Research Analysts Offer Predictions for CP FY2028 Earnings

Key Points

• Desjardins analysts have reduced their FY2028 earnings per share estimate for Canadian Pacific Kansas City to $5.07, down from $5.49, while the current consensus is $3.42 per share.
• The company recently reported a quarterly earnings per share of $0.81, which fell short of the consensus estimate of $0.82, and experienced a revenue of $2.72 billion, missing expectations by $0.04 billion.
• Canadian Pacific Kansas City has announced a quarterly dividend increase to $0.1651 per share, up from $0.16, with a dividend yield of 0.8% and a payout ratio of 20.56%.

Canadian Pacific Kansas City Limited (NYSE:CP - Free Report) TSE: CP - Equities research analysts at Desjardins cut their FY2028 EPS estimates for shares of Canadian Pacific Kansas City in a note issued to investors on Monday, October 6th. Desjardins analyst B. Poirier now forecasts that the transportation company will earn $5.07 per share for the year, down from their previous estimate of $5.49. The consensus estimate for Canadian Pacific Kansas City's current full-year earnings is $3.42 per share.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings data on Wednesday, July 30th. The transportation company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.01). Canadian Pacific Kansas City had a return on equity of 8.69% and a net margin of 28.05%.The company had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the company posted $1.05 earnings per share. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year.

Several other brokerages have also issued reports on CP. Stephens increased their price target on shares of Canadian Pacific Kansas City from $95.00 to $97.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Citigroup increased their price target on shares of Canadian Pacific Kansas City from $89.00 to $94.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Scotiabank reiterated an "outperform" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, July 10th. National Bankshares reiterated an "outperform" rating on shares of Canadian Pacific Kansas City in a research note on Thursday, September 18th. Finally, Susquehanna decreased their price target on shares of Canadian Pacific Kansas City from $91.00 to $88.00 and set a "positive" rating for the company in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City has an average rating of "Moderate Buy" and a consensus target price of $91.80.

Canadian Pacific Kansas City Stock Up 0.5%

Shares of NYSE CP opened at $77.75 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45. Canadian Pacific Kansas City has a 12 month low of $66.49 and a 12 month high of $83.65. The firm has a market capitalization of $70.51 billion, a PE ratio of 24.22, a price-to-earnings-growth ratio of 2.17 and a beta of 1.08. The firm has a fifty day simple moving average of $75.22 and a two-hundred day simple moving average of $76.43.

Canadian Pacific Kansas City Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 27th. Stockholders of record on Friday, September 26th will be issued a dividend of $0.1651 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, September 26th. This is a boost from Canadian Pacific Kansas City's previous quarterly dividend of $0.16. Canadian Pacific Kansas City's payout ratio is 20.56%.

Institutional Trading of Canadian Pacific Kansas City

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its holdings in shares of Canadian Pacific Kansas City by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,065,476 shares of the transportation company's stock valued at $74,807,000 after acquiring an additional 31,508 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of Canadian Pacific Kansas City by 70.0% during the 1st quarter. Concurrent Investment Advisors LLC now owns 5,990 shares of the transportation company's stock valued at $421,000 after acquiring an additional 2,467 shares during the last quarter. CX Institutional purchased a new stake in shares of Canadian Pacific Kansas City during the 1st quarter valued at about $61,000. Janney Montgomery Scott LLC boosted its holdings in shares of Canadian Pacific Kansas City by 28.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 101,211 shares of the transportation company's stock valued at $7,106,000 after acquiring an additional 22,606 shares during the last quarter. Finally, Vanderbilt University boosted its holdings in shares of Canadian Pacific Kansas City by 10.3% during the 2nd quarter. Vanderbilt University now owns 75,452 shares of the transportation company's stock valued at $5,982,000 after acquiring an additional 7,050 shares during the last quarter. Hedge funds and other 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.

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