Canadian National Railway - CNI Stock Forecast, Price & News

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 12 hold ratings and 10 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.
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22 brokers have issued twelve-month price targets for Canadian National Railway's shares. Their CNI share price forecasts range from $109.00 to $176.00. On average, they anticipate the company's share price to reach $141.74 in the next year. This suggests a possible upside of 26.3% from the stock's current price.
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Canadian National Railway's stock was trading at $122.86 at the beginning of 2022. Since then, CNI stock has decreased by 8.6% and is now trading at $112.24.
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Canadian National Railway saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 6,350,000 shares, an increase of 16.7% from the August 31st total of 5,440,000 shares. Based on an average daily trading volume, of 1,100,000 shares, the short-interest ratio is presently 5.8 days. Approximately 1.0% of the company's shares are short sold.
View Canadian National Railway's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our CNI earnings forecast.

Canadian National Railway will be holding an earnings conference call on Tuesday, October 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Canadian National Railway (NYSE:CNI) issued its earnings results on Tuesday, July, 26th. The transportation company reported $1.51 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.14. The transportation company had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.17 billion. Canadian National Railway had a net margin of 33.32% and a trailing twelve-month return on equity of 20.63%.

Canadian National Railway declared a quarterly dividend on Tuesday, July 26th. Investors of record on Thursday, September 8th will be paid a dividend of $0.569 per share on Thursday, September 29th. This represents a $2.28 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Wednesday, September 7th.
Read our dividend analysis for CNI.

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.23 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 38.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 35.17% 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 updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $5.35-$5.59 for the period, compared to the consensus earnings per share estimate of $5.29. 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 retail and institutional investors. Top institutional investors include Rempart Asset Management Inc. (0.03%), Osher Van de Voorde Investment Management (0.02%), First Financial Bank Trust Division (0.01%), Birch Capital Management LLC (0.00%), New England Research & Management Inc. (0.00%) and Csenge Advisory Group (0.00%).
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 $112.24.

Canadian National Railway (NYSE:CNI) has a market capitalization of $76.56 billion and generates $11.55 billion in revenue each year. The transportation company earns $3.90 billion in net income (profit) each year or $5.75 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.