FY2024 EPS Estimates for TSE:CP Lowered by Raymond James

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Analysts at Raymond James reduced their FY2024 earnings per share estimates for Canadian Pacific Kansas City in a report released on Monday, January 27th. Raymond James analyst S. Hansen now expects that the company will earn $4.21 per share for the year, down from their prior forecast of $4.25. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.34 per share. Raymond James also issued estimates for Canadian Pacific Kansas City’s Q1 2025 earnings at $1.19 EPS, Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $1.39 EPS, FY2025 earnings at $4.95 EPS and FY2026 earnings at $5.65 EPS.

A number of other research firms have also commented on CP. JPMorgan Chase & Co. upped their price objective on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. National Bankshares raised their target price on Canadian Pacific Kansas City from C$107.00 to C$119.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Desjardins boosted their price target on Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the company a “buy” rating in a research note on Thursday. ATB Capital increased their price target on Canadian Pacific Kansas City from C$129.00 to C$130.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Sanford C. Bernstein lowered their price objective on shares of Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. Three equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$124.07.

Canadian Pacific Kansas City Trading Up 1.7 %

TSE CP opened at C$115.62 on Wednesday. The firm has a market capitalization of C$107.89 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The business’s 50-day moving average price is C$107.39 and its two-hundred day moving average price is C$109.87. The company has a current ratio of 0.51, a quick ratio of 0.42 and a debt-to-equity ratio of 50.47. Canadian Pacific Kansas City has a 12 month low of C$101.76 and a 12 month high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.66%. Canadian Pacific Kansas City’s dividend payout ratio is presently 20.38%.

Insider Activity at Canadian Pacific Kansas City

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the business’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$104.91, for a total transaction of C$5,426,615.01. Also, Senior Officer Maeghan Dawn Albiston sold 2,900 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of C$106.10, for a total transaction of C$307,694.64. In the last quarter, insiders have sold 70,284 shares of company stock valued at $7,398,669. 0.03% of the stock is owned by corporate insiders.

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.