NYSE:CNI Canadian National Railway (CNI) Stock Forecast, Price & News $113.97 +0.26 (+0.23%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$113.71▼$115.4550-Day Range$112.64▼$124.4052-Week Range$103.79▼$129.89Volume1.08 million shsAverage Volume1.36 million shsMarket Capitalization$75.60 billionP/E Ratio18.90Dividend Yield2.01%Price Target$143.22 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Canadian National Railway MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside25.7% Upside$143.22 Price TargetShort InterestBearish0.97% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.63Upright™ Environmental ScoreNews Sentiment0.43Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth10.81%From $5.83 to $6.46 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsTransportation Sector21st out of 124 stocksRailroads, Line - Haul Operating Industry3rd out of 6 stocks 4.2 Analyst's Opinion Consensus RatingCanadian National Railway has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 7 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $143.22, Canadian National Railway has a forecasted upside of 25.7% from its current price of $113.97.Amount of Analyst CoverageCanadian National Railway has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.97% of the float of Canadian National Railway has been sold short.Short Interest Ratio / Days to CoverCanadian National Railway has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Canadian National Railway has recently increased by 21.36%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCanadian National Railway pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCanadian National Railway has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Canadian National Railway is 37.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Canadian National Railway will have a dividend payout ratio of 35.45% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend. Previous Next 1.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCanadian National Railway has received a -30.47% net impact score from Upright. The largest negative impact of Canadian National Railway in category "GHG emissions" seems to be driven mostly by its "Diesel rail freight transport services", "Ship cargo handling services", and "Truck freight transport services" products. See details.Environmental SustainabilityThe Environmental Impact score for Canadian National Railway is -3.63. Previous Next 3.0 News and Social Media Coverage News SentimentCanadian National Railway has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Canadian National Railway this week, compared to 6 articles on an average week.Search Interest14 people have searched for CNI on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.MarketBeat Follows6 people have added Canadian National Railway to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian National Railway insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.40% of the stock of Canadian National Railway is held by insiders.Percentage Held by Institutions86.96% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Canadian National Railway are expected to grow by 10.81% in the coming year, from $5.83 to $6.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian National Railway is 18.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian National Railway is 18.90, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 24.57.Price to Earnings Growth RatioCanadian National Railway has a PEG Ratio of 2.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCanadian National Railway has a P/B Ratio of 4.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Canadian National Railway (NYSE:CNI) StockCanadian National Railway Co. engages in rail and related transportation business. Its services include rail, intermodal, trucking, supply chain services, business development and maps and network. Its offers their services in automotive, coal, fertilizer, food and beverages, forest products, dimensional loads, grain, metals and minerals and petroleum and chemicals industries. The company was founded on June 6, 1919 and is headquartered in Montreal, Canada.Read More Receive CNI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian National Railway and its competitors with MarketBeat's FREE daily newsletter. Email Address CNI Stock News HeadlinesMay 22, 2023 | marketbeat.comCanadian Pacific Kansas City Is on the Right Track (CNI)CPKC likely has above-industry growth prospects that stem from its ability to serve customers with both U.S. and Canadian operations.May 22, 2023 | markets.businessinsider.comWhere Canadian National Railway Stands With AnalystsMay 27, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 22, 2023 | finance.yahoo.comHere's Why You Should Hold Canadian National (CNI) for NowMay 22, 2023 | americanbankingnews.comCitigroup Lowers Canadian National Railway (NYSE:CNI) to NeutralMay 21, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Research Coverage Started at StockNews.comMay 14, 2023 | americanbankingnews.comBrokerages Set Canadian National Railway (NYSE:CNI) Price Target at $140.44May 11, 2023 | finance.yahoo.comTracy Robinson and CN Leaders to Address Investor Conferences on May 17 and 18May 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 9, 2023 | finanznachrichten.deCanadian National Railway Company: CN Announces C$1.75 Billion Debt OfferingMay 8, 2023 | finance.yahoo.comCN Announces C$1.75 Billion Debt OfferingMay 8, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) PT Raised to C$172.00 at ScotiabankMay 7, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Rating Increased to Outperform at CIBCMay 7, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Stock Rating Upgraded by Morgan StanleyMay 5, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Canadian National Railway (CNI), MPLX (MPLX) and Sunoco (SUN)May 4, 2023 | seekingalpha.comCanadian National Railway provides three-year outlookMay 4, 2023 | msn.comCanadian National raised to Buy at Morgan StanleyMay 3, 2023 | finance.yahoo.comCN Outlines Three-year Financial PerspectiveApril 29, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Expected to Earn Q2 2023 Earnings of $1.45 Per ShareApril 29, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Canadian National Railway (NYSE:CNI) Cut by Atb Cap MarketsApril 28, 2023 | msn.comHere's How Much You Would Have Made Owning Canadian National Railway Stock In The Last 20 YearsApril 28, 2023 | americanbankingnews.comDesjardins Raises Canadian National Railway (NYSE:CNI) Price Target to C$180.00April 28, 2023 | americanbankingnews.comCredit Suisse Group Boosts Canadian National Railway (NYSE:CNI) Price Target to $133.00April 28, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Forecasted to Post Q3 2023 Earnings of $1.48 Per ShareApril 28, 2023 | americanbankingnews.comCanadian National Railway (NYSE:CNI) Expected to Earn Q2 2023 Earnings of $1.42 Per ShareApril 27, 2023 | markets.businessinsider.comStifel Nicolaus Keeps Their Hold Rating on Canadian National Railway (CNI)April 27, 2023 | americanbankingnews.comNational Bank Financial Weighs in on Canadian National Railway's Q2 2023 Earnings (NYSE:CNI)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CNI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian National Railway and its competitors with MarketBeat's FREE daily newsletter. Email Address CNI Company Calendar Last Earnings10/18/2021Ex-Dividend for 3/31 Dividend3/09/2023Dividend Payable3/31/2023Today5/27/2023Ex-Dividend for 6/30 Dividend6/08/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Railroads, line - haul operating Sub-IndustryN/A SectorTransportation Current SymbolNYSE:CNI CUSIPN/A CIK16868 Webwww.cn.ca Phone(888) 888-5909Fax514-399-6090Employees23,971Year Founded1919Price Target and Rating Average Stock Price Forecast$143.22 High Stock Price Forecast$180.00 Low Stock Price Forecast$109.00 Forecasted Upside/Downside+25.7%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$6.03 Trailing P/E Ratio18.90 Forward P/E Ratio19.55 P/E Growth2.35Net Income$3.94 billion Net Margins30.61% Pretax Margin40.60% Return on Equity25.00% Return on Assets10.64% Debt Debt-to-Equity Ratio0.69 Current Ratio0.74 Quick Ratio0.57 Sales & Book Value Annual Sales$13.16 billion Price / Sales5.75 Cash Flow$7.87 per share Price / Cash Flow14.49 Book Value$23.25 per share Price / Book4.90Miscellaneous Outstanding Shares663,310,000Free Float647,392,000Market Cap$75.60 billion OptionableOptionable Beta0.91 Social Links Key ExecutivesTracy A. RobinsonPresident, CEO & Non-Independent DirectorEdmond L. HarrisChief Operating Officer & Executive Vice PresidentGhislain HouleChief Financial Officer & Executive Vice PresidentNayan BharadwaVice President-Automated Rail & TechnologyDominique MalenfantChief Information & Technology Officer, EVPKey CompetitorsCanadian Pacific Kansas CityNYSE:CPCSXNASDAQ:CSXNorfolk SouthernNYSE:NSCUnion PacificNYSE:UNPFedExNYSE:FDXView All CompetitorsInstitutional OwnershipSheets Smith Wealth ManagementBought 178 shares on 5/26/2023Ownership: 0.006%Empower Advisory Group LLCBought 2,467 shares on 5/25/2023Ownership: 0.000%Ameriprise Financial Inc.Sold 5,477 shares on 5/22/2023Ownership: 0.075%New York State Common Retirement FundBought 11,259 shares on 5/18/2023Ownership: 0.007%Harvest Portfolios Group Inc.Bought 2,575 shares on 5/18/2023Ownership: 0.000%View All Institutional Transactions CNI Stock - Frequently Asked Questions Should I buy or sell Canadian National Railway stock right now? 