CNI
CANADIAN NATIONAL RAILWAY CO
$118.98
+0.60%
$72.3B
No data for this timeframe.
Vol
Market Cap$72.3B
Cap SizeLarge Cap
Analyst ConsensusBuy (54%)
Inst. Holders50 funds
Inst. Value$32.5B
Inst. Activity19 buys / 26 sells
SEC Reports8
Press Releases4
Recent Activity
May 4, 2026
SEC
CN announced a new monthly record for grain movement in April 2026, moving 3.2 million metric tonnes from Western Canada
PRESS-RELEASE — Impact 5/10
May 1, 2026
SEC
CN filed a 6-K reporting the election of 11 director nominees at its May 1, 2026 Annual Meeting, all elected with strong
6-K — Impact 2/10
May 1, 2026
SEC
Canadian National Railway Company filed a Form 6-K reporting voting results from its May 1, 2026 Annual Meeting of Share
6-K — Impact 2/10
Inst.
CAISSE DE DEPOT ET — ADD
18,784,173 shares ($1.9B)
Inst.
MASSACHUSETTS FINANCIAL SERVICES CO — TRIM
3,750,670 shares ($1.1B)
Jun 9, 2026
short_volume
Short Volume: CNI — 70.8% short (0.8M / 1.2M)
Short: 832,813 | Exempt: 265 | TRF Vol: 1,176,277 | Short Ratio: 70.8% | Off-exchange volume (dark p
Jun 5, 2026
Press
CN has entered into a transportation agreement with BHP to move potash from the Jansen Mine in Saskatchewan to West Coas
Impact 4/10
May 11, 2026
Press
CN filed comments urging the STB to reject the amended merger application from Union Pacific and Norfolk Southern, argui
Impact 5/10
Price Targets
$117.33
-1.4% upside
Hold
Current $118.98
Low $96.83
Median $117.92
High $137.14
12 analysts
$96.83
$137.14
Analyst Ratings
3Strong Buy
11Buy
11Hold
1Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 9, 2026 | CIBC | MAINTAIN | Outperformer → Outperformer |
| Apr 30, 2026 | Citigroup | MAINTAIN | Buy → Buy |
| Apr 30, 2026 | RBC Capital | MAINTAIN | Outperform → Outperform |
| Apr 30, 2026 | Barclays | MAINTAIN | Equal-Weight → Equal-Weight |
| Apr 30, 2026 | Evercore ISI Group | MAINTAIN | In-Line → In-Line |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.91 | $1.74 — $2.02 | 2% YoY | 24 |
| Next Q | $1.99 | $1.89 — $2.18 | 9% YoY | 23 |
| Current FY | $7.85 | $7.70 — $8.03 | 3% YoY | 27 |
| Next FY | $8.74 | $8.40 — $9.25 | 11% YoY | 28 |
Latest Reports
NEUTRAL
Press
4/10
CN has entered into a transportation agreement with BHP to move potash from the Jansen Mine in Saskatchewan to West Coas
Jun 5, 2026
BULLISH
PRESS-RELEASE
5/10
CN announced a new monthly record for grain movement in April 2026, moving 3.2 million metric tonnes from Western Canada
May 4, 2026
NEUTRAL
6-K
2/10
CN filed a 6-K reporting the election of 11 director nominees at its May 1, 2026 Annual Meeting, all elected with strong
May 1, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| NOMURA ASSET MANAGEMENT CO | — | — |
| GATES FOUNDATION TRUST | $5.3B | — |
| ROYAL BANK OF CANADA | $2.8B | — |
| CAISSE DE DEPOT ET | $1.9B | ADD |
| 1832 Asset Management L.P. | $1.9B | ADD |
50 institutional holders with $32.5B total value (309,839,690 shares) as of 2026-Q1. Top holders: NOMURA, GATES, ROYAL. Net selling activity: 26 institutions trimmed/exited vs 19 added.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | NOMURA ASSET MANAGEMENT CO LTD | — | $0.00 | 0.0% | — |
| 2 | GATES FOUNDATION TRUST | 51,826,786 | $5.3B | 16.4% | — |
| 3 | ROYAL BANK OF CANADA | 27,509,225 | $2.8B | 8.7% | — |
| 4 | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 18,784,173 | $1.9B | 5.9% | ADD +35.2% |
| 5 | 1832 Asset Management L.P. | 18,683,240 | $1.9B | 5.9% | ADD +98.3% |
