Canadian Pacific Kansas City Limited (TSE:CP – Free Report) (NYSE:CP) – Raymond James dropped their Q3 2024 earnings per share (EPS) estimates for Canadian Pacific Kansas City in a research report issued to clients and investors on Wednesday, October 16th. Raymond James analyst S. Hansen now expects that the company will earn $1.01 per share for the quarter, down from their previous forecast of $1.05. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $4.34 per share. Raymond James also issued estimates for Canadian Pacific Kansas City’s FY2024 earnings at $4.25 EPS and FY2025 earnings at $5.10 EPS.
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last announced its earnings results on Tuesday, July 30th. The company reported C$1.05 EPS for the quarter, beating analysts’ consensus estimates of C$1.01 by C$0.04. The firm had revenue of C$3.60 billion for the quarter, compared to analysts’ expectations of C$3.55 billion. Canadian Pacific Kansas City had a net margin of 24.46% and a return on equity of 8.10%.
Get Our Latest Research Report on Canadian Pacific Kansas City
Canadian Pacific Kansas City Trading Down 0.6 %
TSE:CP opened at C$112.05 on Friday. The firm has a market capitalization of C$104.56 billion, a P/E ratio of 30.04, a PEG ratio of 2.32 and a beta of 0.79. The company has a debt-to-equity ratio of 50.47, a current ratio of 0.51 and a quick ratio of 0.42. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37. The company’s 50-day simple moving average is C$112.18 and its 200 day simple moving average is C$111.81.
Insiders Place Their Bets
In other news, Senior Officer John Kenneth Brooks sold 21,700 shares of the stock in a transaction that occurred on 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. In related news, Senior Officer John Kenneth Brooks sold 21,700 shares of Canadian Pacific Kansas City stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of C$112.01, for a total transaction of C$2,430,629.59. Also, Senior Officer Laird Joseph Pitz sold 5,480 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of C$79.71, for a total value of C$436,796.55. 0.03% of the stock is currently owned by insiders.
Canadian Pacific Kansas City Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, October 28th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend was Friday, September 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 20.38%.
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.
See Also
- Five stocks we like better than Canadian Pacific Kansas City
- What is the Hang Seng index?
- AI Boom Fuels Demand for Dominion Energy Stock
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Cathie Wood Cuts Robinhood Holdings—Follow Her Lead or Stay Put?
- How to Invest in Biotech Stocks
- Wave Life Sciences Rockets 70% on Historic RNA Editing Success
Receive News & Ratings for Canadian Pacific Kansas City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Pacific Kansas City and related companies with MarketBeat.com's FREE daily email newsletter.