Canadian National Railway Company is engaged in the rail and related transportation business. The Company's network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America. Its network and connections to all Class I railroads provide its customers access to the three North American Free Trade Agreement nations. It carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. Its freight includes seven commodity representing a portfolio of goods.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Railroads
- Sub-Industry: N/A
- Symbol: NYSE:CNI
- CUSIP: N/A
- Web: www.cn.ca
- Market Cap: $58.23 billion
- Outstanding Shares: 756,099,000
- 50 Day Moving Avg: $74.23
- 200 Day Moving Avg: $70.70
- 52 Week Range: $55.73 - $77.53
Sales & Book Value:
- Trailing P/E Ratio: 21.70
- Foreward P/E Ratio: 18.74
- P/E Growth: 4.17
- Annual Revenue: $9.01 billion
- Price / Sales: 6.46
- Book Value: $14.43 per share
- Price / Book: 5.34
- Annual Dividend: $1.12
- Dividend Yield: 1.7%
- EBIDTA: $4.87 billion
- Net Margins: 30.29%
- Return on Equity: 24.02%
- Return on Assets: 9.79%
- Debt-to-Equity Ratio: 0.64%
- Current Ratio: 0.70%
- Quick Ratio: 0.58%
- Average Volume: 1.11 million shs.
- Beta: 1.07
- Short Ratio: 5.73
Frequently Asked Questions for Canadian National Railway (NYSE:CNI)
What is Canadian National Railway's stock symbol?
Canadian National Railway trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNI."
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, April 25th. Shareholders of record on Friday, June 9th will be given a dividend of $0.3059 per share on Friday, June 30th. This represents a $1.22 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Wednesday, June 7th. View Canadian National Railway's Dividend History.
How were Canadian National Railway's earnings last quarter?
Canadian National Railway (NYSE:CNI) issued its earnings results on Tuesday, January, 24th. The company reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.32. The company had revenue of $3.22 billion for the quarter, compared to analyst estimates of $2.32 billion. Canadian National Railway had a net margin of 30.29% and a return on equity of 24.02%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.18 earnings per share. View Canadian National Railway's Earnings History.
What guidance has Canadian National Railway issued on next quarter's earnings?
Canadian National Railway issued an update on its FY17 earnings guidance on Monday, April, 24th. The company provided earnings per share (EPS) guidance of $4.95-5.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.05.
Where is Canadian National Railway's stock going? Where will Canadian National Railway's stock price be in 2017?
20 equities research analysts have issued 12-month target prices for Canadian National Railway's stock. Their predictions range from $64.00 to $95.00. On average, they expect Canadian National Railway's share price to reach $80.07 in the next twelve months. View Analyst Ratings for Canadian National Railway.
What are analysts saying about Canadian National Railway stock?
Here are some recent quotes from research analysts about Canadian National Railway stock:
- 1. According to Zacks Investment Research, "We are impressed by Canadian National's efforts to control costs. Lower costs have benefited the company's fourth-quarter earnings per share. The bottom line not only surpassed expectations but also expanded significantly on a year-over-year basis. Operating ratio (operating expenses as a percentage of revenues) came in at 56.6% in the quarter compared with 57.2% a year ago. Apart from the earnings beat, the company's revenues also increased on a year-over-year basis. However, the top line lagged expectations, mainly due to coal woes. Coal-related headwinds resulted in the shares of company underperforming the Zacks-categorized Transportation- Rail industry in the last one year. Nonetheless, we are impressed by the company's initiatives to reward investors. Further, we also laud the company's C$2.5 billion 2017 capital investment plan. The plan complements its efforts to promote safety along with enhancing productivity." (3/2/2017)
- 2. Loop Capital analysts commented, "With the railroad operating ratio falling from 89 percent at the time of the IPO to ~56 percent this year, and with pricing continuing to outpace productivity-adjusted cost inflation, it's only a matter of time before management will be forced to choose whether or not to cross the 50 percent Rubicon, triggering greater regulatory scrutiny including possible re-regulation," analyst Rick Paterson wrote in a note.Paterson said the business should remain "somewhat stagnant" in to 2017 due to weak energy markets and lower demand from industries. However, grain and intermodal are the two bright spots in otherwise dull story.Related Link: The Week In Rails: Carloads For The Big 6The analyst expects the company's intermodal volumes in 2017 to be positive versus year-to-date decline of 2.2 percent in 2016. In terms of materiality, intermodal and agriculture combined represent 40 percent of total year-to-date sales at Canadian National.Meanwhile, pricing is inflating faster than costs and the analyst expects 2017 core pricing to be in the low- to mid-2 percent range. In fact, the Canadian Transportation Agency, in formulating its latest grain cap projects the company's (and Canadian Pacific Railway Limited (USA) (NYSE: CP)'s) wage and benefits inflation in 2016/2017 projected to be 1.4 percent, materials inflation of 1.5 percent, and other non-fuel items up 1.2 percent. "So the margin story isn't, quite, over for CN, and if we factor in some headwind from likely higher fuel prices in 2017 we still come up with a 60 basis point improvement in the operating ratio to 55.1 percent and EPS a little over $5/share," (9/26/2016)
Who are some of Canadian National Railway's key competitors?