| 6 | FIL Ltd | 16,841,218 | $1.7B | 5.3% | ADD +49.5% |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 15,798,602 | $1.6B | 5.0% | — |
| 8 | BANK OF MONTREAL /CAN/ | 13,995,757 | $1.4B | 4.4% | — |
| 9 | TD ASSET MANAGEMENT INC | 12,131,313 | $1.2B | 3.8% | — |
| 10 | WELLINGTON MANAGEMENT GROUP LLP | 11,523,186 | $1.2B | 3.6% | — |
| 11 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3,750,670 | $1.1B | 3.2% | TRIM -64.6% |
| 12 | TCI Fund Management Ltd | 9,849,934 | $1.0B | 3.1% | TRIM -47.5% |
| 13 | LAZARD ASSET MANAGEMENT LLC | 9,077,518 | $934.5M | 2.9% | — |
| 14 | MACKENZIE FINANCIAL CORP | 8,776,306 | $903.2M | 2.8% | — |
| 15 | DEUTSCHE BANK AG\ | 7,205,119 | $740.5M | 2.3% | — |
| 16 | NATIONAL BANK OF CANADA /FI/ | 6,685,129 | $685.8M | 2.1% | — |
| 17 | Clearbridge Investments, LLC | 5,252,996 | $539.9M | 1.7% | ADD +27.9% |
| 18 | CIBC WORLD MARKET INC. | 5,099,397 | $526.5M | 1.6% | — |
| 19 | VANGUARD FIDUCIARY TRUST CO | 4,795,222 | $493.6M | 1.5% | — |
| 20 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 4,728,502 | $486.3M | 1.5% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | ADD | 13,894,922 | 18,784,173 | +35.2% | $1.9B | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | TRIM | 10,584,719 | 3,750,670 | -64.6% | $1.1B | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. | ADD | 3,067,634 | 4,575,185 | +49.1% | $471.0M | 2026-Q1 |
| TD Waterhouse Canada Inc. | DOUBLED | 1,978,313 | 4,181,425 | +111.4% | $429.6M | 2026-Q1 |
| Capital International Investors | NEAR_EXIT | 9,917,406 | 1,443,751 | -85.4% | $148.6M | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp | NEW | — | 1,411,788 | — | $143.5M | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ | TRIM | 2,319,526 | 1,390,345 | -40.1% | $142.9M | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | DOUBLED | 312,500 | 857,585 | +174.4% | $88.1M | 2026-Q1 |
| Point72 Asset Management, L.P. | ADD | 522,622 | 779,813 | +49.2% | $80.1M | 2026-Q1 |
| OMERS ADMINISTRATION Corp | NEW | — | 580,000 | — | $59.5M | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. | TRIM | 1,143,186 | 505,759 | -55.8% | $52.0M | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC | ADD | 302,600 | 460,500 | +52.2% | $47.3M | 2026-Q1 |
| Verition Fund Management LLC | NEW | — | 329,756 | — | $33.9M | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT | TRIM | 344,448 | 234,955 | -31.8% | $24.2M | 2026-Q1 |
| Trexquant Investment LP | NEW | — | 158,913 | — | $16.3M | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | DOUBLED | 53,767 | 150,000 | +179.0% | $15.4M | 2026-Q1 |
| Varma Mutual Pension Insurance Co | ADD | 95,446 | 140,446 | +47.1% | $14.4M | 2026-Q1 |
| BNP Paribas Asset Management Holding S.A. | DOUBLED | 40,427 | 108,569 | +168.6% | $11.2M | 2026-Q1 |
| NATIXIS | DOUBLED | 33,847 | 95,626 | +182.5% | $9.8M | 2026-Q1 |
| GREAT LAKES ADVISORS, LLC | TRIM | 131,709 | 80,143 | -39.2% | $8.2M | 2026-Q1 |
| STATE STREET CORP | TRIM | 136,672 | 72,172 | -47.2% | $7.4M | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | TRIM | 180,901 | 68,018 | -62.4% | $7.0M | 2026-Q1 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. | TRIM | 80,000 | 38,000 | -52.5% | $3.9M | 2026-Q1 |
| Mediolanum International Funds Ltd | TRIM | 57,941 | 30,954 | -46.6% | $3.1M | 2026-Q1 |
| AMERIPRISE FINANCIAL INC | NEAR_EXIT | 283,880 | 26,829 | -90.5% | $3.1M | 2026-Q1 |
No insider trading data available yet. Insider transactions are collected from SEC Form 4 filings.
