Canadian National Railway (TSE: CNR) (NYSE: CNI) senior officer Sean Finn sold 700 shares in the Canadian National Railway on Friday, March 19. The shares were sold at an average price of $ 146.69 for a total value of $ 102,680.90. Upon completion of the transaction, the Insider now holds 19,900 shares in the company valued at $ 2,919,071.30.
Sean Finn also recently made the following deals:
- On Monday March 8th, Sean Finn sold 4,200 shares in the Canadian National Railway. The stock sold at an average price of $ 143.98 for a total value of $ 604,716.
- On Friday, January 29th, Sean Finn sold 5,000 shares in the Canadian National Railway. The stock was sold at an average price of $ 129.42 for a total value of $ 647,080.
CNR was trading at C $ 1.33 on Friday to hit C $ 146.55. 4,524,189 shares were exchanged, compared to an average volume of 1,451,600. The company’s 50-day moving average price is $ 138.92 and the 200-day moving average price is $ 140.02. The Canadian National Railway has a fifty-two week low of $ 97.68 and a fifty-two week high of $ 149.11. The company has a leverage ratio of 67.80, a current rate of 0.95, and a fast rate of 0.52. The company has a market capitalization of $ 104.09 billion and a PE ratio of 29.31.
The Canadian National Railway (TSE: CNR) (NYSE: CNI) last released its quarterly earnings data on Tuesday, January 26th. The company reported earnings per share of $ 1.43 for the quarter, beating Thomson Reuters’ consensus estimate of $ 1.40 by $ 0.03. The company had revenue of $ 3.66 billion for the quarter, compared to analyst estimates of $ 3.62 billion. As a group, equity analysts predict that Canadian National Railway will achieve earnings per share of 6.2915347 for the current fiscal year.
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The company recently announced a quarterly dividend, which will be paid on Wednesday, March 31st. A dividend of $ 0.615 will be paid to shareholders of record on Wednesday March 10th. This equates to an annualized dividend of $ 2.46 and a dividend yield of 1.68%. The ex-dividend date of this dividend is Tuesday, March 9th. This is an increase over the Canadian National Railway’s previous quarterly dividend of $ 0.58. The Canadian National Railway’s payout ratio is 46.00%.
Several research analysts recently rated the CNR share. On Wednesday, January 27th, Raymond James revised an “Outperform” rating in a research note and set a price target of CAD 160.00 for shares of the Canadian National Railway. CIBC lowered its target price for the Canadian National Railway on Wednesday, January 27, in a research note from C $ 153.00 to C $ 142.00. National Bank Financial lowered its target price for Canadian National Railway from C $ 141.00 to C $ 137.00 and issued a research note on Wednesday, January 27, for the stock’s sector performance rating. Sanford C. Bernstein lowered its target price for the Canadian National Railway on Wednesday, January 27, in a research note from C $ 168.00 to C $ 156.00. Finally, in a research report on Wednesday, January 27, the UBS Group lowered its target price for the Canadian National Railway from C $ 148.00 to C $ 141.00. Four investment analysts have rated the stock with a hold rating and two with a buy rating. The Canadian National Railway currently has an average “Hold” rating and a consensus price target of $ 147.20.
Profile of the Canadian National Railway Company
The Canadian National Railway Company, together with its subsidiaries, operates in the rail and related transportation business. The company provides equipment, customs clearance, transshipment and distribution, business development and real estate, and private auto storage services to the rail industry. intermodal services such as temperature-controlled freight, port partnership, reloading and distribution, logistics park, customs clearance, forwarding, trucking and transport of grain in containers; and trucking services that include door-to-door, import and export dray, interline and specialized services.
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20 High Yield Dividend Stocks That Could Ruin Your Retirement Portfolio
Almost everyone loves a company that pays high dividends. Who doesn’t like getting a check every quarter just for owning a stock – especially when that stock pays you back 4%, 5%, or even 10% of its share price in annual income every year? In a world where 10-year government bonds yield just over 2%, it seems difficult to go wrong buying a stock that is well above normal fixed income rates. Unfortunately, the market rarely offers a free lunch.
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