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NYSE:CNI

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

$120.65
+1.88 (+1.58%)
(As of 04:10 PM ET)
Today's Range
$118.88
$120.78
50-Day Range
$110.13
$123.63
52-Week Range
$103.96
$134.02
Volume
663,317 shs
Average Volume
1.09 million shs
Market Capitalization
$76.30 billion
P/E Ratio
19.24
Dividend Yield
2.03%
Price Target
$124.04

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
3.4% Upside
$124.04 Price Target
Short Interest
Healthy
0.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.45
Upright™ Environmental Score
News Sentiment
-0.03mentions of Canadian National Railway in the last 14 days
Based on 42 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.80%
From $5.58 to $6.35 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.81 out of 5 stars

Transportation Sector

39th out of 122 stocks

Railroads, Line - Haul Operating Industry

4th out of 7 stocks

CNI stock logo

About Canadian National Railway Stock (NYSE:CNI)

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.

CNI Stock Price History

CNI Stock News Headlines

Train cars are seen on the tracks in an aerial view at Canadian National Rail's Thornton Yard as th…
Workers at Canadian National Railway Co. will start returning to work Friday, union says
The union representing workers at Canadian National Railway Co. says they will begin returning to work Friday
Elon Musk’s chilling warning for humanity
The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern border is a travesty, but the 'invasion' I've found will have 10 times greater effects on our economy, and ultimately our way of life.
Bill Gates Has 70% of His Portfolio In Just 3 Stocks
Elon Musk’s chilling warning for humanity
The 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern border is a travesty, but the 'invasion' I've found will have 10 times greater effects on our economy, and ultimately our way of life.
CIBC Sticks to Their Hold Rating for Canadian National Railway (CNI)
Canadian National Railway (CNI) Receives a Buy from Desjardins
CN Receives Order of Binding Arbitration
See More Headlines
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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
9/16/2024
Dividend Payable
9/27/2024
Next Earnings (Confirmed)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
Transportation
Employees
24,987
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$124.04
High Stock Price Target
$146.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
18 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
36.74%

Debt

Sales & Book Value

Annual Sales
$17.04 billion
Cash Flow
$7.60 per share
Book Value
$23.15 per share

Miscellaneous

Free Float
617,233,000
Market Cap
$75.40 billion
Optionable
Optionable
Beta
0.88

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Key Executives

  • Ms. Tracy A. RobinsonMs. Tracy A. Robinson (Age 60)
    President, CEO & Director
    Comp: $1.92M
  • Mr. Ghislain  HouleMr. Ghislain Houle (Age 60)
    Executive VP & CFO
    Comp: $1.04M
  • Mr. Dominique Malenfant (Age 62)
    Executive VP and Chief Information & Technology Officer
    Comp: $956.46k
  • Mr. Derek Taylor
    Executive VP & Chief Field Operating Officer
  • Mr. Patrick Timothy Whitehead
    Executive VP & Chief Network Operating Officer
  • Greg Hamilton
    Senior Manager of Investor Relations
  • Mr. Olivier Chouc
    Senior VP & Chief Legal Officer
  • Jonathan Abecassis
    Senior Manager of Media Relations
  • Ms. Josée Girard
    Senior VP & Chief Human Resources Officer
  • Mr. Keith Donald Reardon
    Senior Vice-President of Consumer Product Supply Chain Growth

Should I Buy Canadian National Railway Stock? CNI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Canadian National Railway:

  • Canadian National Railway has a strong net margin of 32.00%, indicating efficient cost management and profitability.
  • The company has a consistent return on equity of 23.58%, showcasing its ability to generate returns for shareholders.
  • With a current dividend yield of 2.13%, investors can benefit from regular income through dividends.
  • Canadian National Railway's stock price is currently at $115.31, potentially offering a good entry point for investors.
  • The company's diversified transportation and logistics business across Canada and the United States provides stability and growth opportunities.

Cons

Investors should be bearish about investing in Canadian National Railway for these reasons:

  • Analysts have recently downgraded the stock rating, indicating potential concerns about future performance.
  • Canadian National Railway recently lowered its dividend payout ratio to 39.07%, which may impact income for dividend-focused investors.
  • The stock price has experienced a 1.7% decline, suggesting short-term volatility and market sentiment.
  • Several analysts have set lower price targets for the stock, signaling potential downside risk in the near term.
  • The company's debt-to-equity ratio of 0.93 may raise concerns about financial leverage and stability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these Canadian National Railway pros and cons to contact@marketbeat.com.

CNI Stock Analysis - Frequently Asked Questions

How have CNI shares performed this year?

Canadian National Railway's stock was trading at $125.63 at the beginning of 2024. Since then, CNI shares have decreased by 4.5% and is now trading at $119.97.
View the best growth stocks for 2024 here
.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) released 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. Canadian National Railway's quarterly revenue was up 6.7% compared to the same quarter last year.

Does Canadian National Railway have any subsidiaries?

Canadian National Railway subsidiaries include these companies: TransX, Grand Trunk Corporation, Grand Trunk Western Railroad Company, Illinois Central Corporation, Illinois Central Railroad Company, North American Railways Inc., and Wisconsin Central Ltd.

Who are Canadian National Railway's major shareholders?

Canadian National Railway's top institutional shareholders 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
.

How do I buy shares of Canadian National Railway?

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.

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 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).

This page (NYSE:CNI) was last updated on 9/16/2024 by MarketBeat.com Staff

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