News headlines about Canadian National Railway (NYSE:CNI) (TSE:CNR) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian National Railway earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 45.54929031425 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
- 3 Stocks to Buy and Hold for Decades – Madison.com (host.madison.com)
- Canadian National Railway Company (CNI) Expected to Post Quarterly Sales of $2.63 Billion (americanbankingnews.com)
- New Strong Buy Stocks for September 15th (finance.yahoo.com)
- Q4 2017 EPS Estimates for Canadian National Railway Company (CNI) Lowered by National Bank Financial (americanbankingnews.com)
A number of research firms have weighed in on CNI. BidaskClub cut shares of Canadian National Railway from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $84.00 price objective (up previously from $78.00) on shares of Canadian National Railway in a report on Thursday, July 13th. They noted that the move was a valuation call. Zacks Investment Research raised shares of Canadian National Railway from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a report on Tuesday, July 11th. Finally, Stifel Nicolaus lifted their price objective on shares of Canadian National Railway from $74.00 to $79.00 and gave the company a “hold” rating in a report on Thursday, June 15th. Fourteen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $80.56.
Shares of Canadian National Railway (NYSE CNI) traded up 0.75% during trading on Friday, hitting $81.64. 854,876 shares of the stock traded hands. The firm has a market cap of $61.31 billion, a PE ratio of 20.36 and a beta of 1.11. Canadian National Railway has a 52-week low of $61.72 and a 52-week high of $84.48. The company’s 50 day moving average is $80.16 and its 200 day moving average is $77.31.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be given a $0.3276 dividend. This represents a $1.31 annualized dividend and a dividend yield of 1.61%. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, September 7th. Canadian National Railway’s dividend payout ratio is currently 34.38%.
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.
Receive News & Ratings for Canadian National Railway Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian National Railway Company and related companies with MarketBeat.com's FREE daily email newsletter.