Canadian Pacific Kansas City (TSE:CP – Get Free Report) (NYSE:CP) posted its quarterly earnings results on Wednesday. The company reported C$0.93 EPS for the quarter, missing the consensus estimate of C$0.95 by C($0.02), reports. Canadian Pacific Kansas City had a net margin of 31.28% and a return on equity of 9.65%. The business had revenue of C$3.52 billion during the quarter, compared to analysts’ expectations of C$3.52 billion.
Canadian Pacific Kansas City Trading Down 0.1 %
Shares of Canadian Pacific Kansas City stock opened at C$112.14 on Friday. The firm has a market capitalization of C$104.58 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 2.32 and a beta of 0.75. Canadian Pacific Kansas City has a fifty-two week low of C$94.45 and a fifty-two week high of C$123.37. The company has a debt-to-equity ratio of 53.85, a quick ratio of 0.42 and a current ratio of 0.53. The stock has a 50 day moving average of C$118.31 and a 200 day moving average of C$108.10.
Canadian Pacific Kansas City Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 29th. Investors of record on Friday, June 28th will be given a $0.19 dividend. The ex-dividend date is Friday, June 28th. This represents a $0.76 annualized dividend and a yield of 0.68%. Canadian Pacific Kansas City’s payout ratio is 18.05%.
Wall Street Analyst Weigh In
View Our Latest Analysis on CP
Insider Buying and Selling
In related news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total value of C$930,859.57. In other news, Senior Officer James Dominic Luther Clements sold 7,828 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of C$118.91, for a total transaction of C$930,859.57. Also, Senior Officer Nadeem Velani sold 1,500 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of C$122.15, for a total value of C$183,225.00. Over the last three months, insiders sold 97,758 shares of company stock worth $10,774,715. Company insiders own 0.03% of the company’s stock.
Canadian Pacific Kansas City Company Profile
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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