Canadian National Railway (TSE:CNR) (NYSE:CNI) insider Sean Finn sold 2,085 shares of Canadian National Railway stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of C$96.00, for a total transaction of C$200,160.00.
Sean Finn also recently made the following trade(s):
- On Monday, January 29th, Sean Finn sold 15,425 shares of Canadian National Railway stock. The shares were sold at an average price of C$98.21, for a total transaction of C$1,514,889.25.
Canadian National Railway stock opened at C$94.98 on Thursday. The firm has a market cap of $71,450.00, a P/E ratio of 13.06 and a beta of 0.58. Canadian National Railway has a 1-year low of C$93.02 and a 1-year high of C$108.64.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Tuesday, January 23rd. The company reported C$1.20 earnings per share for the quarter, missing the consensus estimate of C$1.23 by C($0.03). The firm had revenue of C$3.29 billion for the quarter, compared to analysts’ expectations of C$3.29 billion. Canadian National Railway had a net margin of 79.48% and a return on equity of 65.99%.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 8th will be issued a dividend of $0.455 per share. This represents a $1.82 annualized dividend and a dividend yield of 1.92%. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.41. The ex-dividend date is Wednesday, March 7th. Canadian National Railway’s payout ratio is 22.70%.
Several analysts have commented on the stock. National Bank Financial decreased their price objective on shares of Canadian National Railway from C$108.00 to C$103.00 and set a “sector perform” rating for the company in a research note on Tuesday. Scotiabank restated an “outperform” rating and set a C$114.00 price objective on shares of Canadian National Railway in a research note on Tuesday, March 6th. CIBC decreased their price objective on shares of Canadian National Railway from C$111.00 to C$108.00 in a research note on Tuesday, March 6th. Royal Bank of Canada decreased their price objective on shares of Canadian National Railway from C$112.00 to C$105.00 and set an “outperform” rating for the company in a research note on Tuesday, March 6th. Finally, Desjardins decreased their price objective on shares of Canadian National Railway from C$116.00 to C$115.00 and set a “buy” rating for the company in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$108.80.
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About Canadian National Railway
Canadian National Railway Co 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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