Canadian Pacific Railway - CP Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CP shares.
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14 equities research analysts have issued 12-month target prices for Canadian Pacific Railway's shares. Their CP share price forecasts range from $75.00 to $130.00. On average, they expect the company's stock price to reach $89.73 in the next twelve months. This suggests a possible upside of 16.1% from the stock's current price.
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Canadian Pacific Railway's stock was trading at $74.59 at the beginning of 2023. Since then, CP shares have increased by 3.6% and is now trading at $77.31.
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Canadian Pacific Railway saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 12,690,000 shares, a decline of 11.9% from the December 31st total of 14,400,000 shares. Based on an average trading volume of 1,770,000 shares, the short-interest ratio is currently 7.2 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
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Canadian Pacific Railway will be holding an earnings conference call on Tuesday, January 31st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2666.

Canadian Pacific Railway Limited (NYSE:CP) issued its earnings results on Tuesday, October, 19th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by $0.06. The transportation company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.96 billion. Canadian Pacific Railway had a trailing twelve-month return on equity of 8.77% and a net margin of 33.05%. The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

Canadian Pacific Railway announced a quarterly dividend on Wednesday, October 26th. Shareholders of record on Friday, December 30th will be given a dividend of $0.137 per share on Monday, January 30th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for CP.

Canadian Pacific Railway (NYSE:CP) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.72%. The dividend payout ratio is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CP will have a dividend payout ratio of 16.37% 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 on Monday, May 17th 2021. The 5-1 split was announced on Wednesday, April 21st 2021. The newly issued shares were issued 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 number of institutional and retail investors. Top institutional investors include Parnassus Investments LLC (1.09%), National Bank of Canada FI (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Baillie Gifford & Co. (0.16%), Bristol John W & Co. Inc. NY (0.15%) and Addenda Capital Inc. (0.08%).
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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 $77.31.

Canadian Pacific Railway (NYSE:CP) has a market capitalization of $71.94 billion and generates $6.38 billion in revenue each year. The transportation company earns $2.28 billion in net income (profit) each year or $2.47 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 (888) 333-6370 or via email at investor@cpr.ca.