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNI, but not buy additional shares or sell existing shares. View CNI analyst ratings or view top-rated stocks. What is Canadian National Railway's stock price forecast for 2023? 16 brokers have issued 1-year price objectives for Canadian National Railway's shares. Their CNI share price forecasts range from $109.00 to $180.00. On average, they expect the company's share price to reach $143.22 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price. View analysts price targets for CNI or view top-rated stocks among Wall Street analysts. How have CNI shares performed in 2023? Canadian National Railway's stock was trading at $118.88 at the beginning of the year. Since then, CNI shares have decreased by 4.1% and is now trading at $113.97. View the best growth stocks for 2023 here. Are investors shorting Canadian National Railway? Canadian National Railway saw a increase in short interest in May. As of May 15th, there was short interest totaling 6,250,000 shares, an increase of 21.4% from the April 30th total of 5,150,000 shares. Based on an average daily volume of 1,190,000 shares, the short-interest ratio is presently 5.3 days. Approximately 1.0% of the company's stock are sold short. View Canadian National Railway's Short Interest. When is Canadian National Railway's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our CNI earnings forecast. How were Canadian National Railway's earnings last quarter? Canadian National Railway (NYSE:CNI) released its quarterly earnings results on Monday, October, 18th. The transportation company reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.40. The transportation company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.51 billion. Canadian National Railway had a trailing twelve-month return on equity of 25.00% and a net margin of 30.61%. The business's revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 earnings per share. How often does Canadian National Railway pay dividends? What is the dividend yield for Canadian National Railway? Canadian National Railway declared a quarterly dividend on Monday, April 24th. Investors of record on Friday, June 9th will be given a dividend of $0.5835 per share on Friday, June 30th. This represents a $2.33 annualized dividend and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, June 8th. Read our dividend analysis for CNI. Is Canadian National Railway a good dividend stock? Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.29 per share and currently has a dividend yield of 2.01%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 35.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNI. 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. What other stocks do shareholders of Canadian National Railway own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian National Railway investors own include CA (CA), BlackRock (BLK), Canadian National Railway (CNR), Chipotle Mexican Grill (CMG), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Pfizer (PFE) and Starbucks (SBUX). What is Canadian National Railway's stock symbol? Canadian National Railway trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNI." Who are Canadian National Railway's major shareholders? Canadian National Railway's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (3.06%), Bank of New York Mellon Corp (2.06%), Mackenzie Financial Corp (1.71%), FIL Ltd (1.47%), Jarislowsky Fraser Ltd (1.44%) and Egerton Capital UK LLP (1.31%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Canadian National Railway's stock price today? One share of CNI stock can currently be purchased for approximately $113.97. How much money does Canadian National Railway make? Canadian National Railway (NYSE:CNI) has a market capitalization of $75.60 billion and generates $13.16 billion in revenue each year. The transportation company earns $3.94 billion in net income (profit) each year or $6.03 on an earnings per share basis. How many employees does Canadian National Railway have? The company employs 23,971 workers across the globe. Does Canadian National Railway have any subsidiaries? The following companies are subsidiares of Canadian National Railway: Grand Trunk Corporation, Grand Trunk Western Railroad Company, Illinois Central Corporation, Illinois Central Railroad Company, North American Railways Inc., TransX, and Wisconsin Central Ltd.Read More How can I contact Canadian National Railway? Canadian National Railway's mailing address is 935 DE LA GAUCHETIERE ST W, MONTREAL A8, H3B 2M9. The official website for the company is www.cn.ca. The transportation company can be reached via phone at (888) 888-5909 or via fax at 514-399-6090. This page (NYSE:CNI) was last updated on 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Canadian National Railway Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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