FY2024 EPS Estimates for Canadian Pacific Kansas City Limited Decreased by Analyst (TSE:CP)

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Stock analysts at Atb Cap Markets decreased their FY2024 earnings estimates for Canadian Pacific Kansas City in a research report issued to clients and investors on Tuesday, July 30th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $4.34 per share for the year, down from their prior estimate of $4.35. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.16 per share. Atb Cap Markets also issued estimates for Canadian Pacific Kansas City’s Q4 2024 earnings at $1.35 EPS and Q3 2025 earnings at $1.26 EPS.

CP has been the topic of several other research reports. Scotiabank raised Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$124.00 to C$130.00 in a report on Wednesday, July 10th. ATB Capital boosted their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the company an “outperform” rating in a report on Wednesday. Barclays raised their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. Sanford C. Bernstein upped their target price on shares of Canadian Pacific Kansas City from C$122.00 to C$126.00 and gave the company a “market perform” rating in a research note on Wednesday. Finally, BMO Capital Markets raised their price target on shares of Canadian Pacific Kansas City from C$125.00 to C$133.00 in a research note on Monday, April 8th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and an average price target of C$123.87.

Canadian Pacific Kansas City Trading Down 3.7 %

Shares of CP opened at C$111.51 on Friday. The stock’s 50-day moving average price is C$109.39 and its 200 day moving average price is C$112.66. The company has a quick ratio of 0.42, a current ratio of 0.49 and a debt-to-equity ratio of 51.94. The firm has a market capitalization of C$104.01 billion, a price-to-earnings ratio of 27.53, a P/E/G ratio of 2.32 and a beta of 0.77. Canadian Pacific Kansas City has a 12-month low of C$94.45 and a 12-month high of C$123.37.

Insider Activity at Canadian Pacific Kansas City

In other news, Director Isabelle Courville sold 4,500 shares of the stock in a transaction on Thursday, May 16th. The stock was sold at an average price of C$110.80, for a total value of C$498,600.00. In related news, Senior Officer Keith E. Creel sold 59,925 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of C$113.21, for a total value of C$6,783,869.55. Also, Director Isabelle Courville sold 4,500 shares of Canadian Pacific Kansas City stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of C$110.80, for a total value of C$498,600.00. Insiders have sold 208,730 shares of company stock worth $22,779,501 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 28th. Investors of record on Friday, September 27th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.77%.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.