Canadian National Railway - CNR Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 1 sell rating, 13 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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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19 Wall Street analysts have issued 1-year target prices for Canadian National Railway's stock. Their CNR share price forecasts range from C$127.00 to C$184.00. On average, they predict the company's share price to reach C$157.28 in the next year. This suggests that the stock has a possible downside of 7.5%.
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Canadian National Railway's stock was trading at C$155.38 at the start of the year. Since then, CNR stock has increased by 9.4% and is now trading at C$169.99.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our CNR earnings forecast.

Canadian National Railway (TSE:CNR) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.03. The company earned $3.33 billion during the quarter, compared to analysts' expectations of $3.22 billion.

Canadian National Railway declared a quarterly dividend on Tuesday, October 25th. Shareholders of record on Thursday, December 8th will be given a dividend of 0.733 per share on Thursday, December 29th. This represents a $2.93 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Wednesday, December 7th. This is an increase from the stock's previous quarterly dividend of C$0.73.
Read our dividend analysis for CNR.

Canadian National Railway (TSE:CNR) pays an annual dividend of C$2.70 per share and currently has a dividend yield of 1.72%. The dividend payout ratio is 37.02%. 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$169.99.

Canadian National Railway (TSE:CNR) has a market capitalization of C$115.24 billion and generates C$16.32 billion in revenue each year.

The company employs 22,953 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.