Should I buy or sell Canadian National Railway stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 5 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. View CNR analyst ratings or view top-rated stocks .

What is Canadian National Railway's stock price target for 2024?

13 Wall Street analysts have issued 1 year price objectives for Canadian National Railway's shares. Their CNR share price targets range from C$150.00 to C$192.00. On average, they expect the company's share price to reach C$166.13 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for CNR or view top-rated stocks among Wall Street analysts .

How have CNR shares performed in 2023?

Canadian National Railway's stock was trading at C$160.84 at the start of the year. Since then, CNR stock has decreased by 0.5% and is now trading at C$160.06. View the best growth stocks for 2023 here .

When is Canadian National Railway's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our CNR earnings forecast .

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (TSE:CNR) announced its quarterly earnings results on Tuesday, October, 24th. The company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.74 by $0.05. The company earned $3.99 billion during the quarter, compared to analysts' expectations of $4.09 billion. Canadian National Railway had a net margin of 29.08% and a trailing twelve-month return on equity of 23.42%.

How often does Canadian National Railway pay dividends? What is the dividend yield for Canadian National Railway?

Canadian National Railway announced a quarterly dividend on Tuesday, October 24th. Stockholders of record on Thursday, December 7th will be given a dividend of 0.79 per share on Thursday, December 28th. This represents a $3.16 annualized dividend and a yield of 1.97%. The ex-dividend date is Wednesday, December 6th. Read our dividend analysis for CNR .

Is Canadian National Railway a good dividend stock?

Canadian National Railway (TSE:CNR) pays an annual dividend of C$3.16 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 42.88%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CNR .

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 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) .

How do I buy shares of Canadian National Railway?

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. Compare Top Brokerages Here .

Canadian National Railway Stock Price, News & Analysis (TSE:CNR)

C$160.06

-0.81 (-0.50%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$160.02
▼
C$161.95
50-Day Range: C$144.12
▼
C$160.87
52-Week Range: C$143.13
▼
C$175.39

Volume: 789,162 shs
Average Volume: 1.23 million shs
Market Capitalization: C$103.67 billion

P/E Ratio: 21.72
Dividend Yield: 1.97%
Price Target: C$166.13

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating: Hold
2.23 Rating Score
Upside/Downside: 3.8% Upside
C$166.13 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.11
Based on 11 Articles This Week
Insider Trading: Selling Shares
C$919,978 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.91 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Canadian National Railway has received a consensus rating of Hold. The company's average rating score is 2.23, and is based on 5 buy ratings, 6 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$166.13, Canadian National Railway has a forecasted upside of 3.8% from its current price of C$160.06.
Amount of Analyst Coverage
Canadian National Railway has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CNR.

1.7

Dividend Strength

Dividend Yield
Canadian National Railway pays a meaningful dividend of 1.97%, 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 42.88%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CNR.

2.3

News and Social Media Coverage

News Sentiment
Canadian National Railway has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Canadian National Railway this week, compared to 3 articles on an average week.
Search Interest
8 people have searched for CNR on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian National Railway insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$919,978.00 in company stock.
Percentage Held by Insiders
Only 1.97% of the stock of Canadian National Railway is held by insiders.
Percentage Held by Institutions
74.18% 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian National Railway is 21.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian National Railway is 21.72, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 392.48.
Price to Earnings Growth Ratio
Canadian National Railway has a PEG Ratio of 2.38. 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 5.21. 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

About Canadian National Railway Stock (TSE:CNR)

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business. The company offers rail services, which include equipment, custom brokage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services including temperature controlled cargo, port partnership, transloading and distribution, logistic parks, customs brokerage, trucking, and moving grains in containers. It also provides trucking services, such as door-to-door services, import and export dray, interline services, and specialized services comprising flatbed trucks, on-deck mobile transport trays, expedited and temperature controlled cargo, and permit/overweight services; and supply chain services. In addition, it serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, and consumer goods applications. Further, the company operates a network of 20,000 route miles of track and shipping Canada and the United States. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.

CNR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CNR Stock News Headlines

December 8, 2023 | americanbankingnews.com

Q2 2024 Earnings Estimate for Canadian National Railway Issued By Zacks Research (TSE:CNR)

December 7, 2023 | finance.yahoo.com

CN acquiring Iowa Northern Railway

December 10, 2023 | Wealthpress (Ad)

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December 7, 2023 | americanbankingnews.com

Zacks Research Equities Analysts Decrease Earnings Estimates for Canadian National Railway (TSE:CNR)

December 5, 2023 | theglobeandmail.com

My Buy and Hold Portfolio is averaging almost 11 per cent annually

December 5, 2023 | finance.yahoo.com

Canadian National Railway Co's Dividend Analysis

December 1, 2023 | americanbankingnews.com

Canadian National Railway (TSE:CNR) Shares Cross Above 200 Day Moving Average of $153.56

November 28, 2023 | msn.com

Canada Revenue Agency: 1 Crucial TFSA Change You Need to Be Aware Of

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 27, 2023 | msn.com

Better Buy: CN Stock or CP Rail?

November 23, 2023 | msn.com

Down by 10.6%: Is it Time to Buy Canadian National Railway Stock?

November 11, 2023 | msn.com

Can Canada’s Dividend Aristocrats Keep it Up?

November 8, 2023 | finance.yahoo.com

CN Announces New Intermodal Service to Port of Gulfport

November 7, 2023 | msn.com

Canadian Blue Chips: The Perfect Hedge Against Surging Interest Rates?

November 6, 2023 | msn.com

How Safe Is Canadian National Railway’s Dividend Amidst Rising Operation Costs?

November 6, 2023 | msn.com

Compounding Interest With Dividends: Top Stocks for Savvy Canadian Investors

November 6, 2023 | msn.com

CNR Stock: Buy, Sell, or Hold?

