Canadian National Railway (TSX:CNR) Dividend Yield, History and Growth - Simply Wall St (2024)

FAQs

Is Canadian National Railway a good buy? ›

Canadian National Railway has a consensus rating of Hold which is based on 5 buy ratings, 11 hold ratings and 1 sell ratings. The average price target for Canadian National Railway is C$186.66. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Over the past three years, the company's annual dividend growth rate was 11.20%, extending to 11.30% per year over five years, and an impressive 13.50% over the past decade.

As of 2024-06-06, the Fair Value of Canadian National Railway Co (CNR.TO) is 58.46 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 171.51 CAD, the upside of Canadian National Railway Co is -65.9%.

How much is Canadian National Railway's dividend? CNI pays a dividend of $0.62 per share. CNI's annual dividend yield is 1.92%.

The Share Split was approved by shareholders of Canadian Natural at its annual and special meeting of shareholders held on May 2, 2024. On June 10, 2024 (the "Payment Date"), shareholders of record as of the close of business on the Record Date will receive one additional share for every one common share held.

Bill Gates acquired 54.8 Million Canadian National Railway shares worth $6.98 Billion. That's 15.61% of their entire equity portfolio (4th largest holding). The investor owns 8.84% of the outstanding Canadian National Railway stock. The first Canadian National Railway trade was made in Q3 2002.

Bill & Melinda Gates Foundation Trust is currently the company's largest shareholder with 8.6% of shares outstanding. In comparison, the second and third largest shareholders hold about 6.3% and 3.5% of the stock.

Dividend Growth 5yr is the geometric average dividend growth rate over the past 5 years, shown as a percentage, for example 3.32%.

This DCF valuation model was created by Alpha Spread and was last updated on May 28, 2024. Estimated DCF Value of one CNR stock is 123.29 CAD. Compared to the current market price of 174.26 CAD, the stock is Overvalued by 29%.

Who owns CNR stock? ›

The list is short: RBC, TD, Enbridge, and then our two Canadian railway dividend all-stars: Canadian Pacific Railway (CP) and Canadian National Railway (CNR). The Morningstar wide moat list heading into 2024 includes RBC, TD Bank, Waste Connections and Canadian National Railway.

While some experts have concerns about economic sensitivity and potential recession, the general sentiment is that CP has a strong long-term growth potential with a steady dividend and double-digit earnings growth expected.

Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.

While some experts have concerns about economic sensitivity and potential recession, the general sentiment is that CP has a strong long-term growth potential with a steady dividend and double-digit earnings growth expected.

FTS Stock Forecast FAQ

Based on analyst ratings, Fortis Inc's 12-month average price target is C$56.90. Fortis Inc has 2.32% upside potential, based on the analysts' average price target. Fortis Inc has a consensus rating of Hold which is based on 0 buy ratings, 4 hold ratings and 1 sell ratings.

Railroad stocks offer growth and sustainability

Rail is already the most efficient way to more freight as a gallon of fuel can move a ton of freight for 470 miles on average. The fuel efficiency makes it also environmentally positive to move things with trains.

Canadian Natural has 15.45% upside potential, based on the analysts' average price target. Is TSE:CNQ a Buy, Sell or Hold? Canadian Natural has a consensus rating of Moderate Buy which is based on 6 buy ratings, 7 hold ratings and 0 sell ratings.