Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) – Investment analysts at National Bank Financial dropped their Q1 2018 earnings estimates for Canadian Pacific Railway Limited in a report released on Tuesday. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings of $2.78 per share for the quarter, down from their prior forecast of $2.91. National Bank Financial currently has a “Sector Perform” rating and a $207.00 target price on the stock. National Bank Financial also issued estimates for Canadian Pacific Railway Limited’s Q2 2018 earnings at $2.95 EPS and Q4 2018 earnings at $3.40 EPS.

Canadian Pacific Railway Limited (TSE:CP) (NYSE:CP) last released its quarterly earnings data on Wednesday, July 19th. The company reported C$2.77 earnings per share for the quarter, topping the consensus estimate of C$2.69 by C$0.08. Canadian Pacific Railway Limited had a return on equity of 37.13% and a net margin of 29.21%. The business had revenue of C$1.64 billion during the quarter, compared to analysts’ expectations of C$1.62 billion.

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CP has been the subject of a number of other research reports. Royal Bank Of Canada boosted their price target on Canadian Pacific Railway Limited from C$227.00 to C$229.00 and gave the company an “outperform” rating in a report on Thursday, July 20th. Scotiabank boosted their price target on Canadian Pacific Railway Limited from C$220.00 to C$225.00 and gave the company an “outperform” rating in a report on Thursday, July 20th. Finally, CIBC boosted their price target on Canadian Pacific Railway Limited from C$220.00 to C$222.00 in a report on Thursday, July 6th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Canadian Pacific Railway Limited currently has an average rating of “Buy” and an average target price of C$214.54.

Shares of Canadian Pacific Railway Limited (TSE:CP) traded down 0.53% on Friday, hitting $192.72. The stock had a trading volume of 816,776 shares. Canadian Pacific Railway Limited has a 52-week low of $186.21 and a 52-week high of $218.78. The company has a market cap of $28.15 billion and a P/E ratio of 17.29. The company has a 50-day moving average of $194.12 and a 200-day moving average of $202.64.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 30th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.5625 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.25 dividend on an annualized basis and a yield of 1.16%.

In other news, insider Steven Nettleton sold 436 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of C$155.68, for a total transaction of C$67,876.48. Also, insider Laird Joseph Pitz sold 609 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of C$157.51, for a total value of C$95,923.59. In the last 90 days, insiders have sold 1,250 shares of company stock valued at $197,881.

Canadian Pacific Railway Limited 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.

Earnings History and Estimates for Canadian Pacific Railway Limited (TSE:CP)

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