Canadian National Railway - CNI Stock Forecast, Price & News

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 14 hold ratings and 9 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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23 analysts have issued 12-month price targets for Canadian National Railway's stock. Their CNI share price forecasts range from $115.00 to $176.00. On average, they anticipate the company's share price to reach $142.24 in the next twelve months. This suggests a possible upside of 11.4% 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 increased by 3.9% and is now trading at $127.71.
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Canadian National Railway saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,180,000 shares, a drop of 8.0% from the July 15th total of 5,630,000 shares. Based on an average trading volume of 1,360,000 shares, the short-interest ratio is presently 3.8 days. Approximately 0.8% of the company's shares are sold short.
View Canadian National Railway's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our CNI earnings forecast.

Canadian National Railway (NYSE:CNI) posted its quarterly earnings data on Monday, October, 18th. The transportation company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.40. The transportation company had revenue of $3.59 billion for the quarter, compared to analysts' expectations of $3.51 billion. Canadian National Railway had a trailing twelve-month return on equity of 20.63% and a net margin of 33.32%. The business's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $1.04 EPS.

Canadian National Railway announced a quarterly dividend on Tuesday, July 26th. Stockholders of record on Thursday, September 8th will be given a dividend of $0.569 per share on Thursday, September 29th. This represents a $2.28 annualized dividend and a yield of 1.78%. The ex-dividend date is Wednesday, September 7th.
Read our dividend analysis for CNI.

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 37.42% 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 (EPS) guidance of $5.35-$5.59 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional shareholders include TD Asset Management Inc. (1.80%), Egerton Capital UK LLP (1.72%), Mackenzie Financial Corp (1.72%), Jarislowsky Fraser Ltd (1.53%), Deutsche Bank AG (1.27%) and Bank of Nova Scotia (0.85%).
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 $127.71.

Canadian National Railway (NYSE:CNI) has a market capitalization of $87.42 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 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 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.