Chesapeake Utilities (CPK) Stock Forecast, Price Target & Predictions
CPK Stock Forecast
Chesapeake Utilities stock forecast is as follows: an average price target of $124.00 (represents a 3.71% upside from CPK’s last price of $119.56) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CPK Price Target
The average price target for Chesapeake Utilities (CPK) is $124.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $124.00 to $124.00. This represents a potential 3.71% upside from CPK's last price of $119.56.
CPK Analyst Ratings
According to 3 Wall Street analysts, Chesapeake Utilities's rating consensus is 'Hold'. The analyst rating breakdown for CPK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Chesapeake Utilities Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 07, 2024 | Nicholas Campanella | Barclays | $124.00 | $122.59 | 1.15% | 3.71% |
| Aug 13, 2024 | Nicholas Campanella | Barclays | $118.00 | $113.55 | 3.92% | -1.30% |
| Jan 10, 2024 | Shelby Tucker | RBC Capital | $123.00 | $105.58 | 16.50% | 2.88% |
The latest Chesapeake Utilities stock forecast, released on Oct 07, 2024 by Nicholas Campanella from Barclays, set a price target of $124.00, which represents a 1.15% increase from the stock price at the time of the forecast ($122.59), and a 3.71% increase from CPK last price ($119.56).
Chesapeake Utilities Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $124.00 | $121.67 |
| Last Closing Price | $119.56 | $119.56 | $119.56 |
| Upside/Downside | -100.00% | 3.71% | 1.76% |
In the current month, the average price target of Chesapeake Utilities stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Chesapeake Utilities's last price of $119.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 07, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Aug 13, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| May 30, 2024 | Barclays | Equal-Weight | Initialise | |
| Jan 10, 2024 | RBC Capital | Sector Perform | Outperform | Upgrade |
| Oct 02, 2023 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade |
Chesapeake Utilities's last stock rating was published by Barclays on Oct 07, 2024. The company gave CPK a "Equal-Weight" rating, the same as its previous rate.
Chesapeake Utilities Financial Forecast
Chesapeake Utilities Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $131.55M | $135.59M | $218.13M | $187.30M | $131.05M | $139.47M | $222.88M | $160.36M | $107.33M | $111.08M | $191.19M | $137.04M | $101.42M | $97.05M | $152.71M | $131.97M | $92.63M |
| Avg Forecast | $242.00M | $173.20M | $200.40M | $282.30M | $215.05M | $166.60M | $182.15M | $262.40M | $204.35M | $171.85M | $194.70M | $260.16M | $234.60M | $143.17M | $158.23M | $248.83M | $186.06M | $127.97M | $125.20M | $210.00M | $173.50M | $113.53M | $106.23M | $183.63M | $160.40M | $112.80M | $124.67M | $203.07M | $215.73M | $162.60M |
| High Forecast | $243.67M | $174.40M | $201.78M | $284.25M | $216.53M | $167.75M | $183.41M | $264.21M | $205.76M | $173.04M | $196.04M | $260.16M | $236.22M | $159.50M | $159.33M | $250.55M | $187.35M | $127.97M | $125.20M | $210.00M | $173.50M | $113.53M | $106.23M | $183.63M | $160.40M | $112.80M | $124.67M | $203.07M | $215.73M | $162.60M |
| Low Forecast | $240.33M | $172.00M | $199.02M | $280.35M | $213.57M | $165.45M | $180.89M | $260.59M | $202.94M | $170.66M | $193.36M | $260.16M | $232.99M | $128.10M | $157.14M | $247.12M | $184.78M | $127.97M | $125.20M | $210.00M | $173.50M | $113.53M | $106.23M | $183.63M | $160.40M | $112.80M | $124.67M | $203.07M | $215.73M | $162.60M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.86% | 0.88% | 1.01% | 1.02% | 1.11% | 1.06% | 0.92% | 0.95% | 1.05% | 1.04% | 0.85% | 0.90% | 0.78% | 0.75% | 0.61% | 0.57% |
Chesapeake Utilities's average Quarter revenue forecast for Dec 23 based on 1 analysts is $234.60M, with a low forecast of $232.99M, and a high forecast of $236.22M. CPK's average Quarter revenue forecast represents a 78.34% increase compared to the company's last Quarter revenue of $131.55M (Sep 23).
