Canadian Pacific Railway Limited (CP)
Market Cap | 69.51B |
Revenue (ttm) | 8.33B |
Net Income (ttm) | 3.09B |
Shares Out | 931.79M |
EPS (ttm) | 3.30 |
PE Ratio | 22.42 |
Forward PE | 16.39 |
Dividend | $0.55 (0.74%) |
Ex-Dividend Date | Dec 28, 2023 |
Volume | 569,610 |
Open | 74.28 |
Previous Close | 74.60 |
Day's Range | 73.57 - 74.39 |
52-Week Range | 68.92 - 85.40 |
Beta | 0.83 |
Analysts | Buy |
Price Target | 92.80 (+25.32%) |
Earnings Date | Jan 30, 2024 |
About CP
Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; and merchandise freight, such as energy, chemicals and plastics, metals, minerals and consumer, automotive, and forest products. It transports intermodal traffic comprising retail goods in overseas containers. The company offers rail and intermodal transportation services through a network of ap... [Read more]
Financial Performance
In 2022, CP's revenue was 8.81 billion, an increase of 10.24% compared to the previous year's 8.00 billion. Earnings were 3.52 billion, an increase of 23.32%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for CP stock is "Buy." The 12-month stock price forecast is $92.8, which is an increase of 25.32% from the latest price.
News

CPKC statement on Mexican Federal Government draft decree on passenger service
CALGARY, BC, Nov. 17, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today issued the following statement on the draft decree concerning passenger rail service in Mexico ...

CPKC places follow-on order for 2.4 MW of Ballard fuel cell engines for active service locomotives
VANCOUVER, BC , Nov. 6, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for 2.4 MW of additional fuel cell engines from Canadian Pacific Kansa...

CPKC Executive Vice-President and Chief Financial Officer to address the Stephens Annual Investment Conference on Nov. 15, 2023
CALGARY, AB , Nov. 1, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) Executive Vice-President and Chief Financial Officer Nadeem Velani will address the Stephens Annual I...

CPKC Executive Vice-President and Chief Marketing Officer and CPKC Executive Vice-President and Chief Operating Officer to address the 23rd Annual Scotiabank Transportation & Industrials Conference on Nov. 14, 2023
CALGARY, AB , Oct. 31, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) Executive Vice-President and Chief Marketing Officer John Brooks and Executive Vice-President and Ch...

CPKC reports third-quarter results
CALGARY, AB , Oct. 25, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its third-quarter results, including revenues of $3.3 billion, diluted earnings per ...

Canadian Pacific Kansas City Limited declares dividend
CALGARY, AB , Oct. 25, 2023 /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...

CPKC to report third-quarter 2023 earnings results on Oct. 25, 2023
CALGARY, AB , Oct. 4, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its third-quarter 2023 financial and operating results after the market close on Oct. 25...

3 Undervalued Stocks in Bill Ackman's Portfolio
Billionaire investor Bill Ackman (Trades, Portfolio), head of Pershing Square Capital Management, is known for taking large positions in a handful of underperforming companies and pushing for change i...

CPKC President and Chief Executive Officer to address the Morgan Stanley 11th Annual Laguna Conference on Sept. 13, 2023
CALGARY, AB , Aug. 31, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) President and Chief Executive Officer Keith Creel will address the Morgan Stanley 11th Annual Laguna...

Canadian Pacific is sued over missed deadline tied to KC Southern merger
Canadian Pacific Kansas City , formed in April when Canadian Pacific Railway merged with Kansas City Southern, has been sued by bondholders for failing to repay more than $1 billion after missing a de...

CPKC publishes annual Grain Service Outlook Report
CALGARY, AB , July 31, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today published its 2023-2024 Grain Service Outlook Report, which outlines the company's plan to saf...

CPKC reports second-quarter results; focused on delivering on benefits of new combined network
CALGARY, AB , July 27, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its second-quarter results, including revenues of $3.2 billion, diluted earnings per...

Canadian Pacific Kansas City places order for 3.6MW of Ballard fuel cells for expansion of Hydrogen Locomotive Program
VANCOUVER, BC , July 27, 2023 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) announced today it received an order for additional fuel cell engines from Canadian Pacific Kansas City ("...

CPKC's Final Spike Steam Tour to mark one-year anniversary of railway's creation
CALGARY, AB , July 18, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced the 2816 Empress steam locomotive will travel from Canada, through the U.S. and into...

CPKC to report second-quarter 2023 earnings results on July 27, 2023
CALGARY, AB , July 7, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) will release its second-quarter 2023 financial and operating results after the market close on July 2...

CPKC to outline unique advantages of combined network and growth outlook at 2023 Investor Day; provides multi-year guidance
CALGARY, AB , June 28, 2023 /PRNewswire/ - As part of its 2023 Investor Day, Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today issued new multi-year guidance and unveiled the next chapter...

Railroads reach agreement to create new direct connection and corridor linking Mexico, Texas and the U.S. Southeast
CALGARY, AB and JACKSONVILLE, Fla. , June 28, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), CSX Corporation (NASDAQ: CSX) (CSX) and Genesee & Wyoming Inc. (G&W) today a...

Richardson announces plans to expand eight elevators in Canada on the CPKC network
CALGARY, AB and WINNIPEG, MB , June 26, 2023 /PRNewswire/ - Richardson International Limited (Richardson) and Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced today that Richardson p...

Rail Stocks Have Had a Rough Ride. Why the Catch-Up May Be Here.
Evercore ISI's Jonathan Chappell argues that by 2024 the major rails should be outperforming. That includes even Norfolk Southern, with its derailment issues.

CPKC publishes 2022 sustainability data report
CALGARY, AB , June 23, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today published its 2022 Sustainability Data Report, providing highlights of the individual sustaina...

CPKC and CSX announce planned collaboration to develop additional hydrogen locomotives
CALGARY, AB and JACKSONVILLE, Fla. , June 22, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and CSX Corporation (NASDAQ: CSX) (CSX) today announced their intent to enter...

CPKC and Americold establish strategic collaboration to optimize temperature-controlled logistics across North America
CALGARY, AB , June 21, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) and Americold Realty Trust, Inc. (NYSE: COLD) today announced a strategic collaboration to co-locate...

Railroad Stocks Look Ready to Roll Again, Says Analyst
After years outperforming the market, freight-rail stocks Norfolk Southern, Union Pacific, Canadian National, Canadian Pacific, and CSX have stalled. The engine could start up again.

CPKC launches carbon emissions calculator for its combined network
CALGARY, AB , June 20, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today launched an updated carbon emissions calculator for its combined rail network in Canada, the U...

CPKC announces Investor Day webcast
CALGARY, AB , June 16, 2023 /PRNewswire/ - Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) announced today that it will webcast its Investor Day presentations in Kansas City on June 28, 2023....