Equities Analysts Offer Predictions for CNI Q3 Earnings

Key Points

• Desjardins analysts have revised down their Q3 2025 earnings per share (EPS) estimate for Canadian National Railway (CNI) to $1.25 from $1.32, while the full-year EPS estimate remains at $5.52.
• Multiple firms have adjusted their ratings on CNI, including Evercore ISI, which downgraded the stock from "outperform" to "in-line," and Wells Fargo, which reduced its price target from $117 to $110.
• Canadian National Railway recently declared a quarterly dividend of $0.6507 per share, marking an increase from the previous $0.62 dividend, translating to an annualized yield of 2.7%.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Stock analysts at Desjardins dropped their Q3 2025 earnings per share (EPS) estimates for Canadian National Railway in a research report issued on Monday, October 6th. Desjardins analyst B. Poirier now anticipates that the transportation company will post earnings per share of $1.25 for the quarter, down from their prior estimate of $1.32. 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 $5.31 EPS, FY2026 earnings at $5.86 EPS and FY2027 earnings at $6.53 EPS.

Several other equities analysts have also weighed in on CNI. Evercore ISI lowered Canadian National Railway from an "outperform" rating to an "in-line" rating and set a $105.00 price objective on the stock. in a research note on Wednesday, July 23rd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Canadian National Railway in a research note on Saturday, September 27th. National Bank Financial lowered Canadian National Railway from an "outperform" rating to a "sector perform" rating in a research report on Wednesday, July 23rd. Wall Street Zen lowered Canadian National Railway from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, Wells Fargo & Company reduced their price target on Canadian National Railway from $117.00 to $110.00 and set an "overweight" rating on the stock in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Canadian National Railway presently has an average rating of "Hold" and an average target price of $116.11.

Canadian National Railway Stock Performance

NYSE CNI opened at $96.72 on Tuesday. The firm has a market capitalization of $60.04 billion, a P/E ratio of 18.60, a P/E/G ratio of 2.15 and a beta of 0.96. Canadian National Railway has a 1-year low of $91.07 and a 1-year high of $116.79. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.58. The business's 50-day simple moving average is $94.39 and its 200-day simple moving average is $99.03.

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 the consensus estimate of $1.37 by ($0.02). The business 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 firm's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.84 EPS.

Institutional Investors Weigh In On Canadian National Railway

Several institutional investors and hedge funds have recently made changes to their positions in CNI. GAMMA Investing LLC raised its position in shares of Canadian National Railway by 12,692.7% during the 1st quarter. GAMMA Investing LLC now owns 69,976 shares of the transportation company's stock valued at $6,820,000 after acquiring an additional 69,429 shares in the last quarter. Gateway Investment Advisers LLC raised its position in shares of Canadian National Railway by 71.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 4,869 shares of the transportation company's stock valued at $475,000 after acquiring an additional 2,022 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Canadian National Railway by 312.8% during the 1st quarter. Farther Finance Advisors LLC now owns 5,441 shares of the transportation company's stock valued at $537,000 after acquiring an additional 4,123 shares in the last quarter. Bruce G. Allen Investments LLC raised its position in shares of Canadian National Railway by 44.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 346 shares of the transportation company's stock valued at $34,000 after acquiring an additional 106 shares in the last quarter. Finally, Cardinal Capital Management Inc. raised its position in shares of Canadian National Railway by 4.6% during the 1st quarter. Cardinal Capital Management Inc. now owns 709,315 shares of the transportation company's stock valued at $69,056,000 after acquiring an additional 31,104 shares in the last quarter. 80.74% of the stock is owned by institutional investors and hedge funds.

Canadian National Railway Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 8th were given a dividend of $0.6507 per share. The ex-dividend date of this dividend was Monday, September 8th. This represents a $2.60 annualized dividend and a dividend yield of 2.7%. This is an increase from Canadian National Railway's previous quarterly dividend of $0.62. Canadian National Railway's dividend payout ratio is currently 50.19%.

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.

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