Canadian National Railway Stock Forecast, Price & News

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 10 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Canadian National Railway stock.
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Canadian National Railway saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 12,640,000 shares, an increase of 117.9% from the May 13th total of 5,800,000 shares. Based on an average trading volume of 1,820,000 shares, the short-interest ratio is currently 6.9 days. Approximately 2.1% of the shares of the stock are sold short.
View Canadian National Railway's Short Interest.

Canadian National Railway is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Canadian National Railway.

Canadian National Railway will be holding an earnings conference call on Tuesday, July 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Canadian National Railway (NYSE:CNI) released its quarterly earnings results on Sunday, April, 25th. The transportation company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.24 by $0.01. The transportation company had revenue of $3.54 billion for the quarter, compared to analysts' expectations of $3.57 billion. Canadian National Railway had a trailing twelve-month return on equity of 19.63% and a net margin of 25.64%. The business's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.22 EPS.
View Canadian National Railway's earnings history.

Canadian National Railway's stock was trading at $77.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CNI stock has increased by 35.3% and is now trading at $104.68.
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Canadian National Railway announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Wednesday, June 9th will be given a dividend of $0.4964 per share on Wednesday, June 30th. This represents a $1.99 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Tuesday, June 8th. This is a boost from Canadian National Railway's previous quarterly dividend of $0.48.
View Canadian National Railway's dividend history.

Canadian National Railway pays an annual dividend of $0.89 per share and currently has a dividend yield of 0.84%. Canadian National Railway does not yet have a strong track record of dividend growth. The dividend payout ratio of Canadian National Railway is 22.47%. 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 16.48% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.
View Canadian National Railway's dividend history.

22 brokers have issued 1 year price targets for Canadian National Railway's shares. Their forecasts range from $95.00 to $160.00. On average, they anticipate Canadian National Railway's stock price to reach $128.88 in the next year. This suggests a possible upside of 23.1% from the stock's current price.
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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), CSX (CSX), Norfolk Southern (NSC), Canadian Pacific Railway (CP), Kansas City Southern (KSU) and Guangshen Railway (GSHHY).
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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), The 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 number of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (4.64%), Bank of Montreal Can (2.43%), Bill & Melinda Gates Foundation Trust (1.96%), TD Asset Management Inc. (1.87%), Caisse DE Depot ET Placement DU Quebec (1.67%) and Bank of New York Mellon Corp (1.48%).
View institutional ownership trends for Canadian National Railway.

CNI stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Bill & Melinda Gates Foundation Trust, FIL Ltd, The Manufacturers Life Insurance Company, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Toronto Dominion Bank, Massachusetts Financial Services Co. MA, and Eaton Vance Management.
View insider buying and selling activity for Canadian National Railway or view top insider-selling stocks.

CNI stock was acquired by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Bank of New York Mellon Corp, Russell Investments Group Ltd., Bank of Montreal Can, William Blair Investment Management LLC, Point72 Asset Management L.P., CIBC Asset Management Inc, and Assenagon Asset Management S.A..
View insider buying and selling activity for Canadian National Railway or or view top insider-buying stocks.

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 $104.68.

Canadian National Railway has a market capitalization of $74.21 billion and generates $10.32 billion in revenue each year. The transportation company earns $2.66 billion in net income (profit) each year or $3.96 on an earnings per share basis.

Canadian National Railway employs 24,381 workers across the globe.

The following companies are subsidiares of Canadian National Railway: Grand Trunk Corporation, Grand Trunk Western Railroad Company, Illinois Central Corporation, Illinois Central Railroad Company, North American Railways Inc., and Wisconsin Central Ltd.

Canadian National Railway was founded in 1919.

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

Canadian National Railway is headquartered at 935 DE LA GAUCHETIERE ST W, MONTREAL A8, H3B 2M9.

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.