Media coverage about Canadian National Railway (NYSE:CNI) (TSE:CNR) has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian National Railway earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the transportation company an impact score of 45.8591035797316 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Comparing CNI’s and CP’s Week 9 Shipments – Market Realist (marketrealist.com)
- Technical Secrets – Canadian National Railway Company (NYSE: CNI) – Stocks Pen (stockspen.com)
- Hot Stock That Must Be in Your Portfolio – Canadian National Railway Company (NYSE: CNI) – Alpha Beta Stock (alphabetastock.com)
- Canadian National Railway Struggles to Make On-Time Deliveries … – Wall Street Journal (wsj.com)
Several analysts have recently issued reports on CNI shares. TD Securities raised Canadian National Railway from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. They noted that the move was a valuation call. Argus lowered Canadian National Railway from a “buy” rating to a “hold” rating in a research note on Friday, February 16th. Zacks Investment Research raised Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Monday, January 15th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $75.00 price objective (down from $83.00) on shares of Canadian National Railway in a research note on Thursday, March 8th. Finally, Cowen reaffirmed an “outperform” rating and issued a $90.00 price objective (up from $88.00) on shares of Canadian National Railway in a research note on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $82.57.
Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings results on Tuesday, January 23rd. The transportation company reported $0.94 EPS for the quarter, missing the Zacks’ consensus estimate of $0.98 by ($0.04). Canadian National Railway had a net margin of 42.25% and a return on equity of 24.62%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.61 billion. analysts forecast that Canadian National Railway will post 4.1 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 8th will be paid a dividend of $0.3665 per share. This represents a $1.47 dividend on an annualized basis and a dividend yield of 1.99%. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Wednesday, March 7th. Canadian National Railway’s dividend payout ratio (DPR) is presently 26.06%.
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Canadian National Railway Company Profile
Canadian National Railway Company is engaged in the rail and related transportation business. The Company’s network of approximately 20,000 route miles of track spans Canada and mid-America, connecting approximately three coasts, including the Atlantic, the Pacific and the Gulf of Mexico and serving the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), and the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi), with connections to all points in North America.
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