By james art 
Chesapeake Energy (NASDAQ:EXE – Free Report) The price objective was upped by Mizuho from $105.00 to $110.00 in a research note on Thursday, Benzinga reports. Mizuho currently has an outperform rating on the stock.
Other equities analysts have also issued reports on the stock. Stephens boosted their price objective on shares of Chesapeake Energy from $85.00 to $86.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Citigroup boosted their price objective on Chesapeake Energy from $90.00 to $97.00 and gave the company a “buy” rating in a report on Tuesday, October 8th. Roth Capital upgraded shares of Chesapeake Energy to a “strong-buy” rating in a report on Friday, September 27th. UBS Group boosted their price objective on Chesapeake Energy from $85.00 to $89.00 and gave the company a “neutral” rating in a research note on Tuesday, October 8th. Finally, Bank of America assumed coverage on Chesapeake Energy in a research note on Monday, October 28th. They issued a “buy” rating and a $114.00 target price on the stock. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Chesapeake Energy presently has an average rating of “Moderate Buy” and an average price target of $99.20, according to MarketBeat .
Get our latest report on Chesapeake Energy
Chesapeake Energy Trading down 1.3%
Shares of EXE opened at $83.66 on Thursday. Chesapeake Energy has a 1 year low of $69.12 and a 1 year high of $93.58. The company has a market cap of $10.98 billion, a P/E ratio of 51.64 and a beta of 0.46. The company has a quick ratio of 2.16, a current ratio of 2.00 and a debt-to-equity ratio of 0.20.
Chesapeake Energy (NASDAQ:EXE – Get Your Free Report ) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.15. Chesapeake Energy had a net margin of 6.07% and a return on equity of 2.74%. The business had revenue of $648.00 million during the quarter, compared to analyst estimates of $708.98 million. In the same quarter last year, the business earned $1.09 EPS. The company’s quarterly revenue was down 57.1% year-on-year. analysts predict that Chesapeake Energy will post 0.72 EPS for the current fiscal year.
Chesapeake Energy announces dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, November 14th will be given a $0.575 dividend. This represents a dividend of $2.30 on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, November 14th. Chesapeake Energy’s payout ratio is currently 141.98%.
Chesapeake Energy Company Profile
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Expand Energy Corporation is an independent producer of natural gas primarily in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in Oklahoma City.
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