Canadian Pacific Kansas City Limited (NYSE:CP) Receives $91.33 Average PT from Brokerages

Shares of Canadian Pacific Kansas City Limited (NYSE:CP - Get Free Report) TSE: CP have been given an average rating of "Moderate Buy" by the fifteen ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $90.71.

Several equities research analysts have weighed in on CP shares. Loop Capital cut Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research note on Monday, February 3rd. Royal Bank of Canada reduced their price objective on Canadian Pacific Kansas City from $122.00 to $121.00 and set an "outperform" rating on the stock in a research note on Thursday. Susquehanna boosted their target price on Canadian Pacific Kansas City from $88.00 to $90.00 and gave the stock a "positive" rating in a research note on Thursday. Barclays dropped their target price on shares of Canadian Pacific Kansas City from $91.00 to $87.00 and set an "overweight" rating for the company in a report on Wednesday, April 2nd. Finally, Stifel Nicolaus decreased their price target on shares of Canadian Pacific Kansas City from $85.00 to $79.00 and set a "hold" rating on the stock in a report on Monday, April 14th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. North Capital Inc. acquired a new position in shares of Canadian Pacific Kansas City in the first quarter worth approximately $27,000. Cornerstone Planning Group LLC lifted its position in shares of Canadian Pacific Kansas City by 209.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 378 shares of the transportation company's stock worth $28,000 after purchasing an additional 256 shares during the period. Bernard Wealth Management Corp. acquired a new position in shares of Canadian Pacific Kansas City in the 4th quarter worth approximately $31,000. Kestra Investment Management LLC bought a new stake in shares of Canadian Pacific Kansas City in the 4th quarter valued at $33,000. Finally, Stonebridge Financial Group LLC acquired a new stake in shares of Canadian Pacific Kansas City during the fourth quarter worth $34,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Price Performance

Shares of NYSE CP traded up $2.21 during mid-day trading on Tuesday, reaching $74.94. The company had a trading volume of 4,017,678 shares, compared to its average volume of 2,726,146. Canadian Pacific Kansas City has a one year low of $66.49 and a one year high of $87.72. The business's 50-day simple moving average is $73.22 and its 200 day simple moving average is $75.27. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.46 and a current ratio of 0.53. The firm has a market cap of $69.71 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 2.00 and a beta of 1.01.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last released its earnings results on Wednesday, April 30th. The transportation company reported $0.74 EPS for the quarter, meeting the consensus estimate of $0.74. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%. The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same period last year, the firm earned $0.93 EPS. The business's quarterly revenue was up 8.0% compared to the same quarter last year. On average, research analysts predict that Canadian Pacific Kansas City will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Friday, June 27th will be issued a $0.1644 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.88%. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. Canadian Pacific Kansas City's dividend payout ratio is presently 17.93%.

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.