CNI Stock Summary and Trading Ideas (Canadian National Railway Company | NYSE:CNI)

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 January 31, 2025, CNI stock price declined to $104.51 with 2,225,475 million shares trading.

CNI has a beta of 0.61, meaning it tends to be less sensitive to market movements. CNI has a correlation of 0.26 to the broad based SPY ETF.

CNI has a market cap of $65.72 billion. This is considered a Large Cap stock.

Last quarter Canadian National Railway Company reported $3 billion in Revenue and $1.30 earnings per share. This beat revenue expectation by $86 million and missed earnings estimates by -$.04.

In the last 3 years, CNI traded as high as $137.19 and as low as $98.96.

The top ETF exchange traded funds that CNI belongs to (by Net Assets): FVD, DIHP, DFAI, PID, DFIC.

CNI has underperformed the market in the last year with a return of -14.4%, while the SPY ETF gained +24.0%. In the last 3 month period, CNI fell short of the market, returning -4.3%, while SPY returned +4.1%. However, in the most recent 2 weeks CNI has outperformed the stock market by returning +2.5%, while SPY returned +1.7%.

CNI support price is $103.94 and resistance is $106.46 (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 shares will trade within this expected range on the day.