Chesapeake Utilities EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.77M | $46.48M | $72.10M | $60.39M | $38.49M | $46.72M | $74.59M | $55.14M | $38.85M | $41.82M | $69.91M | $53.98M | $37.90M | $32.69M | $59.95M | $48.16M | $26.81M |
| Avg Forecast | $83.88M | $60.03M | $69.46M | $97.84M | $74.53M | $57.74M | $63.13M | $90.95M | $70.83M | $59.56M | $67.48M | $87.22M | $81.31M | $49.62M | $54.84M | $79.29M | $62.05M | $42.87M | $41.94M | $72.08M | $58.12M | $38.03M | $35.59M | $65.35M | $53.73M | $37.79M | $41.76M | $61.60M | $72.27M | $54.47M |
| High Forecast | $84.45M | $60.44M | $69.94M | $98.52M | $75.05M | $58.14M | $63.57M | $91.57M | $71.31M | $59.97M | $67.95M | $104.67M | $81.87M | $55.28M | $55.22M | $95.15M | $74.45M | $42.87M | $41.94M | $86.50M | $58.12M | $38.03M | $35.59M | $78.42M | $53.73M | $37.79M | $41.76M | $73.92M | $72.27M | $54.47M |
| Low Forecast | $83.30M | $59.62M | $68.98M | $97.17M | $74.02M | $57.34M | $62.70M | $90.32M | $70.34M | $59.15M | $67.02M | $69.78M | $80.75M | $44.40M | $54.46M | $63.43M | $49.64M | $42.87M | $41.94M | $57.67M | $58.12M | $38.03M | $35.59M | $52.28M | $53.73M | $37.79M | $41.76M | $49.28M | $72.27M | $54.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.85% | 0.91% | 0.97% | 0.90% | 1.11% | 1.03% | 0.95% | 1.02% | 1.18% | 1.07% | 1.00% | 1.00% | 0.78% | 0.97% | 0.67% | 0.49% |
1 analysts predict CPK's average Quarter EBITDA for Dec 23 to be $81.31M, with a high of $81.87M and a low of $80.75M. This is 115.30% upper than Chesapeake Utilities's previous annual EBITDA (Sep 23) of $37.77M.
Chesapeake Utilities Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.41M | $16.13M | $36.34M | $26.15M | $9.66M | $17.05M | $36.93M | $22.70M | $12.47M | $13.81M | $34.47M | $22.35M | $9.26M | $10.96M | $28.93M | $22.56M | $5.62M |
| Avg Forecast | $43.55M | $22.11M | $27.75M | $57.54M | $43.59M | $21.61M | $24.34M | $51.93M | $37.69M | $15.15M | $18.31M | $42.67M | $35.09M | $14.19M | $21.63M | $38.79M | $25.56M | $16.28M | $18.54M | $35.26M | $29.48M | $13.31M | $14.93M | $32.22M | $25.65M | $10.98M | $13.89M | $29.73M | $25.24M | $9.16M |
| High Forecast | $43.94M | $22.31M | $28.00M | $58.05M | $43.98M | $21.80M | $24.56M | $52.39M | $38.02M | $15.80M | $18.32M | $51.20M | $35.40M | $15.54M | $21.82M | $46.55M | $30.67M | $16.28M | $18.54M | $42.32M | $29.48M | $13.31M | $14.93M | $38.66M | $25.65M | $10.98M | $13.89M | $35.68M | $25.24M | $9.16M |
| Low Forecast | $43.16M | $21.91M | $27.50M | $57.02M | $43.20M | $21.41M | $24.12M | $51.46M | $37.35M | $14.50M | $18.31M | $34.13M | $34.77M | $13.51M | $21.44M | $31.03M | $20.44M | $16.28M | $18.54M | $28.21M | $29.48M | $13.31M | $14.93M | $25.77M | $25.65M | $10.98M | $13.89M | $23.78M | $25.24M | $9.16M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.75% | 0.94% | 1.02% | 0.59% | 0.92% | 1.05% | 0.77% | 0.94% | 0.93% | 1.07% | 0.87% | 0.84% | 0.79% | 0.97% | 0.89% | 0.61% |
Chesapeake Utilities's average Quarter net income forecast for Dec 23 is $35.09M, with a range of $34.77M to $35.40M. CPK's average Quarter net income forecast represents a 272.99% increase compared to the company's last Quarter net income of $9.41M (Sep 23).
