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Canadian Pacific Kansas City (CP) Scheduled to Post Earnings on Wednesday


Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) will release its earnings data after the market closes on Wednesday, April 24th. Analysts expect Canadian Pacific Kansas City to post earnings of C$0.97 per share for the quarter.

Canadian Pacific Kansas City (TSE:CPGet Free Report) (NYSE:CP) last announced its quarterly earnings results on Tuesday, January 30th. The company reported C$1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.12 by C$0.06. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The company had revenue of C$3.78 billion during the quarter, compared to the consensus estimate of C$3.66 billion.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at C$116.44 on Wednesday. Canadian Pacific Kansas City has a 1 year low of C$94.45 and a 1 year high of C$123.37. The company has a market cap of C$108.59 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 2.32 and a beta of 0.75. The company has a debt-to-equity ratio of 53.85, a quick ratio of 0.42 and a current ratio of 0.53. The firm has a fifty day moving average of C$118.13 and a 200-day moving average of C$107.44.

Canadian Pacific Kansas City Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Wednesday, March 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 18.05%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on CP shares. Stephens boosted their price target on shares of Canadian Pacific Kansas City from C$78.00 to C$83.00 and gave the company an “equal weight” rating in a report on Thursday, January 4th. TD Securities boosted their price target on shares of Canadian Pacific Kansas City from C$110.00 to C$115.00 and gave the company a “hold” rating in a report on Wednesday, January 31st. Barclays boosted their price target on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 in a report on Thursday, April 4th. ATB Capital lifted their price objective on shares of Canadian Pacific Kansas City from C$120.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. Finally, CIBC lifted their price objective on shares of Canadian Pacific Kansas City from C$124.00 to C$130.00 and gave the company an “outperform” rating in a research note on Wednesday, March 27th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$120.25.

View Our Latest Research Report on Canadian Pacific Kansas City

Insiders Place Their Bets

In related news, Senior Officer James Dominic Luther Clements sold 7,828 shares of Canadian Pacific Kansas City stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total value of C$930,859.57. In other Canadian Pacific Kansas City news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$118.91, for a total transaction of C$930,859.57. Also, Senior Officer John Kenneth Brooks sold 27,505 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of C$86.33, for a total transaction of C$2,374,638.67. Over the last three months, insiders have sold 97,758 shares of company stock worth $10,774,715. 0.03% of the stock is owned by corporate insiders.

About Canadian Pacific Kansas City

(Get Free Report)

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.

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Earnings History for Canadian Pacific Kansas City (TSE:CP)



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