Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. Its portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers. The company operates a network of 19,500 route miles of track spanning Canada and the United States. It also provides vessels and docks, transloading and distribution, automotive logistics, and freight forwarding and transportation management services. The company was founded in 1919 and is headquartered in Montreal, Canada.
IPO Year:
Exchange: NYSE
Website: cn.ca
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/15/2026 | Mkt Perform | Citizens | |
| 7/14/2026 | $140.00 | Positive → Neutral | Susquehanna |
| 6/25/2026 | $124.00 | In-line → Outperform | Evercore ISI |
| 4/9/2026 | $122.00 | Neutral → Buy | BofA Securities |
| 1/5/2026 | Hold → Buy | Vertical Research | |
| 7/23/2025 | Overweight → Neutral | Analyst | |
| 7/23/2025 | Outperform → Sector Perform | National Bank Financial | |
| 7/23/2025 | $105.00 | Outperform → In-line | Evercore ISI |
| 7/17/2025 | Mkt Perform → Outperform | Raymond James | |
| 5/6/2025 | $120.00 | Neutral → Positive | Susquehanna |
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Union Pacific Railroad (NYSE:UNP) and CN (NYSE:CNI) announced today that they have signed a binding Memorandum of Understanding establishing a framework for CN to secure competitive access in connection with the proposed transaction between Union Pacific and Norfolk Southern (NYSE:NSC). The settlement agreement preserves customer options and resolves terminal railroad ownership issues, while expanding CN’s presence in the Midwest and reaffirming gateway protections for all customers and railroads. Under the settlement agreement, which is contingent on the Surface Transportation Board’s (STB) approval and closing of the merger: CN gains access to shipper facilities where Class I railr
Agreement expands operating rights in Chicago and creates new Canada-Mexico service opportunities for customers Union Pacific Railroad (NYSE:UNP) and CN (NYSE:CNI) today announced the signing of a binding Memorandum of Understanding that will strengthen rail service across North America, improving both railroads' ability to serve customers. The agreement provides Union Pacific with expanded operating rights over CN's Elgin, Joliet & Eastern Railway (EJ&E) corridor through Chicago, while granting CN new rights over Union Pacific's network between Memphis, Tennessee, and Eagle Pass, Texas, to support freight movements between Canada and Mexico. "We are thrilled to have an agreement with
MONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) and Union Pacific (NYSE:UNP) announced today that they have signed a binding Memorandum of Understanding establishing a framework for CN to secure competitive access in connection with the proposed transaction between Union Pacific and Norfolk Southern (NYSE:NSC). The settlement agreement preserves customer options and resolves terminal railroad ownership issues, while expanding CN’s presence in the Midwest and reaffirming gateway protections for all customers and railroads. Under the settlement agreement, which is contingent on the Surface Transportation Board’s (STB) approval and closing of the merger: CN gains access
MONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) and Union Pacific (NYSE:UNP) today announced the signing of a binding Memorandum of Understanding that will strengthen rail service across North America, improving both railroads' ability to serve customers. The agreement provides Union Pacific with expanded operating rights over CN's Elgin, Joliet & Eastern Railway (EJ&E) corridor through Chicago, while granting CN new rights over Union Pacific's network between Memphis, Tennessee, and Eagle Pass, Texas, to support freight movements between Canada and Mexico. "We are thrilled to have an agreement with Union Pacific to expand CN’s access to Mexico. This is a natural exte
MONTREAL, July 03, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that it established a new monthly record for grain movement across its network. In June, CN moved 2.67 million metric tonnes (MMT) of grain from Western Canada, surpassing the previous June record of 2.64 MMT set in June 2020. This record performance reflects continued strong customer demand, close collaboration across the grain supply chain and CN’s operational flexibility across its network. Despite heavy rainfall that affected parts of Western Canada, CN worked with customers to adjust shipping plans and move grain from available locations, maintaining strong network fluidity and efficiently moving the
MONTREAL, July 03, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its second-quarter 2026 financial and operating results before the markets open on July 24, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on July 24. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 2015414 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.ca/
