CNI - Canadian National Railway Company

NYSE - NYSE Delayed Price. Currency in USD
89.70
+1.30 (+1.48%)
At close: 4:02PM EST
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Previous Close88.40
Open88.93
Bid85.09 x 800
Ask89.75 x 800
Day's Range88.79 - 89.88
52 Week Range70.36 - 96.49
Volume801,166
Avg. Volume919,922
Market Cap64.099B
Beta (3Y Monthly)0.92
PE Ratio (TTM)15.27
EPS (TTM)5.87
Earnings DateN/A
Forward Dividend & Yield1.64 (1.85%)
Ex-Dividend Date2019-12-06
1y Target Est93.98
  • RRSP Alert: 2 Top Canadian Dividend Stocks to Start a Self-Directed Pension
    The Motley Fool

    RRSP Alert: 2 Top Canadian Dividend Stocks to Start a Self-Directed Pension

    Young Canadian are starting to put some earnings aside for their retirement years.

  • Long-Term Investors: The Number 1 Mistake You’ll Want to Avoid in 2020
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    Long-Term Investors: The Number 1 Mistake You’ll Want to Avoid in 2020

    Finding companies to add to your portfolio that you have confidence in for the long run will be key in 2020, such as Canadian National Railway Co (TSX:CNR)(NYSE:CNI).

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  • GlobeNewswire

    CN 100 Celebrations in Regina Were a Success

    REGINA, Saskatchewan, Dec. 06, 2019 -- CN (TSX: CNR) (NYSE: CNI) is pleased that the CN 100: A Moving Celebration, the moving container village celebrating the people, history.

  • Is Canadian National Railway (TSX:CNR) a Buy at the Current Price?
    The Motley Fool

    Is Canadian National Railway (TSX:CNR) a Buy at the Current Price?

    Is Canadian National Railway stock an attractive buy for value investors?

  • CN Rail (TSX:CNR) Is a Must-Buy After Strike Woes
    The Motley Fool

    CN Rail (TSX:CNR) Is a Must-Buy After Strike Woes

    Canadian National Railway (TSX:CNR)(NYSE:CNI) took another dip thanks in part to lingering effects of the recently ended Teamsters strike.

  • Baystreet

    Stocks in play: Canadian National Railways

    And Teck Resources Limited announced today a long-term rail agreement for shipping of steelmaking coal ...

  • Stock Market News for Dec 4, 2019
    Zacks

    Stock Market News for Dec 4, 2019

    Wall Street plunged on Tuesday owing to uncertainty about a phase-one trade deal with China anytime in near future.

  • Canadian National's 2019 Earnings View Bleak Due to Strike
    Zacks

    Canadian National's 2019 Earnings View Bleak Due to Strike

    Canadian National (CNI) anticipates the work stoppage to have affected 2019 earnings per share to the tune of C$0.15.

  • GlobeNewswire

    Teck and CN Announce Significant Rail Shipping Agreement

    CN (CNR.TO) (CNI) and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced today a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. The agreement runs from April 2021 to December 2026, and will enable Teck to significantly increase shipment volumes through an expanded Neptune Terminals. The agreement also provides for investments by CN of more than $125 million to enhance rail infrastructure and support increased shipment volumes to Neptune.

  • GlobeNewswire

    Media Advisory: JJ Ruest, CN president and chief executive officer, to address 7th Annual Credit Suisse Industrials Conference on December 4

    MONTREAL, Dec. 03, 2019 -- JJ Ruest, president and chief executive officer, of CN (TSX: CNR) (NYSE: CNI), will address the 7th Annual Credit Suisse Industrials Conference in.

  • CN Rail strike to weigh on 2019 profit, shares fall
    Reuters

    CN Rail strike to weigh on 2019 profit, shares fall

    Shares in CN, which counts billionaire Bill Gates' investment firm as its biggest shareholder, fell almost 2% in morning trading in both New York and Toronto, after the company said it expects 2019 adjusted diluted per share growth in low to mid single-digit range. CN had previously forecast growth in the high single-digit range. CN, Canada's largest railroad, estimated the strike to slice around C$0.15 from its full year earnings per share.

