Raymond James Has Pessimistic View of CP FY2025 Earnings

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) – Research analysts at Raymond James dropped their FY2025 earnings per share estimates for shares of Canadian Pacific Kansas City in a research note issued to investors on Monday, January 27th. Raymond James analyst S. Hansen now forecasts that the transportation company will post earnings of $3.42 per share for the year, down from their prior estimate of $3.77. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $3.50 per share.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.26. Canadian Pacific Kansas City had a net margin of 25.51% and a return on equity of 8.86%.

CP has been the topic of a number of other reports. Citigroup lifted their price objective on Canadian Pacific Kansas City from $88.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday. Wolfe Research raised shares of Canadian Pacific Kansas City from a “peer perform” rating to an “outperform” rating and set a $86.00 price objective on the stock in a research report on Wednesday, January 8th. Susquehanna dropped their target price on shares of Canadian Pacific Kansas City from $92.00 to $90.00 and set a “positive” rating for the company in a research report on Wednesday, January 8th. Barclays reduced their price target on shares of Canadian Pacific Kansas City from $97.00 to $91.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Finally, Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday. One analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.45.

Canadian Pacific Kansas City Stock Down 0.3 %

Shares of NYSE:CP opened at $79.57 on Thursday. The stock’s 50-day moving average is $75.34 and its 200 day moving average is $79.05. The company has a market cap of $74.28 billion, a PE ratio of 27.44, a P/E/G ratio of 2.04 and a beta of 0.96. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. Canadian Pacific Kansas City has a 1 year low of $70.89 and a 1 year high of $91.58.

Canadian Pacific Kansas City Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be issued a $0.1318 dividend. This represents a $0.53 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 28th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.62%.

Hedge Funds Weigh In On Canadian Pacific Kansas City

Institutional investors and hedge funds have recently modified their holdings of the stock. Lorne Steinberg Wealth Management Inc. grew its position in Canadian Pacific Kansas City by 14.0% during the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 89,946 shares of the transportation company’s stock valued at $6,506,000 after purchasing an additional 11,035 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Canadian Pacific Kansas City by 37.8% in the fourth quarter. New York State Common Retirement Fund now owns 168,229 shares of the transportation company’s stock worth $12,175,000 after buying an additional 46,171 shares in the last quarter. BKM Wealth Management LLC grew its holdings in shares of Canadian Pacific Kansas City by 2.2% during the fourth quarter. BKM Wealth Management LLC now owns 7,267 shares of the transportation company’s stock valued at $526,000 after buying an additional 158 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Canadian Pacific Kansas City during the fourth quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC raised its holdings in Canadian Pacific Kansas City by 45.6% in the 4th quarter. Venturi Wealth Management LLC now owns 9,113 shares of the transportation company’s stock worth $660,000 after acquiring an additional 2,852 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Company Profile

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.