National Bank Financial Estimates CNI FY2027 Earnings

Key Points

• National Bank Financial forecasts Canadian National Railway's earnings per share to be $6.37 for FY2027, up from the current consensus estimate of $5.52 per share.
• The company recently reported quarterly earnings of $1.35 per share, missing estimates and showing a revenue decline of 1.3% compared to the previous year.
• Canadian National Railway announced an increase in its quarterly dividend to $0.6507, representing an annualized yield of 2.8%.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Investment analysts at National Bank Financial issued their FY2027 earnings per share estimates for shares of Canadian National Railway in a research note issued to investors on Wednesday, September 17th. National Bank Financial analyst C. Doerksen forecasts that the transportation company will post earnings of $6.37 per share for the year. National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last released its quarterly earnings results on Tuesday, July 22nd. The transportation company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.02). The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $4.34 billion. Canadian National Railway had a return on equity of 21.71% and a net margin of 26.63%.The company's quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $1.84 EPS.

Several other research firms also recently issued reports on CNI. Barclays cut their price target on Canadian National Railway from $106.00 to $99.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Royal Bank Of Canada cut their target price on shares of Canadian National Railway from $161.00 to $157.00 and set an "outperform" rating for the company in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Canadian National Railway in a research note on Wednesday, July 23rd. Wells Fargo & Company cut their target price on shares of Canadian National Railway from $120.00 to $117.00 and set an "overweight" rating for the company in a research note on Wednesday, July 23rd. Finally, Citigroup cut their target price on shares of Canadian National Railway from $124.00 to $123.00 and set a "buy" rating for the company in a research note on Wednesday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Canadian National Railway presently has an average rating of "Hold" and an average target price of $118.36.

Canadian National Railway Trading Down 0.1%

NYSE:CNI opened at $93.38 on Monday. The company has a market capitalization of $57.97 billion, a PE ratio of 17.96, a price-to-earnings-growth ratio of 2.15 and a beta of 0.94. The company has a quick ratio of 0.58, a current ratio of 0.82 and a debt-to-equity ratio of 0.90. Canadian National Railway has a 52-week low of $91.07 and a 52-week high of $118.76. The stock has a fifty day simple moving average of $95.64 and a 200-day simple moving average of $99.32.

Institutional Investors Weigh In On Canadian National Railway

A number of hedge funds have recently added to or reduced their stakes in the stock. Addison Advisors LLC increased its holdings in shares of Canadian National Railway by 124.0% during the second quarter. Addison Advisors LLC now owns 271 shares of the transportation company's stock valued at $28,000 after purchasing an additional 150 shares during the period. Dagco Inc. acquired a new position in shares of Canadian National Railway during the 1st quarter valued at $32,000. Curio Wealth LLC increased its position in shares of Canadian National Railway by 31,600.0% during the 2nd quarter. Curio Wealth LLC now owns 317 shares of the transportation company's stock valued at $33,000 after purchasing an additional 316 shares during the period. Bruce G. Allen Investments LLC increased 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 purchasing an additional 106 shares during the period. Finally, CX Institutional acquired a new position in Canadian National Railway during the first quarter worth about $39,000. 80.74% of the stock is currently owned by institutional investors.

Canadian National Railway Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 8th will be paid a $0.6507 dividend. The ex-dividend date is Monday, September 8th. This is a positive change 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 2.8%. Canadian National Railway's dividend payout ratio (DPR) is 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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