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$143.72 to C$146.77
• 50-Day Range: C$144.87 to C$159.56
• 52-Week Range: C$143.72 to C$181.34
• Volume: 3.24 million shs
• Average Volume: 1.14 million shs
• Market Capitalization: C$91.49 billion
• P/E Ratio: 17.26
• Dividend Yield: 2.33%
• Price Target: C$171.07
• Consensus Rating: Moderate Buy

Canadian National Railway Stock Analysis - MarketRank™

Canadian National Railway scored higher than 64% 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Canadian National Railway has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Canadian National Railway has been the subject of 9 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 17.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian National Railway is 17.26, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 427.60.

Price to Earnings Growth Ratio

Canadian National Railway has a PEG Ratio of 3.38. 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 4.73. 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 2.12%, 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: 1.3 / 5
• News Sentiment: 0.34

News Sentiment

Canadian National Railway has a news sentiment score of 0.34. 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 0.45 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Canadian National Railway this week, compared to 4 articles on an average week.

Search Interest

Only 9 people have searched for CNR on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

MarketBeat Follows

Only 8 people have added Canadian National Railway to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 15.86% more of their company's stock than they have sold. Specifically, they have bought C$1,003,190.00 in company stock and sold C$865,845.00 in company stock.

Percentage Held by Insiders

Only 2.64% of the stock of Canadian National Railway is held by insiders.

Percentage Held by Institutions

76.98% 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 on January 1st, 2024. Since then, CNR stock has decreased by 12.7% and is now trading at C$145.34.
View the best growth stocks for 2024 here.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (TSE:CNR) issued its quarterly earnings data on Tuesday, July, 25th. The company reported $1.76 earnings per share for the quarter, missing the consensus estimate of $1.83 by $0.07. The firm had revenue of $4.06 billion for the quarter, compared to analysts' expectations of $4.18 billion. Canadian National Railway had a net margin of 32.02% and a trailing twelve-month return on equity of 27.41%.

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 Toronto-Dominion Bank (TD), Constellation Software (CSU), Intact Financial (IFC), Enbridge (ENB), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY) and TELUS (T).

Company Calendar

• Last Earnings: 7/25/2023
• Ex-Dividend for 9/27 Dividend: 9/06/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 12/30 Dividend: 12/09/2024
• Today: 12/21/2024
• Dividend Payable: 12/30/2024

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$171.07
• High Stock Price Target: C$190.00
• Low Stock Price Target: C$126.00
• Potential Upside/Downside: +17.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$8.42
• Trailing P/E Ratio: 17.26
• Forward P/E Ratio: 17.59
• P/E Growth: 3.38
• 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: 5.37
• Cash Flow: C$0.51 per share
• Price / Cash Flow: 285.86
• Book Value: C$30.74 per share
• Price / Book: 4.73

Miscellaneous

• Outstanding Shares: 629,500,000
• Free Float: N/A
• Market Cap: C$91.49 billion
• Optionable: Not Optionable
• Beta: 0.65