Raymond James Has Negative Outlook of TSE:CP Q4 Earnings

Canadian Pacific Kansas City Limited (TSE:CP - Free Report) NYSE: CP - Investment analysts at Raymond James reduced their Q4 2024 EPS estimates for Canadian Pacific Kansas City in a research report issued to clients and investors on Monday, January 27th. Raymond James analyst S. Hansen now anticipates that the company will post earnings per share of $1.24 for the quarter, down from their prior forecast of $1.29. The consensus estimate for Canadian Pacific Kansas City's current full-year earnings is $4.34 per share.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Canadian Pacific Kansas City from C$136.00 to C$137.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 8th. Susquehanna upgraded Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 24th. Scotiabank dropped their target price on Canadian Pacific Kansas City from C$130.00 to C$128.00 in a research report on Thursday. Wolfe Research raised Canadian Pacific Kansas City from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. Finally, Citigroup set a C$97.00 price target on shares of Canadian Pacific Kansas City and gave the stock a "buy" rating in a research note on Wednesday, October 9th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$124.07.

Canadian Pacific Kansas City Price Performance

Shares of TSE:CP traded up C$1.90 during trading on Thursday, reaching C$115.54. The company had a trading volume of 1,672,619 shares, compared to its average volume of 1,331,590. The company has a fifty day moving average of C$107.39 and a two-hundred day moving average of 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. The stock has a market capitalization of C$107.81 billion, a P/E ratio of 30.98, a price-to-earnings-growth ratio of 2.32 and a beta of 0.79. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be given 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 currently 20.38%.

Insider Activity

In related news, Senior Officer Keith E. Creel sold 51,727 shares of the company's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of C$104.91, for a total value of C$5,426,615.01. Also, Senior Officer James Dominic Luther Clements sold 15,657 shares of the stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of C$106.30, for a total value of C$1,664,359.45. Over the last three months, insiders have sold 70,284 shares of company stock valued at $7,398,669. Company insiders own 0.03% of the company's stock.

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.