Atb Cap Markets Has Bearish Outlook for TSE:CNR Q4 Earnings

Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Equities research analysts at Atb Cap Markets reduced their Q4 2026 earnings per share (EPS) estimates for Canadian National Railway in a research note issued to investors on Tuesday, October 14th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $2.21 per share for the quarter, down from their previous forecast of $2.25. The consensus estimate for Canadian National Railway's current full-year earnings is $8.26 per share.

A number of other analysts also recently weighed in on the stock. National Bank Financial downgraded shares of Canadian National Railway from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd. National Bankshares downgraded shares of Canadian National Railway from an "outperform" rating to a "sector perform" rating and decreased their target price for the company from C$170.00 to C$150.00 in a research report on Wednesday, July 23rd. Argus raised shares of Canadian National Railway to a "hold" rating in a research report on Friday, June 27th. Royal Bank Of Canada decreased their target price on shares of Canadian National Railway from C$161.00 to C$157.00 and set an "outperform" rating for the company in a research report on Wednesday, July 23rd. Finally, Citigroup decreased their target price on shares of Canadian National Railway from C$123.00 to C$121.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Canadian National Railway presently has a consensus rating of "Moderate Buy" and a consensus price target of C$151.36.

Canadian National Railway Stock Performance

Canadian National Railway stock opened at C$132.99 on Friday. The company has a market capitalization of C$83.01 billion, a P/E ratio of 18.34, a P/E/G ratio of 3.38 and a beta of 0.92. The business has a 50 day moving average of C$131.26 and a 200-day moving average of C$136.65. The company has a debt-to-equity ratio of 107.59, a current ratio of 0.64 and a quick ratio of 0.58. Canadian National Railway has a 1 year low of C$126.11 and a 1 year high of C$159.78.

Insider Activity at Canadian National Railway

In other news, Director Shauneen Elizabeth Bruder bought 7,600 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The shares were bought at an average cost of C$131.40 per share, for a total transaction of C$998,624.04. Also, Director Susan C. Jones bought 1,520 shares of the business's stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of C$130.96 per share, for a total transaction of C$199,065.28. Company insiders own 2.64% of the company's stock.

Canadian National Railway Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 29th were given a dividend of $0.8875 per share. The ex-dividend date of this dividend was Monday, September 8th. This represents a $3.55 annualized dividend and a dividend yield of 2.7%. Canadian National Railway's dividend payout ratio (DPR) is 47.79%.

Canadian National Railway Company Profile

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).

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