On Tuesday, January 24, the most recent quarterly earnings report for Chesapeake Financial Shares (OTCMKTS: CPKF) was made public.
This report covered the period ending December 31, 2018.
The earnings the bank reported for the quarter on earnings per share (EPS) basis came in at $0.71, which was $0.17 higher than the average estimate of $0.54.
The most recent quarter’s actual sales for the company came in at $15.98 million, which is significantly higher than the consensus projection of $14.80 million for that period. Chesapeake Financial Shares had a return on equity of 20.89%, and the company’s net margin was 25.62%.
Both of these figures are percentages.
Trading got underway on Monday at $23.60 per CPKF share, which was the price set.
The company currently has a moving average of $22.16 for the past 50 days, and the moving average for the past 200 days is $22.73, respectively.
The price-to-earnings ratio for the company is 6.33, and its beta value is 0.62.
The company’s total value, as measured by its market capitalization, is $111.16 million.
A debt-to-equity ratio comes in at 0.32; a quick ratio at 0.61; a current ratio at 0.63; and a quick ratio at 0.61.
During the previous year, the share price of Chesapeake Financial fluctuated between $19.15 and $30.10, reaching a low of $19.15 and a high of $30.10.
The equity research analysts working for Zacks Small Cap raised their earnings projections for the fiscal year 2023 for Chesapeake Financial Shares, INC in a report published on Thursday, March 2, 2019. (OTCMKTS: CPKF).
The previous projection for the bank’s earnings in 2018 was $3.31 per share; however, an analyst at Zacks Small Cap named A. Heffron anticipates that the bank will earn $3.45 per share in 2018, an increase from the previous projection of $3.31.
According to the current and most accurate consensus forecast, Chesapeake Financial Shares are anticipated to bring in $3.45 per share for the full calendar year.
In addition, the company recently stated a dividend that will be paid out on March 15, and the announcement was made public. On March 1, stockholders recognized as having shares on record will be eligible to receive a $0.15 dividend payment per share.
As a direct result, the dividend yield is calculated to be 2.61 percent. On February 28, a decision will be made regarding whether or not this dividend will be distributed to shareholders. Chesapeake Financial Shares have reached a point where their dividend payout ratio (DPR) is currently 16.09%.
Chesapeake Financial Shares, INC is a bank holding company that offers banking services on a personal and commercial scale. Chesapeake Bank and Chesapeak Investment Group, INC are the entities that make these services accessible to customers.
The company offers a variety of products and services, including mortgages, brokerage, trust, and estate management services, checking and savings accounts, credit for deposits, electronic services such as an internet branch, company cash management software, and checking and savings accounts.
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