CALGARY, Alberta, June 25, 2026 (GLOBE NEWSWIRE) -- PlasCred Circular Innovations Inc. (CSE:PLAS) (FSE: XV2) today announced it has entered into a conditional long-term lease agreement with Canadian National Railway Company (CN) for the site of the proposed Plascred Neos project, an advanced recycling facility at CN’s Scotford Yard in Fort Saskatchewan, Alberta. The term of the lease agreement is subject to certain conditions being met before the current effective date of August 1, 2026. Once in effect, the agreement will provide PlasCred with an initial 15-year lease term, with options for renewal securing up to 30 years of site control within Alberta’s Industrial Heartland. The leased
MONTREAL, June 25, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today released its 2025 Sustainability Data Supplement, including progress against its key sustainability priorities. Over the past year, the Company was recognized by several leading organizations for its sustainability practices. "Sustainability is fundamental to CN’s strategy and to how we create long-term value. By advancing safety, improving operational efficiency, and reducing our environmental impact, we are strengthening our business while supporting our customers and the communities where we operate. Our progress is a testament to the consistent execution and dedication of our railroaders." -
MONTREAL, June 05, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) has entered into a transportation agreement with BHP to support the movement of potash from the Jansen Potash Mine in Saskatchewan to export terminals on Canada's West Coast, helping connect one of the world's largest new potash developments to global markets. The agreement leverages CN's nearly 20,000-mile rail network to connect Saskatchewan potash to major export gateways through Westshore Terminals in Vancouver and beyond. The arrangement supports the initial production phase of the Jansen project and reinforces CN's role in enabling efficient supply chains and connecting Canadian resource producers to international m
MONTREAL, June 04, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that propane export shipments from South Beamer, Alberta to Watson Island, British Columbia reached an all-time monthly record for the corridor in May, while staying within the existing commercial arrangements. The achievement represents an increase in carloads of 40% compared to May 2025 and beating CN's previous monthly record from August 2024, reflecting continued operational improvements across the supply chain. CN's record-setting performance was supported by train length optimizations, enhanced network efficiency, and strong execution across the corridor, enabling greater volumes of product to move r
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Citizens initiated coverage of Canadian Nat'l Rail with a rating of Mkt Perform
Susquehanna downgraded Canadian Nat'l Rail from Positive to Neutral and set a new price target of $140.00
Evercore ISI upgraded Canadian Nat'l Rail from In-line to Outperform and set a new price target of $124.00
BofA Securities upgraded Canadian Nat'l Rail from Neutral to Buy and set a new price target of $122.00
Vertical Research upgraded Canadian Nat'l Rail from Hold to Buy
Analyst downgraded Canadian Nat'l Rail from Overweight to Neutral
National Bank Financial downgraded Canadian Nat'l Rail from Outperform to Sector Perform
Evercore ISI downgraded Canadian Nat'l Rail from Outperform to In-line and set a new price target of $105.00
Raymond James upgraded Canadian Nat'l Rail from Mkt Perform to Outperform
Susquehanna upgraded Canadian Nat'l Rail from Neutral to Positive and set a new price target of $120.00
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Live finance-specific insights
Union Pacific Railroad (NYSE:UNP) and CN (NYSE:CNI) announced today that they have signed a binding Memorandum of Understanding establishing a framework for CN to secure competitive access in connection with the proposed transaction between Union Pacific and Norfolk Southern (NYSE:NSC). The settlement agreement preserves customer options and resolves terminal railroad ownership issues, while expanding CN’s presence in the Midwest and reaffirming gateway protections for all customers and railroads. Under the settlement agreement, which is contingent on the Surface Transportation Board’s (STB) approval and closing of the merger: CN gains access to shipper facilities where Class I railr
MONTREAL, July 22, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) and Union Pacific (NYSE:UNP) announced today that they have signed a binding Memorandum of Understanding establishing a framework for CN to secure competitive access in connection with the proposed transaction between Union Pacific and Norfolk Southern (NYSE:NSC). The settlement agreement preserves customer options and resolves terminal railroad ownership issues, while expanding CN’s presence in the Midwest and reaffirming gateway protections for all customers and railroads. Under the settlement agreement, which is contingent on the Surface Transportation Board’s (STB) approval and closing of the merger: CN gains access
MONTREAL, July 03, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its second-quarter 2026 financial and operating results before the markets open on July 24, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on July 24. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 2015414 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.ca/
