Headlines about Canadian National Railway (NYSE:CNI) (TSE:CNR) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Canadian National Railway earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 47.2967794702219 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news articles that may have effected Accern’s analysis:

A number of research analysts recently issued reports on the stock. Macquarie upgraded shares of Canadian National Railway from a “neutral” rating to an “outperform” rating in a research report on Wednesday, January 24th. Royal Bank of Canada reiterated an “outperform” rating on shares of Canadian National Railway in a research report on Wednesday, October 25th. Cowen reiterated an “outperform” rating and set a $90.00 target price (up previously from $88.00) on shares of Canadian National Railway in a research report on Wednesday, January 24th. TD Securities upgraded shares of Canadian National Railway from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. They noted that the move was a valuation call. Finally, Credit Suisse Group dropped their target price on shares of Canadian National Railway from $85.00 to $83.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. Canadian National Railway presently has a consensus rating of “Hold” and a consensus price target of $81.38.

Canadian National Railway (NYSE:CNI) traded down $1.20 on Tuesday, reaching $75.66. 1,719,598 shares of the company’s stock traded hands, compared to its average volume of 1,460,000. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.44 and a current ratio of 0.55. Canadian National Railway has a 1 year low of $69.73 and a 1 year high of $85.73. The firm has a market capitalization of $56,460.00, a P/E ratio of 13.09, a price-to-earnings-growth ratio of 1.87 and a beta of 1.01.

Canadian National Railway declared that its board has authorized a stock buyback program on Tuesday, October 24th that allows the company to buyback 31,000,000 outstanding shares. This buyback authorization allows the transportation company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 8th will be issued a dividend of $0.3665 per share. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.33. The ex-dividend date is Wednesday, March 7th. This represents a $1.47 annualized dividend and a yield of 1.94%. Canadian National Railway’s dividend payout ratio is presently 22.66%.

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About Canadian National Railway

Canadian National Railway Company is engaged in the rail and related transportation business. 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 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.

Insider Buying and Selling by Quarter for Canadian National Railway (NYSE:CNI)

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