NYSE:CPCanadian Pacific Railway Stock Price, Forecast & News

Canadian Pacific Railway's stock was trading at $217.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CP shares have increased by 15.6% and is now trading at $251.12. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last year. There are currently 1 sell rating, 7 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Canadian Pacific Railway.

Canadian Pacific Railway is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Canadian Pacific Railway.

Canadian Pacific Railway Ltd (NYSE:CP) posted its earnings results on Tuesday, April, 21st. The transportation company reported $4.42 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.86 by $1.56. The transportation company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.96 billion. Canadian Pacific Railway had a net margin of 29.95% and a return on equity of 35.29%. The business's quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.79 earnings per share. View Canadian Pacific Railway's earnings history.

Canadian Pacific Railway announced a quarterly dividend on Monday, April 20th. Investors of record on Friday, June 26th will be paid a dividend of $0.59 per share on Monday, July 27th. This represents a $2.36 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, June 25th. View Canadian Pacific Railway's dividend history.

23 brokers have issued 12 month target prices for Canadian Pacific Railway's stock. Their forecasts range from $242.00 to $370.00. On average, they anticipate Canadian Pacific Railway's stock price to reach $304.76 in the next twelve months. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for Canadian Pacific Railway.

Headlines about CP stock have been trending very negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Pacific Railway earned a media sentiment score of -3.4 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutCanadian Pacific Railway.

Canadian Pacific Railway saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 853,000 shares, an increase of 7.3% from the April 30th total of 794,600 shares. Based on an average daily volume of 616,800 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.6% of the shares of the company are sold short. View Canadian Pacific Railway's Current Options Chain.

Some companies that are related to Canadian Pacific Railway include Union Pacific (UNP), Canadian National Railway (CNI), CSX (CSX), Norfolk Southern (NSC), CENT JAPAN RWY/ADR (CJPRY), Kansas City Southern (KSU), Genesee & Wyoming (GWR) and Guangshen Railway Co. Ltd ADR Class H (GSH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Pacific Railway investors own include NVIDIA (NVDA), Union Pacific (UNP), AbbVie (ABBV), Boeing (BA), Teck Resources (TECK), Visa (V), Walmart (WMT), Alibaba Group (BABA), Pfizer (PFE) and Walt Disney (DIS).

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 number of institutional and retail investors. Top institutional investors include WCM Investment Management LLC (4.25%), Veritas Asset Management LLP (2.43%), Massachusetts Financial Services Co. MA (2.22%), The Manufacturers Life Insurance Company (1.95%), Mackenzie Financial Corp (1.88%) and Lone Pine Capital LLC (1.68%). View institutional ownership trends for Canadian Pacific Railway.

CP stock was sold by a variety of institutional investors in the last quarter, including 1832 Asset Management L.P., Alberta Investment Management Corp, Toronto Dominion Bank, Franklin Resources Inc., Ontario Teachers Pension Plan Board, Invesco Ltd., Johanson Financial Advisors Inc., and Public Sector Pension Investment Board. View insider buying and selling activity for Canadian Pacific Railway.

CP stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Lone Pine Capital LLC, Canada Pension Plan Investment Board, WCM Investment Management LLC, Veritas Asset Management LLP, AGF Investments Inc., Assenagon Asset Management S.A., and CIBC Asset Management Inc. View insider buying and selling activity for Canadian Pacific Railway.

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

One share of CP stock can currently be purchased for approximately $251.12.

Canadian Pacific Railway has a market capitalization of $34.06 billion and generates $5.87 billion in revenue each year. The transportation company earns $1.84 billion in net income (profit) each year or $12.39 on an earnings per share basis. Canadian Pacific Railway employs 13,000 workers across the globe.

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

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]