Canadian Pacific Railway - CP Stock Forecast, Price & News

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last year. There are currently 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CP shares.
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15 equities research analysts have issued 1-year price targets for Canadian Pacific Railway's stock. Their CP share price forecasts range from $74.00 to $115.00. On average, they expect the company's stock price to reach $89.63 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
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Canadian Pacific Railway's stock was trading at $71.94 at the beginning of 2022. Since then, CP shares have decreased by 2.5% and is now trading at $70.16.
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Canadian Pacific Railway saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 16,060,000 shares, an increase of 11.0% from the August 31st total of 14,470,000 shares. Based on an average trading volume of 2,080,000 shares, the days-to-cover ratio is presently 7.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Canadian Pacific Railway will be holding an earnings conference call on Wednesday, October 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-7216.

Canadian Pacific Railway Limited (NYSE:CP) posted its quarterly earnings data on Thursday, July, 28th. The transportation company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.05. The transportation company earned $2.20 billion during the quarter, compared to the consensus estimate of $2.19 billion. Canadian Pacific Railway had a net margin of 29.38% and a trailing twelve-month return on equity of 9.74%. The firm's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 EPS.

Canadian Pacific Railway announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Friday, September 30th will be given a dividend of $0.148 per share on Monday, October 31st. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, September 29th.
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Canadian Pacific Railway (NYSE:CP) pays an annual dividend of $0.59 per share and currently has a dividend yield of 0.88%. The dividend payout ratio is 25.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CP will have a dividend payout ratio of 16.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CP.

Canadian Pacific Railway's stock split before market open on 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.

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

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 $70.16.

Canadian Pacific Railway (NYSE:CP) has a market capitalization of $65.25 billion and generates $6.38 billion in revenue each year. The transportation company earns $2.28 billion in net income (profit) each year or $2.29 on an earnings per share basis.

The company employs 11,834 workers across the globe.

Canadian Pacific Railway'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) 319-7000 or via email at investor@cpr.ca.