Research Analysts Offer Predictions for CP Q4 Earnings

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) – Analysts at Atb Cap Markets dropped their Q4 2024 earnings per share (EPS) estimates for Canadian Pacific Kansas City in a report issued on Wednesday, October 23rd. Atb Cap Markets analyst C. Murray now anticipates that the transportation company will post earnings of $0.91 per share for the quarter, down from their previous forecast of $0.95. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $3.20 per share. Atb Cap Markets also issued estimates for Canadian Pacific Kansas City’s Q1 2025 earnings at $0.78 EPS, Q4 2025 earnings at $1.09 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $1.06 EPS and FY2026 earnings at $4.25 EPS.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.02). The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.59 billion. Canadian Pacific Kansas City had a net margin of 24.45% and a return on equity of 8.77%. Canadian Pacific Kansas City’s revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 earnings per share.

Several other research analysts have also commented on CP. Stifel Nicolaus decreased their price target on shares of Canadian Pacific Kansas City from $83.00 to $82.00 and set a “hold” rating for the company in a report on Friday, October 11th. Citigroup lifted their target price on Canadian Pacific Kansas City from $97.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday. Susquehanna upgraded Canadian Pacific Kansas City from a “neutral” rating to a “positive” rating and reduced their price objective for the company from $94.00 to $92.00 in a research report on Thursday. Bank of America dropped their target price on Canadian Pacific Kansas City from $94.00 to $91.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Sanford C. Bernstein cut their target price on Canadian Pacific Kansas City from $91.98 to $91.25 and set a “market perform” rating on the stock in a research note on Wednesday, October 9th. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $97.78.

Canadian Pacific Kansas City Stock Performance

Canadian Pacific Kansas City stock opened at $78.50 on Friday. The company has a market cap of $73.24 billion, a PE ratio of 25.16, a P/E/G ratio of 2.21 and a beta of 0.96. Canadian Pacific Kansas City has a 12 month low of $68.92 and a 12 month high of $91.58. The company has a fifty day moving average price of $82.92 and a two-hundred day moving average price of $81.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.51 and a quick ratio of 0.44.

Institutional Trading of Canadian Pacific Kansas City

A number of hedge funds and other institutional investors have recently modified their holdings of CP. Brookstone Capital Management lifted its stake in Canadian Pacific Kansas City by 55.0% during the first quarter. Brookstone Capital Management now owns 14,959 shares of the transportation company’s stock valued at $1,319,000 after purchasing an additional 5,308 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in shares of Canadian Pacific Kansas City by 358.8% during the first quarter. Wealthcare Advisory Partners LLC now owns 24,921 shares of the transportation company’s stock valued at $2,197,000 after purchasing an additional 19,489 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Canadian Pacific Kansas City by 42.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 80,748 shares of the transportation company’s stock valued at $7,120,000 after purchasing an additional 24,063 shares during the period. Independence Bank of Kentucky increased its stake in Canadian Pacific Kansas City by 70.9% in the 1st quarter. Independence Bank of Kentucky now owns 940 shares of the transportation company’s stock worth $83,000 after purchasing an additional 390 shares in the last quarter. Finally, Blue Zone Wealth Advisors LLC acquired a new stake in Canadian Pacific Kansas City during the 1st quarter worth about $4,160,000. Institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Increases Dividend

The company 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 dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, December 27th. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a dividend yield of 0.71%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 17.31%.

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.