Canadian National Railway (TSE:CNR) (NYSE:CNI) insider Scott Daniels acquired 1,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were acquired at an average price of C$94.35 per share, for a total transaction of C$94,350.00.
Shares of Canadian National Railway (TSE CNR) opened at C$95.64 on Monday. Canadian National Railway has a 52-week low of C$91.55 and a 52-week high of C$108.64. The stock has a market capitalization of $71,220.00, a PE ratio of 13.16 and a beta of 0.61.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its earnings results on Tuesday, January 23rd. The company reported C$1.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$1.23 by C($0.03). The business had revenue of C$3.29 billion for the quarter, compared to analysts’ expectations of C$3.29 billion. Canadian National Railway had a return on equity of 65.99% and a net margin of 79.48%.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 8th will be paid a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 1.90%. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.41. The ex-dividend date is Wednesday, March 7th. Canadian National Railway’s dividend payout ratio (DPR) is 22.70%.
Several research analysts recently weighed in on CNR shares. CIBC increased their target price on Canadian National Railway from C$110.00 to C$116.00 in a research report on Thursday, January 4th. National Bank Financial increased their target price on Canadian National Railway from C$105.00 to C$108.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 25th. TD Securities raised Canadian National Railway from a “hold” rating to a “buy” rating and increased their target price for the stock from C$110.00 to C$115.00 in a research report on Thursday, November 30th. Desjardins cut their target price on Canadian National Railway from C$116.00 to C$115.00 and set a “buy” rating on the stock in a research report on Wednesday, January 24th. Finally, Raymond James Financial cut their target price on Canadian National Railway from C$115.00 to C$110.00 and set a “market perform” rating on the stock in a research report on Wednesday, January 24th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Canadian National Railway currently has a consensus rating of “Buy” and an average price target of C$110.20.
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About Canadian National Railway
Canadian National Railway Company is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.
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