Canadian Pacific Railway Limited (CP)

NYSE: CP · IEX Real-Time Price · USD
74.05
-0.55 (-0.74%)
Dec 5, 2023, 10:51 AM EST - Market open
-0.74%
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]

Industry Railroads
Sector Industrials
Founded 1881
Employees 12,754
Stock Exchange NYSE
Ticker Symbol CP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$92.8
(25.32% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

18 days ago - PRNewsWire

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...

Other symbols: BLDP
4 weeks ago - PRNewsWire

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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 ...

5 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

Other symbols: GOOGLOWGOOGL
2 months ago - GuruFocus

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...

3 months ago - PRNewsWire

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...

4 months ago - Reuters

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ("...

Other symbols: BLDP
4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: CSX
5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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.

Other symbols: CNICSXUNP
5 months ago - Barrons

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...

5 months ago - PRNewsWire

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...

Other symbols: CSX
5 months ago - PRNewsWire

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...

Other symbols: COLD
5 months ago - PRNewsWire

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.

Other symbols: CNICSXNSCUNP
5 months ago - Barrons

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...

6 months ago - PRNewsWire

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....

6 months ago - PRNewsWire