Canadian National Railway (NYSE:CNI) Given Coverage Optimism Score of 0.19
News articles about Canadian National Railway (NYSE:CNI) (TSE:CNR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Canadian National Railway earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 46.6599385549082 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Atkore International Group Inc. (ATKR) and Canadian National Railway Company (CNI) Weigh On Beatable Move – Investing News Update (investingbizz.com)
- Canadian National Railway Compa (CNI) Position Down in Latest Report from Sentry Investments Corp. – Modern Readers (modernreaders.com)
- $1.07 Earnings Per Share Expected for Canadian National Railway Company (NYSE:CNI) This Quarter (americanbankingnews.com)
- Carnival Corporation (CCL) is at $68.00 per share and Canadian National Railway Company (CNI) is listed at $79.85 – Stocks Gallery (stocksgallery.com)
- ETFs with exposure to Canadian National Railway Co. : August 8, 2017 (finance.yahoo.com)
CNI has been the subject of several research reports. BidaskClub upgraded shares of Canadian National Railway from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research upgraded shares of Canadian National Railway from a “hold” rating to a “buy” rating and set a $93.00 price target for the company in a research report on Tuesday, July 11th. Stifel Nicolaus increased their price target on shares of Canadian National Railway from $74.00 to $79.00 and gave the company a “hold” rating in a research report on Thursday, June 15th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Canadian National Railway in a report on Friday, July 28th. Finally, Cowen and Company upped their price objective on shares of Canadian National Railway from $77.00 to $81.00 and gave the company an “outperform” rating in a report on Tuesday, April 25th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $80.56.
Shares of Canadian National Railway (NYSE CNI) traded down 0.05% during midday trading on Wednesday, hitting $80.04. 1,106,265 shares of the stock were exchanged. The stock has a market cap of $60.11 billion, a P/E ratio of 19.75 and a beta of 1.11. Canadian National Railway has a 52-week low of $61.11 and a 52-week high of $84.48. The firm’s 50 day moving average price is $81.24 and its 200-day moving average price is $75.14.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 8th will be given a dividend of $0.3276 per share. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.31. This represents a $1.31 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Thursday, September 7th. Canadian National Railway’s payout ratio is presently 31.77%.
About Canadian National Railway
Canadian National Railway Company 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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