Canadian National Railway (NYSE:CNI) (TSE:CNR) is scheduled to announce its earnings results after the market closes on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.99 per share for the quarter. Canadian National Railway has set its FY17 guidance at C$4.95 to C$5.10 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings data on Tuesday, October 24th. The transportation company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.01). Canadian National Railway had a net margin of 29.98% and a return on equity of 25.57%. On average, analysts expect Canadian National Railway to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of Canadian National Railway (NYSE CNI) opened at $80.96 on Tuesday. Canadian National Railway has a 52 week low of $68.27 and a 52 week high of $85.73. The company has a quick ratio of 0.49, a current ratio of 0.61 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $60,480.00, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09.

Canadian National Railway announced that its board has authorized a share buyback plan on Tuesday, October 24th that allows the company to repurchase 31,000,000 outstanding shares. This repurchase authorization allows the transportation company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 8th were paid a $0.3304 dividend. The ex-dividend date was Thursday, December 7th. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.33. This represents a $1.32 dividend on an annualized basis and a yield of 1.63%. Canadian National Railway’s dividend payout ratio (DPR) is currently 31.95%.

CNI has been the topic of a number of analyst reports. TD Securities upgraded Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. They noted that the move was a valuation call. Goldman Sachs Group initiated coverage on Canadian National Railway in a research note on Monday, November 13th. They issued a “buy” rating and a $85.00 price target on the stock. Cowen restated a “buy” rating and issued a $83.00 price target on shares of Canadian National Railway in a research note on Sunday, September 24th. Desjardins upgraded Canadian National Railway from a “hold” rating to a “buy” rating in a research note on Wednesday, October 25th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $89.00 target price on shares of Canadian National Railway in a research report on Friday, October 6th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $79.67.

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About Canadian National Railway

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.

Earnings History for Canadian National Railway (NYSE:CNI)

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