Analysts Expect Canadian National Railway (CNI) to Announce $0.99 EPS

Analysts Expect Canadian National Railway (CNI) to Announce $0.99 EPS

Analysts Expect Canadian National Railway (CNI) to Announce $0.99 EPS

Osher Van de Voorde Investment Management boosted its position in shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 0.2% during the third quarter, Holdings Channel reports. Eight analysts have issued estimates for Canadian National Railway's earnings, with the lowest EPS estimate coming in at $0.95 and the highest estimate coming in at $1.04. Montrusco Bolton Investments Inc. grew its stake in Canadian National Railway by 2.1% in the fourth quarter. The firm is scheduled to report its next quarterly earnings report after the market closes on Tuesday, January 23rd. According to the Analysts, the Low Earnings estimate for the current quarter is $0.96, while the High earnings estimate is $0.97.Comparatively, EPS for the same quarter a year ago was $0. For the next year, analysts expect that the business will report earnings of $4.31 per share, with EPS estimates ranging from $4.08 to $4.60. Goldman Sachs Group initiated coverage on Canadian National Railway in a research note on Monday, November 13th.

CNI has been the subject of a number of analyst reports. Desjardins raised Canadian National Railway from a "hold" rating to a "buy" rating in a research note on Wednesday, October 25th. Raymond James Financial downgraded shares of Canadian National Railway from an "outperform" rating to a "market perform" rating in a research report on Wednesday, October 25th. They set a "sell" rating and a $73.00 price objective on the stock. The stock of Canadian National Railway Company (TSE:CNR) earned "Outperform" rating by Raymond James on Wednesday, January 25.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Addenda Capital Inc. boosted its position in shares of Canadian National Railway by 16.0% during the fourth quarter. CGOV Asset Management boosted its position in shares of Canadian National Railway by 13.7% during the fourth quarter. BB&T Corp now owns 52,987 shares of the company's stock valued at $3,129,000 after buying an additional 408 shares during the last quarter. Chemung Canal Trust Co. boosted its position in Canadian National Railway Company by 49.0% in the second quarter. Independent Advisor Alliance now owns 6,264 shares of the transportation company's stock worth $504,000 after acquiring an additional 1,553 shares during the period. Canadian National Railway Company (TSE:CNR) has 0.00% since January 13, 2017 and is. The stock has a market capitalization of $60,400.00, a PE ratio of 19.84, a price-to-earnings-growth ratio of 2.11 and a beta of 1.09. Canadian National Railway has a fifty-two week low of C$89.29 and a fifty-two week high of C$108.64. 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 declared that its board has authorized a stock buyback program on Tuesday, October 24th that allows the company to repurchase 31,000,000 outstanding shares. With today's market cap for Canadian Pacific Railway Limited, traders can easily name it as one of the major player in its Railroads industry. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 29th will be given a $0.5625 dividend. The ex-dividend date was Thursday, December 7th. This is an increase from Canadian National Railway's previous quarterly dividend of $0.33. This represents a $2.25 annualized dividend and a yield of 0.99%. Canadian National Railway's dividend payout ratio (DPR) is presently 32.03%.

WARNING: This report was originally posted by Week Herald and is the sole property of of Week Herald. More interesting news about Canadian National Railway Company (NYSE:CNI) were released by: Fool.ca and their article: "Buy and Forget: Canadian National Railway Company" published on August 18, 2017 as well as Investorplace.com's news article titled: "Trade of the Day: Canadian National Railway (USA) (CNI) Is Steaming Ahead" with publication date: November 04, 2016. 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.

Notícias recomendadas

  • Bandai Namco announces Dark Souls: Remastered for all major platforms

    Hidden in the world of DARK SOULS: REMASTERED are nine online covenants to uncover that will motivate your online interactions. Game Dark Souls: Remastered will be available on PC, PS4, Xbox One and Nintendo Switch already since may 25, 2018.
    Sri Lanka name Suranga Lakmal vice-captain for Bangladesh Test series

    Sri Lanka name Suranga Lakmal vice-captain for Bangladesh Test series

    Spinner Akila Dananjaya will have a chance to make his Test debut after enjoying a run of splendid form in the limited overs formats.
    DGS concorda com o uso da canábis para fins medicinais

    DGS concorda com o uso da canábis para fins medicinais

    O PSD e o PCP, embora favoráveis - como BE, PAN, PEV e PS - ao uso terapêutico da canábis , são contra, radicalmente, a possibilidade do autocultivo.
  • Em 'Malhação', Tina culpa Mitsuko pelo que aconteceu com Anderson

    Em 'Malhação', Tina culpa Mitsuko pelo que aconteceu com Anderson

    Tato (Matheus Abreu) desabafa com Fio (Lucas Penteado) e insinua que reatará o relacionamento com K2 (Carol Macedo). Mitsuko (Lina Agifu) avisa que Anderson (Juan Paiva ) está fora de perigo e Nena (Roberta Santiago) agradece.
    Battle Royale Mode to be Update with More Points of Interest

    Battle Royale Mode to be Update with More Points of Interest

    The new city will be added close to Loot Lake [VIDEO ], and players predict that it will be placed on the southwest side of it. Epic didn't detail what these are, but they will be listed in the patch notes once the update goes live.
    Coast guard rescues ice fishermen from Lake Erie

    Coast guard rescues ice fishermen from Lake Erie

    The crew reported poor visibility with fog down to the surface. The Coast Guard does not say why the man was on the ice. Neither the man or the vehicle have been recovered.
  • Hilariously Bad Family Photos Go Viral

    Hilariously Bad Family Photos Go Viral

    She says she paid the "professional" photographer $250 for the family photo shoot and received this photos in return. Heavy-handed photo retouching has come under scrutiny in recent years.
    Ford and Postmates Will Test Autonomous Delivery Vehicles

    Ford and Postmates Will Test Autonomous Delivery Vehicles

    Ford also outlined its vision for autonomous vehicles today, starting with a partnership announcement with Postmates . Ford plans to work with partners seeking to access its fleet of self-driving vehicles to deliver services or products.

    "Além de trolha, é agricultor", diz Bruno de Carvalho a Salvador

    Esse realizador que fez esse filme terá que realizar um filme muito melhor para que possa dividir e reinar sozinho". Bruno de Carvalho foi actor num famoso filme, quando divulgou o filme que ia ter um filho".
  • Maryland Senate Overrides Governor's Veto for Paid Sick Leave

    Maryland Senate Overrides Governor's Veto for Paid Sick Leave

    While Hogan offered his alternative, Democrats criticized the governor for not working with them on a shared solution. Hogan said that the bill was badly flawed and that it would hurt small businesses. "Absolutely not", Middleton said.

    Up to 43 people still missing after California mudslides; dead identified

    For days, the county had issued repeated warnings via social media, news media and emails about the potential for mudslides . "... Routes in and out of Santa Barbara have been shut down from the south, and various roadways have been swallowed by the floods.

    Twenty-First Century Fox, Inc. (FOXA)

    Clearbridge Investments Llc increased Twenty First Centy Fox Inc ( FOXA ) stake by 6.53% reported in 2017Q3 SEC filing. Clark Estates Inc bought 208,700 shares as the company's stock declined 10.68% while stock markets rallied.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.