Research Analysts Offer Predictions for TSE:CP Q4 Earnings

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Investment analysts at National Bank Financial boosted their Q4 2024 EPS estimates for shares of Canadian Pacific Kansas City in a research note issued on Wednesday, October 23rd. National Bank Financial analyst C. Doerksen now forecasts that the company will earn $1.30 per share for the quarter, up from their prior forecast of $1.28. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.34 per share. National Bank Financial also issued estimates for Canadian Pacific Kansas City’s FY2025 earnings at $5.16 EPS.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share for the quarter, topping analysts’ consensus estimates of C$1.01 by C$0.04. Canadian Pacific Kansas City had a return on equity of 8.10% and a net margin of 24.46%. The business had revenue of C$3.60 billion for the quarter, compared to the consensus estimate of C$3.55 billion.

A number of other brokerages have also commented on CP. Royal Bank of Canada cut their target price on Canadian Pacific Kansas City from C$137.00 to C$134.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. ATB Capital raised their price objective on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Scotiabank raised shares of Canadian Pacific Kansas City from a “sector perform” rating to an “outperform” rating and upped their target price for the company from C$124.00 to C$130.00 in a research note on Wednesday, July 10th. TD Securities raised their price target on shares of Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a “hold” rating in a research note on Wednesday, July 31st. Finally, Sanford C. Bernstein lowered their price objective on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus target price of C$121.43.

Canadian Pacific Kansas City Trading Up 0.4 %

Canadian Pacific Kansas City stock opened at C$108.66 on Monday. Canadian Pacific Kansas City has a 12 month low of C$94.45 and a 12 month high of C$123.37. The stock has a market cap of C$101.39 billion, a price-to-earnings ratio of 29.13, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. The business has a 50 day moving average price of C$112.47 and a two-hundred day moving average price of C$111.31. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47.

Insider Buying and Selling

In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of C$79.71, for a total transaction of C$436,796.55. In other news, Senior Officer Laird Joseph Pitz sold 5,480 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total transaction of C$436,796.55. Also, Senior Officer John Kenneth Brooks sold 21,700 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of C$112.01, for a total value of C$2,430,629.59. 0.03% of the stock is owned by corporate insiders.

Canadian Pacific Kansas City Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 27th will be issued a $0.19 dividend. The ex-dividend date is Friday, December 27th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.70%. Canadian Pacific Kansas City’s dividend payout ratio is 20.38%.

About Canadian Pacific Kansas City

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.