Canadian National Railway (CNI) Given Daily News Sentiment Score of 0.08
News coverage about Canadian National Railway (NYSE:CNI) (TSE:CNR) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canadian National Railway earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the transportation company an impact score of 46.1279959433628 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Zacks Investment Research Upgrades Canadian National Railway (CNI) to Hold (americanbankingnews.com)
- 5 Top Canadian Dividend Stocks to Build a TFSA Retirement Fund (ca.finance.yahoo.com)
- CN, police union in Canada reach tentative agreement on new labour contract (finance.yahoo.com)
- FY2018 EPS Estimates for Canadian National Railway Raised by Cormark (CNI) (americanbankingnews.com)
- Canadian Pacific Railway (CP) PT Raised to C$276.00 (nismagazine.com)
Canadian National Railway (NYSE:CNI) traded down $0.43 on Monday, reaching $80.96. 1,382,800 shares of the company traded hands, compared to its average volume of 1,074,589. The company has a market cap of $60,480.00, a PE ratio of 19.75, a P/E/G ratio of 2.01 and a beta of 1.09. Canadian National Railway has a 1-year low of $68.27 and a 1-year high of $85.73. The company has a quick ratio of 0.49, a current ratio of 0.61 and a debt-to-equity ratio of 0.58.
Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings data on Tuesday, October 24th. The transportation company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). Canadian National Railway had a net margin of 29.98% and a return on equity of 25.57%. equities research analysts predict that Canadian National Railway will post 3.95 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 8th were given a $0.3304 dividend. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.33. This represents a $1.32 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend was Thursday, December 7th. Canadian National Railway’s payout ratio is currently 31.95%.
Canadian National Railway announced that its board has approved a stock repurchase plan on Tuesday, October 24th that authorizes the company to repurchase 31,000,000 outstanding shares. This repurchase authorization authorizes the transportation company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.
Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Canadian National Railway from a “sell” rating to a “hold” rating in a report on Monday. Cowen reissued a “buy” rating and issued a $83.00 price target on shares of Canadian National Railway in a report on Sunday, September 24th. Stifel Nicolaus reissued a “hold” rating and issued a $89.00 price target on shares of Canadian National Railway in a report on Friday, October 6th. Raymond James Financial lowered shares of Canadian National Railway from an “outperform” rating to a “market perform” rating in a report on Wednesday, October 25th. Finally, Desjardins raised shares of Canadian National Railway from a “hold” rating to a “buy” rating in a report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. Canadian National Railway presently has an average rating of “Hold” and a consensus price target of $79.67.
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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