S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

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

$127.16
+0.13 (+0.10%)
(As of 04/18/2024 ET)
Today's Range
$126.45
$127.92
50-Day Range
$125.50
$132.83
52-Week Range
$103.96
$134.02
Volume
713,046 shs
Average Volume
989,323 shs
Market Capitalization
$81.22 billion
P/E Ratio
20.06
Dividend Yield
1.97%
Price Target
$134.33

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.15 Rating Score
Upside/​Downside
5.6% Upside
$134.33 Price Target
Short Interest
Healthy
1.13% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.49
Upright™ Environmental Score
News Sentiment
0.67mentions of Canadian National Railway in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.79%
From $5.94 to $6.70 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.

3.91 out of 5 stars

Transportation Sector

41st out of 106 stocks

Railroads, Line - Haul Operating Industry

5th out of 7 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

Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
3 Worry-Free Bill Gates Stocks to Buy and Hold
CN Rail releases new Indigenous relations policy
See More Headlines
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.

Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/28 Dividend
3/06/2024
Dividend Payable
3/28/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/23/2024
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
$134.33
High Stock Price Target
$170.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+5.6%
Consensus Rating
Hold
Rating Score (0-4)
2.15
Research Coverage
20 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
38.56%

Debt

Sales & Book Value

Annual Sales
$12.47 billion
Cash Flow
$7.61 per share
Book Value
$23.15 per share

Miscellaneous

Free Float
623,361,000
Market Cap
$81.22 billion
Optionable
Optionable
Beta
0.88

Social Links

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

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 track record of consistent growth and profitability, making it a reliable investment option.
  • The company has a diverse transportation and logistics portfolio, including rail, intermodal, trucking, and marine transportation, providing stability and resilience.
  • Recent strategic partnerships and acquisitions have expanded Canadian National Railway's market reach and potential for future growth.
  • With a vast network of over 20,000 route-miles of track, Canadian National Railway has a significant competitive advantage in the transportation industry.
  • The current stock price of Canadian National Railway is attractive for investors looking for a value opportunity.

Cons

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

  • Market volatility and economic uncertainties could impact the company's performance and stock price.
  • Regulatory changes or disruptions in the transportation industry could pose challenges for Canadian National Railway's operations.
  • Competitive pressures from other transportation companies may limit Canadian National Railway's market share and growth potential.
  • Environmental concerns and sustainability issues could affect the company's reputation and long-term viability.
  • Fluctuations in fuel prices and operating costs may impact Canadian National Railway's profitability and financial performance.
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 Wednesday, April 10, 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

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

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 17 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?

20 Wall Street analysts have issued twelve-month price targets for Canadian National Railway's shares. Their CNI share price targets range from $83.00 to $170.00. On average, they anticipate the company's share price to reach $134.33 in the next year. This suggests a possible upside of 5.6% 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 2024?

Canadian National Railway's stock was trading at $125.63 on January 1st, 2024. Since then, CNI shares have increased by 1.2% and is now trading at $127.16.
View the best growth stocks for 2024 here
.

Are investors shorting Canadian National Railway?

Canadian National Railway saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 7,000,000 shares, a decrease of 10.5% from the March 15th total of 7,820,000 shares. Based on an average daily trading volume, of 1,010,000 shares, the days-to-cover ratio is currently 6.9 days. Currently, 1.1% of the shares of the company 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, April 23rd 2024.
View our CNI earnings forecast
.

How can I listen to Canadian National Railway's earnings call?

Canadian National Railway will be holding an earnings conference call on Tuesday, April 23rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) announced its quarterly earnings results on Tuesday, January, 23rd. The transportation company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.02. The transportation company earned $3.28 billion during the quarter, compared to the consensus estimate of $3.25 billion. Canadian National Railway had a net margin of 33.38% and a trailing twelve-month return on equity of 23.56%.

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, January 23rd. Investors of record on Thursday, March 7th will be paid a dividend of $0.638 per share on Thursday, March 28th. This represents a $2.55 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Wednesday, March 6th. This is an increase from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for CNI
.

Is Canadian National Railway a good dividend stock?

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.51 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 39.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 37.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNI.

What guidance has Canadian National Railway issued on next quarter's earnings?

Canadian National Railway updated its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided EPS guidance of 5.880-5.880 for the period, compared to the consensus earnings per share estimate of 5.960. The company issued revenue guidance of -.

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 Xtrackers California Municipal Bond ETF (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 number of retail and institutional investors. Top institutional investors include Dixon Mitchell Investment Counsel Inc. (0.07%), Cardinal Capital Management Inc. (0.07%), Addenda Capital Inc. (0.07%), Osher Van de Voorde Investment Management (0.02%), Raub Brock Capital Management LP (0.02%) and Global Assets Advisory LLC (0.01%).
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.

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 4/19/2024 by MarketBeat.com Staff

From Our Partners