Canadian Pacific Kansas City Limited (TSE:CP – Get Free Report) (NYSE:CP) announced a quarterly dividend on Wednesday, October 23rd, RTT News reports. Investors of record on Friday, December 27th will be paid a dividend of 0.19 per share on Monday, January 27th. This represents a $0.76 annualized dividend and a yield of 0.69%.
Canadian Pacific Kansas City Stock Down 0.3 %
TSE:CP traded down C$0.30 during trading hours on Wednesday, hitting C$109.74. 327,114 shares of the company traded hands, compared to its average volume of 1,300,507. The company has a quick ratio of 0.42, a current ratio of 0.51 and a debt-to-equity ratio of 50.47. The company has a market cap of C$102.40 billion, a PE ratio of 29.42, a PEG ratio of 2.32 and a beta of 0.79. The firm’s 50-day simple moving average is C$112.31 and its 200-day simple moving average is C$111.67. Canadian Pacific Kansas City has a one year low of C$94.45 and a one year high of C$123.37.
Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) last released its quarterly earnings results on Tuesday, July 30th. The company reported C$1.05 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.01 by C$0.04. Canadian Pacific Kansas City had a net margin of 24.46% and a return on equity of 8.10%. The company had revenue of C$3.60 billion for the quarter, compared to analyst estimates of C$3.55 billion. Equities analysts predict that Canadian Pacific Kansas City will post 4.3438583 earnings per share for the current year.
Insider Transactions at Canadian Pacific Kansas City
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on CP. TD Securities boosted their target price on Canadian Pacific Kansas City from C$115.00 to C$120.00 and gave the stock a “hold” rating in a research note on Wednesday, July 31st. National Bankshares set a C$119.00 price objective on Canadian Pacific Kansas City and gave the stock a “sector perform” rating in a research report on Thursday, June 27th. Sanford C. Bernstein lowered their target price on Canadian Pacific Kansas City from C$126.00 to C$125.00 in a research note on Wednesday, October 9th. ATB Capital increased their price target on shares of Canadian Pacific Kansas City from C$130.00 to C$133.00 and gave the company an “outperform” rating in a research report on Wednesday, July 31st. Finally, Citigroup set a C$97.00 price objective on shares of Canadian Pacific Kansas City and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and a consensus target price of C$121.13.
Get Our Latest Stock Report on CP
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.
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