CNR.TO - Canadian National Railway Company
| Previous Close | 120.50 |
| Open | 121.92 |
| Bid | 122.66 x N/A |
| Ask | 122.98 x N/A |
| Day's Range | 120.62 - 122.85 |
| 52 Week Range | 96.46 - 127.96 |
| Volume | 784,264 |
| Avg. Volume | 989,353 |
| Market Cap | 88.132B |
| Beta (3Y Monthly) | 1.09 |
| PE Ratio (TTM) | 20.24 |
| EPS (TTM) | 6.06 |
| Earnings Date | Oct 22, 2019 |
| Forward Dividend & Yield | 2.15 (1.78%) |
| Ex-Dividend Date | 2019-09-06 |
| 1y Target Est | 119.89 |
- GlobeNewswire
CN 100 Celebrations Come to St. John’s
ST. JOHN’S, Newfoundland and Labrador, Aug. 15, 2019 (GLOBE NEWSWIRE) -- In celebration of its 100th anniversary, CN (CNR.TO) (CNI) is pleased to announce that CN 100 celebrations will be in St. John’s on August 15th, 2019. CN has a long and rich history in Newfoundland and Labrador and in St. John’s and is proud to include them on the CN 100 tour. CN was created by an Act of Parliament in Canada on June 6, 1919, and has since contributed continuously to Canada’s economy and prosperity.
- Benzinga
Canada Invests Over $100 Million In Rail-Related Infrastructure Projects
Federal agency Transport Canada and Minister of Transport Marc Garneau have made a string of rail-related infrastructure funding announcements in recent weeks. The C$2 billion National Trade Corridors' Fund "is a useful program as traffic, both international and domestic is growing," said Bob Ballentyne, president of the Freight Management Association of Canada.
- Motley Fool
The 10 Biggest Railroad Stocks
Here are the largest stocks you can buy in the railroad sector.
- Investopedia
Top 4 Railroad Stocks for 2019
Public railroad stocks can be especially attractive in a growth economy. Few industries are as closely tied to economic growth as those involved in moving goods and commodities. Railroad stocks have seen some volatility over the past few years, due in part to the falling fortune of coal, which accounts for nearly 40% of America's railroad tonnage.
- Financial Times
Michael Sabia: Canada’s CDPQ chief on reaching growth with ‘real assets’
Changes in leadership in the investment industry rarely make headlines beyond the financial press but Michael Sabia’s appointment as chief executive of one of North America’s largest institutional investors caused a political storm. The selection of Mr Sabia in 2009 to run the C$327bn ($245bn) Caisse de Dépôt et Placement du Québec, which manages the assets of about 40 Canadian pension funds and insurance plans, raised the hackles of Bernard Landry and Jacques Parizeau, two former premiers of Quebec.
- Benzinga
CSX And Canadian National To Form New Intermodal Service
Canadian National has expressed interest in recent months to fortify its presence in eastern Canada, including making plans to invest its resources at the ports of Halifax and Quebec. The new intermodal service will compete against trucks by converting shipments from over-the-road service to rail, which is typically less expensive.The service also might provide rate relief to ocean carriers moving goods between Montreal and the Port of New York and New Jersey.
- GlobeNewswire
CN 100 Celebrations in Charlottetown, PEI on August 10th at Confederation Centre of the Arts
In celebration of its 100th anniversary, CN (CNR.TO) (CNI) is pleased to announce that CN 100 celebrations will be in Charlottetown on August 10th at the Confederation Centre of the Arts (CCOA). CN has a long and rich history on Prince Edward Island and in Charlottetown and is proud to include these important historic CN locations on the CN 100 tour. CN was created by an Act of Parliament in Canada on June 6, 1919, and has since contributed continuously to Canada’s economy and prosperity.
- GlobeNewswire
CN and CSX Announce New Intermodal Service Offering
MONTREAL and JACKSONVILLE, Fla., Aug. 08, 2019 -- CN (TSX: CNR) (NYSE: CNI) and CSX (NASDAQ: CSX) are pleased to announce a new intermodal service offering between CN’s.
- Benzinga
Canadian Pacific Smashes Grain Volume Records In 2018-2019
Canadian Pacific (NYSE: CP) reached an all-time record in shipping grain volumes in the 2018-2019 crop year, the company said on August 1. The railway hauled 26.8 million metric tonnes of grain and grain products in the crop year that ran from August 1, 2018 to July 31, 2019. Canadian Pacific also reached an all-time monthly record in April when it moved 2.6 million metric tonnes.
