Canadian National Railway (CNR) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNR, but not buy additional shares or sell existing shares.
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8 Wall Street analysts have issued 12 month price objectives for Canadian National Railway's shares. Their CNR share price forecasts range from C$150.00 to C$192.00. On average, they predict the company's share price to reach C$170.20 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
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Canadian National Railway's stock was trading at C$160.84 at the start of the year. Since then, CNR stock has decreased by 8.5% and is now trading at C$147.09.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our CNR earnings forecast.

Canadian National Railway (TSE:CNR) released its quarterly earnings data on Tuesday, July, 25th. The company reported $1.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.83 by $0.07. The firm earned $4.06 billion during the quarter, compared to the consensus estimate of $4.18 billion. Canadian National Railway had a net margin of 30.20% and a trailing twelve-month return on equity of 24.97%. During the same quarter in the prior year, the company earned $1.93 earnings per share.

Canadian National Railway declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.79 per share on Friday, September 29th. This represents a $3.16 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for CNR.

Canadian National Railway (TSE:CNR) pays an annual dividend of C$3.16 per share and currently has a dividend yield of 2.11%. The dividend payout ratio is 40.46%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CNR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian National Railway investors own include Intact Financial (IFC), Constellation Software (CSU), Toronto-Dominion Bank (TD), Alimentation Couche-Tard (ATD.B), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), BCE (BCE), Enbridge (ENB), Canadian National Railway (CNI) and Dollarama (DOL).

Canadian National Railway trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CNR."

Shares of CNR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CNR stock can currently be purchased for approximately C$147.09.

Canadian National Railway (TSE:CNR) has a market capitalization of C$96.43 billion and generates C$17.43 billion in revenue each year. The company earns C$5.26 billion in net income (profit) each year or C$7.81 on an earnings per share basis.

The company employs 25,178 workers across the globe.

Canadian National Railway's mailing address is 935 de la Gauchetiere St W, MONTREAL, QC H3B 2M9, Canada. The official website for the company is www.cn.ca. The company can be reached via phone at +1-514-3996569.