Shauneen Elizabeth Bruder Buys 543 Shares of Canadian National Railway (TSE:CNR) Stock

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder acquired 543 shares of the stock in a transaction dated Wednesday, September 25th. The stock was bought at an average cost of C$157.53 per share, with a total value of C$85,539.88.

Canadian National Railway Stock Performance

TSE:CNR opened at C$157.30 on Friday. The company has a market capitalization of C$99.02 billion, a P/E ratio of 18.68, a P/E/G ratio of 2.06 and a beta of 0.65. The business has a fifty day simple moving average of C$158.34 and a two-hundred day simple moving average of C$166.48. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58. Canadian National Railway has a 1 year low of C$143.13 and a 1 year high of C$181.34.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings data on Tuesday, July 23rd. The company reported C$1.84 earnings per share for the quarter, missing the consensus estimate of C$1.93 by C($0.09). The firm had revenue of C$4.33 billion during the quarter, compared to analysts’ expectations of C$4.40 billion. Canadian National Railway had a return on equity of 27.41% and a net margin of 32.02%. On average, analysts expect that Canadian National Railway will post 8.4685501 earnings per share for the current year.

Canadian National Railway Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be paid a dividend of $0.845 per share. This represents a $3.38 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date is Friday, September 6th. Canadian National Railway’s payout ratio is currently 40.14%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Scotiabank decreased their price target on Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating for the company in a report on Wednesday, September 11th. ATB Capital dropped their price target on shares of Canadian National Railway from C$177.00 to C$167.00 in a research report on Thursday, September 12th. Raymond James reduced their price objective on shares of Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. JPMorgan Chase & Co. dropped their target price on shares of Canadian National Railway from C$180.00 to C$176.00 in a research report on Wednesday, July 24th. Finally, CIBC cut their target price on Canadian National Railway from C$170.00 to C$160.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$174.71.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.