Canadian National Railway (TSE:CNR) (NYSE:CNI)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$91.38 and last traded at C$91.53, with a volume of 576257 shares changing hands. The stock had previously closed at C$92.93.

A number of equities analysts have recently weighed in on CNR shares. Royal Bank of Canada lowered their price target on shares of Canadian National Railway from C$112.00 to C$105.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 6th. Desjardins lowered their price target on shares of Canadian National Railway from C$116.00 to C$115.00 and set a “buy” rating on the stock in a research note on Wednesday, January 24th. CIBC upped their price target on shares of Canadian National Railway from C$110.00 to C$116.00 in a research note on Thursday, January 4th. Raymond James Financial lowered their price target on shares of Canadian National Railway from C$115.00 to C$110.00 and set a “market perform” rating on the stock in a research note on Wednesday, January 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Canadian National Railway from C$103.00 to C$109.00 in a research note on Thursday, January 11th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of C$108.80.

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The firm has a market capitalization of $71,450.00, a P/E ratio of 12.65 and a beta of 0.58.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings data on Tuesday, January 23rd. The company reported C$1.20 EPS for the quarter, missing the Zacks’ consensus estimate of C$1.23 by C($0.03). The business had revenue of C$3.29 billion during the quarter, compared to analyst estimates of C$3.29 billion. Canadian National Railway had a net margin of 79.48% and a return on equity of 65.99%.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 8th will be paid a $0.455 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 1.99%. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.41. The ex-dividend date is Wednesday, March 7th. Canadian National Railway’s dividend payout ratio is presently 22.70%.

In other Canadian National Railway news, insider Scott Daniels acquired 1,000 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were purchased at an average cost of C$94.35 per share, with a total value of C$94,350.00. Also, insider Sean Finn sold 15,425 shares of the stock in a transaction dated Monday, January 29th. The shares were sold at an average price of C$98.21, for a total transaction of C$1,514,889.25.

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About Canadian National Railway

Canadian National Railway Co is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.

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