Canadian National Railway Company (TSE:CNR) Insider Sean Finn Sells 15,425 Shares
Canadian National Railway Company (TSE:CNR) (NYSE:CNI) insider Sean Finn sold 15,425 shares of the firm’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of C$98.46, for a total value of C$1,518,745.50.
Sean Finn also recently made the following trade(s):
- On Friday, June 2nd, Sean Finn sold 12,885 shares of Canadian National Railway stock. The shares were sold at an average price of C$106.07, for a total value of C$1,366,711.95.
Shares of Canadian National Railway Company (TSE:CNR) traded up 0.11% during midday trading on Monday, hitting $98.52. The company’s stock had a trading volume of 1,070,854 shares. The stock’s 50 day moving average is $104.98 and its 200-day moving average is $99.24. The firm has a market cap of $73.99 billion and a P/E ratio of 19.38. Canadian National Railway Company has a 52-week low of $80.11 and a 52-week high of $108.64.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its earnings results on Tuesday, July 25th. The company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.22 billion. Canadian National Railway had a net margin of 30.97% and a return on equity of 27.63%. Equities analysts predict that Canadian National Railway Company will post $5.13 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.65 annualized dividend and a dividend yield of 1.67%.
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A number of equities analysts have recently weighed in on the company. National Bank Financial increased their target price on Canadian National Railway from C$94.00 to C$101.00 in a research note on Tuesday, April 25th. Raymond James Financial, Inc. increased their target price on Canadian National Railway from C$110.00 to C$112.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. Scotiabank increased their target price on Canadian National Railway from C$110.00 to C$115.00 and gave the stock an “outperform” rating in a research note on Thursday, June 15th. BMO Capital Markets increased their target price on Canadian National Railway from C$105.00 to C$108.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 25th. Finally, Desjardins lowered their target price on Canadian National Railway from C$105.00 to C$99.00 in a research note on Tuesday, April 25th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of C$101.31.
Canadian National Railway Company Profile
Canadian National Railway Company is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.
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