Desjardins Has Positive Outlook for CP FY2025 Earnings

Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP - Equities research analysts at Desjardins increased their FY2025 earnings per share estimates for shares of Canadian Pacific Kansas City in a research note issued on Thursday, July 3rd. Desjardins analyst B. Poirier now anticipates that the transportation company will post earnings of $3.51 per share for the year, up from their prior forecast of $3.44. The consensus estimate for Canadian Pacific Kansas City's current full-year earnings is $3.42 per share. Desjardins also issued estimates for Canadian Pacific Kansas City's FY2026 earnings at $4.14 EPS and FY2028 earnings at $5.49 EPS.

Other equities research analysts have also issued research reports about the company. Royal Bank Of Canada reduced their price target on Canadian Pacific Kansas City from $122.00 to $121.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Barclays reduced their price target on Canadian Pacific Kansas City from $91.00 to $87.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 2nd. Citigroup reduced their price target on Canadian Pacific Kansas City from $91.00 to $84.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Argus set a $90.00 price target on Canadian Pacific Kansas City in a research report on Wednesday, March 26th. Finally, Evercore ISI reduced their price target on Canadian Pacific Kansas City from $89.00 to $88.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $90.95.

Canadian Pacific Kansas City Price Performance

CP stock traded down $0.64 during midday trading on Friday, reaching $81.11. 1,085,094 shares of the stock were exchanged, compared to its average volume of 2,817,089. The company has a fifty day moving average price of $79.13 and a 200 day moving average price of $76.31. Canadian Pacific Kansas City has a 52 week low of $66.49 and a 52 week high of $87.72. The stock has a market capitalization of $74.74 billion, a PE ratio of 27.40, a P/E/G ratio of 2.27 and a beta of 1.07. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.81 and a quick ratio of 0.70.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share for the quarter, hitting analysts' consensus estimates of $0.74. The business had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.68% and a net margin of 25.99%. Canadian Pacific Kansas City's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Friday, June 27th will be given a dividend of $0.1644 per share. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. This represents a $0.66 annualized dividend and a dividend yield of 0.81%. Canadian Pacific Kansas City's dividend payout ratio is presently 22.30%.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Several institutional investors and hedge funds have recently made changes to their positions in the business. Park National Corp OH raised its stake in Canadian Pacific Kansas City by 3.1% during the 2nd quarter. Park National Corp OH now owns 6,938 shares of the transportation company's stock worth $550,000 after buying an additional 209 shares during the period. Nicola Wealth Management LTD. raised its stake in shares of Canadian Pacific Kansas City by 27.1% in the first quarter. Nicola Wealth Management LTD. now owns 154,800 shares of the transportation company's stock worth $10,868,000 after purchasing an additional 33,000 shares during the last quarter. Modern Wealth Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the first quarter worth approximately $859,000. Intrua Financial LLC purchased a new stake in shares of Canadian Pacific Kansas City in the first quarter worth approximately $249,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the first quarter worth approximately $35,000. Institutional investors own 72.20% of the company's stock.

About Canadian Pacific Kansas City

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.