November 1, 2023 | finance.yahoo.com

Canadian National Railway Company's (TSE:CNR) Intrinsic Value Is Potentially 17% Below Its Share Price

October 31, 2023 | theglobeandmail.com

CEO of massive rail project says hurdles abound – and express trains may be solution

October 27, 2023 | fool.ca

CNR Stock: Time to Buy the Dip?

October 26, 2023 | msn.com

What’s Next for CNR Stock After its Weak Q3 Earnings?

October 26, 2023 | msn.com

Canadian National Railway: Short-Term Hurdles Are Fleeting, Long-Term Growth Endures

October 24, 2023 | msn.com

CN Rail profits plummet as consumer demand falls and B.C. port strike takes its toll

October 24, 2023 | msn.com

Heard of COLI? Here’s What Every Canadian Investor Needs to Know

October 24, 2023 | finance.yahoo.com

CN Announces Third Quarter Results

October 24, 2023 | finance.yahoo.com

CN Declares Fourth-Quarter 2023 Dividend

October 20, 2023 | msn.com

Where Will CNR Stock Be in 5 Years?

See More Headlines

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Company Calendar

Ex-Dividend for 9/29 Dividend: 9/07/2023
Dividend Payable: 9/29/2023
Last Earnings: 10/24/2023
Ex-Dividend for 12/28 Dividend: 12/06/2023
Today: 12/10/2023
Dividend Payable: 12/28/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Railroads
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:CNR
CUSIP: N/A
CIK: N/A
Web: www.cn.ca
Phone: +1-514-3996569
Fax: N/A
Employees: 25,101
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$166.13
High Stock Price Target: C$192.00
Low Stock Price Target: C$150.00
Potential Upside/Downside: +3.8%
Consensus Rating: Hold
Rating Score (0-4): 2.23
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$7.37
Trailing P/E Ratio: 21.72
Forward P/E Ratio: 19.74
P/E Growth: 2.38
Net Income: C$4.91 billion
Net Margins: 29.08%
Pretax Margin: N/A
Return on Equity: 23.42%
Return on Assets: 9.31%

Debt

Debt-to-Equity Ratio: 94.19
Current Ratio: 0.72
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: C$16.90 billion
Price / Sales: 6.13
Cash Flow: C$0.56 per share
Price / Cash Flow: 285.86
Book Value: C$30.73 per share
Price / Book: 5.21

Miscellaneous

Outstanding Shares: 647,700,000
Free Float: N/A
Market Cap: C$103.67 billion
Optionable: Not Optionable
Beta: 0.69

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Key Executives

Ms. Tracy A. Robinson (Age 59)
President, CEO & Director
Comp: $3.49M
Mr. Ghislain Houle (Age 59)
Executive VP & CFO
Comp: $1.84M
Mr. Dominique Malenfant (Age 61)
Executive VP and Chief Information & Technology Officer
Comp: $1.69M
Mr. Doug MacDonald
Executive VP & Chief Marketing Officer
Mr. Edmond L. Harris (Age 73)
Consultant
Comp: $708.2k
Greg Hamilton
Senior Manager of Investor Relations
Mr. Olivier Chouc
Senior VP & Chief Legal Officer
Jonathan Abecassis
Senior Manager of Media Relations
Ms. Josée Girard
Senior VP & Chief Human Resources Officer
Mr. Keith Donald Reardon
Senior Vice-President of Consumer Product Supply Chain Growth

Key Competitors

View All Competitors

Insiders

Janet Drysdale
Sold 5,995 shares
Total: C$919,977.71 ($153.46/share)

View All Insider Transactions

CNR Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian National Railway stock right now?: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 5 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.
View CNR analyst ratings or view top-rated stocks.
What is Canadian National Railway's stock price target for 2024?: 13 Wall Street analysts have issued 1 year price objectives for Canadian National Railway's shares. Their CNR share price targets range from C$150.00 to C$192.00. On average, they expect the company's share price to reach C$166.13 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for CNR or view top-rated stocks among Wall Street analysts.
How have CNR shares performed in 2023?: Canadian National Railway's stock was trading at C$160.84 at the start of the year. Since then, CNR stock has decreased by 0.5% and is now trading at C$160.06.
View the best growth stocks for 2023 here.
When is Canadian National Railway's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our CNR earnings forecast.
How were Canadian National Railway's earnings last quarter?: Canadian National Railway (TSE:CNR) announced its quarterly earnings results on Tuesday, October, 24th. The company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.74 by $0.05. The company earned $3.99 billion during the quarter, compared to analysts' expectations of $4.09 billion. Canadian National Railway had a net margin of 29.08% and a trailing twelve-month return on equity of 23.42%.

How often does Canadian National Railway pay dividends? What is the dividend yield for Canadian National Railway?: Canadian National Railway announced a quarterly dividend on Tuesday, October 24th. Stockholders of record on Thursday, December 7th will be given a dividend of 0.79 per share on Thursday, December 28th. This represents a $3.16 annualized dividend and a yield of 1.97%. The ex-dividend date is Wednesday, December 6th.
Read our dividend analysis for CNR.
Is Canadian National Railway a good dividend stock?: Canadian National Railway (TSE:CNR) pays an annual dividend of C$3.16 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 42.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CNR.
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 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).
How do I buy shares of Canadian National Railway?: 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.
Compare Top Brokerages Here.

This page (TSE:CNR) was last updated on 12/10/2023 by MarketBeat.com Staff

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Canadian National Railway Stock Price, News & Analysis (TSE:CNR)

Canadian National Railway MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Canadian National Railway Stock (TSE:CNR)

CNR Stock Price History

CNR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CNR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™