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TSE:CNR

Canadian National R.R. (CNR.TO)

160.40
-0.56 (0.35%)
as of Jun 18, 2026, 8:00:00 pm Market Open.
1168 watching
0
Investor Insights
star iconJun 18, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

Experts have mixed feelings about Canadian National Railway (CNR), largely viewing it as a solid long-term investment despite current challenges. The company is seen as having a unique and irreplaceable network, which is coupled with high barriers to entry and a decent dividend yield of around 2-2.7%. There is a consensus that CNR is benefiting from reduced capex after heavy investments, allowing it to accommodate growth with less immediate expenditure. However, the sentiment is tempered by concerns of a freight recession, tariffs, and a soft Canadian economy, leading some analysts to favor its competitor, CP. Overall, while the outlook includes potential volatility due to economic factors, CNR remains an attractive option for long-term investors looking for value amidst its current discounted valuation.

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Consensus
Hold
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Valuation
Undervalued
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Similar
CP,CP
BUY
The best run railway in North America. Has the lowest operating ratio at 63% compared to Canadian Pacific (CP-T) at 78%. 1.3% yield. Not as exposed to commodities as CP.
BUY
All of the rail stocks look tremendous because the revenues and the earnings are really good. A group that could continue doing very well going forward.
BUY ON WEAKNESS
Expects some upside over the next 12 months. Some concerns on a continued rise in gasoline prices. Would buy if it dropped 10% and sell again on a 10% upside.
BUY
Port of New Orleans has been badly damaged and their railway, the Illinois Central is rail that services that port. On the other hand, the Mississippi is full of dedris and they can't get barges south of Baton Rouge and the harvest is coming over the next month and they will have to use Illinois Central to ship out of Houston.
BUY
Likes both Canadian Pacific (CP-T) and Canadian National (CNR-T). The whole rail industry looks quite interesting. The capacity utilization is very strong. Has strong exposure to coal and metals which creates very strong traffic.
HOLD
A great company. Doesn't own, but is looking at it very closely. The big risk is that it is economically dependent. By far the best railway in North America. Wait for a couple of months to see what happens as we go though the fall.
HOLD
Had some bad luck lately, but they'll overcome that. He likes the company. Buy for the long term rather than the short term. Fairly valued, but not over valued.
DON'T BUY
Has run into a little bit of a rough spot here because of derailments. Being looked at fairly closely by the regulators to see that their equipment and rails are being kept up to date. Have had extremely good earnings. Prefers CP (CP-T).
DON'T BUY
The rails are interesting. It seems the more expensive that fuel gets, the better the rails do. They have an energy advantage over other transportation. If oil gets choppy, they will too. They are in a growth channel where you buy at the low side of the channel and sell at the upper range.
BUY
Likes the company. Has a high level of ROE at 18/19%. The fundamentals have improved recently. Is capable of outperforming the TSX by 20%.
HOLD
Trading at a valuation that it has never traded at before. A good quality position to hold. Feels that it should be trading at $70.50, but that is based on a short history since its IPO. There is $10 of risk. Has a model price of $86.
WAIT
An efficiently managed company. Probably not a bad long term investment. Had a pretty big high. Probably 6 months away from seeing any real growth again. If he was going to own, he would probably do a covered write.
TOP PICK
Has had a great move, but with the forward earnings expectations, it is still only trading at between 13 and 15 X forward earnings. Grain crops are going to be very strong. Have been very good at passing on their higher fuel costs.
PAST TOP PICK
(A Top Pick Jan 28/05. Up 10%.) Wonderful, high quality, well managed company.
BUY
Railways are looking very good. Prefers Canadian Pacific (CP-T).
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