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Canadian National Railway Co CNI Stock Quote

| Rating as of

NYSE: CNI

Last close prices updated as of Feb 06, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 118.36
  • Sector Industrials
  • Industry Railroads
  • Investment Style Large Blend
  • Day Range 118.27  –  119.93
  • Year Range 103.79  –  137.19
  • Market Cap 79.5879 Bil
  • Volume / Avg 804,181.0 /  1.0 Mil
  • Price / Sales 6.38
  • Price / Book 4.99
  • Forward Div Yield 2.00%
  • Trailing Div Yield 2.48%

Morningstar‘s Stock Analysis CNI

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5-Star Price

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Economic Moat

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Capital Allocation

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Intermodal Volumes and Industrial Markets Soften for Canadian National; 2023 Outlook Muted

Matthew Young Senior Equity Analyst

Business Strategy and Outlook

| Matthew Young |

While peers have caught up over the years, especially Canadian Pacific, Canadian National was long the highest-margin (lowest operating ratio, or OR) Class I railroad due to being the precision railroading pioneer in the 2000s. Recall that PSR architect Hunter Harrison left CN in 2009 and subsequently ended up applying his playbook at CP. Historically speaking, CN bolstered its velocity by making greater use of distributed-power locomotives and extending sidings at port staging areas. Running a scheduled railroad requires commitment to on-time train departures from both employees and customers queuing cars for departure. We think PSR is still in CN's DNA, though over the past few years, we sense management was focused more on growth than margins (albeit growth has been tempered in recent years by external events like congestion, strikes, blockages, tough weather, and so forth).

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Key Statistics CNI

Company Profile CNI

Business Description

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.

Contact
935 de La Gauchetiere Street West
Montreal, QC, H3B 2M9, CAN
Industry Railroads
Employees 23,971

Related Articles CNI

FAQs for Canadian National Railway Co Stock

Yes. CNI has a forward dividend yield of 1.97%. See CNI’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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CNI’s market cap is 79.59 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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CNI’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CNI’s price/sales is 6.42.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

CNI’s price/forward earnings is 20.24.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

CNI’s price/book is 4.99.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See CNI’s valuation ratios compared to the Market Index.

CNI’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CNI’s historical performance against its industry peers and the overall market.