MONTREAL, April 29, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a second-quarter 2026 dividend on the Company's common shares outstanding. A quarterly dividend of ninety-one and a half cents (C$0.9150) per common share will be paid on June 30, 2026, to shareholders of record at the close of business on June 9, 2026. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western
Record revenue ton miles (RTMs) for a first quarter, increasing 3% year over yearFree cash flow for the first quarter was C$900 million, an increase of 44%, consisting of net cash provided by operating activities of C$1,265 million and net cash used in investing activities of C$365 million (1)Best first quarter employee productivity in the last five years Record fuel efficiency performance in a first quarter First quarter diluted earnings per share (EPS) growth of 1%, or a decrease of 3% on an adjusted basis and a decrease of 1% on an adjusted basis at constant currency (1)Repurchased approximately 6 million shares in the first quarter for C$869 million MONTREAL, April 29, 2026 (GLOBE NE
MONTREAL, April 28, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its first-quarter 2026 financial and operating results at 7:30 a.m. Eastern Time on April 29, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 9281112 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.ca/investor
MONTREAL, March 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its first-quarter 2026 financial and operating results before the markets open on April 29, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time on April 29. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 9281112 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will provide a live webcast via the Investors section of its website at www.cn.c
MONTREAL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its Board of Directors has approved a 3% increase in the 2026 dividend on the Company's outstanding common shares as well as the repurchase of its shares under a new normal course issuer bid (Bid). "These actions reflect CN's strong cash flow and our disciplined approach to managing capital. We are investing in the business, returning capital to shareholders and maintaining a strong balance sheet to support long-term performance." - Ghislain Houle, Executive Vice-President and Chief Financial Officer, CN The Bid permits CN to purchase, for cancellation, over a 12-month period up to 24 million com
Fourth quarter diluted earnings per share (EPS) growth of 12%, or 14% on an adjusted basis (1)Fourth quarter operating ratio of 61.2%, or 60.1% on an adjusted basis (1)2025 diluted EPS growth of 8%, or 7% on an adjusted basis (1)2025 operating ratio of 61.9%, or 61.7% on an adjusted basis (1)Approximately 15 million shares repurchased in 2025 for approximately C$2 billionCapital program spending set at C$2.8 billion* for 2026, a decrease of C$500 million from 2025 (2) MONTREAL, Jan. 30, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today reported its financial and operating results for the fourth quarter and year ended December 31, 2025. "Our team delivered a strong fourth quarter and
MONTREAL, Jan. 29, 2026 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) will issue its fourth-quarter and full-year 2025 financial and operating results at 7:30 a.m. Eastern Time on January 30, 2026. CN's senior officers will review the results and the railway's outlook in a conference call starting at 8:30 a.m. Eastern Time. Tracy Robinson, CN President and Chief Executive Officer, will lead the call. Parties wishing to participate via telephone may dial 1-800-715-9871 (Canada/U.S.), or 1-647-932-3411 (International), using 4883669 as the passcode. Participants are advised to dial in 10 minutes prior to the call. CN will webcast the presentation live and furnish slides supporting the offic
Live Leadership Updates
MONTREAL, Sept. 15, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today launched its annual Rail Safety Week campaign to raise awareness about the risks of unsafe behaviour around railway tracks and property. From September 15–19, CN Police Services and CN employees will partner with cities, towns, and Indigenous communities across North America to highlight the dangers of trespassing and ignoring signals at crossings—actions that can have devastating consequences. "Rail safety isn't just about big moments; it's about the small safe choices we make every day. Each time you respect the signs and signals around tracks and railway property, you're helping to keep your community stronger
HOMEWOOD, Ill., Sept. 15, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today launched its annual See Tracks? Think Train® Week campaign to raise awareness about the risks of unsafe behaviour around railway tracks and property. From September 15–19, CN Police and CN employees will partner with cities, towns, and Indigenous communities across North America to highlight the dangers of trespassing and ignoring signals at crossings—actions that can have devastating consequences. "Rail safety isn't just about big moments; it's about the small safe choices we make every day. Each time you respect the signs and signals around tracks and railway property, you're helping to keep your community
