Canadian National Railway Company (TSE:CNR) (NYSE:CNI) Director Robert Pace bought 4,900 shares of Canadian National Railway stock in a transaction on Wednesday, July 26th. The stock was acquired at an average cost of C$99.20 per share, with a total value of C$486,080.00.
Canadian National Railway Company (CNR) traded up 1.28% on Tuesday, hitting $101.65. The stock had a trading volume of 409,249 shares. The firm has a market cap of $76.34 billion and a P/E ratio of 19.99. Canadian National Railway Company has a 1-year low of $80.11 and a 1-year high of $108.64. The firm’s 50-day moving average price is $104.57 and its 200-day moving average price is $99.44.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its earnings results on Tuesday, July 25th. The company reported $1.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.31 by $0.03. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.22 billion. Canadian National Railway had a return on equity of 27.63% and a net margin of 30.97%. On average, equities research analysts predict that Canadian National Railway Company will post $5.13 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be given a $0.4125 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.65 annualized dividend and a yield of 1.64%.
CNR has been the subject of several analyst reports. Macquarie lowered their price target on Canadian National Railway from C$100.00 to C$98.00 in a report on Thursday, April 13th. National Bank Financial boosted their target price on Canadian National Railway from C$94.00 to C$101.00 in a report on Tuesday, April 25th. Royal Bank Of Canada boosted their price target on Canadian National Railway from C$102.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 25th. CIBC boosted their price target on Canadian National Railway from C$100.00 to C$105.00 in a research report on Tuesday, April 25th. Finally, TD Securities reduced their price target on Canadian National Railway to C$105.00 and set a “hold” rating on the stock in a research report on Tuesday, April 25th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of C$101.31.
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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