8 SEC filing reports analyzed. Sentiment: 2 bullish, 0 bearish, 1 mixed, 5 neutral. Avg impact: 3.8/10.
BULLISH
PRESS-RELEASE
5/10
CN announced a new monthly record for grain movement in April 2026, moving 3.2 million metric tonnes
May 4, 2026
NEUTRAL
6-K
2/10
CN filed a 6-K reporting the election of 11 director nominees at its May 1, 2026 Annual Meeting, all
May 1, 2026
NEUTRAL
6-K
2/10
Canadian National Railway Company filed a Form 6-K reporting voting results from its May 1, 2026 Ann
May 1, 2026
NEUTRAL
PRESS-RELEASE
2/10
CN announced the election of all 11 director nominees at its annual meeting, with each receiving ove
May 1, 2026
NEUTRAL
6-K
3/10
CN filed a shelf prospectus and registration statement to issue debt securities in Canadian and U.S.
Apr 29, 2026
MIXED
6-K
5/10
CN reported Q1 2026 earnings with revenue down 1% to $4,379M, net income down 1% to $1,146M, and adj
Apr 29, 2026
NEUTRAL
PRESS-RELEASE
4/10
CNI reported Q1 2026 GAAP EPS of C$1.87 (beat by 3.3%), but adjusted EPS of C$1.80 slightly missed t
Apr 29, 2026
BULLISH
PRESS-RELEASE
7/10
CNI reported Q1 2026 EPS of $2.08, a 15.2% beat vs. the $1.81 consensus, on revenue of $4.40B. The s
Apr 28, 2026
NEUTRAL
4/10
CN has entered into a transportation agreement with BHP to move potash from the Jansen Mine in Saska
Jun 5, 2026
NEUTRAL
5/10
CN filed comments urging the STB to reject the amended merger application from Union Pacific and Nor
May 11, 2026
NEUTRAL
2/10
CN's Board approved a Q2 2026 dividend of C$0.9150 per share, payable June 30 to shareholders of rec
Apr 29, 2026
NEUTRAL
3/10
Analysis based on filing metadata only — document content was unavailable
Mar 4, 2026
Current analyst consensus: Hold (54% buy). Based on 26 analysts: 3 strong buy, 11 buy, 11 hold, 1 sell, 0 strong sell.
Analyst Price Targets
$117.33 mean target
-1.4% upside
Hold (2.21)
$96.83 Low
$137.14 High
| Metric | Value |
|---|---|
| Current Price | $118.98 |
| Target Low | $96.83 |
| Target Mean | $117.33 |
| Target Median | $117.92 |
| Target High | $137.14 |
| # Analysts | 12 |
| Recommendation | Hold (2.21) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$1.91 | $1.74 | $2.02 | 2.2% | -0.4% | 1↑ 1↓ | $4.5B | 5.1% | 24 |
| Next Q 2026-09-30 |
$1.99 | $1.89 | $2.18 | 8.9% | +0.0% | 2↑ 0↓ | $4.4B | 5.8% | 23 |
| Current FY 2026-12-31 |
$7.85 | $7.70 | $8.03 | 2.8% | -0.0% | 1↑ 1↓ | $17.9B | 3.7% | 27 |
| Next FY 2027-12-31 |
$8.74 | $8.40 | $9.25 | 11.4% | +0.1% | 2↑ 1↓ | $18.8B | 4.6% | 28 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.911 | |
| 7d ago | $1.921 | -0.010 |
| 30d ago | $1.918 | -0.007 |
| 60d ago | $1.938 | -0.027 |
| 90d ago | $1.944 | -0.033 |
8 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Jun 9, 2026 | CIBC | MAINTAIN | Outperformer | Outperformer |
| Apr 30, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Apr 30, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Apr 30, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Apr 30, 2026 | Evercore ISI Group | MAINTAIN | In-Line | In-Line |
| Apr 9, 2026 | B of A Securities | UPGRADE | Neutral | Buy |
| Mar 31, 2026 | Bernstein | MAINTAIN | Market Perform | Market Perform |
| Mar 27, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Feb 2, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Feb 2, 2026 | Citigroup | MAINTAIN | Buy | Buy |
| Feb 2, 2026 | Stephens & Co. | MAINTAIN | Equal-Weight | Equal-Weight |
| Feb 2, 2026 | Evercore ISI Group | MAINTAIN | In-Line | In-Line |
