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NYSE:CNI

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

Canadian National Railway logo
$111.24 +2.04 (+1.87%)
(As of 11/22/2024 ET)

About Canadian National Railway Stock (NYSE:CNI)

Key Stats

Today's Range
$108.74
$111.41
50-Day Range
$106.81
$120.63
52-Week Range
$105.28
$134.02
Volume
1.20 million shs
Average Volume
1.12 million shs
Market Capitalization
$70.06 billion
P/E Ratio
17.83
Dividend Yield
2.20%
Price Target
$125.48
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.

Canadian National Railway Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

CNI MarketRank™: 

Canadian National Railway scored higher than 91% of companies evaluated by MarketBeat, and ranked 16th out of 126 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 2.35, and is based on 4 buy ratings, 13 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Canadian National Railway has been the subject of 13 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 12.57% in the coming year, from $5.49 to $6.18 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian National Railway is 17.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Canadian National Railway is 17.83, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.82.

  • Price to Earnings Growth Ratio

    Canadian National Railway has a PEG Ratio of 2.41. 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 4.91. 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

    0.37% 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 1.9, 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 decreased by 2.99%, indicating that investor sentiment is improving.
  • Dividend Yield

    Canadian National Railway pays a meaningful dividend of 2.30%, 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 39.26%. 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 39.64% 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

    0.37% 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 1.9, 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 decreased by 2.99%, indicating that investor sentiment is improving.
  • News Sentiment

    Canadian National Railway has a news sentiment score of 0.97. 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 0.68 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Canadian National Railway this week, compared to 8 articles on an average week.
  • Search Interest

    Only 1 people have searched for CNI on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Canadian National Railway to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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

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CNI Stock Analysis - Frequently Asked Questions

Canadian National Railway's stock was trading at $125.63 on January 1st, 2024. Since then, CNI stock has decreased by 11.5% and is now trading at $111.24.
View the best growth stocks for 2024 here
.

Canadian National Railway (NYSE:CNI) released its quarterly earnings results on Tuesday, October, 22nd. The transportation company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.70 by $0.02. Canadian National Railway's revenue for the quarter was up 3.1% on a year-over-year basis.

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.

Top institutional shareholders of Canadian National Railway include Wellington Management Group LLP (2.95%), Massachusetts Financial Services Co. MA (2.21%), National Bank of Canada FI (1.07%) and Fiera Capital Corp (0.87%).
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 Bristol-Myers Squibb (BMY), Chevron (CVX), American Water Works (AWK), Humana (HUM), Voyager Therapeutics (VYGR), Comcast (CMCSA) and Waste Connections (WCN).

Company Calendar

Ex-Dividend for 9/27 Dividend
9/06/2024
Dividend Payable
9/27/2024
Last Earnings
10/22/2024
Today
11/22/2024
Ex-Dividend for 12/30 Dividend
12/09/2024
Dividend Payable
12/30/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/28/2025

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
$125.48
High Stock Price Target
$143.00
Low Stock Price Target
$116.00
Potential Upside/Downside
+12.8%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
20 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
36.24%

Debt

Sales & Book Value

Annual Sales
$12.47 billion
Cash Flow
$7.93 per share
Book Value
$22.65 per share

Miscellaneous

Free Float
614,665,000
Market Cap
$70.06 billion
Optionable
Optionable
Beta
0.89

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This page (NYSE:CNI) was last updated on 11/23/2024 by MarketBeat.com Staff
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