Atb Cap Markets Has Negative Outlook of CNI FY2025 Earnings

Key Points

• Atb Cap Markets has lowered its FY2025 earnings per share (EPS) estimate for Canadian National Railway (CNI) to $5.57, down from a previous forecast of $5.66.
• Canadian National Railway recently reported a quarterly EPS of $1.35, missing the analysts' consensus estimate of $1.37 and generating $3.14 billion in revenue compared to expectations of $4.34 billion.
• The company announced a quarterly dividend increase to $0.6507 per share, which translates to an annualized dividend of $2.60 and a yield of 2.73%.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Atb Cap Markets lowered their FY2025 EPS estimates for Canadian National Railway in a note issued to investors on Tuesday, July 22nd. Atb Cap Markets analyst C. Murray now anticipates that the transportation company will post earnings per share of $5.57 for the year, down from their prior forecast of $5.66. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share. Atb Cap Markets also issued estimates for Canadian National Railway's Q4 2025 earnings at $1.47 EPS, Q1 2026 earnings at $1.44 EPS and Q4 2026 earnings at $1.64 EPS.

A number of other brokerages have also issued reports on CNI. Susquehanna dropped their price target on shares of Canadian National Railway from $122.00 to $120.00 and set a "positive" rating for the company in a research note on Wednesday. Bank of America lifted their price target on shares of Canadian National Railway from $105.00 to $115.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Argus upgraded shares of Canadian National Railway to a "hold" rating in a research note on Friday, June 27th. Stifel Nicolaus dropped their price target on shares of Canadian National Railway from $125.00 to $115.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, National Bank Financial lowered shares of Canadian National Railway from an "outperform" rating to a "sector perform" rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $118.36.

Canadian National Railway Stock Down 0.8%

Shares of NYSE:CNI opened at $95.51 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.43 and a debt-to-equity ratio of 0.90. The company has a fifty day simple moving average of $103.97 and a 200 day simple moving average of $101.55. The firm has a market cap of $59.83 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 1.93 and a beta of 0.97. Canadian National Railway has a 12-month low of $91.65 and a 12-month high of $121.12.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last issued its quarterly earnings results on Tuesday, July 22nd. The transportation company reported $1.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.37 by ($0.02). The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $4.34 billion. Canadian National Railway had a return on equity of 21.71% and a net margin of 26.63%. The firm's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.84 EPS.

Institutional Investors Weigh In On Canadian National Railway

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in Canadian National Railway by 7.5% in the fourth quarter. Royal Bank of Canada now owns 27,757,038 shares of the transportation company's stock worth $2,817,616,000 after purchasing an additional 1,934,622 shares during the period. Vanguard Group Inc. lifted its holdings in Canadian National Railway by 0.8% in the first quarter. Vanguard Group Inc. now owns 23,165,939 shares of the transportation company's stock worth $2,254,370,000 after purchasing an additional 179,261 shares during the period. Capital International Investors lifted its holdings in Canadian National Railway by 12.8% in the fourth quarter. Capital International Investors now owns 11,822,063 shares of the transportation company's stock worth $1,199,680,000 after purchasing an additional 1,341,133 shares during the period. TD Asset Management Inc lifted its holdings in Canadian National Railway by 0.3% in the first quarter. TD Asset Management Inc now owns 11,798,566 shares of the transportation company's stock worth $1,148,008,000 after purchasing an additional 30,066 shares during the period. Finally, 1832 Asset Management L.P. lifted its holdings in Canadian National Railway by 6.0% in the first quarter. 1832 Asset Management L.P. now owns 11,243,512 shares of the transportation company's stock worth $1,095,793,000 after purchasing an additional 636,147 shares during the period. Institutional investors and hedge funds own 80.74% of the company's stock.

Canadian National Railway Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 8th will be issued a $0.6507 dividend. The ex-dividend date is Monday, September 8th. This represents a $2.60 annualized dividend and a yield of 2.73%. This is an increase from Canadian National Railway's previous quarterly dividend of $0.62. Canadian National Railway's dividend payout ratio is presently 50.49%.

About Canadian National Railway

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.