Canadian National Railway Company (CNI) Company Bio
Canadian National Railway engages in rail and related transportation business in North America. The company offers transportation services that include rail, intermodal container, and trucking services, supply chain solutions, freight forwarding, customs brokerage service, industrial development, and marine services. The company was founded in 1922 and is based in Montreal, Canada.
CNI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Canadian National Railway Co with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Canadian National Railway Co ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for CNI, they are:
CNI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 34.6% of tickers in our DCF set.
Relative to other stocks in its sector (Industrials), Canadian National Railway Co has a reliance on debt greater than only 23.07% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Canadian National Railway Co? See GD, CLCT, DCO, MEC, and NSSC.
Despite Very Challenging Crop Year, CN Delivered Exceptionally and is Prepared for 2020-2021 CropMONTREAL, July 30, 2020 (GLOBE NEWSWIRE) -- Today, CN (TSX: CNR) (NYSE: CNI) filed and published its 2020-2021 Grain Plan, announcing that it set a new record by moving over 30 million metric tonnes (MMT) of grain from across Canada during the 2019-2020 crop year. CN also announced that it is prepared to move up to 7,600 bulk and processed hopper cars per week outside of winter, and up to 6,100 per week during winter in the upcoming crop year. During the 2019-2020 crop year, over 28.2 MMT of grain moved from Western Canada as well as over 1.1 MMT moved through intermodal containers. “Although we achieved our best grain movement volumes in 2019–2020, we are far from complacent. As an essenti...
Canadian National Railway Company (NYSE: CNI) expects to spend roughly a half-billion dollars on infrastructure improvements across its U.S. network.So far, CN has announced approximately $520 million in capital expenditures across eight states. "We take our essential role in the North American economy seriously and these investments ... are a key part of our strategy to support growth," said Derek Taylor, vice president for CN's eastern region.Here are the projects and funding announced by CN over the last week:MinnesotaCN expects to invest $25 million in the state. The work will include replacing more than 10 miles of rail; installing over 4,700 new railroad ties; rebuilding 10 road crossing surfaces; and conducting maintenance on docks, culverts, signal systems and othe...
Q2’20 results exceeded expectations; Solid market position and portfolio strength to successfully navigate near-term challenges ST. LOUIS, July 29, 2020 (GLOBE NEWSWIRE) -- A PDF accompanying this release is available at: http://ml.globenewswire.com/Resource/Download/188bedbc-da35-4bdb-979a-c40f5370795b * Q2’20 earnings per diluted share were $0.12 compared to a loss per diluted share of $0.27 in Q2’19. Q2’20 adjusted (non-GAAP)1 earnings per diluted share were $0.25 compared to $0.37 in the prior year. * Revenues in the quarter were $245 million. Despite year-over-year COVID-related disruptions and revenue declines across much of the business, the flagship Insituform North America business successfully grew revenues, new orders and backlog, underpinned by our leading position c...
Investments Focused on Safety and Capacity to Strengthen Rail Network, Help Reduce Emissions, and Support Economic Growth HOMEWOOD, Ill., July 29, 2020 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $30 million (USD) across Tennessee in 2020. The program will focus on yard upgrades, replacement of rail and ties, as well as maintenance of bridges, level crossings, culverts, signal systems and other track infrastructure.“We take our essential role in the North American economy seriously and these investments in Tennessee are a key part of our strategy to support growth. The Company remains committed to help enable supply chains that fuel Tennessee...
Investments Focused on Safety and Capacity to Strengthen Rail Network, Help Reduce Emissions, and Support Economic GrowthHOMEWOOD, Ill., July 29, 2020 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that, as part of its strategic investments to support growing demand and enable supply chains, it plans to invest approximately $25 million (USD) across Minnesota in 2020. The investments will focus on docks repairs, replacement of rail and ties, maintenance of bridges, level crossings, culverts, signal systems and other track infrastructure. “We take our essential role in the North American economy seriously and these investments in Minnesota are a key part of our strategy to support growth. The Company remains committed to help enable supply chains that fuel Minnesota’s grow...