Atb Cap Markets Issues Optimistic Estimate for CNI Earnings

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Equities researchers at Atb Cap Markets increased their Q2 2025 earnings estimates for Canadian National Railway in a research note issued to investors on Sunday, July 6th. Atb Cap Markets analyst C. Murray now expects that the transportation company will earn $1.39 per share for the quarter, up from their previous estimate of $1.37. 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 Q1 2026 earnings at $1.46 EPS and Q4 2026 earnings at $1.62 EPS.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last issued its earnings results on Thursday, May 1st. The transportation company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.03. The business had revenue of $3.06 billion during the quarter, compared to analyst estimates of $4.38 billion. Canadian National Railway had a return on equity of 22.29% and a net margin of 26.19%. Canadian National Railway's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.72 earnings per share.

Other analysts have also issued research reports about the company. Jefferies Financial Group cut their target price on Canadian National Railway from $120.00 to $110.00 and set a "buy" rating for the company in a research note on Wednesday, April 9th. Citigroup increased their price objective on Canadian National Railway from $117.00 to $124.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Evercore ISI dropped their price objective on Canadian National Railway from $119.00 to $114.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Wall Street Zen raised Canadian National Railway from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Finally, Barclays dropped their price objective on Canadian National Railway from $104.00 to $101.00 and set an "equal weight" rating for the company in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $120.52.

Canadian National Railway Stock Up 2.0%

Shares of CNI opened at $104.93 on Wednesday. The firm has a market cap of $65.88 billion, a P/E ratio of 20.45, a P/E/G ratio of 2.06 and a beta of 0.97. The stock has a 50 day simple moving average of $103.93 and a two-hundred day simple moving average of $101.59. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.62 and a quick ratio of 0.43. Canadian National Railway has a 1 year low of $91.65 and a 1 year high of $123.96.

Hedge Funds Weigh In On Canadian National Railway

Institutional investors have recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. raised its holdings in Canadian National Railway by 233.3% in the fourth quarter. Polar Asset Management Partners Inc. now owns 25,000 shares of the transportation company's stock worth $2,537,000 after purchasing an additional 17,500 shares in the last quarter. Cypress Asset Management Inc. TX bought a new position in Canadian National Railway in the fourth quarter worth $875,000. SG Americas Securities LLC raised its holdings in Canadian National Railway by 60.6% in the first quarter. SG Americas Securities LLC now owns 9,729 shares of the transportation company's stock worth $948,000 after purchasing an additional 3,671 shares in the last quarter. Focus Partners Wealth raised its holdings in Canadian National Railway by 6.7% in the fourth quarter. Focus Partners Wealth now owns 10,368 shares of the transportation company's stock worth $1,078,000 after purchasing an additional 655 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in Canadian National Railway by 23.3% in the first quarter. Ritholtz Wealth Management now owns 10,957 shares of the transportation company's stock worth $1,068,000 after purchasing an additional 2,068 shares in the last quarter. Institutional investors own 80.74% of the company's stock.

Canadian National Railway Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th were issued a $0.8875 dividend. This is an increase from Canadian National Railway's previous dividend of $0.29. The ex-dividend date of this dividend was Monday, June 9th. This represents a yield of 2.47%. Canadian National Railway's dividend payout ratio is 50.49%.

Canadian National Railway Company Profile

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.

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