NYSE:CNI

Canadian National Railway Stock Forecast, Price & News

$109.68

-1.90 (-1.70 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$109.66

Now: $109.68▼

$112.35

50-Day Range

$106.47

MA: $110.69▼

$116.06

52-Week Range

$65.13

Now: $109.68▼

$116.16

Volume586,485 shs

Average Volume708,338 shs

Market Capitalization$78.05 billion

P/E Ratio30.64

Dividend Yield1.61%

Beta0.83

Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods comprises petroleum and chemicals, fertilizers, coal, metals and minerals, forest products, grain, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track in Canada and mid-America ranging from the Atlantic and Pacific oceans to the Gulf of Mexico. The company also provides trucking services, such as door-to-door, import and export dray, interline, and other specialized services; and supply chain services, which include transloading and distribution, customs brokerage, freight forwarding, marine shipping, and private car storage services, as well as operates logistics parks. It serves the cities and ports of Vancouver, Prince Rupert, Montreal, Halifax, New Orleans, and Mobile (Alabama), as well as the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth/Superior, and Jackson with connections to various points in North America. Canadian National Railway Company was founded in 1919 and is headquartered in Montreal, Canada.

MarketRank^™

Overall MarketRank^™

1.88 out of 5 stars

2.2 Analyst's Opinion

Consensus Rating
Canadian National Railway has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 8 buy ratings, 12 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $116.74, Canadian National Railway has a forecasted upside of 6.4% from its current price of $109.68.
Amount of Analyst Coverage
Canadian National Railway has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Canadian National Railway has received 628 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian National Railway has received 915 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian National Railway has received 59.30% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian National Railway and other stocks. Vote “Outperform” if you believe CNI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CNI will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Canadian National Railway pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian National Railway does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian National Railway is 41.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Canadian National Railway will have a dividend payout ratio of 36.89% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian National Railway insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Canadian National Railway is held by insiders.
Percentage Held by Institutions
54.23% of the stock of Canadian National Railway is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Canadian National Railway are expected to grow by 19.02% in the coming year, from $4.10 to $4.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian National Railway is 30.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian National Railway is 30.64, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.12.
Price to Earnings Growth Ratio
Canadian National Railway has a PEG Ratio of 3.36. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian National Railway has a P/B Ratio of 5.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Railroads, line-haul operating

Sub-IndustryN/A

SectorTransportation

Current SymbolNYSE:CNI

Previous Symbol

CUSIPN/A

CIK16868

Webwww.cn.ca

Phone514-399-7091

Employees25,975

Debt

Debt-to-Equity Ratio0.67

Current Ratio1.05

Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio30.64

Forward P/E Ratio26.75

P/E Growth3.36

Sales & Book Value

Annual Sales$11.30 billion

Price / Sales6.91

Cash Flow$6.00 per share

Price / Cash Flow18.27

Book Value$19.09 per share

Price / Book5.75

Profitability

EPS (Most Recent Fiscal Year)$4.39

Net Income$3.18 billion

Net Margins24.90%

Return on Equity19.55%

Return on Assets8.12%

Miscellaneous

Outstanding Shares711,624,000

Market Cap$78.05 billion

Next Earnings Date1/26/2021 (Confirmed)

OptionableOptionable

$109.68

-1.90 (-1.70 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian National Railway (NYSE:CNI) Frequently Asked Questions

How has Canadian National Railway's stock price been impacted by Coronavirus (COVID-19)?

Canadian National Railway's stock was trading at $77.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNI stock has increased by 41.8% and is now trading at $109.68.
View which stocks have been most impacted by COVID-19.

Is Canadian National Railway a buy right now?

20 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 8 buy ratings for the stock. The consensus among Wall Street equities 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.
View analyst ratings for Canadian National Railway or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Canadian National Railway?

Wall Street analysts have given Canadian National Railway a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian National Railway wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian National Railway's next earnings date?

Canadian National Railway is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Canadian National Railway.

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

Canadian National Railway will be holding an earnings conference call on Tuesday, January 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) released its earnings results on Tuesday, October, 20th. The transportation company reported $1.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.09 by $0.29. The transportation company had revenue of $3.41 billion for the quarter, compared to analysts' expectations of $3.49 billion. Canadian National Railway had a net margin of 24.90% and a return on equity of 19.55%. The company's quarterly revenue was down 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.66 EPS.
View Canadian National Railway's earnings history.

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, October 20th. Stockholders of record on Wednesday, December 9th will be given a dividend of $0.432 per share on Wednesday, December 30th. This represents a $1.73 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date is Tuesday, December 8th. This is an increase from Canadian National Railway's previous quarterly dividend of $0.43.
View Canadian National Railway's dividend history.

