Canadian National Railway (TSE:CNR - Get Free Report) (NYSE:CNI) Director David Lund Freeman purchased 1,000 shares of the stock in a transaction on Thursday, October 24th. The stock was acquired at an average price of C$152.57 per share, with a total value of C$152,572.80.
Canadian National Railway Stock Up 0.5 %
Shares of TSE:CNR opened at C$154.25 on Friday. The company's fifty day moving average is C$157.32 and its two-hundred day moving average is C$164.09. The company has a debt-to-equity ratio of 107.62, a quick ratio of 0.58 and a current ratio of 0.63. Canadian National Railway has a 1-year low of C$144.23 and a 1-year high of C$181.34. The stock has a market capitalization of C$97.10 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.
Canadian National Railway (TSE:CNR - Get Free Report) (NYSE:CNI) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported C$1.84 earnings per share for the quarter, missing analysts' consensus estimates of C$1.93 by C($0.09). Canadian National Railway had a net margin of 32.02% and a return on equity of 27.41%. The business had revenue of C$4.33 billion for the quarter, compared to the consensus estimate of C$4.40 billion. Equities analysts anticipate that Canadian National Railway will post 8.2610275 EPS for the current year.
Canadian National Railway Dividend Announcement
There is a little known company that is changing warfare
From Reticulate | Ad
With geo - political instability around the world investors are flocking to defense contract stocks.
There is a little known company that is changing warfare. With the backing of U.S. government contracts, this startup is reshaping the future of the U.S. military.
Click here to gain instant access to one of the most exclusive pre-ipo opportunities in the market t
The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.845 per share. This represents a $3.38 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Monday, December 9th. Canadian National Railway's dividend payout ratio (DPR) is 40.14%.
Analysts Set New Price Targets
Several research firms have recently issued reports on CNR. Sanford C. Bernstein dropped their price objective on shares of Canadian National Railway from C$179.00 to C$173.00 in a research report on Wednesday, October 9th. Raymond James decreased their price target on shares of Canadian National Railway from C$187.00 to C$180.00 and set an "outperform" rating for the company in a research report on Wednesday, September 11th. Citigroup raised their price objective on Canadian National Railway from C$125.00 to C$126.00 and gave the company a "neutral" rating in a research report on Wednesday. TD Securities decreased their target price on Canadian National Railway from C$180.00 to C$175.00 and set a "hold" rating for the company in a research report on Wednesday. Finally, Veritas upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Canadian National Railway has an average rating of "Moderate Buy" and an average price target of C$171.07.
Read Our Latest Report on CNR
About Canadian National Railway
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
