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NYSE:CNI

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

$115.37
-1.34 (-1.15%)
(As of 09/6/2024 ET)
Today's Range
$114.43
$117.31
50-Day Range
$110.13
$123.63
52-Week Range
$103.96
$134.02
Volume
1.93 million shs
Average Volume
1.08 million shs
Market Capitalization
$72.96 billion
P/E Ratio
18.40
Dividend Yield
2.12%
Price Target
$125.04

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.26 Rating Score
Upside/​Downside
8.4% Upside
$125.04 Price Target
Short Interest
Healthy
0.37% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.45
Upright™ Environmental Score
News Sentiment
0.54mentions of Canadian National Railway in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.65%
From $5.64 to $6.41 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.

4.11 out of 5 stars

Transportation Sector

32nd out of 120 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
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
CN Receives Order of Binding Arbitration
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Teamsters Serve CN with a Strike Notice
CN Ends Lock Out and Initiates Recovery Plan
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
9/07/2024
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
$125.04
High Stock Price Target
$146.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+8.4%
Consensus Rating
Hold
Rating Score (0-4)
2.26
Research Coverage
19 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
36.74%

Debt

Sales & Book Value

Annual Sales
$17.04 billion
Cash Flow
$7.41 per share
Book Value
$22.51 per share

Miscellaneous

Free Float
617,233,000
Market Cap
$72.96 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 diverse business model that includes rail, intermodal, trucking, and marine transportation, providing stability and multiple revenue streams.
  • The company has shown consistent revenue growth, with a 6.7% increase in revenue year-over-year, indicating a healthy financial performance.
  • Canadian National Railway's current stock price is trading at a discount compared to its 52-week high, potentially offering a good entry point for investors.
  • The company has a solid net margin of 32.00% and a return on equity of 23.58%, demonstrating efficient operations and profitability.
  • Analysts have set an average price target of $138.35 for Canadian National Railway, suggesting potential upside for investors.

Cons

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

  • Recent analyst reports have downgraded Canadian National Railway's ratings, indicating potential concerns about the company's future performance.
  • The company recently cut its dividend, which may be a red flag for income-oriented investors looking for stable dividend payouts.
  • Several analysts have lowered their price targets for Canadian National Railway, signaling a lack of confidence in the stock's potential growth.
  • Canadian National Railway's stock has been trading down, showing a negative trend in the market sentiment towards the company.
  • With a consensus rating of "Hold" from analysts, there may be limited short-term catalysts for significant stock price appreciation.
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 Sunday, August 25, 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 on January 1st, 2024. Since then, CNI shares have decreased by 8.2% and is now trading at $115.37.
View the best growth stocks for 2024 here
.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) issued its earnings results on Tuesday, July, 23rd. The transportation company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $1.93 by $0.09. The firm's revenue for the quarter was up 6.7% on a year-over-year basis.

What is Jean-Jacques Ruest's approval rating as Canadian National Railway's CEO?

125 employees have rated Canadian National Railway Chief Executive Officer Jean-Jacques Ruest on Glassdoor.com. Jean-Jacques Ruest has an approval rating of 46% among the company's employees. This puts Jean-Jacques Ruest in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Canadian National Railway have any subsidiaries?

Canadian National Railway subsidiaries include 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?

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
.

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 9/7/2024 by MarketBeat.com Staff

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