|Bid||133.32 x 800|
|Ask||133.35 x 800|
|Day's range||132.06 - 134.12|
|52-week range||98.69 - 136.22|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||24.94|
|Earnings date||25 Jan 2022|
|Forward dividend & yield||1.99 (1.49%)|
|Ex-dividend date||08 Dec 2021|
|1y target est||124.18|
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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