- Motley Fool
How to Invest in Railroad Stocks
Everything you need to know about how and why to invest in trains and the cargo they haul.
- GlobeNewswire
After All-Time Record Year, CN Prepared to Move 2019-2020 Grain Crop
MONTREAL, Aug. 01, 2019 -- As part of its commitment to enable the growth of Canadian natural resources supply chains, CN (TSX: CNR) (NYSE: CNI) is pleased to announce that it.
- Simply Wall St.
How Many Canadian National Railway Company (TSE:CNR) Shares Do Institutions Own?
A look at the shareholders of Canadian National Railway Company (TSE:CNR) can tell us which group is most powerful...
- Benzinga
Canadian National Hauled Record Grain Volumes In 2018-2019
Canadian National (NYSE: CNI) reached an all-time record for hauling grain in the 2018-2019 crop year. Canadian National also reached an all-time monthly record in April of 2.72 mmt, and it hit monthly records in November and December 2018 and January 2019. The records occurred despite extreme weather conditions that stymied rail shipments in February and March, as well as restrictions on Canadian canola exports to China, the railway said.
- GlobeNewswire
CN Grain Movement: New All-Time Records Set
MONTREAL, July 29, 2019 -- CN (TSX: CNR) (NYSE: CNI) announced today that it moved more Canadian grain during the 2018-2019 crop year than ever before and set multiple new.
- GlobeNewswire
CN and GM Extend Agreements, Grow Relationship
CN (CNR.TO) (CNI) announced today that it has reached a new multiyear agreement with General Motors for the transportation of finished vehicles and assembly parts. The CN Vancouver automotive compound construction is now completed and GM will be the first tenant by October of 2019. The Minneapolis automotive compound construction is expected to be completed in late 2020, with GM operations at the site commencing in 2021.
- Thomson Reuters StreetEvents
Edited Transcript of CNR.TO earnings conference call or presentation 23-Jul-19 8:30pm GMT
Q2 2019 Canadian National Railway Co Earnings Call
- Motley Fool
Canadian National Railway's Record-Breaking Streak Continues
The freight rail giant is also preparing to make the most of two projects that recently came online.
- Benzinga
Canadian National "Cautiously Optimistic" About The Remainder Of 2019
There is some uncertainty for commodities such as grain, lumber, coal and crude, but Canadian National (NYSE: CNI) leaders are "cautiously optimistic" about volumes and how the company might perform in the second half of the year. "In regards to 2019, we are reaffirming our guidance with continued focus on costs, focus on our PSR [precision scheduled railroading] operation and focus on growth, but staying very mindful of market volatility," CNI chief executive officer J.J. Ruest said during his company's second quarter earnings call on July 23. One area of uncertainty is how much Alberta crude oil CNI can ship in the second half of 2019.
Motley FoolCanadian National Railway Co (CNI) Q2 2019 Earnings Call Transcript
CNI earnings call for the period ending June 30, 2019.
- Benzinga
Canadian National Sees Higher Profit In The Second Quarter
Canadian National (NYSE: CNI) reported increases in net profit and revenue in the second quarter of 2019, with its acquisition of trucking and transportation provider TransX providing both higher revenue and costs. The company said its adjusted net profit was $1.25 billion in the second quarter, compared with $1.12 billion for the same period in 2018. Second quarter revenue rose 9 percent to $3.96 billion, while operating income increased 11 percent to $1.68 billion.
- Reuters
Canadian National Railway profit beats on higher crude, grain shipments
Revenue in the petroleum and chemicals segment, including crude-by-rail shipments, rose about 25% in the second quarter, while revenue in the grain and fertilizers unit rose 8.4%. CN's U.S.-listed shares were up 2.4% at $93.30 after the bell. Pipeline congestion has helped crude by rail shipments recover recently, despite narrower differentials between U.S. and Canadian crude after Alberta government's mandated crude production cuts.
- Reuters
UPDATE 3-Canadian National Railway profit beats on higher crude, grain shipments
Canadian National Railway Co beat analysts' estimates for quarterly adjusted profit on Tuesday, as the country's largest railroad operator shipped higher volumes of crude, refined petroleum products and grains. Revenue in the petroleum and chemicals segment, including crude-by-rail shipments, rose about 25% in the second quarter, while revenue in the grain and fertilizers unit rose 8.4%. CN's U.S.-listed shares were up 2.4% at $93.30 after the bell.
- GlobeNewswire
CN declares third-quarter 2019 dividend
MONTREAL, July 23, 2019 -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2019 dividend on the Company’s common shares.
