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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
Lowest-Rated StocksLowest-Rated

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

$117.78
-0.60 (-0.51%)
(As of 12/8/2023 08:56 PM ET)
Compare
Today's Range
$117.77
▼
$119.45
50-Day Range
$104.54
▼
$118.76
52-Week Range
$103.96
▼
$129.47
Volume
806,700 shs
Average Volume
1.15 million shs
Market Capitalization
$76.37 billion
P/E Ratio
21.53
Dividend Yield
1.94%
Price Target
$128.42
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
9.0% Upside
$128.42 Price Target
Short Interest
Bearish
1.75% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.98
Upright™ Environmental Score
News Sentiment
1.13mentions of Canadian National Railway in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.36%
From $5.31 to $5.86 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Transportation Sector

53rd out of 103 stocks

Railroads, Line - Haul Operating Industry

4th out of 7 stocks

See Top Rated MarketRank™ Stocks Here

CNI stock logo

About Canadian National Railway Stock (NYSE:CNI)

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business. The company offers rail services, which include equipment, custom brokage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services including temperature controlled cargo, port partnership, transloading and distribution, logistic parks, customs brokerage, trucking, and moving grains in containers. It also provides 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 and temperature controlled cargo, and permit/overweight services; and supply chain services. In addition, it serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, and consumer goods applications. Further, the company operates a network of 20,000 route miles of track and shipping Canada and the United States. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.

CNI Stock Price History

CNI Stock News Headlines

December 8, 2023 | americanbankingnews.com
FY2023 Earnings Estimate for Canadian National Railway Issued By Zacks Research (NYSE:CNI)
December 7, 2023 | americanbankingnews.com
Canadian National Railway Expected to Earn Q4 2023 Earnings of $1.58 Per Share (NYSE:CNI)
December 11, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
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November 27, 2023 | markets.businessinsider.com
Hold Rating for Canadian National Railway: Prospects, Challenges and Growth Opportunities
November 27, 2023 | msn.com
Canadian National Railway slips after Deutsche Bank turns cautious
November 7, 2023 | finance.yahoo.com
Ghislain Houle and Patrick Whitehead to Address the Scotiabank Transportation and Industrials Conference on November 15
November 6, 2023 | finance.yahoo.com
Canadian National Railway Company: Looking for more favorable entry point
October 31, 2023 | msn.com
Canadian National Railway announces $600M debt offering
December 11, 2023 | Autonomix (Ad)
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October 26, 2023 | markets.businessinsider.com
Analysts Are Bullish on These Industrial Goods Stocks: Norfolk Southern (NSC), Canadian National Railway (CNI)
October 25, 2023 | markets.businessinsider.com
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: RBC Bearings (RBC), Canadian National Railway (CNI) and Polaris (PII)
October 25, 2023 | investing.com
Canadian National Railway (CNI) Earnings Dates & Reports
October 25, 2023 | msn.com
Canadian National: Leveraging Competitive Advantage For Potential Double-Digit Returns
October 25, 2023 | finance.yahoo.com
Canadian National (CNI) Q3 Earnings & Revenues Lag Estimates
October 25, 2023 | finance.yahoo.com
Canadian National Railway Company (NYSE:CNI) Q3 2023 Earnings Call Transcript
October 25, 2023 | seekingalpha.com
Canadian National Has Entered Buy Zone: Navigating Challenges, Embracing Opportunity
October 25, 2023 | finanznachrichten.de
Canadian National Railway Company: CN Announces Third Quarter Results
October 24, 2023 | finance.yahoo.com
Taking market share from trucks will require cross-industry collaboration: CN
October 24, 2023 | financialpost.com
Strikes, wildfires and falling consumer demand derail CN profits
October 24, 2023 | financialpost.com
CN Railway Misses Estimates as Consumer Goods Shipments Drop
October 23, 2023 | benzinga.com
Canadian National Railway's Earnings Outlook
October 18, 2023 | finance.yahoo.com
CN to split chief operating officer role into 2
October 18, 2023 | finance.yahoo.com
CN Announces COO Succession and Evolution of Operating Structure
October 5, 2023 | finance.yahoo.com
CN Publishes Winter Plan for 2023-2024
October 4, 2023 | financialpost.com
Reason for rail outage still under investigation after thousands stranded in GTA
October 3, 2023 | finance.yahoo.com
Internet connectivity issues affect CN’s customer service portal
October 3, 2023 | reuters.com
Canadian National Railway system failure halts Toronto-area commuter trains
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/07/2023
Dividend Payable
9/29/2023
Last Earnings
10/24/2023
Ex-Dividend for 12/28 Dividend
12/06/2023
Today
12/11/2023
Dividend Payable
12/28/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Railroads, line - haul operating
Sub-Industry
N/A
Sector
Transportation
Current Symbol
NYSE:CNI
CUSIP
N/A
CIK
16868
Web
www.cn.ca
Phone
(888) 888-5909
Fax
514-399-6090
Employees
23,971
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$128.42
High Stock Price Target
$170.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+9.0%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
18 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$5.47
Trailing P/E Ratio
21.53
Forward P/E Ratio
22.18
P/E Growth
3.24
Net Income
$3.94 billion
Net Margins
29.08%
Pretax Margin
38.57%
Return on Equity
23.53%
Return on Assets
9.51%

