Canadian National Railway
CNI
Market cap $72.2B

113.54 USD

-0.68

0.6%

At close Oct 4, 4:00 PM EDT

After hours

113.10

-0.44

0.39%

1 day

-0.60%

5 days

-2.21%

1 month

-4.22%

3 months

-3.71%

6 months

-11.98%

Year to date

-9.49%

1 year

6.66%

5 years

33.51%

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 12 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

141% more call options, than puts

Call options by funds: $214M | Put options by funds: $88.9M

0% less funds holding

Funds holding: 838 [Q1] → 837 (-1) [Q2]

0.24% less ownership

Funds ownership: 69.27% [Q1] → 69.03% (-0.24%) [Q2]

1% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 76

11% less capital invested

Capital invested by funds: $58.6B [Q1] → $52B (-$6.54B) [Q2]

17% less repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 310

31% less funds holding in top 10

Funds holding in top 10: 39 [Q1] → 27 (-12) [Q2]

See Fund Rankings

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$119

5%

upside

Avg. target

$126

11%

upside

High target

$137

21%

upside

12 analyst ratings

1 positive

8%

11 neutral

92%

0 negative

0%

B of A Securities Ken Hoexter 42% 1-year accuracy 14 / 33 met price target	7%upside $122	Neutral Downgraded	4 Oct 2024
Barclays Brandon Oglenski 49% 1-year accuracy 17 / 35 met price target	7%upside $121	Equal-Weight Maintained	25 Sept 2024
Evercore ISI Group Jonathan Chappell 55% 1-year accuracy 12 / 22 met price target	5%upside $119	In-Line Maintained	25 Sept 2024
B of A Securities Ken Hoexter 42% 1-year accuracy 14 / 33 met price target	14%upside $129	Buy Maintained	11 Sept 2024
Stephens & Co. Justin Long 64% 1-year accuracy 7 / 11 met price target	7%upside $122	Equal-Weight Maintained	24 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 18 articles about CNI published over the past 30 days

CN to Report Third-Quarter 2024 Financial and Operating Results on October 22, 2024

MONTREAL, Oct. 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its third-quarter 2024 financial and operating results after the market close on October 22, 2024.

CN to Report Third-Quarter 2024 Financial and Operating Results on October 22, 2024

Zacks Investment Research

Here's Why Investors Should Retain Canadian National Stock for Now

Canadian National is benefiting from its technology advancement initiatives. The economic downturn and elevated expenses are hurting its prospects.

Here's Why Investors Should Retain Canadian National Stock for Now

Disposition of Common Shares of Canadian National Railway Company

KIRKLAND, Wash., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Cascade Investment, L.L.C. (“Cascade”) announced today that it has disposed of 5,994,691 common shares (“Common Shares”) of Canadian National Railway Company (“CN”) by transferring ownership and control of the Common Shares in a private transaction for no consideration. Following the disposition, Cascade owns 3,539,451 Common Shares, representing approximately 0.56% of the issued and outstanding Common Shares. Immediately prior to the disposition, Cascade owned 9,534,142 Common Shares, representing approximately 1.51% of the issued and outstanding Common Shares. As the sole member of Cascade, William H. Gates III beneficially owns the Common Shares owned by Cascade.

Disposition of Common Shares of Canadian National Railway Company

CN Publishes Winter Plan for 2024-2025

MONTREAL, Oct. 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has published its 2024-2025 Winter Plan. “At CN, we know all too well that the winter brings unique operational challenges.

CN Publishes Winter Plan for 2024-2025

3 Dividend Titans With Pricing Power Straight From The Hedge Fund Playbook

Learning from successful hedge funds like Millennium means focusing on minimizing risks. To achieve this, I focus on companies with strong pricing power. They have wide moats and recurring revenue that help protect against economic downturns. I've identified three dividend stocks that stand out for their pricing power, market leadership, and ability to generate sustainable long-term returns.

3 Dividend Titans With Pricing Power Straight From The Hedge Fund Playbook

Unifor files a notice of dispute against Canadian National Railway

Canadian National Railway said on Friday that labor union Unifor has filed a notice of dispute to the Canadian Minister of Labor, just three days after initiating negotiations.

Unifor files a notice of dispute against Canadian National Railway

Unifor Files a Notice of Dispute

MONTREAL, Sept. 27, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that Unifor has filed a Notice of Dispute three days after the beginning of negotiations. The Union represents 3,300 Mechanical, Clerical, and Intermodal employees in Canada across three collective agreements. The current collective agreements expire on December 31, 2024.

Unifor Files a Notice of Dispute

Canadian National Railway: On Track For Continued Growth With Labor Challenges Out Of The Way

CN Rail reported decent Q2'24 results, highlighting strong revenue growth and improved profit margins, driven by effective cost management and strategic investments. Recent labor challenges appear to be mostly behind the company for now, with no stoppages as a result of labor dispute now that both parties are in mandatory arbitration. While guidance was revised lower, I think this has been already priced into the stock with the company trading below the peer group and below its historical valuation multiple.

Canadian National Railway: On Track For Continued Growth With Labor Challenges Out Of The Way

CN Police Services Mobilizing for Rail Safety Week 2024

Be Rail Smart: Stop, Look, Listen, Live CN Police Officers Engage with Communities Across Canada to Raise Awareness and Help Save Lives MONTREAL, Sept. 23, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has launched its annual Rail Safety Week campaign to raise awareness about the vital importance of rail safety.

CN Police Services Mobilizing for Rail Safety Week 2024

CN Police Services Mobilizing for See Tracks? Think Train® Week 2024

CN Police Officers Engage with Communities Across the United States to Raise Awareness and Help Save Lives CN Police Officers Engage with Communities Across the United States to Raise Awareness and Help Save Lives

CN Police Services Mobilizing for See Tracks? Think Train® Week 2024

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