  • CN cuts profit guidance due to strike, layoffs still planned despite backlog
    The Canadian Press

    CN cuts profit guidance due to strike, layoffs still planned despite backlog

    MONTREAL — Canadian National Railway Co. cut its profit forecast Tuesday in the wake of an eight-day strike by 3,200 workers that brought the railway to a near halt.CN now predicts 2019 adjusted diluted earnings per share will grow in the mid single-digit range, down from earlier guidance targeting the high single-digits.The strike reduced its earnings per share by about 15 cents, CN estimated."While we expect to take some time and we remain dependent on favourable weather, we are pleased by how things are progressing," said chief executive JJ Ruest in a statement.Despite the backlog of freight and containers, the company suggested it would go ahead with planned layoffs of roughly 1,600 employees as economic growth slows.The Montreal-based railway said it "remains focused on continuing to realign its resources in light of the weaker demand, including its workforce, to address cost takeout efforts that started prior to the strike."CN confirmed last month layoffs were coming and a source familiar with the matter cited about 1,600 impending job losses.Meanwhile, chief rival Canadian Pacific Railway Ltd. moved more Canadian grain in November than in any month in its 138-year history.CP announced Monday it shipped 2.74 million tonnes of grain, three per cent more than its record-setting October load amid a hefty harvest that has put pressure on rail networks.CN reached a tentative agreement last week with Teamsters Canada to end the longest rail strike since 2012.Analyst Walter Spracklin of RBC Dominion Securities said the revised guidance "comes entirely as expected" after the labour stoppage.He stressed in a note to investors that "CN's resolve to realign all resources" — including workers — "remains intact."This report by The Canadian Press was first published Dec. 3, 2019.Companies in this story: (TSX:CNR, TSX:CP)Christopher Reynolds, The Canadian Press

  • GlobeNewswire

    CN Continues to Execute Recovery Plan

    CN (CNR.TO) (CNI) today announced that its recovery plan is on track and that it is revising its guidance following the impact of the 8-day strike. “Our discipline on our recovery plan is delivering results,” said JJ Ruest, president and chief executive officer of CN. CN would like to thank its customers for the collaboration they have provided during the recovery process and will continue to work closely with them.

  • Canadian National Railway Company (TSE:CNR)'s Could Be A Buy For Its Upcoming Dividend
    Simply Wall St.

    Canadian National Railway Company (TSE:CNR)'s Could Be A Buy For Its Upcoming Dividend

    Readers hoping to buy Canadian National Railway Company (TSE:CNR) for its dividend will need to make their move...

  • Canadian Retirees: How the Rail Strike Impacts Your Income
    The Motley Fool

    Canadian Retirees: How the Rail Strike Impacts Your Income

    The eight-day Canadian National Railway Co (TSX:CNR)(NYSE:CNI) strike may soon have more substantial impacts on the retirement income of retirees in Canada.

  • The Canadian Press

    Most actively traded companies on the TSX

    Some of the most actively traded companies on the Toronto Stock Exchange Friday:Husky Energy Inc. (TSX:HSE). Energy. Down 37 cents, or 3.69 per cent, to $9.67 on 8.78 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Down three cents, or 12.24 per cent, to 21.5 cents on 6.62 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down 16 cents, or 4.6 per cent, to $3.32 on 6.62 million shares.Harte Gold Corp. (TSX:HRT). Materials. Up 5.5 cents, or 40.74 per cent, to 19 cents on 5.29 million shares.Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 2.43 per cent, to $5.21 on 4.49 million shares.Manulife Financial Corp. Financial Services. Down three cents, or 11 per cent, to $26.13 on 4.46 million shares. Companies in the news:Canadian National Railway Co. (TSX:CNR). Down $1.64 or 1.34 per cent to $120.61. Canadian National Railway Co. says it is striving to address grain and propane backlogs as it ramps up service following an eight-day strike, but industry producers are demanding priority treatment that may not come. The railyway ground to a near halt after 3,200 conductors and yard workers picketed last week, operating at 10 per cent capacity and stopping corn and canola shipments. The company is deploying extra resources as it tries to unclog its crowded rail yards, but says extra product movement is not a guarantee.This report by The Canadian Press was first published Nov. 29, 2019.The Canadian Press

  • CN ramps up rail service as grain, propane industries demand priority
    The Canadian Press