Debt

Debt-to-Equity Ratio
0.81
Current Ratio
0.72
Quick Ratio
0.56

Sales & Book Value

Annual Sales
$13.16 billion
Price / Sales
5.80
Cash Flow
$7.85 per share
Price / Cash Flow
15.01
Book Value
$24.44 per share
Price / Book
4.82

Miscellaneous

Outstanding Shares
648,420,000
Free Float
632,856,000
Market Cap
$76.37 billion
Optionable
Optionable
Beta
0.92

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Key Executives

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

Should I Buy Canadian National Railway Stock? CNI Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Canadian National Railway was last updated on Sunday, December 10, 2023 at 7:32 PM.

Pros

Here are some ways that investors could benefit from investing in Canadian National Railway:

  • Canadian National Railway Company is a well-established rail and transportation business with a long history dating back to 1919.
  • With its extensive rail network in Canada and the United States, Canadian National Railway Company has a strong market presence and offers reliable transportation services.
  • Recent developments and strategic partnerships, such as the one with Next Decentrum Technologies Inc., demonstrate Canadian National Railway Company's commitment to incorporating new technologies into its platforms.
  • Investing in Canadian National Railway Company provides exposure to the transportation industry, which is essential for economic growth and trade.
  • Considering the current stock price, investing in Canadian National Railway Company may present a favorable opportunity for investors.

Cons

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

  • While Canadian National Railway Company has a strong market presence, it faces competition from other rail and transportation companies.
  • Investing in the transportation industry can be subject to economic fluctuations and regulatory changes, which may impact the company's performance.
  • As with any investment, there are inherent risks involved, and the value of Canadian National Railway Company's stock can fluctuate.
  • Investors should carefully consider their investment goals and risk tolerance before investing in Canadian National Railway Company.
  • It is important to stay updated with the latest financial and market information to make informed investment decisions.














CNI Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian National Railway stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 1 sell rating, 14 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

18 Wall Street analysts have issued 12 month price targets for Canadian National Railway's stock. Their CNI share price targets range from $83.00 to $170.00. On average, they predict the company's stock price to reach $128.42 in the next year. This suggests a possible upside of 9.0% 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 on January 1st, 2023. Since then, CNI stock has decreased by 0.9% and is now trading at $117.78.
View the best growth stocks for 2023 here.

Are investors shorting Canadian National Railway?

Canadian National Railway saw a increase in short interest in November. As of November 15th, there was short interest totaling 11,000,000 shares, an increase of 25.7% from the October 31st total of 8,750,000 shares. Based on an average daily volume of 1,260,000 shares, the days-to-cover ratio is currently 8.7 days. Currently, 1.8% of the shares of the 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, January 23rd 2024.
View our CNI earnings forecast.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) posted its quarterly earnings data on Tuesday, October, 24th. The transportation company reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.29 by $0.03. The transportation company had revenue of $2.97 billion for the quarter, compared to analyst estimates of $3.01 billion. Canadian National Railway had a net margin of 29.08% and a trailing twelve-month return on equity of 23.53%.

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 Tuesday, October 24th. Shareholders of record on Thursday, December 7th will be given a dividend of $0.5811 per share on Thursday, December 28th. This represents a $2.32 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, December 6th.
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 1.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 39.08% 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).

Who are Canadian National Railway's major shareholders?

Canadian National Railway's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (3.08%), Massachusetts Financial Services Co. MA (2.59%), Bank of New York Mellon Corp (2.10%), Caisse DE Depot ET Placement DU Quebec (2.02%), TD Asset Management Inc (1.74%) and Mackenzie Financial Corp (1.58%).
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.

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
This page (NYSE:CNI) was last updated on 12/11/2023 by MarketBeat.com Staff

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