National Bank Financial Forecasts TSE:CP Q4 Earnings

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) – Stock analysts at National Bank Financial reduced their Q4 2024 earnings estimates for Canadian Pacific Kansas City in a research note issued on Tuesday, December 3rd. National Bank Financial analyst C. Doerksen now expects that the company will post earnings per share of $1.27 for the quarter, down from their previous estimate of $1.30. 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 $4.97 EPS.

Several other research firms have also recently weighed in on CP. Sanford C. Bernstein dropped their price objective on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a report on Wednesday, October 9th. Desjardins reduced their price objective on shares of Canadian Pacific Kansas City from C$132.00 to C$131.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. ATB Capital raised their target price on shares of Canadian Pacific Kansas City from C$133.00 to C$134.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Citigroup set a C$97.00 price target on shares of Canadian Pacific Kansas City and gave the company a “buy” rating in a research report on Wednesday, October 9th. Finally, Susquehanna upgraded shares of Canadian Pacific Kansas City from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 24th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$121.43.

Canadian Pacific Kansas City Price Performance

CP stock opened at C$106.61 on Friday. The stock has a market capitalization of C$99.48 billion, a price-to-earnings ratio of 28.58, a PEG ratio of 2.32 and a beta of 0.79. The firm’s 50-day moving average price is C$109.14 and its two-hundred day moving average price is C$109.93. 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$97.93 and a 12-month high of C$123.37.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Friday, December 27th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, December 27th. Canadian Pacific Kansas City’s dividend payout ratio is presently 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.