Some companies that are related to Canadian National Railway include Union Pacific (UNP), Norfolk Southern Corp. (NSC), Canadian Pacific Railway Limited (CP), Kansas City Southern (KSU), Westinghouse Air Brake Technologies Corp (WAB), Genesee & Wyoming (GWR), Trinity Industries (TRN), Greenbrier Companies (GBX), American Railcar Industries (ARII), USD Partners LP (USDP), FreightCar America (RAIL) and L.B. Foster Co (FSTR).
Who are Canadian National Railway's key executives?
Canadian National Railway's management team includes the folowing people:
- Robert L. Pace, Independent Chairman of the Board
- Luc Jobin, President, Chief Executive Officer, Director
- Ghislain Houle, Chief Financial Officer, Executive Vice President
- Mike Cory, Chief Operating Officer, Executive Vice President
- John Frederick Orr, Senior Vice President - Southern Region
- Kimberly A. Madigan, Vice President - Human Resources
- Salvatore Forgione, Vice President of Investor Relations
- Shauneen Elizabeth Bruder, Independent Director
- Donald J. Carty, Independent Director
- V. Maureen Kempston Darkes LL.D., Independent Director
Who owns Canadian National Railway stock?
Canadian National Railway's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (5.63%), Wellington Management Group LLP (4.01%), TD Asset Management Inc. (2.38%), Caisse DE Depot ET Placement DU Quebec (2.38%), Bill & Melinda Gates Foundation Trust (2.27%) and FMR LLC (2.07%). View Institutional Ownership Trends for Canadian National Railway.
Who sold Canadian National Railway stock? Who is selling Canadian National Railway stock?
Canadian National Railway's stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Swiss National Bank, Russell Investments Group Ltd., Bank of Nova Scotia, Great West Life Assurance Co. Can, Candriam Luxembourg S.C.A., Sentry Investments Corp. and Korea Investment CORP. View Insider Buying and Selling for Canadian National Railway.
Who bought Canadian National Railway stock? Who is buying Canadian National Railway stock?
Canadian National Railway's stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, William Blair Investment Management LLC, Vanguard Group Inc., OppenheimerFunds Inc., Beutel Goodman & Co Ltd., Bank of America Corp DE, Wells Fargo & Company MN and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Canadian National Railway.
How do I buy Canadian National Railway stock?
Shares of Canadian National Railway can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Canadian National Railway's stock price today?
MarketBeat Community Rating for Canadian National Railway (NYSE CNI)MarketBeat's community ratings are surveys of what our community members think about Canadian National Railway and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Canadian National Railway stock can currently be purchased for approximately $77.01.
