Canadian Pacific Kansas City Limited (CP) To Go Ex-Dividend on March 27th

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) declared a quarterly dividend on Friday, March 27th, TickerTech Dividends reports. Shareholders of record on Monday, April 27th will be given a dividend of 0.228 per share on Monday, April 27th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 27th.

Canadian Pacific Kansas City Price Performance

CP traded down C$0.10 during midday trading on Wednesday, hitting C$108.99. 328,636 shares of the company traded hands, compared to its average volume of 1,667,364. The business has a 50 day simple moving average of C$109.63 and a two-hundred day simple moving average of C$105.02. Canadian Pacific Kansas City has a 52-week low of C$94.60 and a 52-week high of C$122.25. The company has a market capitalization of C$97.87 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 2.32 and a beta of 1.14. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 50.54.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last released its earnings results on Wednesday, January 28th. The company reported C$1.33 EPS for the quarter. The business had revenue of C$3.92 billion during the quarter. Canadian Pacific Kansas City had a net margin of 27.46% and a return on equity of 8.90%. On average, equities analysts forecast that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Scotiabank boosted their price objective on Canadian Pacific Kansas City from C$119.00 to C$124.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 21st. BMO Capital Markets lifted their price target on Canadian Pacific Kansas City from C$126.00 to C$132.00 in a research note on Thursday, February 19th. Desjardins set a C$130.00 price target on Canadian Pacific Kansas City and gave the stock a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada reduced their price objective on Canadian Pacific Kansas City from C$127.00 to C$124.00 and set an “outperform” rating for the company in a research note on Thursday, January 29th. Finally, Citigroup decreased their price objective on Canadian Pacific Kansas City from C$88.00 to C$86.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$119.57.

Canadian Pacific Kansas City Company Profile

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.