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NYSE:CNI

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

$115.45
+2.03 (+1.79%)
(As of 07/26/2024 ET)
Today's Range
$114.12
$116.02
50-Day Range
$113.42
$128.24
52-Week Range
$103.96
$134.02
Volume
965,303 shs
Average Volume
1.09 million shs
Market Capitalization
$73.01 billion
P/E Ratio
18.41
Dividend Yield
2.14%
Price Target
$125.04

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.24 Rating Score
Upside/​Downside
8.3% Upside
$125.04 Price Target
Short Interest
Healthy
0.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.45
Upright™ Environmental Score
News Sentiment
-0.11mentions of Canadian National Railway in the last 14 days
Based on 53 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.76%
From $5.80 to $6.54 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.

4.31 out of 5 stars

Transportation Sector

22nd out of 120 stocks

Railroads, Line - Haul Operating Industry

4th out of 6 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

Canadian National Railway (NYSE:CNI) PT Lowered to $133.00
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Canadian National Railway (NYSE:CNI) Given "Hold" Rating at Benchmark
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
CN Declares Third-Quarter 2024 Dividend
CN Announces Second Quarter Results
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
Today
7/26/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
N/A
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
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.24
Research Coverage
21 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
36.74%

Debt

Sales & Book Value

Annual Sales
$17.04 billion
Cash Flow
$7.59 per share
Book Value
$22.42 per share

Miscellaneous

Free Float
617,233,000
Market Cap
$73.01 billion
Optionable
Optionable
Beta
0.89

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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 32.81% and a solid return on equity of 23.27%, indicating efficient operations and profitability.
  • The company has a consistent dividend payout ratio of 39.08%, providing investors with a steady income stream through dividends.
  • Analysts have set a price target of $149.32 for Canadian National Railway, suggesting potential for stock price appreciation.
  • Recent analyst ratings indicate a consensus "Hold" rating, implying stability and confidence in the company's performance.
  • With a market cap of $77.22 billion, Canadian National Railway is a well-established and sizable player in the transportation and logistics industry.

Cons

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

  • The stock price of Canadian National Railway has experienced fluctuations, with a 52-week range between $103.96 and $134.02, indicating potential volatility.
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, July 2, 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 start of the year. Since then, CNI stock has decreased by 8.1% and is now trading at $115.45.
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. The company's quarterly revenue 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 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 investors include Bank of New York Mellon Corp (2.09%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.23%), Manning & Napier Advisors LLC (0.18%) and Ninety One UK Ltd (0.17%).
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 7/26/2024 by MarketBeat.com Staff

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