Earnings History for Canadian National Railway (NYSE:CNI)Earnings History by Quarter for Canadian National Railway (NYSE:CNI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/24/2017||Q416||$0.91||$1.23||$2.32 billion||$3.22 billion||View||N/A|
|10/25/2016||Q316||$0.92||$1.25||$2.39 billion||$3.01 billion||View||Listen|
|7/25/2016||Q216||$1.09||$1.11||$3.00 billion||$2.84 billion||View||N/A|
|4/25/2016||Q116||$0.93||$1.00||$3.11 billion||$2.96 billion||View||N/A|
|1/26/2016||Q415||$1.12||$1.18||$3.28 billion||$3.20 billion||View||N/A|
|10/27/2015||Q315||$1.15||$0.95||$3.20 billion||$3.22 billion||View||Listen|
|7/20/2015||Q215||$0.84||$0.93||$3.17 billion||$3.13 billion||View||Listen|
|4/20/2015||Q115||$0.68||$0.70||$3.06 billion||$3.10 billion||View||N/A|
|1/27/2015||Q414||$0.84||$0.90||$3.08 billion||$3.21 billion||View||N/A|
|10/21/2014||Q314||$0.95||$0.93||$3.13 billion||$3.12 billion||View||Listen|
|7/21/2014||Q214||$0.92||$0.96||$3.12 billion||$3.12 billion||View||N/A|
|4/22/2014||Q1 2014||$0.57||$0.60||$2.64 billion||$2.69 billion||View||N/A|
|7/22/2013||Q213||$1.62||$1.66||$2.70 billion||$2.67 billion||View||N/A|
|4/22/2013||Q113||$1.22||$1.22||$2.49 billion||$2.47 billion||View||N/A|
|1/22/2013||$1.40||$1.41||$2.56 billion||$2.54 billion||View||N/A|
Earnings Estimates for Canadian National Railway (NYSE:CNI)
2017 EPS Consensus Estimate: $3.78
2018 EPS Consensus Estimate: $4.10
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Canadian National Railway (NYSE:CNI)
|Dividend Growth:||11.30% (3 Year Average)|
|Payout Ratio:||31.73% (Trailing 12 Months of Earnings) |
29.71% (Based on This Year's Estimates)
27.25% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Canadian National Railway (NYSE:CNI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Canadian National Railway (NYSE:CNI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Canadian National Railway (NYSE:CNI)
Latest Headlines for Canadian National Railway (NYSE:CNI)
|Canadian National Railway's (CNI) Neutral Rating Reaffirmed at Credit Suisse Group AG|
www.americanbankingnews.com - May 28 at 10:26 AM
|CN receives strike notice from union representing train conductors in Canada|
finance.yahoo.com - May 27 at 9:50 PM
|Canadian National Railway (CNI) PT Raised to $78 at Credit Suisse on Positive Weekly Rail Volume Data - StreetInsider.com|
www.streetinsider.com - May 25 at 5:59 PM
|A Snapshot of Canadian Pacific Railway’s Week 19 Freight Traffic|
finance.yahoo.com - May 25 at 5:59 PM
|Rail traffic seen as positive for Canadian National Railway|
seekingalpha.com - May 25 at 2:12 PM
|CNI’s Intermodal Growth Continued in Week 19|
finance.yahoo.com - May 24 at 12:42 PM
|Canadian US Freight Rail Traffic Rose in Week 19|
finance.yahoo.com - May 23 at 4:21 PM
|Canadian National Railway (CNI) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - May 23 at 2:20 PM
|Why All Portfolios Need Canadian National Railway Company|
www.fool.ca - May 19 at 4:18 PM
|Canadian National Railway Co. breached its 50 day moving average in a Bullish Manner : CNI-US : May 19, 2017|
finance.yahoo.com - May 19 at 8:38 AM
|Attention Canadian National Railway Company Investors: Bill Gates Could Up His Stake in the Railroad|
www.fool.ca - May 18 at 11:04 AM
|Canadian National Railway (CNI) Given Equal Weight Rating at Barclays PLC|
www.americanbankingnews.com - May 17 at 5:56 PM
|Canada boosts ownership limit for CN Rail, opens door to airline JVs - Seeking Alpha|
seekingalpha.com - May 17 at 4:28 PM
|Canadian National Railway (CNI): Raising PT On Freight Share Gains - Barclays - StreetInsider.com|
www.streetinsider.com - May 17 at 4:28 PM
|Has the Train Left the Station at Canadian National Railway Company?|
www.fool.ca - May 16 at 9:24 AM
|CN gives $100,000 to Canadian Red Cross spring flood appeal|
finance.yahoo.com - May 9 at 4:22 PM
|Cloud Nine Closes Second Tranche of Private Placement|
finance.yahoo.com - May 8 at 9:54 AM
| Brokerages Expect Canadian National Railway (CNI) Will Announce Quarterly Sales of $2.31 Billion|
