Canadian National Railway (TSE:CNR) Cut to Hold at National Bank Financial

National Bank Financial lowered shares of Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI from a strong-buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports. National Bank Financial also issued estimates for Canadian National Railway's Q3 2025 earnings at $1.83 EPS, Q4 2025 earnings at $2.10 EPS, FY2025 earnings at $7.65 EPS and FY2026 earnings at $8.31 EPS.

A number of other equities research analysts have also issued reports on the stock. Evercore ISI lowered shares of Canadian National Railway from a "strong-buy" rating to a "hold" rating in a report on Wednesday. Susquehanna upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. CIBC boosted their price target on shares of Canadian National Railway from C$146.00 to C$155.00 in a report on Thursday, May 22nd. UBS Group boosted their price target on shares of Canadian National Railway from C$172.00 to C$174.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Finally, BMO Capital Markets cut their price target on shares of Canadian National Railway from C$168.00 to C$163.00 and set an "outperform" rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Canadian National Railway has an average rating of "Moderate Buy" and a consensus price target of C$155.79.

Canadian National Railway Price Performance

CNR stock traded up C$1.23 on Tuesday, hitting C$131.40. 1,241,901 shares of the company's stock traded hands, compared to its average volume of 1,357,911. Canadian National Railway has a 1-year low of C$129.90 and a 1-year high of C$164.53. The stock has a market cap of C$82.33 billion, a price-to-earnings ratio of 14.21, a P/E/G ratio of 3.38 and a beta of 0.65. The stock has a fifty day moving average of C$142.13 and a 200-day moving average of C$142.31. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59.

Canadian National Railway Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, September 8th will be paid a $0.8875 dividend. This represents a $3.55 annualized dividend and a yield of 2.70%. Canadian National Railway's dividend payout ratio is presently 36.54%.

Insider Activity at Canadian National Railway

In other Canadian National Railway news, Director Susan C. Jones bought 1,520 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was bought at an average cost of C$130.96 per share, with a total value of C$199,065.28. Also, Director Shauneen Elizabeth Bruder bought 7,600 shares of the firm's stock in a transaction on Thursday, July 24th. The stock was acquired at an average cost of C$131.40 per share, with a total value of C$998,624.04. Insiders acquired 11,208 shares of company stock valued at $1,484,739 over the last three months. Insiders own 2.64% of the company's stock.

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%).