Is Canadian National Railway a good dividend stock?

Canadian National Railway pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.61%. The dividend payout ratio of Canadian National Railway is 41.00%. 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 36.89% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.
View Canadian National Railway's dividend history.

What price target have analysts set for CNI?

20 Wall Street analysts have issued 1 year price objectives for Canadian National Railway's stock. Their forecasts range from $79.00 to $165.00. On average, they anticipate Canadian National Railway's share price to reach $116.74 in the next year. This suggests a possible upside of 6.4% from the stock's current price.
View analysts' price targets for Canadian National Railway or view Wall Street analyst' top-rated stocks.

Are investors shorting Canadian National Railway?

Canadian National Railway saw a drop in short interest in December. As of December 31st, there was short interest totaling 1,340,000 shares, a drop of 22.5% from the December 15th total of 1,730,000 shares. Based on an average daily volume of 712,100 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.2% of the shares of the company are short sold.
View Canadian National Railway's Short Interest.

Who are some of Canadian National Railway's key competitors?

Some companies that are related to Canadian National Railway include Union Pacific (UNP), CSX (CSX), Norfolk Southern (NSC), Canadian Pacific Railway (CP), Central Japan Railway (CJPRY), Kansas City Southern (KSU), Guangshen Railway (GSHHY) and Guangshen Railway (GSH).
View all of CNI's competitors.

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 CA (CA), BlackRock (BLK), Canadian National Railway Company (CNR.TO) (CNR), Chipotle Mexican Grill (CMG), Micron Technology (MU), NVIDIA (NVDA), The Walt Disney (DIS), AT&T (T), Pfizer (PFE) and Starbucks (SBUX).

Who are Canadian National Railway's key executives?

Canadian National Railway's management team includes the following people:

Mr. Jean-Jacques Ruest, Pres, CEO & Director (Age 65)
Mr. Ghislain Houle, Exec. VP & CFO (Age 56)
Mr. Robert E. Reilly, Exec. VP & COO (Age 55)
Mr. Sean Finn, Exec. VP of Corp. Services, Chief Legal Officer & Corp. Sec. (Age 61)
Ms. Dorothea Klein, Sr. VP & Chief HR Officer
Mr. Salvatore Forgione, VP of Accounting & Corp. Comptroller
Mr. Dominique Malenfant, Exec. VP and Chief Information & Technology Officer (Age 58)
Mr. Paul Butcher, Vice-Pres of Investor Relations
Ms. Fiona Murray, Vice-Pres of Public & Gov. Affairs
Mr. Keith Donald Reardon, Sr. Vice-Pres of Consumer Product Supply Chain Growth

What is Canadian National Railway's stock symbol?

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

Who are Canadian National Railway's major shareholders?

Canadian National Railway's stock is owned by a variety of institutional and retail investors. Top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.23%), Addenda Capital Inc. (0.09%), Cardinal Capital Management Inc. (0.08%), Raub Brock Capital Management LP (0.03%), Patten & Patten Inc. TN (0.01%) and Crossmark Global Holdings Inc. (0.01%).
View institutional ownership trends for Canadian National Railway.

Which institutional investors are selling Canadian National Railway stock?

CNI stock was sold by a variety of institutional investors in the last quarter, including Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Cardinal Capital Management Inc., Raub Brock Capital Management LP, Crossmark Global Holdings Inc., Forte Capital LLC ADV, OLD National Bancorp IN, Patten & Patten Inc. TN, and Harrington Investments INC.
View insider buying and selling activity for Canadian National Railway or view top insider-selling stocks.

Which institutional investors are buying Canadian National Railway stock?

CNI stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Meridian Wealth Management LLC, Trust Co. of Toledo NA OH, Raymond James Trust N.A., Boston Trust Walden Corp, Stokes Capital Advisors LLC, Ritholtz Wealth Management, and NuWave Investment Management LLC.
View insider buying and selling activity for Canadian National Railway or or view top insider-buying stocks.

How do I buy shares of Canadian National Railway?

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.

What is Canadian National Railway's stock price today?

One share of CNI stock can currently be purchased for approximately $109.68.

How big of a company is Canadian National Railway?

Canadian National Railway has a market capitalization of $78.05 billion and generates $11.30 billion in revenue each year. The transportation company earns $3.18 billion in net income (profit) each year or $4.39 on an earnings per share basis. Canadian National Railway employs 25,975 workers across the globe.

What is Canadian National Railway's official website?

The official website for Canadian National Railway is www.cn.ca.

How can I contact Canadian National Railway?

Canadian National Railway's mailing address is 935 DE LA GAUCHETIERE ST W, MONTREAL A8, H3B 2M9. The transportation company can be reached via phone at 514-399-7091.

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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