CP - Canadian Pacific Railway Limited
Chart Events
Commodity Channel Index
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 249.65 |
| Open | 249.93 |
| Bid | 248.30 x 800 |
| Ask | 248.72 x 1200 |
| Day's Range | 247.61 - 250.14 |
| 52 Week Range | 173.26 - 275.13 |
| Volume | 39,322 |
| Avg. Volume | 622,647 |
| Market Cap | 33.562B |
| Beta (5Y Monthly) | 0.81 |
| PE Ratio (TTM) | 19.89 |
| EPS (TTM) | 12.46 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.36 (0.94%) |
| Ex-Dividend Date | Jun 25, 2020 |
| 1y Target Est | 237.03 |
Fair Value
Related Research
- Analyst Report: Canadian Pacific Railway Ltd
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Is Canadian Pacific Railway Limited (TSE:CP) Potentially Undervalued?
Let's talk about the popular Canadian Pacific Railway Limited (TSE:CP). The company's shares saw a significant share...
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CP's Executive Vice-President and Chief Financial Officer to address UBS Global Industrials and Transportation Conference on June 3, 2020
Canadian Pacific's (TSX: CP) (NYSE: CP) Executive Vice-President and Chief Financial Officer, Mr. Nadeem Velani, will address the UBS Global Industrials and Transportation Conference on June 3, 2020, at 2:10 p.m. ET.
- Investor's Business Daily
Canadian Pacific Stock Rises Amid Record Grain Shipments This Year Despite Covid-19
A Relative Strength Rating upgrade for Canadian Pacific Railway shows improving technical performance. Will it continue?
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Why Is Canadian Pacific (CP) Up 8.4% Since Last Earnings Report?
Canadian Pacific (CP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Benzinga
Rail Meets Regulatory Round-Up
Last week, the Surface Transportation Board and the Transportation Safety Board of Canada took steps that could potentially lead to a modification of existing regulations. Here's what happened:Surface Transportation Board welcomes talks with stakeholders on rate reviewThe Surface Transportation Board (STB) is allowing board members and staff to meet informally with stakeholders over the board's proposed rule regarding the final offer rate review. The proposed rule is part of the proceeding Ex Parte 755.The Board's procedures normally don't allow for discussions between board members and stakeholders, but STB has waived this rule recently as it debates how it should handle certain long-standing issues between the railroads and shippers.Of particular interest to the Board are comments regarding arbitration and other rate review options for smaller cases. STB will open itself up for discussions with stakeholders from June 1 to July 15. It had closed the initial comment period on January 10, but after reviewing the comments, STB is seeking input on how best to establish a new rate review methodology generally. The board also "wishes to explore whether its existing arbitration program could be modified to provide a practical alternative dispute resolution mechanism to address smaller rate disputes," according to a May 15 notice.The Board had issued a notice of proposed rulemaking for the final offer rate review in September 2019. The proposed rule calls a new procedure for challenging the reasonableness of railroad rates in smaller cases. According to STB, the Board would decide a case by selecting either the complainant's or the defendant's final offer, subject to an expedited procedural schedule that adheres to firm deadlines.  The existing arbitration guidelines can be found here. STB defines arbitration as an alternative dispute resolution process that allows parties to resolve a dispute in a private setting as opposed to a formal proceeding before the Board. But smaller shippers have argued that the process can be cost-prohibitive. The proposed final offer rate review would use procedural limitations to constrain the cost and complexity of a rate case.Last week's decision to seek stakeholders' comments is just the latest action that the Board has taken to resolve certain long-standing issues. Last month, the Board issued decisions on demurrage and accessorial charges.Safety Board tells Transport Canada to check brake testThe Transportation Safety Board of Canada (TSB) said on May 12 that it has advised Transport Canada to examine the reliability of an existing test designed to identify ineffective brakes on rail cars. Last month, TSB sent a letter to Transport Canada asking the agency to review the effectiveness of the "No. 1 brake test" as the TSB continues to investigate a February 2019 derailment of a Canadian Pacific (NYSE: CP) train near Field, British Columbia. The derailment resulted in the deaths of three train crew members.The existing brake test requires at least 95% of a train's air brakes to be operational. TSB based its recommendations on two factors. In 2015, CP, Transport Canada, and the National Research Council began a research project that gauged the effectiveness of automated train brakes as an alternative or in combination with manual brake