Canadian National Railway Stock Today

CNR Stock  CAD 176.05  1.77  1.02%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 17

 
100  
 
Zero
Low
Canadian National is selling at 176.05 as of the 19th of March 2024; that is 1.02 percent up since the beginning of the trading day. The stock's open price was 174.28. Canadian National has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Canadian National Railway are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Transportation
Category
Industrials
Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. Canadian National Railway Company was founded in 1919 and is headquartered in Montreal, Canada. CANADIAN NATIONAL operates under Railroads classification in Canada and is traded on Toronto Stock Exchange. The company has 640.7 M outstanding shares of which 2.9 M shares are currently shorted by private and institutional investors with about 7.3 days to cover all short positions. More on Canadian National Railway

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Moving against Canadian Stock

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Canadian Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian National's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian National or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Canadian National's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian National's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentTracy Robinson
Thematic IdeaInvestor Favorites (View all Themes)
Business ConcentrationGround Transportation, Transportation, Industrials, Investor Favorites, Industrials, Ground Transportation, Railroads, Industrials (View all Sectors)
Canadian National's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canadian National's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian National's financial leverage. It provides some insight into what part of Canadian National's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Canadian National's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Canadian National deploys its capital and how much of that capital is borrowed.
Liquidity
Canadian National cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 2.34 B in total debt with debt to equity ratio (D/E) of 0.73, which is about average as compared to similar companies. Canadian National Railway has a current ratio of 1.03, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Canadian National until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian National's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian National Railway sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian National's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

1.38 Billion
Canadian National Railway (CNR) is traded on Toronto Exchange in Canada and employs 24,987 people. Canadian National is listed under Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 111.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian National's market, we take the total number of its shares issued and multiply it by Canadian National's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian National Railway operates under Ground Transportation sector and is part of Industrials industry. The entity has 640.7 M outstanding shares of which 2.9 M shares are currently shorted by private and institutional investors with about 7.3 days to cover all short positions. Canadian National Railway has accumulated about 328 M in cash with 6.82 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Check Canadian National Probability Of Bankruptcy
Ownership Allocation
Canadian National Railway retains a total of 640.7 Million outstanding shares. The majority of Canadian National Railway outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Canadian National Railway to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Canadian National. Please pay attention to any change in the institutional holdings of Canadian National Railway as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Canadian Ownership Details

Canadian Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Canadian National jumping above the current price in 90 days from now is about 7.6%. The Canadian National Railway probability density function shows the probability of Canadian National stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Canadian National Railway has a beta of -0.087 suggesting as returns on benchmark increase, returns on holding Canadian National are expected to decrease at a much lower rate. During the bear market, however, Canadian National Railway is likely to outperform the market. Additionally, the company has an alpha of 0.1285, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 176.05HorizonTargetOdds Above 176.05
92.26%90 days
 176.05 
7.60%
Based on a normal probability distribution, the odds of Canadian National to move above the current price in 90 days from now is about 7.6 (This Canadian National Railway probability density function shows the probability of Canadian Stock to fall within a particular range of prices over 90 days) .

Canadian National Railway Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian National market risk premium is the additional return an investor will receive from holding Canadian National long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canadian National. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Canadian National's alpha and beta are two of the key measurements used to evaluate Canadian National's performance over the market, the standard measures of volatility play an important role as well.

Canadian Stock Against Markets

Picking the right benchmark for Canadian National stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian National stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian National is critical whether you are bullish or bearish towards Canadian National Railway at a given time. Please also check how Canadian National's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian National without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian National Corporate Directors

Canadian National corporate directors refer to members of a Canadian National board of directors. The board of directors generally takes responsibility for the Canadian National's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Canadian National's board members must vote for the resolution. The Canadian National board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Donald CartyIndependent DirectorProfile
Shauneen BruderIndependent DirectorProfile
Kevin LynchIndependent DirectorProfile
Edith HolidayIndependent DirectorProfile

How to buy Canadian Stock?

Before investing in Canadian National, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian National. To buy Canadian National stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian National. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian National stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian National Railway stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canadian National Railway stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian National Railway, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Canadian Stock please use our How to Invest in Canadian National guide.

Already Invested in Canadian National Railway?

The danger of trading Canadian National Railway is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian National is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian National. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian National Railway is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Canadian National's price analysis, check to measure Canadian National's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian National is operating at the current time. Most of Canadian National's value examination focuses on studying past and present price action to predict the probability of Canadian National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian National's price. Additionally, you may evaluate how the addition of Canadian National to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.