Canadian National Railway (TSE:CNR - Get Free Report) (NYSE:CNI) Director Josephine Ann Marie Depass Olsovsky purchased 1,786 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was acquired at an average cost of C$154.93 per share, with a total value of C$276,697.30.
Canadian National Railway Stock Performance
TSE CNR opened at C$156.45 on Thursday. The stock has a market capitalization of C$98.49 billion, a price-to-earnings ratio of 18.58, a PEG ratio of 3.38 and a beta of 0.65. The business's 50 day moving average is C$157.08 and its two-hundred day moving average is C$162.62. Canadian National Railway has a 12-month low of C$149.22 and a 12-month high of C$181.34. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 107.62.
Canadian National Railway Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be given a $0.845 dividend. This represents a $3.38 annualized dividend and a yield of 2.16%. The ex-dividend date is Monday, December 9th. Canadian National Railway's payout ratio is 40.14%.
Analyst Upgrades and Downgrades
Several brokerages recently commented on CNR. Desjardins cut their price target on shares of Canadian National Railway from C$181.00 to C$180.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. Raymond James decreased their target price on 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. JPMorgan Chase & Co. dropped their price target on Canadian National Railway from C$176.00 to C$169.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 8th. Stephens raised Canadian National Railway to a "hold" rating in a report on Wednesday, July 24th. Finally, UBS Group upped their price target on shares of Canadian National Railway from C$189.00 to C$190.00 in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$171.07.
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Canadian National Railway Company Profile
(
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.
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