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

-2.29 (-1.90%)
(As of 06/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
2.23 million shs
Average Volume
961,225 shs
Market Capitalization
$75.15 billion
P/E Ratio
Dividend Yield
Price Target

Canadian National Railway MarketRank™ Stock Analysis

Analyst Rating
2.11 Rating Score
13.8% Upside
$134.74 Price Target
Short Interest
1.28% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.05mentions of Canadian National Railway in the last 14 days
Based on 10 Articles This Week
Insider Trading
Proj. Earnings Growth
From $5.90 to $6.64 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.

4.21 out of 5 stars

Transportation Sector

27th out of 117 stocks

Railroads, Line - Haul Operating Industry

5th out of 6 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

The asset beating inflation by 4x
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CN Formally Offers Binding Arbitration to TCRC
The asset beating inflation by 4x
Central Bank Gold Heist In Progress Central banks are buying gold at record rates... and billionaire investors are buying right along with them. Even Warren Buffett put over $500 million into gold. And with the help of a tax and penalty-free "Trump Loophole, " these investors are investing retirement into gold and other precious metals without having to put up any of their own cash. In our Free Precious Metals Guide, we reveal all the details on how the rich use this loophole to protect and growth their retirement wealth in any economy…and show you how you can use it too.
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/28 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Railroads, line - haul operating
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
19 Analysts


Net Income
$4.17 billion
Pretax Margin


Sales & Book Value

Annual Sales
$12.47 billion
Cash Flow
$7.40 per share
Book Value
$23.15 per share


Free Float
Market Cap
$75.16 billion

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Key Executives

  • Ms. Tracy A. RobinsonMs. Tracy A. Robinson (Age 60)
    President, CEO & Director
    Comp: $1.92M
  • Mr. Ghislain  HouleMr. Ghislain Houle (Age 60)
    Executive VP & CFO
    Comp: $1.04M
  • Mr. Dominique Malenfant (Age 62)
    Executive VP and Chief Information & Technology Officer
    Comp: $956.46k
  • 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
  • Mr. Keith Donald Reardon
    Senior Vice-President of Consumer Product Supply Chain Growth

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


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

  • Canadian National Railway has a consensus rating of "Hold" and an average price target of $149.05, indicating potential for growth based on analyst projections.
  • The company operates in the rail, intermodal, trucking, and marine transportation and logistics business, providing diversified revenue streams and exposure to different sectors of the transportation industry.
  • Canadian National Railway offers rail services, intermodal services, and logistics solutions, catering to a wide range of transportation needs and enhancing its market competitiveness.
  • The company's strategic partnerships, such as port partnerships and logistics parks, contribute to its network efficiency and market presence, potentially leading to increased operational efficiency and revenue generation.
  • With a focus on innovation and technology, Canadian National Railway continuously invests in enhancing its infrastructure and services, positioning itself for long-term sustainability and growth in the evolving transportation landscape.


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

  • While the company has a consensus rating of "Hold," some investors may perceive this as a lack of strong buy signals, potentially leading to uncertainty regarding the stock's future performance.
  • The transportation industry is subject to various external factors, such as economic conditions, regulatory changes, and geopolitical events, which could impact Canadian National Railway's operations and financial results.
  • Fluctuations in fuel prices and transportation costs can affect the company's profitability and margins, posing risks to investors in terms of revenue stability and cost management.
  • Competitive pressures within the transportation sector may intensify, leading to pricing challenges and market share battles that could impact Canadian National Railway's competitive position and financial performance.
  • Investing in Canadian National Railway involves exposure to operational risks inherent in the transportation and logistics industry, including potential disruptions, accidents, and regulatory compliance issues that could impact the company's reputation and financial standing.
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 Saturday, June 8, 2024. Please send any questions or comments about these Canadian National Railway pros and cons to

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 year. There are currently 17 hold ratings and 2 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 12-month target prices for Canadian National Railway's shares. Their CNI share price targets range from $83.00 to $170.00. On average, they expect the company's stock price to reach $134.74 in the next year. This suggests a possible upside of 13.8% from the stock's current price.
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 beginning of the year. Since then, CNI stock has decreased by 5.7% and is now trading at $118.44.
View the best growth stocks for 2024 here

Are investors shorting Canadian National Railway?

Canadian National Railway saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 7,870,000 shares, an increase of 26.3% from the May 15th total of 6,230,000 shares. Based on an average trading volume of 959,100 shares, the days-to-cover ratio is currently 8.2 days. Approximately 1.3% of the shares of the company 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, July 23rd 2024.
View our CNI earnings forecast

How were Canadian National Railway's earnings last quarter?

Canadian National Railway (NYSE:CNI) issued its quarterly earnings data on Tuesday, April, 23rd. The transportation company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.01. The transportation company had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.16 billion. Canadian National Railway had a net margin of 32.81% and a trailing twelve-month return on equity of 23.27%.

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, April 23rd. Shareholders of record on Friday, June 7th will be given a dividend of $0.625 per share on Friday, June 28th. This represents a $2.50 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Friday, June 7th.
Read our dividend analysis for CNI

Is Canadian National Railway a good dividend stock?

Canadian National Railway (NYSE:CNI) pays an annual dividend of $2.45 per share and currently has a dividend yield of 2.01%. The dividend payout ratio is 39.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNI will have a dividend payout ratio of 36.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNI.

What ETF holds Canadian National Railway's stock?

Capital Group International Equity ETF holds 18,754 shares of CNI stock, representing 1.59% of its portfolio.

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

Canadian National Railway updated its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 5.940-5.940 for the period, compared to the consensus EPS estimate of 5.840. 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 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 shareholders include Vanguard Group Inc. (3.51%), Bank of New York Mellon Corp (2.09%), TD Asset Management Inc (1.81%), Capital International Investors (1.41%), 1832 Asset Management L.P. (1.37%) and Canada Pension Plan Investment Board (0.71%).
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.
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This page (NYSE:CNI) was last updated on 6/19/2024 by Staff

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