S&P 500   5,251.59 (+0.06%)
DOW   39,764.85 (+0.01%)
QQQ   444.25 (-0.13%)
AAPL   171.20 (-1.22%)
MSFT   419.89 (-0.37%)
META   486.02 (-1.59%)
GOOGL   150.66 (-0.14%)
AMZN   179.92 (+0.05%)
TSLA   177.64 (-1.22%)
NVDA   907.63 (+0.57%)
NIO   4.61 (-1.28%)
AMD   182.03 (+1.36%)
BABA   72.47 (+1.23%)
T   17.61 (+0.34%)
F   13.21 (+1.15%)
MU   118.10 (-0.87%)
CGC   9.78 (+2.41%)
GE   175.38 (-2.63%)
DIS   122.58 (+1.32%)
AMC   3.70 (-14.75%)
PFE   27.91 (+0.47%)
PYPL   67.53 (+1.44%)
XOM   115.75 (+0.68%)
S&P 500   5,251.59 (+0.06%)
DOW   39,764.85 (+0.01%)
QQQ   444.25 (-0.13%)
AAPL   171.20 (-1.22%)
MSFT   419.89 (-0.37%)
META   486.02 (-1.59%)
GOOGL   150.66 (-0.14%)
AMZN   179.92 (+0.05%)
TSLA   177.64 (-1.22%)
NVDA   907.63 (+0.57%)
NIO   4.61 (-1.28%)
AMD   182.03 (+1.36%)
BABA   72.47 (+1.23%)
T   17.61 (+0.34%)
F   13.21 (+1.15%)
MU   118.10 (-0.87%)
CGC   9.78 (+2.41%)
GE   175.38 (-2.63%)
DIS   122.58 (+1.32%)
AMC   3.70 (-14.75%)
PFE   27.91 (+0.47%)
PYPL   67.53 (+1.44%)
XOM   115.75 (+0.68%)
S&P 500   5,251.59 (+0.06%)
DOW   39,764.85 (+0.01%)
QQQ   444.25 (-0.13%)
AAPL   171.20 (-1.22%)
MSFT   419.89 (-0.37%)
META   486.02 (-1.59%)
GOOGL   150.66 (-0.14%)
AMZN   179.92 (+0.05%)
TSLA   177.64 (-1.22%)
NVDA   907.63 (+0.57%)
NIO   4.61 (-1.28%)
AMD   182.03 (+1.36%)
BABA   72.47 (+1.23%)
T   17.61 (+0.34%)
F   13.21 (+1.15%)
MU   118.10 (-0.87%)
CGC   9.78 (+2.41%)
GE   175.38 (-2.63%)
DIS   122.58 (+1.32%)
AMC   3.70 (-14.75%)
PFE   27.91 (+0.47%)
PYPL   67.53 (+1.44%)
XOM   115.75 (+0.68%)
S&P 500   5,251.59 (+0.06%)
DOW   39,764.85 (+0.01%)
QQQ   444.25 (-0.13%)
AAPL   171.20 (-1.22%)
MSFT   419.89 (-0.37%)
META   486.02 (-1.59%)
GOOGL   150.66 (-0.14%)
AMZN   179.92 (+0.05%)
TSLA   177.64 (-1.22%)
NVDA   907.63 (+0.57%)
NIO   4.61 (-1.28%)
AMD   182.03 (+1.36%)
BABA   72.47 (+1.23%)
T   17.61 (+0.34%)
F   13.21 (+1.15%)
MU   118.10 (-0.87%)
CGC   9.78 (+2.41%)
GE   175.38 (-2.63%)
DIS   122.58 (+1.32%)
AMC   3.70 (-14.75%)
PFE   27.91 (+0.47%)
PYPL   67.53 (+1.44%)
XOM   115.75 (+0.68%)

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

$132.35
+0.70 (+0.53%)
(As of 12:46 PM ET)
Today's Range
$131.65
$132.73
50-Day Range
$122.76
$132.83
52-Week Range
$103.96
$134.02
Volume
328,722 shs
Average Volume
999,772 shs
Market Capitalization
$84.75 billion
P/E Ratio
20.88
Dividend Yield
1.89%
Price Target
$131.60

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
Hold
2.16 Rating Score
Upside/​Downside
0.2% Downside
$131.60 Price Target
Short Interest
Healthy
1.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.29
Upright™ Environmental Score
News Sentiment
0.68mentions of Canadian National Railway in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.09%
From $5.96 to $6.74 Per Share

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.

4.15 out of 5 stars

Transportation Sector

30th out of 117 stocks

Railroads, Line - Haul Operating Industry

3rd out of 7 stocks

CNI stock logo

About Canadian National Railway Stock (NYSE:CNI)

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.

