Canadian Pacific Railway - CP Stock Forecast, Price & News

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Pacific Railway in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CP shares.
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13 equities research analysts have issued 1-year price objectives for Canadian Pacific Railway's stock. Their CP share price forecasts range from $75.00 to $125.00. On average, they anticipate the company's stock price to reach $90.00 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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Canadian Pacific Railway's stock was trading at $74.59 at the beginning of the year. Since then, CP shares have increased by 0.7% and is now trading at $75.13.
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Canadian Pacific Railway saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 14,340,000 shares, an increase of 43.3% from the February 13th total of 10,010,000 shares. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is presently 8.1 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our CP earnings forecast.

Canadian Pacific Railway Limited (NYSE:CP) posted its earnings results on Tuesday, October, 19th. The transportation company reported $0.88 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 9.29% and a net margin of 39.70%. The company's quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 EPS.

Canadian Pacific Railway declared a quarterly dividend on Tuesday, January 31st. Investors of record on Friday, March 31st will be paid a dividend of $0.1424 per share on Monday, April 24th. This represents a $0.57 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for CP.

Global X Guru Index ETF holds 9,032 shares of CP stock, representing 1.41% of its portfolio.

Canadian Pacific Railway (NYSE:CP) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.73%. The dividend payout ratio is 19.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CP will have a dividend payout ratio of 14.07% 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 shares split 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 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 WCM Investment Management LLC (3.25%), Egerton Capital UK LLP (2.19%), Bank of Montreal Can (2.07%), Norges Bank (1.64%), Mackenzie Financial Corp (1.52%) and Veritas Asset Management LLP (1.49%).
View institutional ownership trends.

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 $75.13.

Canadian Pacific Railway (NYSE:CP) has a market capitalization of $69.93 billion and generates $6.78 billion in revenue each year. The transportation company earns $2.71 billion in net income (profit) each year or $2.88 on an earnings per share basis.

The company employs 12,754 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.