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

Canadian National Railway (TSE:CNR) (NYSE:CNI) Director Shauneen Elizabeth Bruder bought 488 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were bought at an average price of C$177.40 per share, with a total value of C$86,571.20.

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

• On Thursday, February 1st, Shauneen Elizabeth Bruder bought 6,000 shares of Canadian National Railway stock. The shares were bought at an average price of C$168.44 per share, with a total value of C$1,010,640.00.

Canadian National Railway Stock Performance

Shares of CNR stock opened at C$178.37 on Friday. The firm has a market cap of C$114.20 billion, a PE ratio of 20.91, a P/E/G ratio of 2.06 and a beta of 0.66. Canadian National Railway has a 12 month low of C$143.13 and a 12 month high of C$181.34. The company’s fifty day simple moving average is C$173.43 and its 200-day simple moving average is C$161.83. The company has a quick ratio of 0.58, a current ratio of 0.61 and a debt-to-equity ratio of 93.89.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings data on Tuesday, January 23rd. The company reported C$2.02 EPS for the quarter, beating the consensus estimate of C$1.96 by C$0.06. The firm had revenue of C$4.47 billion for the quarter, compared to the consensus estimate of C$4.38 billion. Canadian National Railway had a net margin of 33.43% and a return on equity of 27.11%. Equities research analysts expect that Canadian National Railway will post 8.0022696 EPS for the current fiscal year.

Canadian National Railway Increases Dividend

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

Analyst Ratings Changes

Several research firms recently commented on CNR. TD Securities increased their price objective on shares of Canadian National Railway from C$180.00 to C$185.00 and gave the company a “hold” rating in a research note on Wednesday, January 24th. Desjardins increased their price objective on shares of Canadian National Railway from C$171.00 to C$189.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. BMO Capital Markets increased their price objective on shares of Canadian National Railway from C$175.00 to C$185.00 and gave the company an “outperform” rating in a research note on Wednesday, January 24th. Veritas Investment Research cut shares of Canadian National Railway from a “buy” rating to a “reduce” rating and set a C$168.00 price objective for the company. in a research note on Wednesday, January 24th. Finally, ATB Capital increased their price objective on shares of Canadian National Railway from C$165.00 to C$180.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Canadian National Railway presently has an average rating of “Hold” and a consensus price target of C$179.43.

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.