Canadian National Railway Compa (NYSE:CNI):
ADVISORY – CN to report third-quarter 2017 financial and operating results on Oct. 24, 2017.
The company is so far trading unchanged by %% since yesterday’s close of 81.78.
Canadian National Railway Compa also announced a dividend that was paid on Fri Sep 29, 2017. The dividend payment was $0.333 per share for the quarter or $1.33 on an annualized basis. The dividend yield was $1.61. The ex-dividend date was Thursday the 7th of September 2017.
Canadian National Railway Company, launched on August 24, 1995, is involved in the rail and related transportation business. The Business’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. The Business’s network and connections to all Class I railroads provide its customers access to the three North American Free Trade Agreement (NAFTA) nations. The Company carries over 300 million tons of cargo, serving exporters, importers, retailers, farmers and manufacturers. The Business’s freight includes seven commodity groups representing a portfolio of goods, including petroleum and chemicals, metals and minerals, forest products, coal, grain and fertilizers, intermodal and automotive..
Shares last traded at $81.78 which is marginally higher than the 50 day moving average of $81.47 and just a bit higher than the 200 day moving average of $79.10. The 50 day moving average went up by +0.38% and the 200 day average moved up $2.68.
Canadian National Railway Compa’s P/E ratio is 19.55 and the market value is 61.42B. As of the latest earnings report the EPS was $4.18 and is projected to be $4.07 for the current year with 751,000,000 shares currently outstanding. Next quarter’s EPS is forecasted at $1.03 and the next full year EPS is anticipated to be $4.44.
Traders are more bullish recently if you take a look at the change in short interest. The company saw a fall in short interest of -2.34% as of the latest report on September 29, 2017. Short interest decreased from 7,516,388 to 7,340,427 over that period. The days to cover decreased to 7.0 and the short interest percentage is 0.01% as of September 29.