CNI Stock Price History

CNI Stock News Headlines

CN Rail releases new Indigenous relations policy
The AI Defense Stock Set to Soar
To protect our interests, The Pentagon has partnered with this small AI defense contractor - creating some of the most powerful AI defenses ever made.
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
CN Files a Notice of Dispute
Canadian National Railway Co
Morgan Stanley upbeat on CN’s 2024 growth expectations
Canadian National Railway: A Bright Future Ahead
See More Headlines
Receive CNI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canadian National Railway and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/28 Dividend
3/06/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroads, line - haul operating
Sub-Industry
N/A
Employees
24,987
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$132.85
High Stock Price Target
$170.00
Low Stock Price Target
$83.00
Potential Upside/Downside
-0.6%
Consensus Rating
Hold
Rating Score (0-4)
2.16
Research Coverage
19 Analysts

Profitability

Net Income
$4.17 billion
Pretax Margin
38.56%

Debt

Sales & Book Value

Annual Sales
$16.83 billion
Cash Flow
$7.74 per share
Book Value
$23.15 per share

Miscellaneous

Free Float
624,956,000
Market Cap
$84.75 billion
Optionable
Optionable
Beta
0.88

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Canadian National Railway was last updated on Wednesday, March 27, 2024 at 11:35 PM.

Pros

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

  • Canadian National Railway reported strong earnings results, beating the consensus estimate, indicating financial stability and growth potential.
  • The company recently increased its dividend, signaling confidence in its financial performance and commitment to rewarding shareholders.
  • Wall Street analysts have forecasted growth for Canadian National Railway, with a consensus price target indicating positive sentiment towards the stock.
  • Canadian National Railway operates a vast rail network of approximately 20,000 route-miles, providing a strong foundation for its transportation and logistics business.
  • With a dividend yield of 1.96%, Canadian National Railway offers investors a source of passive income along with potential capital appreciation.

Cons

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

  • Recent analyst reports have indicated mixed ratings for the stock, with some analysts downgrading their outlook on Canadian National Railway.
  • Deutsche Bank Aktiengesellschaft downgraded the stock from a "buy" rating to a "hold" rating, potentially signaling concerns about future growth prospects.
  • While the company has shown financial strength, the stock price may already reflect this positive performance, limiting potential for significant short-term gains.
  • Market conditions and regulatory changes in the transportation industry could impact Canadian National Railway's operations and profitability.
  • Investors should consider the cyclical nature of the railroad industry, which may affect Canadian National Railway's financial performance during economic downturns.

CNI Stock Analysis - Frequently Asked Questions

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

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian National Railway in the last twelve months. There are currently 16 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNI, but not buy additional shares or sell existing shares.
View CNI analyst ratings
or view top-rated stocks.

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

19 brokerages have issued twelve-month price objectives for Canadian National Railway's shares. Their CNI share price targets range from $83.00 to $170.00. On average, they predict the company's share price to reach $131.60 in the next twelve months. This suggests that the stock has a possible downside of 0.2%.
View analysts price targets for CNI
or view top-rated stocks among Wall Street analysts.

How have CNI shares performed in 2024?

Canadian National Railway's stock was trading at $125.63 at the start of the year. Since then, CNI stock has increased by 4.9% and is now trading at $131.80.
View the best growth stocks for 2024 here
.

Are investors shorting Canadian National Railway?

Canadian National Railway saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 7,820,000 shares, a decline of 14.3% from the February 29th total of 9,130,000 shares. Based on an average trading volume of 983,600 shares, the days-to-cover ratio is presently 8.0 days. Approximately 1.3% of the shares of the stock are sold short.
View Canadian National Railway's Short Interest
.

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 CNI earnings forecast
.

How can I listen to Canadian National Railway's earnings call?

Canadian National Railway will be holding an earnings conference call on Tuesday, April 23rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) announced its earnings results on Tuesday, January, 23rd. The transportation company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.02. The transportation company earned $3.28 billion during the quarter, compared to analysts' expectations of $3.25 billion. Canadian National Railway had a trailing twelve-month return on equity of 23.56% and a net margin of 33.38%.

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, January 23rd. Shareholders of record on Thursday, March 7th will be given a dividend of $0.638 per share on Thursday, March 28th. This represents a $2.55 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Wednesday, March 6th. This is a boost from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for CNI
.

Is Canadian National Railway a good dividend stock?

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.90%. The dividend payout ratio is 39.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 37.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNI.

What guidance has Canadian National Railway issued on next quarter's earnings?

Canadian National Railway updated its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided earnings per share (EPS) guidance of 5.880-5.880 for the period, compared to the consensus estimate of 5.960. The company issued revenue guidance of -.

What is Jean-Jacques Ruest's approval rating as Canadian National Railway's CEO?

125 employees have rated Canadian National Railway Chief Executive Officer Jean-Jacques Ruest on Glassdoor.com. Jean-Jacques Ruest has an approval rating of 46% among the company's employees. This puts Jean-Jacques Ruest in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Canadian National Railway (CNR), Chipotle Mexican Grill (CMG), Micron Technology (MU), NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Pfizer (PFE) and Starbucks (SBUX).

Who are Canadian National Railway's major shareholders?

Canadian National Railway's stock is owned by a variety of retail and institutional investors. Top institutional investors include TCI Fund Management Ltd. (6.24%), Vanguard Group Inc. (3.49%), Vanguard Group Inc. (3.49%), Wellington Management Group LLP (3.41%), FIL Ltd (2.99%) and Massachusetts Financial Services Co. MA (2.59%).
View institutional ownership trends
.

How do I buy shares of Canadian National Railway?

Shares of CNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Canadian National Railway have any subsidiaries?
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., TransX, and Wisconsin Central Ltd.
Read More
This page (NYSE:CNI) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners