Chesapeake Utilities stock trades 2.89 percent below Wells Fargo's target
Published on 10/17/2026 at 21:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and earnings calendar
- Wells Fargo's target stood at USD 136.00 after a September 30, 2026 increase from USD 134.00.
- Second-quarter revenue reached USD 201.90 million, up 4.70 percent year over year.
- Chesapeake Utilities stock stood at USD 132.18 on October 16, 2026 at 4:00 p.m. ET, up 1.16 percent versus the NYSE prior close.
- The next estimated earnings date is November 5, 2026, while the trailing P/E was 21.08.
Wells Fargo's target for Chesapeake Utilities stood at USD 136.00 after the firm raised it from USD 134.00 on September 30, 2026, while keeping an Equal Weight rating, according to Investing.com. That target was 2.89 percent above the NYSE price of USD 132.18 on October 16, 2026.
At 4:00 p.m. ET on October 16, 2026, Chesapeake Utilities last stood at USD 132.18 on the NYSE, up USD 1.52, or 1.16 percent, from the prior close of USD 130.66. The stock's session range was USD 130.02 to USD 132.70, with 197,081 shares traded against an average volume of 176,301.
Second-quarter revenue reached USD 201.90 million
Chesapeake Utilities reported USD 201.90 million of revenue for the second quarter of 2026, a 4.70 percent increase from the year-earlier quarter. Net income was USD 25.40 million and diluted earnings per share were USD 1.05 for the same period, according to Chesapeake Utilities.
Price position on October 16
The stock was 6.14 percent below its 52-week high of USD 140.83 and 11.20 percent above its 52-week low of USD 118.88. Its year-to-date performance was 7.75 percent, giving investors a dated measure of the stock's position within its annual range.
Valuation and November 5 date
Chesapeake Utilities had a market capitalization of USD 3.3 billion and a trailing P/E of 21.08 on October 16, 2026. Its forward dividend was USD 2.94 per share, a 2.25 percent yield. The next estimated earnings date is November 5, 2026, according to Yahoo Finance.
Comparison with peers
CPK: plus 1.16 percent, P/E 21.08, market capitalization USD 3.3 billion
UGI (NYSE, USD): plus 2.43 percent, P/E 12.85, market capitalization USD 8.2 billion
NJR (NYSE, USD): plus 1.28 percent, P/E 14.44, market capitalization USD 5.3 billion
What the numbers leave investors
Chesapeake Utilities combined positive second-quarter revenue growth with a target that remains above the latest NYSE quotation. The next scheduled earnings date gives the market a concrete checkpoint for judging whether the USD 136.00 target still fits the company's operating progress.
Market context: Market report S&P 500.
