Desjardins Has Negative Outlook of TSE:CP FY2025 Earnings

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

Several other equities research analysts also recently issued reports on the company. Barclays dropped their price objective on Canadian Pacific Kansas City from C$130.00 to C$125.00 in a report on Wednesday, April 2nd. CIBC lifted their price target on shares of Canadian Pacific Kansas City from C$119.00 to C$124.00 in a research note on Thursday, May 22nd. UBS Group lifted their price target on shares of Canadian Pacific Kansas City from C$113.00 to C$116.00 in a research note on Thursday, May 1st. National Bankshares dropped their price target on shares of Canadian Pacific Kansas City from C$123.00 to C$118.00 and set a "sector perform" rating for the company in a research note on Thursday, April 3rd. Finally, The Goldman Sachs Group lowered shares of Canadian Pacific Kansas City from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$119.92.

Canadian Pacific Kansas City Stock Down 1.0%

Shares of TSE CP traded down C$1.12 during midday trading on Friday, reaching C$108.83. 809,530 shares of the company's stock were exchanged, compared to its average volume of 1,619,876. The company has a debt-to-equity ratio of 49.64, a quick ratio of 0.42 and a current ratio of 0.53. Canadian Pacific Kansas City has a 52-week low of C$94.60 and a 52-week high of C$119.20. The business's fifty day moving average price is C$108.90 and its two-hundred day moving average price is C$107.59. The stock has a market capitalization of C$101.72 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79.

Insider Transactions at Canadian Pacific Kansas City

In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 15,971 shares of Canadian Pacific Kansas City stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of C$113.33, for a total value of C$1,809,927.95. Also, Senior Officer John Kenneth Brooks sold 37,420 shares of the business's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of C$111.43, for a total transaction of C$4,169,691.14. Insiders have sold a total of 343,599 shares of company stock valued at $38,107,437 over the last quarter. Insiders own 0.03% of the company's stock.

Canadian Pacific Kansas City Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Monday, July 28th will be issued a $0.228 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Friday, June 27th. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.19. Canadian Pacific Kansas City's payout ratio is currently 20.06%.

About Canadian Pacific Kansas City

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.