    CN ramps up rail service as grain, propane industries demand priority

    MONTREAL — Canadian National Railway Co. says it is striving to address grain and propane backlogs as it ramps up service following an eight-day strike, but industry producers are demanding priority treatment that may not come.The country's largest railway ground to a near halt after 3,200 CN rail conductors and yard workers hit the picket lines last week, operating at 10 per cent capacity and stopping shipments of corn and canola, which sat in full silos that prevented further crop harvests for lack of storage space.The delay added to the woes of a late harvest that had already put pressure on the rail network as grain producers fretted over demurrage fees and contract extension penalties."We don't prioritize any commodities. When you're in recovery mode, you're focused on getting trains moving," said Sean Finn, CN's head of corporate affairs and chief legal officer.CN is deploying extra resources as it tries to unclog its crowded rail yards, but extra product movement is not a guarantee, he said. The railway aims to move about 5,000 grain hoppers this week, versus nearly 6,900 cars the week before the strike."CN has indicated that they will not be opening up the floodgates. They don’t want to overwhelm the system, and we recognize that that is a concern," Erin Gowriluk, head of the Grain Growers of Canada, said in a phone interview."But this is prime time for Canada’s grain sector, and the window is closing. Farmers need to get those crops into the bin, and what’s in the bin right now we need to get on track, literally, and off to port."Gowriluk described herself as "hopeful — I'm not sure I'm optimistic — but I think collectively we’re hopeful that the results will reflect their commitment, because the commitment, I think, is there."Farmers in Quebec faced the double crunch of stalled shipments and a propane shortage. The province began to ration the gas, which is used to dry crops as well as heat hospitals and nursing homes, the day after rail workers walked off the job on Nov. 19.The Canadian Propane Association is calling on the country's largest railway to give "priority support to replenish propane" in Ontario, Quebec the Maritimes. The industry group warned that unpredictable delivery could exacerbate the shortage at the onset of winter, when colder weather means shorter trains due to the effect on the air brake system.Two trains filled with 10 million litres of propane each have already arrived in eastern Ontario and Montreal, said Finn."We think the propane challenge that was attributed to us during the strike is being addressed. And hopefully we’ll be in a position where most propane orders in the course of the next week will be filled," he said.In Western Canada, a $130-million backlog of Prairie grain may lose much of its value if trains can't ship it to port before spring, when prices typically drop amid heightened global supply, said Western Grain Elevator Association executive director Wade Sobkowich."If you're not getting enough cars or as many cars as you need — which is what happens in the rail freight sector in the winter period — do you ever actually make that up?" Sobkowich asked.CN and Teamsters Canada reached a tentative deal Tuesday to renew a collective agreement, ending the longest rail strike since 2012 that halted shipments, triggered layoffs and disrupted industries across the country.The rail workers, who have been without a contract since July 23, said they were concerned about long hours, fatigue and what they consider dangerous working conditions, while CN argued that the strike revolved more around wages.Ratification of the settlement agreement is expected within eight weeks.This report by The Canadian Press was first published Nov. 29, 2019.Companies in this story: (TSX:CNR)Christopher Reynolds, The Canadian Press

  • Why the Strike Proved CN Rail (TSX:CNR) Stock Is a Defensive Buy
    The Motley Fool

    Why the Strike Proved CN Rail (TSX:CNR) Stock Is a Defensive Buy

    Though Canadian National Railway Co. (TSX:CNR)(NYSE:CNI) dipped during the strike, its resilience makes for a strong long-term play.

  • Canadian National Railway hopes to be back on track by Christmas: senior official
    Reuters

    Canadian National Railway hopes to be back on track by Christmas: senior official

    Canadian National Railway Co hopes to recover from the effects of the country's biggest rail strike in a decade before Christmas, and would even look at bringing back recently cut crews and locomotives, a senior official said on Thursday. The eight-day strike by some 3,200 conductors and yard workers at Canada's largest railway delayed shipments of grain, propane and other goods. The stoppage over demands for improved working conditions and rest breaks ended on Tuesday as the company reached a tentative agreement with the Teamsters union.

  • GlobeNewswire

    CN Focused on Disciplined Recovery and Growth

    MONTREAL, Nov. 28, 2019 -- CN (TSX: CNR) (NYSE: CNI) today announced that it is implementing a recovery plan following the end of the 8-day long strike. “CN remains focused on.

  • Canadian National Reaches Tentative Deal With Teamsters
    Zacks

    Canadian National Reaches Tentative Deal With Teamsters

    Canadian National (CNI) ends eight-day strike, entering into a tentative agreement with Teamsters union. Additionally, the notices on layoffs in Halifax have been revoked.

  • GlobeNewswire

    Ghislain Houle, CN executive vice-president and chief financial officer, to address 7th Annual Credit Suisse Industrials Conference on December 4

    MONTREAL, Nov. 27, 2019 -- Ghislain Houle, executive vice-president and chief financial officer of CN (TSX: CNR) (NYSE: CNI), will address the 7th Annual Credit Suisse.

  • Canadian National Railway resume services after biggest rail strike in a decade ends
    Reuters

    Canadian National Railway resume services after biggest rail strike in a decade ends

    MONTREAL/OTTAWA (Reuters) - Operations resumed at Canada's largest railway, Canadian National Railway Co., on Wednesday, a day after company and union officials reached a tentative deal to end an eight-day-long strike that had triggered a severe propane shortage and left many Canadian exports stranded. A CN spokesman said on Wednesday that there were no hiccups in the return to work and that trains were resuming operations as expected. The company had said Tuesday operations would resume across Canada at 6 a.m. local time on Wednesday.