Canadian National Railway
About: Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2023, CN generated CAD 16.8 billion in revenue by hauling intermodal containers (23% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (19%), forest products (12%), metals and minerals (12%), automotive shipments (6%), and coal (6%). Other items constitute the remaining revenue.
Employees: 25,428
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more call options, than puts
Call options by funds: $109M | Put options by funds: $87.2M
6% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 66
1% less funds holding
Funds holding: 839 [Q2] → 833 (-6) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 295
3.84% less ownership
Funds ownership: 70.45% [Q2] → 66.61% (-3.84%) [Q3]
6% less capital invested
Capital invested by funds: $53B [Q2] → $49.7B (-$3.34B) [Q3]
15% less funds holding in top 10
Funds holding in top 10: 27 [Q2] → 23 (-4) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$112
10%
upside
Avg. target
$124
22%
upside
High target
$174
71%
upside
10 analyst ratings
5 positive
50%
5 neutral
50%
0 negative
0%
Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target | 10%upside $112 | Equal-Weight Maintained | 17 Jan 2025 |
Stifel Benjamin Nolan 39% 1-year accuracy 16 / 41 met price target | 18%upside $120 | Buy Upgraded | 16 Jan 2025 |
Wells Fargo Christian Wetherbee 49% 1-year accuracy 20 / 41 met price target | 21%upside $123 | Overweight Maintained | 13 Jan 2025 |
RBC Capital Walter Spracklin 33% 1-year accuracy 6 / 18 met price target | 71%upside $174 | Outperform Reiterated | 10 Jan 2025 |
Jefferies Stephanie Moore 67% 1-year accuracy 20 / 30 met price target | 18%upside $120 | Buy Upgraded | 10 Jan 2025 |
Financial journalist opinion
Based on 12 articles about CNI published over the past 30 days
Positive
The Motley Fool
2 days ago
The Smartest Dividend Stocks to Buy With $500 Right Now
There is a difference between the stock market and a market of stocks. The S&P 500 is currently near all-time highs, yet numerous high-quality stocks within the index trade at bargain valuations.
Positive
Seeking Alpha
3 days ago
7 A-Rated Dividend Aristocrat Bargains With Big Upside Potential In 2025
Seven Dividend Aristocrats are trading at 52-week lows, but if they return to their historical fair value, they could offer a 34% upside potential in 2025. These aristocrats have strong fundamentals, including a 2.1% yield, A-credit ratings, and an average 41-year dividend growth streak. Historically, these stocks have outperformed the S&P 500 with lower volatility, delivering consistent returns and robust income growth.
Positive
Benzinga
4 days ago
Canadian National Railway's Valuation Is An Opportunity, Analyst Shifts To Bullish Outlook
Stifel analyst Benjamin J. Nolan upgraded Canadian National Railway Company CNI to Buy from Hold while reducing the price target to $120 from $132.
Neutral
GlobeNewsWire
4 days ago
CN Launches New Medium Horsepower Hybrid Locomotive Pilot Project
MONTREAL, Jan. 16, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce the launch of its new medium horsepower hybrid electric locomotive developed in collaboration with Knoxville Locomotive Works (KLW). This innovative hybrid locomotive will undergo testing in various operational conditions across CN's network as a pilot project, to evaluate its potential to enhance operational efficiency and fuel savings, marking another step towards more modern and sustainable rail operations.
Positive
MarketBeat
5 days ago
3 Affordable Dividend Stocks to Buy Now for Income and Growth
The year 2025 is just getting started, and investors have as much pressure as ever to get their portfolios set in the right direction, as a few winners in the first half of the year can not only give investors confidence but also plenty of liquidity and room to then pursue the more aggressive deals in the market during the second half of the year. This is why having a mix of steady income through dividend stocks that are also cheap enough to offer upside becomes critical.
Neutral
GlobeNewsWire
6 days ago
CN's Acquisition of Iowa Northern Approved by STB
MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is pleased to announce that the U.S. Surface Transportation Board (STB) has approved CN's acquisition of Iowa Northern Railway Company (IANR).
Neutral
GlobeNewsWire
2 weeks ago
CN to Report Fourth-Quarter and Full-Year 2024 Financial and Operating Results on January 30, 2025
MONTREAL, Jan. 06, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its fourth-quarter and full-year 2024 financial and operating results after the market close on January 30, 2025.
Negative
Zacks Investment Research
2 weeks ago
Here's Why You Should Avoid Canadian National Stock for Now
High debt, rise in operating expenses, and supply-chain disruptions represent major tailwinds for CNI.
Positive
Seeking Alpha
3 weeks ago
I Bought More Canadian National As 2024 Closes
Canadian National Railway's stock dip presents a long-term buying opportunity, despite a 19% drop in New York due to currency risks and tariff concerns. Railroads, including CNI, are capital-intensive but can yield strong returns through efficiency, fuel-efficiency, and cash returns via buybacks and dividends. Canadian National's Q3 showed mixed results with a slight EPS beat and revenue growth, but challenges in intermodal and automotive sectors impacted performance.
Positive
Market Watch
4 weeks ago
Trump's pick to lead Federal Railroad Administration a positive for railroad stocks, says analyst
David Fink, the former president of Pan Am Railways, is “carrier friendly,” according to TD Cowen.
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