CNI Q3 EPS Estimate Lowered by Raymond James Financial

Key Points

• Raymond James Financial has lowered its Q3 2025 EPS estimate for Canadian National Railway from $1.37 to $1.24, while maintaining an "Outperform" rating on the stock.
• Canadian National Railway reported a quarterly EPS of $1.35, missing consensus estimates by $0.02, with a revenue of $3.14 billion well below the expected $4.34 billion.
• The company currently has a consensus rating of "Hold" with a target price of $113.90, supported by various analysts' ratings and adjustments to their price objectives.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Raymond James Financial dropped their Q3 2025 earnings per share (EPS) estimates for Canadian National Railway in a research report issued to clients and investors on Wednesday, October 22nd. Raymond James Financial analyst S. Hansen now expects that the transportation company will post earnings per share of $1.24 for the quarter, down from their previous forecast of $1.37. Raymond James Financial has a "Outperform" rating on the stock. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share. Raymond James Financial also issued estimates for Canadian National Railway's Q4 2025 earnings at $1.44 EPS and FY2026 earnings at $5.86 EPS.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last announced 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). Canadian National Railway had a return on equity of 21.71% and a net margin of 26.63%.The firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $4.34 billion. During the same period last year, the company posted $1.84 earnings per share. The business's quarterly revenue was down 1.3% on a year-over-year basis.

Other equities analysts have also issued research reports about the company. Weiss Ratings restated a "hold (c-)" rating on shares of Canadian National Railway in a research note on Wednesday, October 8th. Evercore ISI cut Canadian National Railway from an "outperform" rating to an "in-line" rating and set a $105.00 price objective for the company. in a research report on Wednesday, July 23rd. Susquehanna decreased their target price on Canadian National Railway from $120.00 to $115.00 and set a "positive" rating on the stock in a research report on Thursday, September 25th. Citigroup dropped their price target on shares of Canadian National Railway from $121.00 to $119.00 and set a "buy" rating on the stock in a research note on Monday, October 13th. Finally, Royal Bank Of Canada reduced their price objective on shares of Canadian National Railway from $161.00 to $157.00 and set an "outperform" rating for the company in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $113.90.

Canadian National Railway Trading Up 0.0%

Shares of Canadian National Railway stock opened at $96.12 on Friday. The firm has a 50-day simple moving average of $94.96 and a two-hundred day simple moving average of $98.80. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.58 and a current ratio of 0.82. Canadian National Railway has a fifty-two week low of $91.07 and a fifty-two week high of $114.13. The company has a market cap of $59.47 billion, a P/E ratio of 18.48, a price-to-earnings-growth ratio of 2.18 and a beta of 0.96.

Institutional Investors Weigh In On Canadian National Railway

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bennett Selby Investments LP raised its position in shares of Canadian National Railway by 2.2% in the second quarter. Bennett Selby Investments LP now owns 4,796 shares of the transportation company's stock valued at $499,000 after buying an additional 101 shares during the last quarter. Heartland Advisors Inc. grew its stake in Canadian National Railway by 0.9% during the 1st quarter. Heartland Advisors Inc. now owns 12,293 shares of the transportation company's stock valued at $1,198,000 after acquiring an additional 108 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in Canadian National Railway by 13.4% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 929 shares of the transportation company's stock valued at $97,000 after acquiring an additional 110 shares during the last quarter. IFP Advisors Inc lifted its stake in Canadian National Railway by 3.3% in the 2nd quarter. IFP Advisors Inc now owns 3,582 shares of the transportation company's stock worth $373,000 after purchasing an additional 115 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Canadian National Railway by 5.3% during the 2nd quarter. D.A. Davidson & CO. now owns 2,374 shares of the transportation company's stock worth $247,000 after purchasing an additional 119 shares during the last quarter. Institutional investors and hedge funds own 80.74% of the company's stock.

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.

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.