How Have the Numbers Shaped Up for Canadian National Railway (NYSE:CNI)

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Earnings results for Canadian National Railway (NYSE:CNI)

Canadian National Railway last announced its earnings results on July 19th, 2021. The transportation company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.01. The firm earned $3.60 billion during the quarter, compared to the consensus estimate of $3.63 billion. Its quarterly revenue was up 12.1% compared to the same quarter last year. Canadian National Railway has generated $3.96 earnings per share over the last year ($4.41 diluted earnings per share) and currently has a price-to-earnings ratio of 27.8. Earnings for Canadian National Railway are expected to grow by 13.06% in the coming year, from $4.67 to $5.28 per share. Canadian National Railway has confirmed that its next quarterly earnings report will be published on Tuesday, October 19th, 2021. Canadian National Railway will be holding an earnings conference call on Tuesday, October 19th at 4:30 PM Eastern. Interested parties can .

Analyst Opinion on Canadian National Railway (NYSE:CNI)

According to the issued ratings of 23 analysts in the last year, the consensus rating for Canadian National Railway stock is Hold based on the current 13 hold ratings and 10 buy ratings for CNI. The average twelve-month price target for Canadian National Railway is $142.65 with a high price target of $175.00 and a low price target of $112.00.
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on CNI’s analyst rating history

Canadian National Railway has received a consensus rating of Hold. The company’s average rating score is 2.43, and is based on 10 buy ratings, 13 hold ratings, and no sell ratings. According to analysts’ consensus price target of $142.65, Canadian National Railway has a forecasted upside of 16.3% from its current price of $122.69. Canadian National Railway has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Canadian National Railway (NYSE:CNI)

Canadian National Railway pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends. Canadian National Railway does not have a long track record of dividend growth. The dividend payout ratio of Canadian National Railway is 48.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian National Railway will have a dividend payout ratio of 36.74% next year. This indicates that Canadian National Railway will be able to sustain or increase its dividend.

Insiders buying/selling: Canadian National Railway (NYSE:CNI)

In the past three months, Canadian National Railway insiders have not sold or bought any company stock. Only 2.40% of the stock of Canadian National Railway is held by insiders. 56.45% of the stock of Canadian National Railway is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Canadian National Railway (NYSE:CNI

Earnings for Canadian National Railway are expected to grow by 13.06% in the coming year, from $4.67 to $5.28 per share. The P/E ratio of Canadian National Railway is 27.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.90. The P/E ratio of Canadian National Railway is 27.82, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 45.58. Canadian National Railway has a PEG Ratio of 3.18. PEG Ratios above 1 indicate that a company could be overvalued. Canadian National Railway has a P/B Ratio of 5.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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