Canadian Pacific Kansas City Limited (CP)
| Market Cap | 75.83B |
| Revenue (ttm) | 10.40B |
| Net Income (ttm) | 2.54B |
| Shares Out | 933.13M |
| EPS (ttm) | 2.73 |
| PE Ratio | 29.79 |
| Forward PE | 23.95 |
| Dividend | $0.56 (0.69%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 2,311,736 |
| Open | 81.95 |
| Previous Close | 82.42 |
| Day's Range | 80.99 - 82.25 |
| 52-Week Range | 68.92 - 91.58 |
| Beta | 0.79 |
| Analysts | Buy |
| Price Target | 98.76 (+21.66%) |
| Earnings Date | Oct 23, 2024 |
About CP
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. It also provides rail and intermodal transportation services over a network of approx... [Read more]
Financial Performance
In 2023, Canadian Pacific Railway's revenue was 12.56 billion, an increase of 42.44% compared to the previous year's 8.81 billion. Earnings were 3.93 billion, an increase of 11.66%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CP stock is "Buy." The 12-month stock price forecast is $98.76, which is an increase of 21.66% from the latest price.
News
CPKC to report third-quarter 2024 earnings results on Oct. 23, 2024
CALGARY, AB , Oct. 2, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its third-quarter 2024 financial and operating results after the market close on Oct. 23...
CPKC announces appointment of Arturo Gutiérrez Hernández to board of directors
CALGARY, AB , Sept. 17, 2024 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) announced today the appointment of Arturo Gutiérrez Hernández to the CPKC Board of Director...
CPKC President and CEO Keith Creel to address the Morgan Stanley 12th Annual Laguna Conference
CALGARY, AB , Aug. 28, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel will address the Morgan Stanley 12th Annual Laguna...
CPKC moves to restart rail operations following CIRB order
CALGARY, AB , Aug. 24, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it will restart railway operations in Canada by 00:01 ET on Monday, Aug. 26, following th...
CPKC disappointed by TCRC's decision to dispute Minister's direction to resume railway operations
CALGARY, AB , Aug. 22, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said, following the direction issued by the Canadian Minister of Labour pursuant to section 107 of t...
CPKC prepares to restart railway operations, awaits CIRB order
CALGARY, AB , Aug. 22, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it is preparing to restart railway operations in Canada following the Canadian Minister o...
Canadian National Railways and Canadian Pacific lock out Teamsters union workers
The Teamsters union said on Thursday that Canada's two largest rail companies had locked out their Canadian workers, an unprecedented rail stoppage that could badly damage the economy.
CPKC locks out TCRC employees, moves to full shut down of Canadian rail network
CALGARY, AB , Aug. 22, 2024 /PRNewswire/ -- Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) said today it has locked out employees who are members of the Teamsters Canada Rail Conference (TCR...
Teamsters Canada says it receives notice to withdraw services for Canadian Pacific Kansas City
The Teamsters Union in Canada on Sunday said it has been served a 72-hours notice to withdraw its services for Canadian Pacific Kansas City.
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CPKC to issue TCRC lockout notice for Aug. 22
CALGARY, AB , Aug. 9, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today said it will issue notice to the Teamsters Canada Rail Conference (TCRC) – Train and Engine (T&...
Canadian Pacific: Idiosyncratic Growth Opportunities Should Drive Outperformance
Canadian Pacific Kansas City Limited is well-positioned for growth with revenue synergies from the CP-KCS merger and strong Canadian grain harvest. Q2 2024 revenue growth driven by volume increases in...
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Canadian Pacific Kansas City Limited has shown strong revenue growth and operating improvements in its recent quarterly earnings report. Canadian Pacific's business mix and operational efficiency have...
Canadian Pacific Kansas City Limited (CP) Q2 2024 Earnings Call Transcript
Canadian Pacific Kansas City Limited (NYSE:CP) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Chris de Bruyn - VP, Capital Markets and Treasurer Keith Creel - Presiden...
CPKC's strong second-quarter results demonstrate advantages of North American network; carrying momentum into second half of 2024
CALGARY, AB , July 30, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its second-quarter results, including revenues of $3.6 billion, diluted earnings per...
CPKC mourns the passing of Patrick J. Ottensmeyer
CALGARY, AB , July 29, 2024 /PRNewswire/ - It is with great sadness that Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) mourns the passing of former Kansas City Southern (KCS) President and ...
Canadian Pacific Kansas City Limited declares dividend
CALGARY, AB , July 29, 2024 /PRNewswire/ - The Board of Directors of Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) (CPKC) today declared a quarterly dividend of $0.19 per share on the outs...
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CPKC to report second-quarter 2024 earnings results on July 30, 2024
CALGARY, AB , July 9, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its second-quarter 2024 financial and operating results after the market close on July 3...
Canadian Pacific: Nearshoring Trends, Capacity Expansion, And Market Share Gains Can Drive Upside
CPKC is poised for multiyear growth post-merger, benefiting from revenue synergies, nearshoring trends, and market share gains. Margin outlook is positive with operating leverage, pricing improvements...
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Update on TCRC collective bargaining negotiations
CALGARY, AB , May 16, 2024 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today published the following update on collective bargaining with the Teamsters Canada Rail Conferen...
Canada moves to push back start date for possible rail strike
The Canadian government is moving to push back the start of a possible strike by railway workers at Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), an official said on Friday.