Canadian National Railway (TSE:CNR) Director Shauneen Elizabeth Bruder Acquires 488 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder acquired 488 shares of the stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of C$177.40 per share, for a total transaction of C$86,571.20.

Shauneen Elizabeth Bruder also recently made the following trade(s):

• On Thursday, February 1st, Shauneen Elizabeth Bruder purchased 6,000 shares of Canadian National Railway stock. The stock was bought at an average cost of C$168.44 per share, for a total transaction of C$1,010,640.00.

Canadian National Railway Price Performance

Shares of Canadian National Railway stock opened at C$178.63 on Thursday. The business’s 50 day simple moving average is C$173.17 and its two-hundred day simple moving average is C$161.72. Canadian National Railway has a one year low of C$143.13 and a one year high of C$181.34. The company has a debt-to-equity ratio of 93.89, a current ratio of 0.61 and a quick ratio of 0.58. The stock has a market capitalization of C$114.37 billion, a P/E ratio of 20.94, a price-to-earnings-growth ratio of 2.06 and a beta of 0.66.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 EPS for the quarter, topping analysts’ consensus estimates of C$1.96 by C$0.06. Canadian National Railway had a return on equity of 27.11% and a net margin of 33.43%. The company had revenue of C$4.47 billion during the quarter, compared to analyst estimates of C$4.38 billion. Analysts forecast that Canadian National Railway will post 8.0022696 EPS for the current year.

Canadian National Railway Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th will be given a $0.845 dividend. The ex-dividend date is Wednesday, March 6th. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.79. This represents a $3.38 dividend on an annualized basis and a dividend yield of 1.89%. Canadian National Railway’s dividend payout ratio is currently 39.62%.

Analyst Ratings Changes

CNR has been the subject of a number of recent research reports. Veritas Investment Research cut shares of Canadian National Railway from a “buy” rating to a “reduce” rating and set a C$168.00 target price for the company. in a research report on Wednesday, January 24th. ATB Capital lifted their price target on shares of Canadian National Railway from C$165.00 to C$180.00 and gave the company a “sector perform” rating in a report on Wednesday, January 24th. Scotiabank increased their target price on Canadian National Railway from C$173.00 to C$184.00 and gave the company a “sector perform” rating in a research report on Monday. Desjardins lifted their price objective on Canadian National Railway from C$171.00 to C$189.00 and gave the stock a “buy” rating in a research note on Thursday, January 18th. Finally, CIBC upped their price objective on shares of Canadian National Railway from C$177.00 to C$183.00 and gave the company a “neutral” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of C$179.43.

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.