Canadian Stock Today

CNI
 Stock
  

USD 112.01  3.32  3.05%   

Market Performance
0 of 100
Odds Of Distress
Less than 26
Canadian National is trading at 112.01 as of the 28th of September 2022. This is a 3.05 percent up since the beginning of the trading day. The stock's open price was 108.69. Canadian National has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over 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 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada. Canadian National is traded on New York Stock Exchange in the United States.. The company has 682.08 M outstanding shares of which 5.44 M shares are currently shorted by investors with about 5.82 days to cover. More on Canadian National Railway
Follow Valuation Odds of Bankruptcy
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Canadian National 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.
Canadian National generated a negative expected return over the last 90 days
The company has 14.83 B in debt with debt to equity (D/E) ratio of 0.68, which is OK given its current industry classification. Canadian National Railway has a current ratio of 0.69, suggesting that it has not enough short term capital to pay financial commitments when the payables are 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.
About 73.0% of Canadian National shares are held by institutions such as insurance companies
Latest headline from news.bloomberglaw.com: Billionaire-Backed Railroad Giants BNSF, CN Name Legal Leaders - Bloomberg Law
CEODoug MacDonald
Thematic IdeaRailroads (view all)
Average Analyst Recommendation
Analysts covering Canadian National report their recommendations after researching Canadian National's financial statements, talking to executives and customers, or listening in on Canadian National's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Canadian National Railway. The Canadian consensus assessment is calculated by taking the average forecast from all of the analysts covering Canadian National.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Canadian National's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Canadian National Railway (CNI) is traded on New York Stock Exchange in USA and employs 22,783 people. The company currently falls under 'Large-Cap' category with total capitalization of 74.76 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 these looking for more risk prefer small-cap and mid-cap equities. Canadian National Railway runs under Industrials sector within Railroads industry. The entity has 682.08 M outstanding shares of which 5.44 M shares are currently shorted by investors with about 5.82 days to cover. Canadian National Railway has about 491 M in cash with 6.83 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72.
Check Canadian National Probability Of Bankruptcy
Ownership
Canadian National holds a total of six hundred eighty-two million eighty thousand 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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Canadian Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Canadian National jumping above the current price in 90 days from now is about 87.65%. 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. Considering the 90-day investment horizon Canadian National has a beta of 0.9493 suggesting Canadian National Railway market returns are reactive to returns on the market. As the market goes up or down, Canadian National is expected to follow. Additionally, the company has an alpha of 0.046, implying that it can generate a 0.046 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 112.01HorizonTargetOdds Above 112.01
12.23%90 days
 112.01 
87.65%
Based on a normal probability distribution, the odds of Canadian National to move above the current price in 90 days from now is about 87.65 (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 Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Canadian National that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Canadian National's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Canadian National's value.
InstituionSecurity TypeTotal SharesValue
Tci Fund Management LtdCommon Shares36.7 M4.1 B
Royal Bank Of CanadaCommon Shares29 M3.3 B
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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.

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 Carty - Independent DirectorProfile
Shauneen Bruder - Independent DirectorProfile
Kevin Lynch - Independent DirectorProfile
Edith Holiday - Independent DirectorProfile

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.
Continue to Trending Equities. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is Canadian National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Canadian National value 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.