Canadian National Railway Company (CNI)
Industrials · NYQ
Price as at 11 Aug 2026, 14:26 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Canadian National Railway Company trades at USD126.14, which is 57% above the USD54.20 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 24.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
CNI dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.33 | 2 |
| 2025 | USD1.91 | 3 |
| 2024 | USD2.46 | 4 |
| 2023 | USD2.32 | 4 |
| 2022 | USD2.25 | 4 |
| 2021 | USD1.97 | 4 |
| 2020 | USD1.75 | 4 |
| 2019 | USD1.61 | 4 |
| 2018 | USD1.39 | 4 |
| 2017 | USD1.27 | 4 |
| 2016 | USD1.15 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
CNI earnings and analyst estimates
Recommendation mix, 30 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Canadian National Railway Company
Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and related transportation businesses in Canada and the United States. The company provides rail services, which include equipment, customs brokerage, transloading and warehousing, business development, dimensional loads, and private railcar storage, less-than-truckload, and mexico services; intermodal services, such as temperature controlled multimodal, mobile transport trays, port partnerships, transloading and distribution, logistics parks, trucking, and supply chain services. It also offers connecting to rail, short lines, maps and network services. The company serves automotive, coal, fertilizers, temperature controlled cargo, forest products, dimensional, grain, metal and minerals, petroleum and chemicals, consumer goods, and third party logistics applications. Canadian National Railway Company was incorporated in 1919 and is headquartered in Montreal, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
CNI passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
18 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Bill Gates, GATES FOUNDATION TRUST$6.18B · 17.9% of book
- Chris Hohn, TCI Fund Management Ltd$1.12B · 2.1% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$614.36M · 0.3% of book
- Findlay Park Partners, Findlay Park Partners LLP$217.74M · 2.9% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$167.67M · 0.1% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Canadian National Railway Company (CNI) undervalued?
Against our fair value estimate of USD54.20, CNI at USD126.14 is 57% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own CNI?
18 of the institutions we track reported a position in CNI in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is CNI's P/E ratio?
CNI trades at 24.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Canadian National Railway Company (CNI) pay a dividend?
Yes. Canadian National Railway Company yields 2.00% at the current share price. It has paid USD1.97 per share over the trailing twelve months. It has paid a dividend in each of the last 29 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its CNI data?
Fundamentals for CNI come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 11 Aug 2026, 14:26 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for CNI, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.