Desjardins Issues Pessimistic Estimate for TSE:CP Earnings

Canadian Pacific Kansas City Limited (TSE:CP - Free Report) NYSE: CP - Equities research analysts at Desjardins dropped their FY2025 earnings per share (EPS) estimates for Canadian Pacific Kansas City in a research note issued on Thursday, July 3rd. Desjardins analyst B. Poirier now expects that the company will earn $4.74 per share for the year, down from their previous estimate of $4.78. Desjardins currently has a "Buy" rating and a $124.00 target price on the stock. The consensus estimate for Canadian Pacific Kansas City's current full-year earnings is $4.34 per share.

Several other analysts have also recently issued reports on the company. National Bankshares dropped their target price on Canadian Pacific Kansas City from C$123.00 to C$118.00 and set a "sector perform" rating on the stock in a research report on Thursday, April 3rd. ATB Capital reduced their target price on Canadian Pacific Kansas City from C$128.00 to C$124.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from C$122.00 to C$121.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Barclays dropped their target price on Canadian Pacific Kansas City from C$130.00 to C$125.00 in a research report on Wednesday, April 2nd. Finally, The Goldman Sachs Group cut Canadian Pacific Kansas City from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, eight have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of C$120.00.

Canadian Pacific Kansas City Trading Down 0.3%

TSE:CP traded down C$0.33 during midday trading on Friday, hitting C$109.95. The stock had a trading volume of 304,167 shares, compared to its average volume of 1,626,207. Canadian Pacific Kansas City has a one year low of C$94.60 and a one year high of C$119.20. The company has a market capitalization of C$102.77 billion, a price-to-earnings ratio of 29.03, a PEG ratio of 2.32 and a beta of 0.79. The stock has a 50-day moving average of C$108.90 and a 200 day moving average of C$107.55. The company has a quick ratio of 0.42, a current ratio of 0.53 and a debt-to-equity ratio of 49.64.

Canadian Pacific Kansas City Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Monday, July 28th will be paid a dividend of $0.228 per share. This represents a $0.91 dividend on an annualized basis and a yield of 0.83%. This is a positive change from Canadian Pacific Kansas City's previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Friday, June 27th. Canadian Pacific Kansas City's payout ratio is presently 20.06%.

Insider Activity at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer Pamela Lynne Arpin sold 8,500 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of C$109.81, for a total value of C$933,389.25. Also, Senior Officer Keith E. Creel sold 170,227 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$110.59, for a total transaction of C$18,825,910.53. Insiders sold 343,599 shares of company stock worth $38,107,437 in the last three months. Insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Company Profile

Canadian Pacific is a CAD 8 billion Class-1 railroads operating on more than 12,500 miles of track across most of Canada and into parts of the Midwestern and Northeastern United States. It is the second-smallest Class I railroad by revenue and route miles. In 2021, CP hauled shipments of grain (22% of freight revenue), intermodal containers (22%), energy products (like crude and frac sand), chemicals, and plastics (20%) coal (8%), fertilizer and potash (10%), automotive products (5%), and a diverse mix of other merchandise.