Canadian National Railway (CNR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$157.05 to C$161.06
• 50-Day Range: C$151.37 to C$168.93
• 52-Week Range: C$143.13 to C$181.34
• Volume: 5.10 million shs
• Average Volume: 1.14 million shs
• Market Capitalization: C$100.01 billion
• P/E Ratio: 18.87
• Dividend Yield: 2.13%
• Price Target: C$174.93
• Consensus Rating: Hold

Canadian National Railway Stock Analysis - MarketRank™

Canadian National Railway scored higher than 65% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Canadian National Railway has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 9 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Canadian National Railway has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian National Railway is 18.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian National Railway is 18.78, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 523.06.

Price to Earnings Growth Ratio

Canadian National Railway has a PEG Ratio of 2.06. 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 5.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CNR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Canadian National Railway pays a meaningful dividend of 2.16%, 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 40.14%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CNR.

News and Social Media

• Score: 0.9 / 5
• News Sentiment: -0.30

News Sentiment

Canadian National Railway has a news sentiment score of -0.30. 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 lower news sentiment than the 0.31 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 24 news articles for Canadian National Railway this week, compared to 5 articles on an average week.

Search Interest

Only 11 people have searched for CNR on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Canadian National Railway to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Canadian National Railway insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$587,388.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 1.69% of the stock of Canadian National Railway is held by insiders.

Percentage Held by Institutions

78.11% 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.

CNR Stock Analysis - Frequently Asked Questions

How have CNR shares performed this year?

Canadian National Railway's stock was trading at C$166.55 at the start of the year. Since then, CNR shares have decreased by 5.1% and is now trading at C$158.12.
View the best growth stocks for 2024 here.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (TSE:CNR) released its quarterly earnings results on Tuesday, July, 23rd. The company reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $1.93 by $0.09. The company earned $4.33 billion during the quarter, compared to the consensus estimate of $4.40 billion. Canadian National Railway had a trailing twelve-month return on equity of 27.41% and a net margin of 32.02%.

How do I buy shares of Canadian National Railway?

Shares of CNR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canadian National Railway own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian National Railway investors own include Intact Financial (IFC), Constellation Software (CSU), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY) and BCE (BCE).

Company Calendar

• Ex-Dividend for 6/28 Dividend: 6/07/2024
• Dividend Payable: 6/28/2024
• Last Earnings: 7/23/2024
• Ex-Dividend for 9/27 Dividend: 9/06/2024
• Today: 9/20/2024
• Dividend Payable: 9/27/2024
• Next Earnings (Confirmed): 10/22/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Railroads
• Sub-Industry: N/A
• Current Symbol: TSE:CNR
• CUSIP: N/A
• CIK: N/A
• Web: www.cn.ca
• Phone: +1-514-3996569
• Fax: N/A
• Employees: 25,656
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$174.93
• High Stock Price Target: C$189.00
• Low Stock Price Target: C$160.00
• Potential Upside/Downside: +10.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$8.42
• Trailing P/E Ratio: 18.80
• Forward P/E Ratio: 17.84
• P/E Growth: 2.06
• Net Income: C$5.46 billion
• Net Margins: 32.02%
• Pretax Margin: N/A
• Return on Equity: 27.41%
• Return on Assets: 8.33%

Debt

• Debt-to-Equity Ratio: 107.62
• Current Ratio: 0.63
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: C$17.04 billion
• Price / Sales: 5.85
• Cash Flow: C$0.55 per share
• Price / Cash Flow: 285.86
• Book Value: C$30.74 per share
• Price / Book: 5.15

Miscellaneous

• Outstanding Shares: 629,500,000
• Free Float: N/A
• Market Cap: C$99.65 billion
• Optionable: Not Optionable
• Beta: 0.65