Canadian National Railway (TSE:CNR) Given Consensus Rating of “Hold” by Analysts

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given an average recommendation of “Hold” by the thirteen brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$184.00.

Several equities analysts recently issued reports on CNR shares. National Bankshares lifted their price target on shares of Canadian National Railway from C$172.00 to C$190.00 in a report on Thursday, April 4th. CIBC upped their price objective on shares of Canadian National Railway from C$177.00 to C$183.00 and gave the company a “neutral” rating in a report on Wednesday, March 27th. Barclays upped their price objective on shares of Canadian National Railway from C$170.00 to C$175.00 in a report on Thursday, April 4th. TD Securities upped their price target on shares of Canadian National Railway from C$185.00 to C$190.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. Finally, Desjardins upped their price objective on shares of Canadian National Railway from C$189.00 to C$195.00 and gave the stock a “buy” rating in a research report on Friday, April 12th.

Canadian National Railway Price Performance

Shares of TSE:CNR opened at C$161.99 on Thursday. The firm has a 50-day simple moving average of C$170.30 and a 200 day simple moving average of C$171.13. The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 101.48. The company has a market cap of C$103.06 billion, a PE ratio of 19.75, a P/E/G ratio of 2.06 and a beta of 0.66. Canadian National Railway has a fifty-two week low of C$143.13 and a fifty-two week high of C$181.34.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings results on Tuesday, April 23rd. The company reported C$1.72 EPS for the quarter, hitting the consensus estimate of C$1.72. Canadian National Railway had a net margin of 32.86% and a return on equity of 27.06%. The company had revenue of C$4.25 billion for the quarter, compared to analyst estimates of C$4.29 billion. On average, sell-side analysts anticipate that Canadian National Railway will post 7.7897884 EPS for the current year.

Canadian National Railway Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 7th will be paid a dividend of $0.845 per share. This represents a $3.38 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Friday, June 7th. Canadian National Railway’s dividend payout ratio (DPR) is presently 41.22%.

Insiders Place Their Bets

In related news, Director Shauneen Elizabeth Bruder bought 544 shares of the business’s stock in a transaction dated Tuesday, June 25th. The shares were purchased at an average price of C$160.21 per share, with a total value of C$87,156.42. Corporate insiders own 1.69% of the company’s stock.

Canadian National Railway Company Profile

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.