Chesapeake Utilities SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $880.51K | $630.18K | $729.15K | $1.03M | $782.45K | $606.17K | $662.74K | $954.73K | $743.52K | $625.27K | $708.41K | $946.58K | $853.60K | $520.90K | $575.72K | $905.37K | $676.99K | $465.60K | $455.53K | $764.08K | $631.27K | $413.08K | $386.52K | $668.14K | $583.61K | $410.42K | $453.59K | $738.85K | $784.94K | $591.61K |
| High Forecast | $886.58K | $634.53K | $734.18K | $1.03M | $787.85K | $610.35K | $667.32K | $961.32K | $748.65K | $629.58K | $713.30K | $946.58K | $859.49K | $580.32K | $579.70K | $911.62K | $681.66K | $465.60K | $455.53K | $764.08K | $631.27K | $413.08K | $386.52K | $668.14K | $583.61K | $410.42K | $453.59K | $738.85K | $784.94K | $591.61K |
| Low Forecast | $874.43K | $625.83K | $724.11K | $1.02M | $777.05K | $601.98K | $658.17K | $948.14K | $738.39K | $620.95K | $703.52K | $946.58K | $847.71K | $466.07K | $571.75K | $899.12K | $672.31K | $465.60K | $455.53K | $764.08K | $631.27K | $413.08K | $386.52K | $668.14K | $583.61K | $410.42K | $453.59K | $738.85K | $784.94K | $591.61K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Chesapeake Utilities's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to CPK last annual SG&A of $NaN (undefined).
Chesapeake Utilities EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.53 | $0.91 | $2.05 | $1.47 | $0.54 | $0.96 | $2.09 | $1.29 | $0.71 | $0.79 | $1.97 | $1.28 | $0.56 | $0.67 | $1.76 | $1.38 | $0.34 |
| Avg Forecast | $1.93 | $0.98 | $1.23 | $2.55 | $1.93 | $0.96 | $1.08 | $2.30 | $1.67 | $0.67 | $0.81 | $2.09 | $1.55 | $0.63 | $0.96 | $2.11 | $1.41 | $0.73 | $0.83 | $1.99 | $1.32 | $0.60 | $0.67 | $1.83 | $1.15 | $0.49 | $0.62 | $1.78 | $1.13 | $0.41 |
| High Forecast | $1.95 | $0.99 | $1.24 | $2.57 | $1.95 | $0.97 | $1.09 | $2.32 | $1.69 | $0.70 | $0.81 | $2.09 | $1.57 | $0.69 | $0.97 | $2.13 | $1.42 | $0.73 | $0.83 | $1.99 | $1.32 | $0.60 | $0.67 | $1.83 | $1.15 | $0.49 | $0.62 | $1.78 | $1.13 | $0.41 |
| Low Forecast | $1.91 | $0.97 | $1.22 | $2.53 | $1.91 | $0.95 | $1.07 | $2.28 | $1.66 | $0.64 | $0.81 | $2.09 | $1.54 | $0.60 | $0.95 | $2.09 | $1.39 | $0.73 | $0.83 | $1.99 | $1.32 | $0.60 | $0.67 | $1.83 | $1.15 | $0.49 | $0.62 | $1.78 | $1.13 | $0.41 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.95% | 0.97% | 1.05% | 0.74% | 1.16% | 1.05% | 0.98% | 1.19% | 1.18% | 1.07% | 1.11% | 1.14% | 1.08% | 0.99% | 1.22% | 0.83% |
According to 1 Wall Street analysts, Chesapeake Utilities's projected average Quarter EPS for Dec 23 is $1.55, with a low estimate of $1.54 and a high estimate of $1.57. This represents a 193.40% increase compared to CPK previous annual EPS of $0.53 (Sep 23).
Chesapeake Utilities Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| OPAL | OPAL Fuels | $3.33 | $5.00 | 50.15% | Buy |
| OGS | ONE Gas | $70.50 | $76.50 | 8.51% | Hold |
| NWN | Northwest Natural Company | $41.03 | $44.00 | 7.24% | Hold |
| SR | Spire | $68.30 | $72.00 | 5.42% | Buy |
| NI | NiSource | $36.21 | $37.33 | 3.09% | Buy |
| CPK | Chesapeake Utilities | $125.16 | $124.00 | -0.93% | Hold |
| NJR | New Jersey Resources | $47.52 | $47.00 | -1.09% | Hold |