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

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder bought 543 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were purchased at an average cost of C$157.53 per share, for a total transaction of C$85,539.88.

Canadian National Railway Stock Performance

Canadian National Railway stock opened at C$157.30 on Friday. The firm 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 quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 107.62. Canadian National Railway has a twelve month low of C$143.13 and a twelve month high of C$181.34. The company has a market capitalization of C$99.02 billion, a PE ratio of 18.68, a P/E/G ratio of 2.06 and a beta of 0.65.

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

Canadian National Railway Dividend Announcement

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

Wall Street Analysts Forecast Growth

CNR has been the topic of several research analyst reports. BMO Capital Markets decreased their price target on shares of Canadian National Railway from C$182.00 to C$178.00 and set an “outperform” rating on the stock in a report on Wednesday, September 11th. CIBC cut their price objective on Canadian National Railway from C$170.00 to C$160.00 and set a “neutral” rating for the company in a report on Wednesday, September 11th. National Bankshares decreased their price objective on shares of Canadian National Railway from C$190.00 to C$186.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 24th. Royal Bank of Canada dropped their target price on shares of Canadian National Railway from C$169.00 to C$160.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 11th. Finally, Wells Fargo & Company raised shares of Canadian National Railway to a “hold” rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$174.71.

Canadian National Railway Company Profile

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.