Canadian Pacific Railway (TSE:CP) (NYSE:CP) will release its earnings data after the market closes on Thursday, January 18th. Analysts expect Canadian Pacific Railway to post earnings of C$3.24 per share for the quarter.
Canadian Pacific Railway (TSE CP) opened at C$225.52 on Thursday. Canadian Pacific Railway has a one year low of C$188.36 and a one year high of C$234.97. The firm has a market cap of $32,820.00, a P/E ratio of 18.33 and a beta of 0.84.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 29th. Investors of record on Friday, December 29th will be paid a dividend of $0.5625 per share. This represents a $2.25 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, December 28th. Canadian Pacific Railway’s payout ratio is 17.28%.
Several research firms recently weighed in on CP. CIBC lifted their price objective on shares of Canadian Pacific Railway from C$233.00 to C$255.00 in a research note on Thursday, January 4th. National Bank Financial lifted their price objective on shares of Canadian Pacific Railway from C$226.00 to C$244.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 13th. BMO Capital Markets lifted their price objective on shares of Canadian Pacific Railway from C$245.00 to C$250.00 in a research note on Friday, December 1st. Raymond James Financial lifted their price objective on shares of Canadian Pacific Railway from C$230.00 to C$245.00 in a research note on Thursday, October 19th. Finally, Desjardins lifted their price target on shares of Canadian Pacific Railway from C$230.00 to C$254.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Canadian Pacific Railway presently has a consensus rating of “Buy” and a consensus price target of C$234.42.
In other news, insider John Kenneth Brooks sold 600 shares of Canadian Pacific Railway stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of C$229.35, for a total value of C$137,610.00.
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Canadian Pacific Railway Company Profile
Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company’s transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 12,400 miles.
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