www.americanbankingnews.com - May 6 at 8:46 AM
|Canadian National Railway Reports Record Volumes, but 2 Important Things Bear Watching|
www.fool.com - May 5 at 7:19 AM
|Somewhat Favorable News Coverage Unlikely to Impact Canadian National Railway (CNI) Stock Price|
www.americanbankingnews.com - May 4 at 5:14 PM
|Canadian National Railway (CNI) Expected to Announce Earnings of $0.93 Per Share|
www.americanbankingnews.com - May 4 at 1:24 PM
|Is Canadian National Railway Company a Buy at ~$100?|
www.fool.ca - May 3 at 4:23 PM
|Canadian National Railway (CNI) Earning Somewhat Positive Press Coverage, Study Shows|
www.americanbankingnews.com - May 1 at 6:26 PM
|Canadian National Railway’s Intermodal Traffic Surged in Week 16|
finance.yahoo.com - May 1 at 4:21 PM
|Canadian National Railway (CNI) Receives Media Sentiment Rating of 0.20|
www.americanbankingnews.com - April 29 at 12:02 AM
|Canadian National Railway (CNI) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - April 28 at 4:39 PM
|ETFs with exposure to Canadian National Railway Co. : April 27, 2017|
finance.yahoo.com - April 27 at 4:51 PM
|FY2018 EPS Estimates for Canadian National Railway (CNI) Cut by Analyst|
www.americanbankingnews.com - April 27 at 4:38 PM
|Canadian National Railway to Post FY2017 Earnings of $3.74 Per Share, Cormark Forecasts (CNI)|
www.americanbankingnews.com - April 27 at 1:38 PM
|Canadian National Railway Co. breached its 50 day moving average in a Bearish Manner : CNI-US : April 27, 2017|
finance.yahoo.com - April 27 at 11:24 AM
|Canadian National Railway's (CNI) Neutral Rating Reaffirmed at Barclays PLC|
www.americanbankingnews.com - April 27 at 10:42 AM
|Q2 2017 EPS Estimates for Canadian National Railway (CNI) Boosted by National Bank Financial|
www.americanbankingnews.com - April 27 at 9:46 AM
|Canadian National (CNI) Beats on Q1 Earnings & Revenues - Nasdaq|
www.nasdaq.com - April 26 at 10:27 PM
|Canadian National Railway (CNI) PT Raised to $74 at Stifel on 1Q EPS Beat & 2017 Guidance Raise - StreetInsider.com|
www.streetinsider.com - April 26 at 10:27 PM
|Canadian National Railway Co. :CNI-US: Earnings Analysis: Q1, 2017 By the Numbers : April 26, 2017|
finance.yahoo.com - April 26 at 5:26 PM
|CN signals and communications employees in Canada ratify new contract|
finance.yahoo.com - April 26 at 5:26 PM
|FY2017 EPS Estimates for Canadian National Railway Boosted by Analyst (CNI)|
www.americanbankingnews.com - April 26 at 1:21 PM
|Equities Analysts Offer Predictions for Canadian National Railway's Q2 2017 Earnings (CNI)|
www.americanbankingnews.com - April 26 at 10:35 AM
|Canadian National Railway (CNI) Given "Equal Weight" Rating at Barclays PLC|
www.americanbankingnews.com - April 25 at 10:06 PM
|Canadian National Railway (CNI) to Issue Quarterly Dividend of $0.31|
www.americanbankingnews.com - April 25 at 6:25 PM
|Canadian National Railway (CNI) Getting Somewhat Positive News Coverage, Analysis Finds|
www.americanbankingnews.com - April 25 at 5:10 PM
|CN Rail Impressive Q1 Report: 2017 Guidance Raised|
seekingalpha.com - April 25 at 4:12 PM
|Canadian National Railway's (CNI) Hold Rating Reaffirmed at Stifel Nicolaus|
www.americanbankingnews.com - April 25 at 1:01 PM
|Canadian National Railway EPS in-line, misses on revenue|
seekingalpha.com - April 25 at 12:09 PM
|Canadian National (CNI) Beats on Q1 Earnings & Revenues|
finance.yahoo.com - April 25 at 12:09 PM
|Canadian National Railway (CNI) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - April 24 at 6:58 PM
|CSX Posts Stellar Q1 Earnings: What's Ahead for Railroads?|
finance.yahoo.com - April 24 at 4:17 PM
|CN reports Q1-2017 net income of C$884 million, or C$1.16 per diluted share|
finance.yahoo.com - April 24 at 4:17 PM
|CN declares second-quarter 2017 dividend|
finance.yahoo.com - April 24 at 4:17 PM
|CN Rail's revenue rises 8 pct on higher freight volumes|
finance.yahoo.com - April 24 at 4:17 PM
Canadian National Railway (CNI) Chart for Monday, May, 29, 2017