Media headlines about Chesapeake Utilities (NYSE:CPK) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chesapeake Utilities earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 46.6583882485914 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Chesapeake Utilities (NYSE:CPK) opened at $82.60 on Thursday. The firm has a market cap of $1,370.48, a price-to-earnings ratio of 31.17, a P/E/G ratio of 4.90 and a beta of 0.26. Chesapeake Utilities has a 12-month low of $63.00 and a 12-month high of $86.35. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.44 and a quick ratio of 0.39.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 15th will be given a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Thursday, December 14th. Chesapeake Utilities’s dividend payout ratio (DPR) is currently 48.33%.
A number of equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Chesapeake Utilities from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Tuesday, November 14th. Sidoti initiated coverage on shares of Chesapeake Utilities in a research report on Wednesday, October 18th. They issued a “neutral” rating and a $85.00 target price for the company. Finally, BidaskClub raised shares of Chesapeake Utilities from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. Chesapeake Utilities presently has a consensus rating of “Buy” and an average price target of $79.25.
About Chesapeake Utilities
Chesapeake Utilities Corporation (Chesapeake) is an energy company. The Company operates through two segments: Regulated Energy and Unregulated Energy. The Company provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services.
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