The Canadian National Railway (TSE: CNR) (NYSE: CNI) will release its quarterly results after the market closes on Monday, April 26th. Analysts expect Canadian National Railway to post earnings of $ 1.30 per share for the quarter.
The Canadian National Railway (TSE: CNR) (NYSE: CNI) last released its results on Tuesday, January 26th. The company reported earnings of $ 1.43 per share for the quarter, beating Zacks’ consensus estimate of $ 1.40 by $ 0.03. The company had sales of $ 3.66 billion for the quarter, compared to analyst estimates of $ 3.62 billion.
TSE CNR opened at CAD 148.67 on Monday. The company has a leverage ratio of 67.80, a fast rate of 0.52, and a current rate of 0.95. The Canadian National Railway has an annual low of CAD 107.62 and an annual low of CAD 149.18. The company has a 50-day simple moving average of $ 144.87 and a 200-day simple moving average of $ 141.12. The company has a market capitalization of $ 105.66 billion and a PE ratio of 29.73.
The company recently announced a quarterly dividend, which was paid on Wednesday, March 31st. On Wednesday March 10th, a dividend of $ 0.615 per share was paid to shareholders of record. The ex-dividend day was Tuesday, March 9th. This is a positive change from the Canadian National Railway’s previous quarterly dividend of $ 0.58. This equates to an annualized dividend of $ 2.46 and a dividend yield of 1.65%. The Canadian National Railway’s payout ratio is 46.00%.
In Other Canadian National Railway News, Insider III Gates William Henry sold 196,719 shares in Canadian National Railway on Monday, January 25. The shares were sold at an average price of $ 137.42 for a total transaction of $ 27,032,849.57. Following the transaction, the Insider now directly holds 14,193,583 shares in the company valued at approximately $ 1,950,462,304.84. In addition, Senior Officer Sean Finn sold 700 shares in the company in a transaction on Friday March 19. The shares were sold at an average price of $ 146.69 for a total transaction of $ 102,680.90. Following the sale, the Insider now directly holds 19,900 shares in the company valued at $ 2,919,071.30. Insiders have sold 333,234 shares in the company for $ 45,860,509 in the past ninety days.
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CNR has been the subject of a number of recent research reports. The UBS Group lowered its target price for the Canadian National Railway on Wednesday, January 27, in a research note from C $ 148.00 to C $ 141.00. National Bank Financial lowered its target price on shares of the Canadian National Railway from C $ 141.00 to C $ 137.00 and issued a rating for the stock’s sector performance in a report on Wednesday, January 27th. National Bankshares raised its target price on shares of the Canadian National Railway from C $ 137.00 to C $ 147.00 and rated the company as “Outperform” in a research report on Wednesday March 31st. The Royal Bank of Canada lowered its target price on shares of the Canadian National Railway from C $ 155.00 to C $ 139.00 and issued a research report on Wednesday, January 27, setting a rating for the company’s sector performance. Finally, Sanford C. Bernstein lowered its target price for the Canadian National Railway from C $ 168.00 to C $ 156.00 in a report on Wednesday, January 27. Five research analysts have given the stock a hold rating and three with a buy rating. The stock currently has an average “Hold” rating and an average price target of $ 147.09.
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 product portfolio includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal products and automotive products for exporters, importers, retailers, farmers and manufacturers.
See also: owner of the record
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