| Jan 15, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Jan 8, 2026 | Citigroup | MAINTAIN | Buy | Buy |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 3 | 11 | 11 | 1 | 0 | 54% | |
| May 1, 2026 | 3 | 12 | 11 | 1 | 0 | 56% | |
| Apr 1, 2026 | 3 | 12 | 12 | 1 | 0 | 54% | |
| Mar 1, 2026 | 3 | 12 | 12 | 1 | 0 | 54% | |
| Feb 1, 2026 | 3 | 13 | 11 | 1 | 0 | 57% | |
| Jan 1, 2026 | 3 | 12 | 12 | 1 | 0 | 54% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Jun 9, 2026
short_volume
Short Volume: CNI — 70.8% short (0.8M / 1.2M)
Short: 832,813 | Exempt: 265 | TRF Vol: 1,176,277 | Short Ratio: 70.8% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: CNI — 95.9% short (4.9M / 5.1M)
Short: 4,852,336 | Exempt: 109 | TRF Vol: 5,060,029 | Short Ratio: 95.9% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
announcement
CN to Support BHP’s Jansen Potash Mine with Rail Service Connecting Saskatchewan Production to Global Markets
<p align="justify">MONTREAL, June 05, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) has entered into a transportation agreement with BHP to sup
Jun 1, 2026
other
CN Reports May Grain Movement
<p align="justify">MONTREAL, June 01, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that in May it moved over 2.96 million metr
May 28, 2026
other
CN Says STB Was Right to Freeze the UP-NS Merger and Demand More Information
Applicants Still Fail to Meet Heightened Standard for Enhanced Competition and Public Interest <pre>Applicants Still Fail to Meet Heightened Standard
May 28, 2026
short_volume
Short Volume: CNI — 62.0% short (0.3M / 0.5M)
Short: 326,438 | Exempt: 601 | TRF Vol: 526,363 | Short Ratio: 62.0% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: CNI — 81.1% short (0.4M / 0.5M)
Short: 444,714 | Exempt: 14 | TRF Vol: 548,019 | Short Ratio: 81.1% | Off-exchange volume (dark pool + OTC)
May 20, 2026
other
CN Announces $100 Million Over Ten Years for Homelessness Prevention
<p align="justify">MONTREAL, May 20, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced a $100 million CAD commitment over the next
May 20, 2026
contract
Keyera, AltaGas and CN Partner to Build Strategic Canadian Infrastructure
Investment in ACE Rail Terminal to strengthen Canada’s energy competitiveness, expand access to global markets and support long-term economic growth <
May 14, 2026
short_interest
FTD: CNI — 63,673 shares ($7.1M) failed to deliver
Settlement: 20260514, Price: $111.87, FTD Value: $7,123,098.51, CDN NATL RAILWAY FULLY PD SHS
May 11, 2026
other
CN Expands Certified Rail-Ready Site Program with New Industrial Development Opportunities
<p align="justify">MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced that it will be adding five new industrial d
May 11, 2026
m_and_a
CN Submits Comments to STB on Completeness of UP-NS Amended Merger Application
<p align="justify">MONTREAL, May 11, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) filed comments with the Surface Transportation Board (STB) d
May 11, 2026
short_volume
Short Volume: CNI — 75.4% short (0.4M / 0.5M)
Short: 391,478 | Exempt: 0 | TRF Vol: 519,261 | Short Ratio: 75.4% | Off-exchange volume (dark pool + OTC)
May 8, 2026
other
CN Announces US$750 Million Debt Offering
<p align="justify">MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of US$750 million com
May 6, 2026
other
CN Presents the 2025 Safe Handling Award to 194 Rail Shippers
<p align="justify">MONTREAL, May 06, 2026 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) today announced the winners of its 2025 Safe Handling Award,