Canadian National Railway Company (CNR) Insider Sells C$1,518,745.50 in Stock
Canadian National Railway Company (TSE:CNR) (NYSE:CNI) insider Sean Finn sold 15,425 shares of the company’s stock in a transaction dated Friday, July 28th. The stock was sold at an average price of C$98.46, for a total value of C$1,518,745.50.
Sean Finn also recently made the following trade(s):
- On Friday, June 2nd, Sean Finn sold 12,885 shares of Canadian National Railway stock. The stock was sold at an average price of C$106.07, for a total value of C$1,366,711.95.
Shares of Canadian National Railway Company (TSE CNR) opened at 100.87 on Monday. The firm’s 50-day moving average price is $103.48 and its 200 day moving average price is $99.80. Canadian National Railway Company has a 1-year low of $80.63 and a 1-year high of $108.64. The stock has a market capitalization of $75.75 billion and a P/E ratio of 19.84.
Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.34 EPS for the quarter, topping the Zacks’ consensus estimate of $1.31 by $0.03. Canadian National Railway had a return on equity of 27.63% and a net margin of 30.97%. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.22 billion. Analysts expect that Canadian National Railway Company will post $5.13 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 8th will be paid a $0.4125 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.65 dividend on an annualized basis and a yield of 1.64%.
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CNR has been the subject of several analyst reports. National Bank Financial upped their price objective on Canadian National Railway from C$94.00 to C$101.00 in a research report on Tuesday, April 25th. CIBC upped their price objective on Canadian National Railway from C$100.00 to C$105.00 in a research report on Tuesday, April 25th. Desjardins lowered their price objective on Canadian National Railway from C$105.00 to C$99.00 in a research report on Tuesday, April 25th. TD Securities reduced their target price on Canadian National Railway to C$105.00 and set a “hold” rating for the company in a report on Tuesday, April 25th. Finally, Raymond James Financial, Inc. boosted their target price on Canadian National Railway from C$112.00 to C$115.00 and gave the company an “outperform” rating in a report on Friday, June 16th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Canadian National Railway presently has an average rating of “Buy” and an average target price of C$101.31.
About Canadian National Railway
Canadian National Railway Company engages in rail and related transportation business. The company transports cargo, serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.
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