Desjardins Issues Negative Forecast for CNI Earnings

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Stock analysts at Desjardins dropped their Q4 2025 earnings estimates for shares of Canadian National Railway in a research note issued on Tuesday, July 22nd. Desjardins analyst B. Poirier now anticipates that the transportation company will earn $1.44 per share for the quarter, down from their prior forecast of $1.46. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share.

Several other equities research analysts have also recently issued reports on the stock. Barclays lowered their price objective on shares of Canadian National Railway from $106.00 to $99.00 and set an "equal weight" rating for the company in a research report on Wednesday. Stephens increased their target price on shares of Canadian National Railway from $105.00 to $109.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Canadian National Railway in a report on Wednesday. Susquehanna dropped their target price on shares of Canadian National Railway from $122.00 to $120.00 and set a "positive" rating on the stock in a report on Wednesday. Finally, National Bank Financial cut shares of Canadian National Railway from an "outperform" rating to a "sector perform" rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Canadian National Railway currently has a consensus rating of "Hold" and a consensus price target of $118.36.

Canadian National Railway Trading Up 0.5%

Canadian National Railway stock traded up $0.45 during trading hours on Thursday, hitting $95.87. The company had a trading volume of 2,287,331 shares, compared to its average volume of 1,606,836. The firm has a market cap of $60.06 billion, a P/E ratio of 18.44, a P/E/G ratio of 2.12 and a beta of 0.97. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.43 and a current ratio of 0.82. Canadian National Railway has a 1 year low of $91.65 and a 1 year high of $121.12. The company has a 50-day moving average price of $103.72 and a two-hundred day moving average price of $101.49.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last posted its quarterly earnings results on Tuesday, July 22nd. The transportation company reported $1.35 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 company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter in the previous year, the company posted $1.84 earnings per share. The company's revenue for the quarter was down 1.3% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CNI. Norges Bank acquired a new stake in Canadian National Railway during the 4th quarter worth $563,048,000. Kingstone Capital Partners Texas LLC acquired a new stake in Canadian National Railway during the 2nd quarter worth $310,489,000. Royal Bank of Canada boosted its stake in Canadian National Railway by 7.5% during the 4th quarter. Royal Bank of Canada now owns 27,757,038 shares of the transportation company's stock worth $2,817,616,000 after purchasing an additional 1,934,622 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Canadian National Railway by 37.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 5,296,701 shares of the transportation company's stock worth $518,260,000 after purchasing an additional 1,439,617 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Canadian National Railway by 33.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,489,874 shares of the transportation company's stock worth $557,278,000 after purchasing an additional 1,380,554 shares during the last quarter. Institutional investors and hedge funds own 80.74% of the company's stock.

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 dividend of $0.6507 per share. This represents a $2.60 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Monday, September 8th. This is an increase from Canadian National Railway's previous quarterly dividend of $0.62. Canadian National Railway's dividend payout ratio is 50.19%.

About Canadian National Railway

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.