MONTREAL, July 21, 2025 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that Janet Drysdale will assume the role of Chief Commercial Officer on an interim basis, effective immediately. Janet is stepping into the role following the departure of Remi G. Lalonde. Janet spent the first decade of her nearly 30-year career at CN in a variety of roles in Sales and Marketing. She is a seasoned and versatile leader with significant cross-functional experience having held executive positions at CN in Investor Relations, Finance, Corporate/Business Development, Sustainability, and most recently as Chief Stakeholder Relations Officer. "I am very pleased that Janet will be leading our
MONTREAL, Sept. 27, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that Unifor has filed a Notice of Dispute three days after the beginning of negotiations. The Union represents 3,300 Mechanical, Clerical, and Intermodal employees in Canada across three collective agreements. The current collective agreements expire on December 31, 2024. While CN is disappointed that Unifor is filing the Notice so early in the process, the Company is committed to reaching negotiated agreements with the Union that are good for employees, customers, and the economy. About the Notice of DisputeAlso known as ‘conciliation', the Notice of Dispute is sent to the Canadian Minister of Labour by
MONTREAL, April 18, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Chief Commercial Officer of CN effective April 24th, 2024. Remi is succeeding Doug MacDonald who will retire from CN following an impressive career of nearly 35 years. Since his arrival at CN in January, Remi has been embedded within CN's operations, gaining first-hand experience with scheduled railroading and executing CN's ‘Make the Plan, Run the Plan, Sell the Plan' model. Following his introduction to operations, Remi has been meeting customers and working closely with Doug and the team to ensure a seamless transition to the commerci
MONTREAL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Remi G. Lalonde as Executive Vice-President and Special Advisor to the CEO in anticipation of his transition to the role of Chief Commercial Officer (CCO) of CN later in the year. The Chief Commercial Officer (CCO) role is a critical executive role, overseeing CN's strong, experienced, customer focused Sales and Marketing team. As a former CEO, CFO and SVP at a prominent forest products company, Remi has led teams, executed strategy, managed regulatory matters, engaged with Indigenous communities and stakeholders, headed manufacturing operations, and worked with investors and supplie
MONTREAL, Oct. 18, 2023 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Patrick Whitehead as Executive Vice-President and Chief Network Operating Officer and the appointment of Derek Taylor as Executive Vice-President and Chief Field Operating Officer. Their appointments are effective as of November 15. Pat and Derek will succeed Ed Harris who will take on a consultant role until March 31, 2024, to ensure a seamless transition. The evolution of CN's operations organization recognizes the distinction in focus and capabilities between the development of the plan, including building our network for the future, and the day-to-day demands of safely execut
MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the appointment of Edmond (Ed) Harris as Executive Vice-President and Chief Operating Officer. Mr. Harris succeeds Rob Reilly, effective immediately. Since April 2022, Mr. Harris, a highly respected industry veteran, has worked closely with the entire CN operations leadership team on the company's operational and service excellence initiatives, as the team delivered meaningful rail operations performance and customer service improvements. "We are very pleased to be able to leverage Ed's experience and capabilities as we continue to improve the delivery of safe and reliable freight transportation services
Quebec-Based Independent Director with Extensive North American Business Experience and record of Sustainability Leadership Demonstrates Board's Ongoing Commitment to CN's Leadership in Corporate Governance and ESG MONTREAL, Sept. 08, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that, after a rigorous search process, Michel Letellier has been appointed to the Board of Directors of CN. Mr. Letellier will join the Board on October 1, 2022. Mr. Letellier, 58, is the President and Chief Executive Officer of Montreal headquartered Innergex Renewable Energy Inc., one of the largest Canadian independent renewable power producers with operations in Canada, the Uni
MONTREAL, May 20, 2022 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced that a new Chairperson and the director nominees listed in the management information circular dated April 5, 2022, were elected as directors of CN. The detailed results of the vote are available below. Shauneen Bruder was unanimously elected by the board of directors as board chair. Ms. Bruder was, until her retirement on October 31, 2019, the Executive Vice-President, Operations at the Royal Bank of Canada (RBC) where she was responsible for overseeing operations related to all personal and business clients in Canada. Ms. Bruder joined CN's board in 2017. "I am honoured to become the Chair of the CN Board
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