Canadian Pacific Railway Stock Forecast, Price & News

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last twelve months. There are currently 3 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Pacific Railway stock.
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Canadian Pacific Railway saw a increase in short interest in the month of May. As of May 14th, there was short interest totaling 14,370,000 shares, an increase of 329.0% from the April 29th total of 3,350,000 shares. Based on an average daily trading volume, of 3,820,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 2.2% of the shares of the company are sold short.
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Canadian Pacific Railway is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Canadian Pacific Railway.

Canadian Pacific Railway Limited (NYSE:CP) issued its earnings results on Tuesday, April, 20th. The transportation company reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.20. The transportation company earned $1.96 billion during the quarter, compared to analysts' expectations of $1.98 billion. Canadian Pacific Railway had a net margin of 34.56% and a trailing twelve-month return on equity of 31.95%. The business's revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 earnings per share.
View Canadian Pacific Railway's earnings history.

Canadian Pacific Railway's stock was trading at $43.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CP shares have increased by 76.7% and is now trading at $76.81.
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Canadian Pacific Railway declared a quarterly dividend on Thursday, April 22nd. Shareholders of record on Friday, June 25th will be given a dividend of $0.7565 per share on Monday, July 26th. This represents a $3.03 annualized dividend and a yield of 3.94%. The ex-dividend date is Thursday, June 24th. This is an increase from Canadian Pacific Railway's previous quarterly dividend of $0.74.
View Canadian Pacific Railway's dividend history.

Canadian Pacific Railway pays an annual dividend of $0.41 per share and currently has a dividend yield of 0.54%. The dividend payout ratio of Canadian Pacific Railway is 15.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian Pacific Railway will have a dividend payout ratio of 10.68% next year. This indicates that Canadian Pacific Railway will be able to sustain or increase its dividend.
View Canadian Pacific Railway's dividend history.

Shares of Canadian Pacific Railway 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 issued to shareholders after the closing bell on Friday, May 14th 2021. An investor that had 100 shares of Canadian Pacific Railway stock prior to the split would have 500 shares after the split.

21 brokerages have issued 12 month price objectives for Canadian Pacific Railway's stock. Their forecasts range from $59.00 to $117.40. On average, they anticipate Canadian Pacific Railway's stock price to reach $88.38 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
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99 employees have rated Canadian Pacific Railway CEO Keith Creel on Glassdoor.com. Keith Creel has an approval rating of 52% among Canadian Pacific Railway's employees. This puts Keith Creel in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Canadian Pacific Railway include Union Pacific (UNP), Canadian National Railway (CNI), CSX (CSX), Norfolk Southern (NSC), Kansas City Southern (KSU) and Guangshen Railway (GSHHY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Pacific Railway investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), AbbVie (ABBV), Visa (V), The Home Depot (HD), Mastercard (MA), Union Pacific (UNP), Walmart (WMT), Pfizer (PFE) and The Boeing (BA).

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

Canadian Pacific Railway's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include WCM Investment Management LLC (4.72%), FIL Ltd (3.40%), Veritas Asset Management LLP (2.41%), Bank of Montreal Can (2.39%), TD Asset Management Inc. (2.16%) and Massachusetts Financial Services Co. MA (2.09%).
View institutional ownership trends for Canadian Pacific Railway.

CP stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, The Manufacturers Life Insurance Company , Arabesque Asset Management Ltd, TD Asset Management Inc., Franklin Resources Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Toronto Dominion Bank, and Veritas Asset Management LLP.
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CP stock was acquired by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, FIL Ltd, Artisan Partners Limited Partnership, Tesco Pension Investment Ltd, Waddell & Reed Financial Inc., Bank of Montreal Can, EdgePoint Investment Group Inc., and WCM Investment Management LLC.
View insider buying and selling activity for Canadian Pacific Railway or or view top insider-buying stocks.

Shares of CP 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 $76.81.

Canadian Pacific Railway has a market capitalization of $51.20 billion and generates $5.76 billion in revenue each year. The transportation company earns $1.82 billion in net income (profit) each year or $2.64 on an earnings per share basis.

Canadian Pacific Railway employs 12,398 workers across the globe.

The following companies are subsidiares of Canadian Pacific Railway: 3939804 Canada Inc., 6061338 Canada Inc., 6211241 Canada Inc., CP (US) Holding Corporation, CPFL S.à.r.l., CPFS AG, Canadian Pacific Railway Company, Central Maine & Quebec Railway, Dakota Minnesota & Eastern Railroad Corp., Dakota Minnesota & Eastern Railroad Corporation, Mount Stephen Properties Inc., Soo Line Corporation, Soo Line Holding Company, Soo Line Railroad Company, and Steelcare Inc.

Canadian Pacific Railway was founded in 1881.

The official website for Canadian Pacific Railway is www.cpr.ca.

Canadian Pacific Railway is headquartered at 7550 OGDEN DALE ROAD S.E., CALGARY A0, T2C 4X9.

Canadian Pacific Railway's mailing address is 7550 OGDEN DALE ROAD S.E., CALGARY A0, T2C 4X9. The transportation company can be reached via phone at 403-319-7000 or via email at [email protected]