CN Rail Stock Ticker CNNX

CN Rail Stock Latest Price

CN Rail Stock is currently trading at $112.92, down -$0.17 (-0.15%) as of 4:00 PM EST on 08/16/24.

CN Rail Stock Overview

The Canadian National Railway Company (CN) is a Class I railway headquartered in Montreal, Quebec, Canada. CN is the largest railway in Canada, and the fifth largest railway in North America.

CN Rail Stock Key Stats

• Ticker: CNNX
• Exchange: NYSE
• Sector: Transportation
• Industry: Railroads
• Employees: 25,000
• Revenue: $13.2 billion (2023)
• Net income: $2.5 billion (2023)

CN Rail Stock History

CN Rail was founded in 1919 through the merger of several smaller railways. The company has grown significantly over the years, and now operates a network of over 20,000 miles of track.

CN Rail has a long history of paying dividends to shareholders. The company has increased its dividend for 26 consecutive years.

CN Rail Stock Outlook

CN Rail is a well-managed company with a strong track record of financial performance. The company is well-positioned to continue to grow in the future. Analysts are generally positive on the stock, and the consensus price target is $120.

Is CN Rail Stock a Good Investment?

CN Rail stock is a good investment for investors who are looking for a long-term investment. The company has a strong track record of financial performance, and is well-positioned to continue to grow in the future.

However, investors should be aware that the stock is not without risk. The railway industry is cyclical, and CN Rail's earnings can be affected by economic conditions. Additionally, the company faces competition from other railways and from trucking companies.

Conclusion

CN Rail stock is a good investment for investors who are looking for a long-term investment. The company has a strong track record of financial performance, and is well-positioned to continue to grow in the future. However, investors should be aware that the stock is not without risk.