Share on StockTwits

Shares of Canadian National Railway (NYSE:CNI) have been given an average recommendation of “Hold” by the nineteen analysts that are covering the stock, StockRatingsNetwork.com reports. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $67.00.

Canadian National Railway (NYSE:CNI) opened at 67.04 on Tuesday. Canadian National Railway has a 52 week low of $46.71 and a 52 week high of $69.75. The stock’s 50-day moving average is $66. and its 200-day moving average is $59.57. The company has a market cap of $54.866 billion and a price-to-earnings ratio of 21.75.

Canadian National Railway (NYSE:CNI) last released its earnings data on Monday, July 21st. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.04. The company had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the company posted $1.66 earnings per share. Canadian National Railway’s revenue was up 16.9% compared to the same quarter last year. Analysts expect that Canadian National Railway will post $3.63 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be given a dividend of $0.2327 per share. This represents a $0.93 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Friday, September 5th.

Several analysts have recently commented on the stock. Analysts at TD Securities downgraded shares of Canadian National Railway to a “hold” rating in a research note on Friday, August 1st. Separately, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Canadian National Railway in a research note on Tuesday, July 22nd.

Canadian National Railway Company (NYSE:CNI) is engaged in the rail and related transportation business.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.