FY2028 Earnings Forecast for Canadian Pacific Kansas City Limited (NYSE:CP) Issued By Desjardins

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) – Equities research analysts at Desjardins increased their FY2028 earnings per share (EPS) estimates for shares of Canadian Pacific Kansas City in a research report issued on Wednesday, April 24th. Desjardins analyst B. Poirier now forecasts that the transportation company will post earnings of $5.61 per share for the year, up from their previous forecast of $5.60. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $3.16 per share.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its earnings results on Wednesday, April 24th. The transportation company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.01). Canadian Pacific Kansas City had a net margin of 28.27% and a return on equity of 8.48%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.59 billion.

Several other equities analysts also recently weighed in on CP. Susquehanna Bancshares downgraded shares of Canadian Pacific Kansas City from a “positive” rating to a “neutral” rating and decreased their price target for the stock from $90.00 to $87.00 in a research note on Monday, January 8th. Bank of America reduced their price objective on Canadian Pacific Kansas City from $97.00 to $92.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. Stifel Nicolaus dropped their target price on Canadian Pacific Kansas City from $83.00 to $82.00 and set a “hold” rating for the company in a report on Thursday, April 25th. Susquehanna dropped their price target on shares of Canadian Pacific Kansas City from $84.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, April 25th. Finally, Evercore cut their price target on shares of Canadian Pacific Kansas City from $90.00 to $89.00 and set an “outperform” rating for the company in a report on Thursday, April 25th. Twelve equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, Canadian Pacific Kansas City currently has an average rating of “Moderate Buy” and an average target price of $96.42.

Canadian Pacific Kansas City Trading Down 3.0 %

Shares of Canadian Pacific Kansas City stock opened at $78.43 on Monday. The firm has a market capitalization of $73.15 billion, a PE ratio of 25.14, a P/E/G ratio of 2.31 and a beta of 0.94. The firm’s 50-day moving average price is $86.82 and its 200 day moving average price is $80.00. Canadian Pacific Kansas City has a twelve month low of $68.92 and a twelve month high of $91.58. The company has a current ratio of 0.49, a quick ratio of 0.43 and a debt-to-equity ratio of 0.43.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Sands Capital Management LLC purchased a new stake in shares of Canadian Pacific Kansas City in the 3rd quarter worth about $31,000. Anchor Investment Management LLC acquired a new position in shares of Canadian Pacific Kansas City during the 4th quarter valued at $40,000. Independence Bank of Kentucky acquired a new stake in Canadian Pacific Kansas City in the 4th quarter valued at $43,000. McGlone Suttner Wealth Management Inc. purchased a new position in Canadian Pacific Kansas City in the fourth quarter valued at about $45,000. Finally, Rational Advisors LLC acquired a new position in shares of Canadian Pacific Kansas City during the first quarter worth about $52,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Stockholders of record on Friday, June 28th will be issued a $0.141 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.72%. Canadian Pacific Kansas City’s payout ratio is currently 17.95%.

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.