Canadian Pacific Kansas City (CP) Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Kansas City in the last twelve months. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CP shares.
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17 Wall Street analysts have issued 1 year price targets for Canadian Pacific Kansas City's stock. Their CP share price forecasts range from $75.00 to $112.00. On average, they expect the company's share price to reach $90.56 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
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Canadian Pacific Kansas City's stock was trading at $74.59 at the beginning of 2023. Since then, CP shares have increased by 2.5% and is now trading at $76.47.
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Canadian Pacific Kansas City saw a increase in short interest in August. As of August 31st, there was short interest totaling 18,360,000 shares, an increase of 39.9% from the August 15th total of 13,120,000 shares. Based on an average daily volume of 2,090,000 shares, the short-interest ratio is currently 8.8 days.
View Canadian Pacific Kansas City's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our CP earnings forecast.

Canadian Pacific Kansas City Limited (NYSE:CP) issued its earnings results on Thursday, July, 27th. The transportation company reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.07. The transportation company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.47 billion. Canadian Pacific Kansas City had a trailing twelve-month return on equity of 8.92% and a net margin of 41.92%.

Canadian Pacific Kansas City declared a quarterly dividend on Thursday, July 27th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.1437 per share on Monday, October 30th. This represents a $0.57 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Thursday, September 28th. This is a positive change from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for CP.

Canadian Pacific Kansas City (NYSE:CP) pays an annual dividend of $0.57 per share and currently has a dividend yield of 0.75%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CP will have a dividend payout ratio of 16.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CP.

Shares of Canadian Pacific Kansas City split on the morning of Monday, May 17th 2021. The 5-1 split was announced on Wednesday, April 21st 2021. The newly created shares were distributed to shareholders after the market closes on Friday, May 14th 2021. An investor that had 100 shares of stock prior to the split would have 500 shares after the split.

Canadian Pacific Kansas City updated its FY23 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $3.77 for the period, compared to the consensus estimate of $4.00.

99 employees have rated Canadian Pacific Kansas City Chief Executive Officer Keith Creel on Glassdoor.com. Keith Creel has an approval rating of 52% among the company's employees. This puts Keith Creel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Pacific Kansas City investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), AbbVie (ABBV), Visa (V), Home Depot (HD), Mastercard (MA), Union Pacific (UNP), Walmart (WMT), Pfizer (PFE) and Boeing (BA).

Canadian Pacific Kansas City trades on the New York Stock Exchange (NYSE) under the ticker symbol "CP."

Canadian Pacific Kansas City's stock is owned by a number of institutional and retail investors. Top institutional investors include WCM Investment Management LLC (3.36%), Capital World Investors (2.22%), Egerton Capital UK LLP (1.85%), Mackenzie Financial Corp (1.59%), TD Asset Management Inc (1.55%) and 1832 Asset Management L.P. (1.45%).
View institutional ownership trends.

Shares of CP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CP stock can currently be purchased for approximately $76.47.

Canadian Pacific Kansas City (NYSE:CP) has a market capitalization of $71.24 billion and generates $6.78 billion in revenue each year. The transportation company earns $2.71 billion in net income (profit) each year or $3.44 on an earnings per share basis.

The company employs 12,754 workers across the globe.

Canadian Pacific Kansas City's mailing address is 7550 OGDEN DALE ROAD S.E., CALGARY A0, T2C 4X9. The official website for the company is www.cpr.ca. The transportation company can be reached via phone at (403) 319-3591 or via email at investor@cpr.ca.