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About Canadian National Railway Stock (NYSE:CNI)
Advanced Chart
View Price History Chart DataSkip Price History Chart
Key Stats
- Today's Range
- $116.15
▼
$118.11 - 50-Day Range
- $110.13
▼
$122.19 - 52-Week Range
- $103.96
▼
$134.02 - Volume
- 1.05 million shs
- Average Volume
- 1.09 million shs
- Market Capitalization
- $73.30 billion
- P/E Ratio
- 18.57
- Dividend Yield
- 2.10%
- Price Target
- $121.41
- Consensus Rating
- Hold
Company Overview
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks. It offers trucking services, such as door-to-door services, import and export dray, interline services, and specialized services, comprising flatbed trucks, on-deck mobile transport trays, expedited cargo, and permit/overweight services; and supply chain services. It serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. The company operates a rail network of approximately 20,000 route-miles of track and shipping spanning. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
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Canadian National Railway Stock Analysis - MarketRank™
See Top Rated MarketRank™ Stocks
84th Percentile Overall Score
CNI MarketRank™:
Canadian National Railway scored higher than 84% of companies evaluated by MarketBeat, and ranked 32nd out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.
Consensus Rating
Canadian National Railway has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 15 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Canadian National Railway has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
- Read more about Canadian National Railway's stock forecast and price target.
Earnings Growth
Earnings for Canadian National Railway are expected to grow by 13.80% in the coming year, from $5.58 to $6.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian National Railway is 18.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian National Railway is 18.57, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.50.
Price to Earnings Growth Ratio
Canadian National Railway has a PEG Ratio of 2.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian National Railway has a P/B Ratio of 5.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
- Read more about Canadian National Railway's valuation and earnings.
Percentage of Shares Shorted
0.53% of the float of Canadian National Railway has been sold short.Short Interest Ratio / Days to Cover
Canadian National Railway has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month
Short interest in Canadian National Railway has recently increased by 2.56%, indicating that investor sentiment is decreasing.
Dividend Yield
Canadian National Railway pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian National Railway does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian National Railway is 39.08%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Canadian National Railway will have a dividend payout ratio of 38.58% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.
- Read more about Canadian National Railway's dividend.
Percentage of Shares Shorted
0.53% of the float of Canadian National Railway has been sold short.Short Interest Ratio / Days to Cover
Canadian National Railway has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month
Short interest in Canadian National Railway has recently increased by 2.56%, indicating that investor sentiment is decreasing.
News Sentiment
Canadian National Railway has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Transportation companies.News Coverage This Week
MarketBeat has tracked 20 news articles for Canadian National Railway this week, compared to 8 articles on an average week.Search Interest
Only 4 people have searched for CNI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows
Only 2 people have added Canadian National Railway to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
Insider Buying vs. Insider Selling
In the past three months, Canadian National Railway insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Canadian National Railway is held by insiders.
Percentage Held by Institutions
80.74% of the stock of Canadian National Railway is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
- Read more about Canadian National Railway's insider trading history.
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CNI Stock News Headlines
Unifor files a notice of dispute against Canadian National Railway
September 27 at 2:02 PM|reuters.com
Unifor Files a Notice of Dispute
September 27 at 1:15 PM|globenewswire.com
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Is Canadian National Railway Company (CNI) the Best Low Beta Stock to Buy Now?
September 26 at 12:09 PM|finance.yahoo.com
Canadian National Railway (NYSE:CNI) Price Target Raised to $121.00
September 26 at 6:42 AM|americanbankingnews.com
Canadian National Railway (NYSE:CNI) Given New $119.00 Price Target at Evercore ISI
September 26 at 5:58 AM|americanbankingnews.com
Is Canadian National Railway Company (CNI) the Best Low Beta Stocks to Buy Now?
September 26 at 2:07 AM|msn.com
CN Police Services Mobilizing for See Tracks? Think Train® Week 2024
September 23, 2024|markets.businessinsider.com
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CNI Stock Analysis - Frequently Asked Questions
Canadian National Railway's stock was trading at $125.63 at the start of the year. Since then, CNI stock has decreased by 7.3% and is now trading at $116.4050. View the best growth stocks for 2024 here.
Canadian National Railway (NYSE:CNI) announced its quarterly earnings data on Tuesday, July, 23rd. The transportation company reported $1.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.93 by $0.09. The company's revenue was up 6.7% on a year-over-year basis.
The following companies are subsidiaries of Canadian National Railway: TransX, Grand Trunk Corporation, Grand Trunk Western Railroad Company, Illinois Central Corporation, Illinois Central Railroad Company, North American Railways Inc., and Wisconsin Central Ltd.
Top institutional investors of Canadian National Railway include Massachusetts Financial Services Co. MA (2.35%), Bank of New York Mellon Corp (2.09%), TD Asset Management Inc (1.82%) and 1832 Asset Management L.P. (1.49%). View institutional ownership trends.
Shares of CNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian National Railway investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Canadian National Railway (CNR), Chipotle Mexican Grill (CMG), Micron Technology (MU), NVIDIA (NVDA) and Walt Disney (DIS).
Company Calendar
- Last Earnings
- 7/23/2024
- Ex-Dividend for 9/27 Dividend
- 9/06/2024
- Today
- 9/27/2024
- Dividend Payable
- 9/27/2024
- Next Earnings (Confirmed)
- 10/22/2024
- Fiscal Year End
- 12/31/2024
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Industry, Sector and Symbol
- Stock Exchange
- NYSE
- Sector
- Transportation
- Industry
- Railroads, line - haul operating
- Sub-Industry
- Transportation
- Current Symbol
- NYSE:CNI
- CUSIP
- N/A
- CIK
- 16868
- Web
- www.cn.ca
- Phone
- (888) 888-5909
- Fax
- 514-399-6090
- Employees
- 24,987
- Year Founded
- 1919
Price Target and Rating
- Average Stock Price Target
- $127.64
- High Stock Price Target
- $143.00
- Low Stock Price Target
- $119.00
- Potential Upside/Downside
- +4.0%
- Consensus Rating
- Hold
- Rating Score (0-4)
- 2.22
- Research Coverage
- 18 Analysts
Profitability
- EPS (Most Recent Fiscal Year)
- $6.27
- Trailing P/E Ratio
- 18.62
- Forward P/E Ratio
- 20.92
- P/E Growth
- 2.5
- Net Income
- $4.17 billion
- Net Margins
- 32.00%
- Pretax Margin
- 36.74%
- Return on Equity
- 23.58%
- Return on Assets
- 8.82%
Debt
- Debt-to-Equity Ratio
- 0.93
- Current Ratio
- 0.63
- Quick Ratio
- 0.48
Sales & Book Value
- Annual Sales
- $12.47 billion
- Price / Sales
- 5.90
- Cash Flow
- $7.54 per share
- Price / Cash Flow
- 15.49
- Book Value
- $23.15 per share
- Price / Book
- 5.04
Miscellaneous
- Outstanding Shares
- 629,730,000
- Free Float
- 617,233,000
- Market Cap
- $73.51 billion
- Optionable
- Optionable
- Beta
- 0.88
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This page (NYSE:CNI) was last updated on 9/27/2024 by MarketBeat.com Staff
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