Canadian National Railway - CNI Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 9 hold ratings and 8 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.
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17 brokers have issued twelve-month price targets for Canadian National Railway's stock. Their CNI share price forecasts range from $109.00 to $180.00. On average, they expect the company's share price to reach $141.43 in the next year. This suggests a possible upside of 13.3% from the stock's current price.
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Canadian National Railway's stock was trading at $122.86 at the start of the year. Since then, CNI stock has increased by 1.6% and is now trading at $124.82.
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Canadian National Railway saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 5,720,000 shares, an increase of 7.7% from the October 31st total of 5,310,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is presently 4.6 days. Currently, 0.9% of the shares of the company are short sold.
View Canadian National Railway's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our CNI earnings forecast.

Canadian National Railway (NYSE:CNI) released its quarterly earnings data on Tuesday, October, 25th. The transportation company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.12. The transportation company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.32 billion. Canadian National Railway had a trailing twelve-month return on equity of 22.23% and a net margin of 29.99%. The company's revenue for the quarter was up 25.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 earnings per share.

Canadian National Railway declared a quarterly dividend on Tuesday, October 25th. Investors of record on Thursday, December 8th will be given a dividend of $0.53 per share on Thursday, December 29th. This represents a $2.12 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Wednesday, December 7th.
Read our dividend analysis for CNI.

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.15 per share and currently has a dividend yield of 1.73%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 39.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 35.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNI.

Canadian National Railway issued an update on its FY 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $5.69-$5.69 for the period, compared to the consensus EPS estimate of $5.35. The company issued revenue guidance of -.

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.

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).

Canadian National Railway trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNI."

Canadian National Railway's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.21%), Massachusetts Financial Services Co. MA (3.18%), Bank of New York Mellon Corp (2.07%), TD Asset Management Inc. (1.80%), Mackenzie Financial Corp (1.77%) and Jarislowsky Fraser Ltd (1.50%).
View institutional ownership trends.

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.
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One share of CNI stock can currently be purchased for approximately $124.82.

Canadian National Railway (NYSE:CNI) has a market capitalization of $84.21 billion and generates $11.55 billion in revenue each year. The transportation company earns $3.90 billion in net income (profit) each year or $5.50 on an earnings per share basis.

The company employs 22,604 workers across the globe.

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.