Desjardins Brokers Reduce Earnings Estimates for TSE:CNR

Key Points

• Desjardins has revised its Q3 2025 earnings per share estimate for Canadian National Railway (TSE:CNR) from $1.81 to $1.73, while maintaining a "Buy" rating and a target price of $151.00.
• Several analysts, including JPMorgan and National Bankshares, have recently downgraded their ratings or reduced the target prices for Canadian National Railway's stock.
• The company declared a quarterly dividend of $0.8875 per share, with a current yield of 2.6%.

Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Stock analysts at Desjardins decreased their Q3 2025 earnings per share (EPS) estimates for shares of Canadian National Railway in a note issued to investors on Monday, October 6th. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $1.73 per share for the quarter, down from their prior forecast of $1.81. Desjardins currently has a "Buy" rating and a $151.00 target price on the stock. The consensus estimate for Canadian National Railway's current full-year earnings is $8.26 per share. Desjardins also issued estimates for Canadian National Railway's FY2025 earnings at $7.37 EPS, FY2026 earnings at $8.14 EPS and FY2027 earnings at $9.07 EPS.

A number of other equities research analysts have also recently commented on CNR. JPMorgan Chase & Co. cut Canadian National Railway from an "outperform" rating to a "neutral" rating and raised their price target for the company from C$154.00 to C$163.00 in a report on Wednesday, July 23rd. BMO Capital Markets decreased their target price on Canadian National Railway from C$168.00 to C$163.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 23rd. National Bankshares downgraded Canadian National Railway from an "outperform" rating to a "sector perform" rating and dropped their price target for the stock from C$170.00 to C$150.00 in a research note on Wednesday, July 23rd. Argus upgraded shares of Canadian National Railway to a "hold" rating in a research report on Friday, June 27th. Finally, Scotiabank lowered their target price on shares of Canadian National Railway from C$153.00 to C$150.00 and set an "outperform" rating on the stock in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of C$152.07.

Canadian National Railway Stock Up 0.2%

Shares of CNR stock opened at C$134.78 on Tuesday. 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 one year low of C$126.11 and a one year high of C$160.88. The company's fifty day moving average price is C$130.47 and its 200-day moving average price is C$136.99. The company has a market capitalization of C$84.13 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 3.38 and a beta of 0.92.

Insiders Place Their Bets

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 7,600 shares of the stock in a transaction on Thursday, July 24th. The stock was acquired at an average price of C$131.40 per share, for a total transaction of C$998,624.04. Also, Director Susan C. Jones acquired 1,520 shares of the company's stock in a transaction on Thursday, July 24th. The stock was acquired at an average cost of C$130.96 per share, with a total value of C$199,065.28. 2.64% of the stock is owned by corporate insiders.

Canadian National Railway Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 29th were given a $0.8875 dividend. This represents a $3.55 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, September 8th. Canadian National Railway's payout ratio is currently 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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