Somewhat Positive Press Coverage Somewhat Unlikely to Affect Chesapeake Utilities Corporation (CPK) Share Price

News articles about Chesapeake Utilities Corporation (NYSE:CPK) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chesapeake Utilities Corporation earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 46.1204952303401 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Chesapeake Utilities Corporation (NYSE:CPK) traded down $0.95 during mid-day trading on Wednesday, reaching $82.70. The company had a trading volume of 53,459 shares, compared to its average volume of 47,993. The company has a current ratio of 0.44, a quick ratio of 0.39 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1,336.97, a price-to-earnings ratio of 30.41, a price-to-earnings-growth ratio of 4.78 and a beta of 0.25. Chesapeake Utilities Corporation has a twelve month low of $63.00 and a twelve month high of $84.35.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 15th will be paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, December 14th. Chesapeake Utilities Corporation’s dividend payout ratio is currently 48.33%.

CPK has been the topic of several recent analyst reports. Zacks Investment Research raised Chesapeake Utilities Corporation from a “strong sell” rating to a “hold” rating in a research note on Monday, October 23rd. Sidoti initiated coverage on Chesapeake Utilities Corporation in a research note on Wednesday, October 18th. They issued a “neutral” rating and a $85.00 price target on the stock. Finally, BidaskClub raised Chesapeake Utilities Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Chesapeake Utilities Corporation presently has a consensus rating of “Hold” and a consensus price target of $76.40.

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Chesapeake Utilities Corporation Company Profile

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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