|Bid||134.55 x 1100|
|Ask||134.59 x 1000|
|Day's range||134.29 - 136.15|
|52-week range||98.69 - 136.22|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||33.42|
|Earnings date||24 Jan 2022 - 28 Jan 2022|
|Forward dividend & yield||1.94 (1.66%)|
|Ex-dividend date||07 Sept 2021|
|1y target est||117.20|
Higher freight revenues aid Canadian National's (CNI) Q3 results.
Canadian National Railway (NYSE: CNI) delivered a clear message that the company is moving on following its failed attempt to acquire Kansas City Southern (NYSE: KSU), reporting strong third-quarter results and announcing a management transition that should help appease a disgruntled shareholder. The railroad has taken investors on a wild ride this year, in April launching an unsolicited $33 billion effort to break up Kansas City Southern's planned acquisition by Canadian Pacific (NYSE: CP). Canadian National temporarily secured Kansas City Southern's backing, but the target eventually returned to Canadian Pacific after U.S. regulators expressed concerns about the competitive impact of a Canadian National/Kansas City Southern deal.
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