Canadian National Railway (TSE:CNR) Director Susan C. Jones Buys 1,230 Shares

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Susan C. Jones acquired 1,230 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The shares were acquired at an average price of C$162.05 per share, with a total value of C$199,324.82.

Canadian National Railway Price Performance

TSE:CNR opened at C$161.37 on Friday. Canadian National Railway has a 52 week low of C$143.13 and a 52 week high of C$181.34. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 107.62. The stock has a market capitalization of C$101.58 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 2.06 and a beta of 0.65. The stock’s 50-day moving average price is C$158.95 and its 200-day moving average price is C$166.99.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Tuesday, July 23rd. The company reported C$1.84 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.93 by C($0.09). Canadian National Railway had a return on equity of 27.41% and a net margin of 32.02%. The firm had revenue of C$4.33 billion during the quarter, compared to analyst estimates of C$4.40 billion. As a group, equities analysts expect that Canadian National Railway will post 8.8716518 EPS for the current fiscal year.

Canadian National Railway Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 27th will be issued a $0.845 dividend. This represents a $3.38 annualized dividend and a yield of 2.09%. The ex-dividend date is Friday, September 6th. Canadian National Railway’s payout ratio is 40.14%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Royal Bank of Canada decreased their price objective on Canadian National Railway from C$169.00 to C$160.00 and set a “sector perform” rating for the company in a report on Wednesday, September 11th. UBS Group decreased their price objective on Canadian National Railway from C$202.00 to C$189.00 in a report on Wednesday, July 24th. JPMorgan Chase & Co. reduced their target price on Canadian National Railway from C$180.00 to C$176.00 in a research note on Wednesday, July 24th. ATB Capital reduced their target price on Canadian National Railway from C$177.00 to C$167.00 in a research note on Thursday, September 12th. Finally, Sanford C. Bernstein lowered Canadian National Railway from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from C$195.00 to C$179.00 in a research note on Monday, July 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Canadian National Railway presently has a consensus rating of “Hold” and a consensus target price of C$174.93.

About Canadian National Railway

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.