Desjardins Analysts Reduce Earnings Estimates for CNI

Key Points

• Desjardins has reduced its Q3 2025 earnings estimate for Canadian National Railway to $1.32 per share, down from $1.40, while the consensus for the full-year earnings is $5.52 per share.
• Canadian National Railway recently reported a Q2 EPS of $1.35, missing estimates and showing a decline in revenue compared to the previous year.
• The company announced an increase in its quarterly dividend to $0.6507 per share, with a yield of 2.71%, representing a boost from the previous dividend of $0.62.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Stock analysts at Desjardins dropped their Q3 2025 EPS estimates for shares of Canadian National Railway in a research note issued on Tuesday, July 22nd. Desjardins analyst B. Poirier now forecasts that the transportation company will post earnings per share of $1.32 for the quarter, down from their prior estimate of $1.40. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share. Desjardins also issued estimates for Canadian National Railway's FY2025 earnings at $5.48 EPS, FY2026 earnings at $6.15 EPS and FY2027 earnings at $6.78 EPS.

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 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 analysts' expectations of $4.34 billion. Canadian National Railway had a net margin of 26.63% and a return on equity of 21.71%. The company's quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.84 earnings per share.

Other research analysts have also issued reports about the stock. Barclays decreased their price target on shares of Canadian National Railway from $106.00 to $99.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. Royal Bank Of Canada reduced their price target on shares of Canadian National Railway from $161.00 to $157.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 23rd. Bank of America lifted their target price on shares of Canadian National Railway from $105.00 to $115.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Wall Street Zen upgraded shares of Canadian National Railway from a "sell" rating to a "hold" rating in a research note on Friday, May 30th. Finally, Argus upgraded shares of Canadian National Railway to a "hold" rating in a research note on Friday, June 27th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $118.36.

Canadian National Railway Price Performance

Canadian National Railway stock traded down $0.93 during midday trading on Friday, reaching $94.95. The company had a trading volume of 524,611 shares, compared to its average volume of 1,468,962. The company has a market capitalization of $59.48 billion, a P/E ratio of 18.25, a P/E/G ratio of 2.13 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. The firm's fifty day simple moving average is $103.72 and its 200-day simple moving average is $101.47. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.58.

Canadian National Railway Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 8th will be given a $0.6507 dividend. The ex-dividend date is Monday, September 8th. This is a boost from Canadian National Railway's previous quarterly dividend of $0.62. This represents a $2.60 dividend on an annualized basis and a yield of 2.74%. Canadian National Railway's payout ratio is 49.81%.

Institutional Investors Weigh In On Canadian National Railway

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position 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 valued at $2,817,616,000 after acquiring an additional 1,934,622 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of 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 valued at $2,254,370,000 after buying an additional 179,261 shares during the last quarter. TD Asset Management Inc raised its holdings in shares of Canadian National Railway by 2.3% in the second quarter. TD Asset Management Inc now owns 12,072,540 shares of the transportation company's stock valued at $1,255,385,000 after buying an additional 273,974 shares during the last quarter. Capital International Investors raised its holdings in shares of 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 valued at $1,199,680,000 after buying an additional 1,341,133 shares during the last quarter. Finally, 1832 Asset Management L.P. raised its holdings in shares of 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 valued at $1,095,793,000 after buying an additional 636,147 shares during the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

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.