Canadian Pacific Kansas City Limited (TSE:CP – Get Free Report) (NYSE:CP) hit a new 52-week high on Wednesday . The stock traded as high as C$126.95 and last traded at C$125.63, with a volume of 344738 shares. The stock had previously closed at C$124.79.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on CP. National Bank Financial raised their price target on Canadian Pacific Kansas City from C$119.00 to C$125.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. TD lifted their target price on Canadian Pacific Kansas City from C$112.00 to C$117.00 and gave the stock a “hold” rating in a report on Monday, April 13th. JPMorgan Chase & Co. lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$133.00 in a report on Thursday, April 30th. Royal Bank Of Canada decreased their target price on Canadian Pacific Kansas City from C$128.00 to C$127.00 and set an “outperform” rating for the company in a report on Thursday, April 30th. Finally, Raymond James Financial lifted their target price on Canadian Pacific Kansas City from C$120.00 to C$125.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$123.07.
Get Our Latest Analysis on Canadian Pacific Kansas City
Canadian Pacific Kansas City Price Performance
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$1.04 earnings per share (EPS) for the quarter. Canadian Pacific Kansas City had a return on equity of 8.78% and a net margin of 27.03%.The company had revenue of C$3.70 billion during the quarter. On average, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 4.3438583 EPS for the current year.
Canadian Pacific Kansas City Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, April 27th were issued a $0.228 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.91 dividend on an annualized basis and a yield of 0.7%. Canadian Pacific Kansas City’s payout ratio is presently 20.36%.
Insider Buying and Selling
In related news, Director Katharine Berghuis Stevenson purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was bought at an average cost of C$118.37 per share, with a total value of C$118,370.00. Following the completion of the acquisition, the director owned 3,000 shares of the company’s stock, valued at C$355,110. The trade was a 50.00% increase in their position. Also, insider John Kenneth Brooks sold 65,130 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of C$122.24, for a total value of C$7,961,491.20. Over the last three months, insiders sold 74,835 shares of company stock valued at $9,173,894. Insiders own 0.03% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Canadian Pacific Kansas City
- Motorola’s $1.5B Bet to Own the Skies
- AI’s Power Crunch Is Putting Uranium Energy Back on Investors’ Watchlists
- What IBM’s $10-Billion Quantum Project Means For Smaller Players
- HIVE Earnings Highlight AI Ambitions Beyond Bitcoin Mining
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.
