- Previous Close
114.22 - Open
113.60 - Bid 113.00 x 800
- Ask 119.90 x 800
- Day's Range
113.03 - 114.62 - 52 Week Range
103.96 - 134.02 - Volume
1,492,545 - Avg. Volume
1,147,351 - Market Cap (intraday)
71.561B - Beta (5Y Monthly) 0.65
- PE Ratio (TTM)
18.22 - EPS (TTM)
6.23 - Earnings Date Oct 22, 2024
- Forward Dividend & Yield 2.51 (2.21%)
- Ex-Dividend Date Sep 6, 2024
- 1y Target Est
130.21
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. It offers trucking services, such as door-to-door services, import and export dray, interline services, and specialized services, comprising flatbed trucks, on-deck mobile transport trays, expedited cargo, and permit/overweight services; and supply chain services. It serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. The company operates a rail network of approximately 20,000 route-miles of track and shipping spanning. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
www.cn.caRecent News: CNI
View MorePerformance Overview: CNI
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CNI
View MoreValuation Measures
Market Cap
71.56B
Enterprise Value
86.63B
Trailing P/E
18.21
Forward P/E
17.83
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
5.81
Price/Book (mrq)
4.98
Enterprise Value/Revenue
6.89
Enterprise Value/EBITDA
13.16
Financial Highlights
Profitability and Income Statement
Profit Margin
32.02%
Return on Assets (ttm)
8.33%
Return on Equity (ttm)
27.41%
Revenue (ttm)
17.04B
Net Income Avi to Common (ttm)
5.46B
Diluted EPS (ttm)
6.23
Balance Sheet and Cash Flow
Total Cash (mrq)
335M
Total Debt/Equity (mrq)
107.62%
Levered Free Cash Flow (ttm)
2.55B
Research Analysis: CNI
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Research Reports: CNI
View MorePort Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2023, CN generated CAD 16.8 billion in revenue by hauling intermodal containers (23% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (19%), forest products (12%), metals and minerals (12%), automotive shipments (6%), and coal (6%). Other items constitute the remaining revenue.
RatingPrice TargetArgus Quick Note: Weekly Stock List for 09/03/2024: Global Dividend Investing
Global stocks are gaining, if not at the pace of domestic equities. While the S&P 500 has risen 17% year to date, the EAFA index of large- and mid-cap stocks based in countries other than the U.S. and Canada has gained 9.5%. Over the past five years, the performance gap has been wider, with the S&P 500 advancing 94% compared to a 32% gain in EAFE. But the underperformance has given global stocks a valuation advantage, particularly in the area of dividends. Consider that the EAFE dividend yield of 2.9% is 170 basis points higher than the comparable S&P 500 dividend yield. We think global dividend stocks now offer opportunity, particularly given the endless speculation over the direction of interest rates in the U.S., which has created market-timing headaches for equity income investors, who have endured recent wide swings in prices for rate-sensitive equity in areas such as utilities, REITs and MLPs. In our view, investing in international income stocks is one way to increase portfolio diversification while reducing sensitivity to volatile U.S. interest rates. Investing in overseas stocks carries its own set of risks, including the impact of currency exchange and geopolitical turmoil. But there are also a number of positives in this asset class for U.S. investors, including a wide selection of companies that pay dividends, robust industry diversification, and, as we have mentioned, higher yields and lower valuations. Argus has recently boosted its global coverage, and recommends the following international dividend stocks, each of which has at least a long-term BUY rating from an Argus analyst. Note this list of approximately 25-30 companies offers exposure to eight of the 11 major industrial sectors. The list includes companies from 10 countries.
Work Stoppage Will Muddy the Canadian Rails' 2024 Performance, but Long-Term Valuation Hit Unlikely
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2023, CN generated CAD 16.8 billion in revenue by hauling intermodal containers (23% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (19%), forest products (12%), metals and minerals (12%), automotive shipments (6%), and coal (6%). Other items constitute the remaining revenue.
RatingPrice TargetLooking for more favorable entry point
Canadian National Railway transports more than CAN$250 billion of goods per year, ranging from commodities to manufactured products, across an approximately 20,000-mile North American rail network that connects the Atlantic, Pacific, and Gulf of Mexico coasts. CNI stock trades on both the New York and Toronto stock exchanges. The company has 25,000 employees.
RatingPrice Target