Canadian National Railway (TSE:CNR) (NYSE:CNI) will be releasing its earnings data after the market closes on Monday, April 23rd. Analysts expect Canadian National Railway to post earnings of C$1.05 per share for the quarter.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings data on Tuesday, January 23rd. The company reported C$1.20 earnings per share for the quarter, missing the consensus estimate of C$1.23 by C($0.03). Canadian National Railway had a return on equity of 65.99% and a net margin of 79.48%. The firm had revenue of C$3.29 billion for the quarter, compared to the consensus estimate of C$3.29 billion.
Canadian National Railway stock opened at C$96.21 on Friday. Canadian National Railway has a fifty-two week low of C$90.84 and a fifty-two week high of C$108.64.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 8th were paid a dividend of $0.455 per share. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Wednesday, March 7th. This represents a $1.82 annualized dividend and a yield of 1.89%.
CNR has been the topic of a number of research reports. Royal Bank of Canada cut their price target on shares of Canadian National Railway from C$112.00 to C$105.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 6th. CIBC cut their price target on shares of Canadian National Railway from C$108.00 to C$105.00 in a research note on Monday, April 2nd. JPMorgan Chase lifted their price target on shares of Canadian National Railway from C$103.00 to C$109.00 in a research note on Thursday, January 11th. Desjardins cut their price target on shares of Canadian National Railway from C$115.00 to C$113.00 in a research note on Monday, April 16th. Finally, Raymond James cut their price target on shares of Canadian National Railway from C$115.00 to C$110.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 24th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Canadian National Railway presently has a consensus rating of “Buy” and an average target price of C$108.60.
In other news, insider Sean Finn sold 2,085 shares of the business’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of C$96.00, for a total value of C$200,160.00. Also, insider Scott Daniels acquired 1,000 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of C$94.35 per share, for a total transaction of C$94,350.00.
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Canadian National Railway Company Profile
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
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