Canadian National Railway Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 9 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian National Railway stock.
View analyst ratings for Canadian National Railway or view top-rated stocks.

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Canadian National Railway saw a increase in short interest in June. As of June 15th, there was short interest totaling 14,880,000 shares, an increase of 17.7% from the May 31st total of 12,640,000 shares. Based on an average daily trading volume, of 1,930,000 shares, the short-interest ratio is presently 7.7 days. Currently, 2.5% of the company's 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, October 19th 2021.
View our earnings forecast for Canadian National Railway.

Canadian National Railway (NYSE:CNI) released its quarterly earnings data on Monday, July, 19th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.48 by $0.01. The transportation company had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.63 billion. Canadian National Railway had a net margin of 28.27% and a trailing twelve-month return on equity of 20.00%. The company's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.28 earnings per share.
View Canadian National Railway's earnings history.

Canadian National Railway's stock was trading at $77.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CNI shares have increased by 37.6% and is now trading at $106.41.
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Canadian National Railway declared a quarterly dividend on Thursday, July 22nd. Stockholders of record on Wednesday, September 8th will be paid a dividend of $0.4827 per share on Wednesday, September 29th. This represents a $1.93 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Tuesday, September 7th.
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 16.92% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.
View Canadian National Railway's dividend history.

21 brokerages have issued 12 month price objectives for Canadian National Railway's stock. Their forecasts range from $110.00 to $160.00. On average, they anticipate Canadian National Railway's share price to reach $134.36 in the next year. This suggests a possible upside of 26.3% 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), Guangshen Railway (GSHHY) and Pioneer Railcorp (PRRR).
View all of CNI's competitors.

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 many different institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.18%), Cardinal Capital Management Inc. (0.08%), Baskin Financial Services Inc. (0.03%), DORCHESTER WEALTH MANAGEMENT Co (0.02%), Patten & Patten Inc. TN (0.01%) and Atwater Malick LLC (0.01%).
View institutional ownership trends for Canadian National Railway.

CNI stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, Raymond James Trust N.A., Stratos Wealth Partners LTD., and Taylor Cottrill Erickson & Associates Inc..
View insider buying and selling activity for Canadian National Railway or view top insider-selling stocks.

CNI stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Cardinal Capital Management Inc., Baskin Financial Services Inc., Harvest Management LLC, DAVENPORT & Co LLC, DORCHESTER WEALTH MANAGEMENT Co, Gradient Investments LLC, and Marshall Financial Group LLC.
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 $106.41.

Canadian National Railway has a market capitalization of $75.44 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 (888) 888-5909.