tests. The researchers determined that the No. 1 brake test and another type of test yielded vastly different results when studying the data of wheel temperatures.CP employees had also notified the railway that unit grain trains descending Field Hill in winter operating conditions would sometimes have difficulty in maintaining train speed, even though these trains had passed the No. 1 brake test.The "test results and the hazard notifications of train braking anomalies on Field Hill both suggest that the No. 1 brake test does not reliably identify ineffective brakes in rail cars," TSB said in the April 20 letter signed by Paul Treboutat, the director for rail and pipeline investigations for TSB. "Given this information, Transport Canada is advised that an alternate approach to determining the effectiveness of freight car air brakes is required to ensure that departing trains have sufficient effective brakes to operate safely."According to TSB, the February 4, 2019 derailment involved a unit grain train that ran uncontrolled, resulting in the derailment of 99-grain cars and two locomotives. The train ran on distributed power with one locomotive as the lead, another in the middle of the 6,677-foot long train, and a third locomotive at the tail end. A day earlier, the train's crew members were unable to control the train at a speed below 15 miles per hour as it traveled on a steep descending grade. The crew had to place the train in energy to stop it, TSB said.Photo provided by FreightWaves.See more from Benzinga * Heavy Rainfall To Flood Roads From Midwest To Southeast * COVID-19 Leads To Spot Rate Hikes * Today's Pickup: Bulkloads Rolls Out Early Features Of TMS(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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SkyWest (SKYW) Q1 Earnings Miss Estimates, Load factor Tanks
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Copa Holdings (CPA) Beats on Q1 Earnings, Load Factor Falls
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CP's President and CEO to address virtual conferences in May
CP's President and CEO to address virtual conferences in May
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Hawaiian Holdings (HA) Incurs Loss in Q1, Load Factor Tanks
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Shareholders Are Loving Canadian Pacific Railway Limited's (TSE:CP) 1.1% Yield
Dividend paying stocks like Canadian Pacific Railway Limited (TSE:CP) tend to be popular with investors, and for good...
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GATX Corp (GATX) Q1 Earnings Beat Estimates, Increase Y/Y
Lower marine operating expenses drive GATX Corp's (GATX) first-quarter 2020 results. However, lower profitability in the Rail International segment is a concern
- PR Newswire
Collaboration between CP, agricultural supply chain and customers delivers the best month for Canadian grain movements in company's 139-year history
Canadian Pacific (TSX: CP) (NYSE: CP) is proud to report another record-setting month in the movement of Canadian grain and grain products. In April, CP moved a best-ever monthly total of 2.8 million metric tonnes (MMT) to market, bettering the previous record set in November 2019 by more than 100,000 metric tonnes (MT).
- CNW Group
CP donates $1 million to four North American charities providing critical supplies and relief in the COVID-19 battle
CALGARY , May 4, 2020 /CNW/ - Canadian Pacific (CP) (CP) is donating $1 million to four North American charities working on the front lines to help people impacted by COVID-19. In Canada , CP will donate C$350,000 to The Frontline Fund and C$250,000 to Food Banks Canada. In the U.S., CP will donate US$250,000 to Feeding America and up to US$150,000 in matching funds to the American Red Cross.
- Zacks
Ryder (R) Posts Wider-Than-Expected Q1 Loss, Cancels View
Softening of rental demand amid the COVID-19 pandemic hurts Ryder's (R) first-quarter 2020 results
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UPS Misses on Q1 Earnings, Scraps 2020 EPS & Revenue View
Supply-chain disruptions due to the coronavirus pandemic dent UPS' Q1 performance.
- GuruFocus.com
CP Rail: A 5-Star Stock at a Bargain Price
Big improvements in its operating ratio have fueled strong returns Continue reading...
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Triton's (TRTN) Q1 Earnings Miss Estimates, Q2 Outlook Bleak
Lower demand for new containers amid COVID-19 pandemic hurts Triton's (TRTN) first-quarter 2020 results
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Statement from CP's President and CEO on the COVID-19 pandemic
CALGARY , April 24, 2020 /CNW/ - To critical healthcare workers, frontline service providers, emergency agencies and personnel: thank you for your ongoing dedication, determination and sacrifice in response to COVID-19. From railroaders and truckers to farmers and port workers and everyone in between, the supply chain is still working 24/7 to deliver for North Americans. A fluid supply chain is something we take for granted.
