U.S. weekly rail traffic rises 2.1% year-over-year
Seeking Alpha News (Wed, 27-Mar 1:08 PM ET)
CN Releases New Indigenous Policy in Support of its Commitment to Reconciliation
Globe Newswire (Tue, 26-Mar 7:00 AM ET)
The Milton Logistics Hub is Critical to North American Supply Chains
Globe Newswire (Mon, 4-Mar 12:30 PM ET)
CN Reaches New Tentative Collective Agreement with United Steelworkers
Globe Newswire (Fri, 1-Mar 5:15 PM ET)
Globe Newswire (Fri, 23-Feb 9:00 AM ET)
Globe Newswire (Fri, 16-Feb 5:00 PM ET)
CN's Sustainability Leadership Recognized through Key ESG Rankings
Globe Newswire (Mon, 12-Feb 4:30 PM ET)
Ghislain Houle and Derek Taylor to Address Investor Conferences on February 20 and 21
Globe Newswire (Thu, 8-Feb 4:00 PM ET)
CN Legal Department Awarded Mansfield Certification for Boosting Diversity Within Leadership
Globe Newswire (Mon, 5-Feb 2:00 PM ET)
CN's 2023 Annual Financial Statements and Annual Information Form available on Company Website
Globe Newswire (Wed, 31-Jan 5:45 PM ET)
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2023, CN generated CAD 16.8 billion in revenue by hauling intermodal containers (23% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (19%), forest products (12%), metals and minerals (12%), automotive shipments (6%), and coal (6%). Other items constitute the remaining revenue.
Canadian National Railway Company trades on the NYSE stock market under the symbol CNI.
As of March 28, 2024, CNI stock price climbed to $131.71 with 732,928 million shares trading.
CNI has a beta of 1.02, meaning it tends to be more sensitive to market movements. CNI has a correlation of 0.39 to the broad based SPY ETF.
CNI has a market cap of $84.39 billion. This is considered a Large Cap stock.
Last quarter Canadian National Railway Company reported $3 billion in Revenue and $1.48 earnings per share. This beat revenue expectation by $55 million and exceeded earnings estimates by $.02.
In the last 3 years, CNI stock traded as high as $137.19 and as low as $100.66.
The top ETF exchange traded funds that CNI belongs to (by Net Assets): FVD, TMFG, DFAI, DIHP, PID.
CNI has underperformed the market in the last year with a price return of +17.0% while the SPY ETF gained +33.6%. CNI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +5.2% and +1.0%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
CNI support price is $130.29 and resistance is $133.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CNI stock will trade within this expected range on the day.