Canadian Pacific Railway - CP Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last year. There are currently 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CP shares.
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16 analysts have issued 12-month price objectives for Canadian Pacific Railway's stock. Their CP share price forecasts range from $74.00 to $115.00. On average, they predict the company's stock price to reach $90.13 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
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Canadian Pacific Railway's stock was trading at $71.94 at the beginning of the year. Since then, CP shares have increased by 10.2% and is now trading at $79.29.
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Canadian Pacific Railway saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 15,940,000 shares, an increase of 44.9% from the June 15th total of 11,000,000 shares. Based on an average daily volume of 2,510,000 shares, the days-to-cover ratio is currently 6.4 days.
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Canadian Pacific Railway is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
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Canadian Pacific Railway Limited (NYSE:CP) posted its quarterly earnings results on Thursday, July, 28th. The transportation company reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.19. The transportation company earned $2.20 billion during the quarter, compared to analyst estimates of $2.19 billion. Canadian Pacific Railway had a trailing twelve-month return on equity of 9.74% and a net margin of 29.38%. The firm's revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS.

Canadian Pacific Railway announced a quarterly dividend on Wednesday, July 27th. Investors 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 annualized dividend and a yield of 0.75%. The ex-dividend date 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 0.74%. 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 16.62% next year. This indicates that the company will be able to sustain or increase its dividend.
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Canadian Pacific Railway's stock split on Monday, May 17th 2021. The 5-1 split was announced on Wednesday, April 21st 2021. The newly minted shares were payable to shareholders after the closing bell 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."

Canadian Pacific Railway's stock is owned by a variety of retail and institutional investors. Top institutional investors include Egerton Capital UK LLP (2.75%), Veritas Asset Management LLP (1.79%), Parnassus Investments LLC (1.46%), TD Asset Management Inc. (1.46%), Bank of Nova Scotia (0.85%) and Connor Clark & Lunn Investment Management Ltd. (0.58%).
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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 $79.29.

Canadian Pacific Railway (NYSE:CP) has a market capitalization of $73.73 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.

Canadian Pacific Railway employs 11,834 workers across the globe.

Canadian Pacific Railway was founded in 1881.

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.