Canadian National Railway Stock Forecast, Price & News

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 15 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Canadian National Railway stock. 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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23 brokerages have issued 12 month price objectives for Canadian National Railway's stock. Their CNI stock forecasts range from $115.00 to $176.00. On average, they anticipate Canadian National Railway's share price to reach $147.41 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
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Canadian National Railway's stock was trading at $122.86 at the beginning of the year. Since then, CNI shares have decreased by 7.8% and is now trading at $113.31.
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Canadian National Railway saw a drop in short interest in June. As of June 15th, there was short interest totaling 3,880,000 shares, a drop of 20.7% from the May 31st total of 4,890,000 shares. Based on an average daily volume of 1,490,000 shares, the short-interest ratio is currently 2.6 days. Approximately 0.6% of the shares of the company are short sold.
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Canadian National Railway is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
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Canadian National Railway will be holding an earnings conference call on Tuesday, July 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Canadian National Railway (NYSE:CNI) announced its quarterly earnings results on Tuesday, April, 26th. The transportation company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.08 by $0.04. The transportation company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.67 billion. Canadian National Railway had a net margin of 33.00% and a trailing twelve-month return on equity of 19.71%. Canadian National Railway's revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.97 EPS.
View Canadian National Railway's earnings history.

Canadian National Railway announced a quarterly dividend on Tuesday, April 26th. Investors of record on Thursday, June 9th will be given a dividend of $0.586 per share on Thursday, June 30th. This represents a $2.34 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Wednesday, June 8th. This is an increase from Canadian National Railway's previous quarterly dividend of $0.58.
View Canadian National Railway's dividend history.

Canadian National Railway(NYSE:CNI) pays an annual dividend of $2.32 per share and currently has a dividend yield of 2.05%. Canadian National Railway does not yet have a strong track record of dividend growth. The dividend payout ratio of Canadian National Railway is 42.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian National Railway will have a dividend payout ratio of 37.97% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.
View Canadian National Railway's dividend history.

Canadian National Railway updated its FY 2022 earnings guidance on Tuesday, April, 26th. The company provided EPS guidance of $5.390-$5.630 for the period, compared to the consensus estimate of $4.520. The company issued revenue guidance of -.

125 employees have rated Canadian National Railway CEO Jean-Jacques Ruest on Glassdoor.com. Jean-Jacques Ruest has an approval rating of 46% among Canadian National Railway's employees. This puts Jean-Jacques Ruest in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Canadian National Railway include Union Pacific (UNP), Canadian Pacific Railway (CP), CSX (CSX), Norfolk Southern (NSC), Guangshen Railway (GSHHY) and Pioneer Railcorp (PRRR).
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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 many different institutional and retail investors. Top institutional shareholders include Rempart Asset Management Inc. (0.03%) and First Financial Bank Trust Division (0.01%).
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CNI stock was sold by a variety of institutional investors in the last quarter, including Rempart Asset Management Inc..
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CNI stock was bought by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division.
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Shares of CNI 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 $113.31.

Canadian National Railway (NYSE:CNI) has a market capitalization of $78.15 billion and generates $11.55 billion in revenue each year. The transportation company earns $3.90 billion in net income (profit) each year or $5.44 on an earnings per share basis.

Canadian National Railway employs 22,604 workers across the globe.

Canadian National Railway was founded in 1919.

Canadian National Railway's mailing address is 935 DE LA GAUCHETIERE ST W, MONTREAL A8, H3B 2M9. The official website for Canadian National Railway is www.cn.ca. The transportation company can be reached via phone at (888) 888-5909 or via fax at 514-399-6090.