Somewhat Favorable News Coverage Somewhat Unlikely to Affect Canadian National Railway (CNI) Share P

Press coverage about Canadian National Railway (NYSE:CNI) (TSE:CNR) has been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Canadian National Railway earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the transportation company an impact score of 47.5112066080017 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

Get Canadian National Railway alerts: Keep an eye on Price Trends: Canadian National Railway Company (CNI), Telephone and Data Systems, Inc. (TDS) (talktraders.com) Amtrak study could help trains run on time (whig.com) Canadian National Railway Is Regaining Momentum (seekingalpha.com) JetBlue Announces Ratification of 4-Year Pilot Contract (finance.yahoo.com) Norfolk Southern Rewards Shareholders With 11% Dividend Hike (finance.yahoo.com)

Several research firms have recently weighed in on CNI. Zacks Investment Research upgraded Canadian National Railway from a “hold” rating to a “buy” rating and set a $101.00 price target for the company in a research note on Monday. CIBC downgraded Canadian National Railway from a “sector outperform” rating to a “sector perform” rating in a research note on Tuesday, May 1st. Cowen reiterated a “buy” rating and set a $98.00 price target on shares of Canadian National Railway in a research note on Wednesday, July 25th. Goldman Sachs Group downgraded Canadian National Railway from a “buy” rating to a “neutral” rating and set a $102.00 price target for the company. in a research note on Monday, May 14th. Finally, Citigroup increased their price target on Canadian National Railway from $85.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Thirteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Canadian National Railway currently has an average rating of “Hold” and a consensus target price of $89.98.

Canadian National Railway opened at $88.55 on Thursday, MarketBeat reports. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 0.54. The firm has a market cap of $65.38 billion, a PE ratio of 23.06, a PEG ratio of 2.30 and a beta of 1.04. Canadian National Railway has a fifty-two week low of $70.59 and a fifty-two week high of $90.57.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Tuesday, July 24th. The transportation company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.05 by $0.46. Canadian National Railway had a return on equity of 22.90% and a net margin of 42.08%. The business had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter last year, the company earned $1.34 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year. equities analysts forecast that Canadian National Railway will post 4.14 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 7th will be paid a $0.3429 dividend. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $1.37 annualized dividend and a yield of 1.55%. Canadian National Railway’s dividend payout ratio is currently 36.46%.

Canadian National Railway Company Profile

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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