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Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
Undervalued UnitedHealth Group Won’t Be For Long
3 Computer Vision Stocks for Long-Term Gains From AI
DocuSign and The Case for 66% Upside 
Closing prices for crude oil, gold and other commodities
TSE:CNR

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

C$175.88
-1.55 (-0.87%)
(As of 04/16/2024 ET)
Today's Range
C$175.70
C$177.51
50-Day Range
C$170.25
C$179.65
52-Week Range
C$143.13
C$181.34
Volume
936,605 shs
Average Volume
954,638 shs
Market Capitalization
C$112.61 billion
P/E Ratio
20.62
Dividend Yield
1.92%
Price Target
C$183.00

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
4.0% Upside
C$183.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of Canadian National Railway in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
C$1.10 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.91 out of 5 stars

CNR stock logo

About Canadian National Railway Stock (TSE:CNR)

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks. It offers 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 cargo, and permit/overweight services; and supply chain services. It serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. The company operates a rail network of approximately 20,000 route-miles of track and shipping spanning. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.

CNR Stock Price History

CNR Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Canadian National Railway (CNR) to Release Earnings on Tuesday
Better Stock: CNR or CP
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Better Stock: CNR vs CP
CN Files a Notice of Dispute
Canadian National Railway Company (CNR.TO)
RRSP Investors: Is CNR Stock a Buy Today?
PlasCred Circular Innovations Inc. Enters MOU with CN Rail
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/28 Dividend
3/06/2024
Dividend Payable
3/28/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/23/2024

Industry, Sector and Symbol

Industry
Railroads
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
24,987
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$183.00
High Stock Price Target
C$195.00
Low Stock Price Target
C$164.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
C$5.62 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$16.83 billion
Cash Flow
C$0.62 per share
Book Value
C$31.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$112.61 billion
Optionable
Not Optionable
Beta
0.65
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Ms. Tracy A. Robinson (Age 60)
    President, CEO & Director
    Comp: $2.62M
  • Mr. Ghislain Houle (Age 60)
    Executive VP & CFO
    Comp: $1.42M
  • Mr. Dominique Malenfant (Age 62)
    Executive VP and Chief Information & Technology Officer
    Comp: $1.3M
  • Mr. Doug MacDonald
    Executive VP & Chief Marketing Officer
  • Mr. Derek Taylor
    Executive VP & Chief Field Operating Officer
  • Mr. Patrick Timothy Whitehead
    Executive VP & Chief Network Operating Officer
  • 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

Should I Buy Canadian National Railway Stock? CNR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Canadian National Railway:

  • Canadian National Railway's stock price has been steadily increasing, indicating positive investor sentiment and potential for capital appreciation.
  • The company operates a vast rail network of approximately 20,000 route-miles, providing a strong foundation for consistent revenue generation.
  • Canadian National Railway offers diverse transportation and logistics services, catering to a wide range of industries, which can help mitigate risks associated with economic fluctuations in specific sectors.
  • With a market capitalization of C$114.29 billion, Canadian National Railway is a well-established and financially stable company, offering a sense of security to investors.
  • The company's strategic partnerships and continuous business development initiatives position it well for long-term growth and profitability in the transportation and logistics industry.

Cons

Investors should be bearish about investing in Canadian National Railway for these reasons:

  • Canadian National Railway's debt-to-equity ratio of 93.89 is significantly high, indicating a heavy reliance on debt financing which can pose risks in case of economic downturns or rising interest rates.
  • The company's current ratio of 0.61 and quick ratio of 0.58 suggest potential liquidity challenges in meeting short-term obligations, which could impact operational efficiency and financial stability.
  • Despite positive analyst ratings, the stock has received a "hold" average rating, indicating mixed opinions on its future performance and growth prospects.
  • Canadian National Railway's PE ratio of 20.93 and price-to-earnings-growth ratio of 2.06 may suggest that the stock is currently trading at a premium valuation, potentially limiting immediate upside for investors.
  • While the company has shown resilience, the transportation and logistics industry is subject to regulatory changes, economic uncertainties, and competitive pressures, which could affect Canadian National Railway's profitability and stock performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Canadian National Railway pros and cons to contact@marketbeat.com.

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 1 sell rating, 8 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.
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 targets for Canadian National Railway's stock. Their CNR share price targets range from C$164.00 to C$195.00. On average, they predict the company's stock price to reach C$183.00 in the next twelve months. This suggests a possible upside of 4.0% 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 2024?

Canadian National Railway's stock was trading at C$166.55 at the beginning of 2024. Since then, CNR stock has increased by 5.6% and is now trading at C$175.88.
View the best growth stocks for 2024 here
.

When is Canadian National Railway's next earnings date?

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

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (TSE:CNR) released its quarterly earnings results on Tuesday, January, 23rd. The company reported $2.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.96 by $0.06. The firm had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.38 billion. Canadian National Railway had a net margin of 33.43% and a trailing twelve-month return on equity of 27.11%.

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

Canadian National Railway declared a quarterly dividend on Tuesday, January 23rd. Investors of record on Thursday, March 7th will be given a dividend of 0.845 per share on Thursday, March 28th. This represents a $3.38 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Wednesday, March 6th. This is an increase from the stock's previous quarterly dividend of C$0.79.
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$3.38 per share and currently has a dividend yield of 1.91%. The dividend payout ratio is 39.62%. 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 4/16/2024 by MarketBeat.com Staff

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