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TSE:CNR

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

C$156.46
-2.08 (-1.31%)
(As of 09/6/2024 ET)
Today's Range
C$155.28
C$158.51
50-Day Range
C$151.37
C$168.93
52-Week Range
C$143.13
C$181.34
Volume
1.63 million shs
Average Volume
1.09 million shs
Market Capitalization
C$98.49 billion
P/E Ratio
18.58
Dividend Yield
2.16%
Price Target
C$179.29

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
14.6% Upside
C$179.29 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.11mentions of Canadian National Railway in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
C$388,063 Bought Last Quarter
Proj. Earnings Growth
N/A

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.

2.93 out of 5 stars

CNR stock logo

About Canadian National Railway Stock (TSE:CNR)

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.

CNR Stock Price History

CNR Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
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

Industry, Sector and Symbol

Industry
Railroads
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
25,179
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$179.29
High Stock Price Target
C$192.00
Low Stock Price Target
C$165.00
Potential Upside/Downside
+14.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
16 Analysts

Profitability

Net Income
C$5.46 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$17.04 billion
Cash Flow
C$0.55 per share
Book Value
C$30.74 per share

Miscellaneous

Free Float
N/A
Market Cap
C$98.49 billion
Optionable
Not Optionable
Beta
0.65
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Key Executives

  • Ms. Tracy A. Robinson (Age 60)
    President, CEO & Director
    Comp: $2.62M
  • Mr. Ghislain Houle (Age 60)
    Executive VP & CFO
    Comp: $1.42M
  • Mr. Dominique Malenfant (Age 62)
    Executive VP and Chief Information & Technology Officer
    Comp: $1.3M
  • 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? CNR 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 32.86%, indicating efficient cost management and profitability.
  • Consistent revenue generation with reported revenue of C$4.25 billion in the latest quarter, showcasing stable financial performance.
  • Positive return on equity of 27.06%, reflecting the company's ability to generate profit from shareholders' equity.
  • Current stock price trading at C$156.82, potentially offering an attractive entry point for investors considering the historical price range.
  • Analysts' consensus estimate of $7.79 per share for the full-year earnings, suggesting growth potential and stability.

Cons

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

  • Atb Cap Markets lowered their Q3 2024 earnings estimate for Canadian National Railway, indicating potential challenges in meeting financial expectations.
  • Multiple brokerage firms have adjusted their target prices for Canadian National Railway downwards, signaling concerns about future stock performance.
  • Debt-to-equity ratio of 101.48, which may raise concerns about the company's leverage and financial risk.
  • Market average rating of "Hold" and price target of C$179.29, suggesting limited upside potential according to analysts' assessments.
  • Recent decrease in stock price from C$181.34 to C$156.82, indicating potential market volatility and investor uncertainty.
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 Tuesday, August 13, 2024. Please send any questions or comments about these Canadian National Railway pros and cons to contact@marketbeat.com.

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 beginning of the year. Since then, CNR stock has decreased by 6.1% and is now trading at C$156.46.
View the best growth stocks for 2024 here
.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (TSE:CNR) announced its 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 firm earned $4.33 billion during the quarter, compared to analyst estimates 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).

This page (TSE:CNR) was last updated on 9/7/2024 by MarketBeat.com Staff

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