National Bank Financial Weighs in on CNI FY2025 Earnings

Key Points

• National Bank Financial has revised its FY2025 earnings per share estimate for Canadian National Railway down to $5.58, reflecting a slight decrease from its previous estimate of $5.65.
• Canadian National Railway's recent quarterly earnings reported $1.35 EPS, falling short of the consensus estimate of $1.37 EPS, and its revenue declined by 1.3% year-over-year.
• The company has increased its quarterly dividend to $0.6507 per share, which reflects a dividend yield of 2.73% and follows a previous dividend of $0.62.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Equities research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Canadian National Railway in a research note issued on Tuesday, July 22nd. National Bank Financial analyst C. Doerksen now expects that the transportation company will earn $5.58 per share for the year, down from their previous estimate of $5.65. National Bank Financial 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. National Bank Financial also issued estimates for Canadian National Railway's FY2026 earnings at $6.07 EPS.

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

Other equities research analysts also recently issued research reports about the company. Wells Fargo & Company dropped their target price on Canadian National Railway from $120.00 to $117.00 and set an "overweight" rating on the stock in a research report on Wednesday. Citigroup dropped their target price on Canadian National Railway from $124.00 to $123.00 and set a "buy" rating on the stock in a research report on Wednesday, July 9th. Stifel Nicolaus dropped their target price on Canadian National Railway from $125.00 to $115.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Royal Bank Of Canada lowered their price objective on Canadian National Railway from $161.00 to $157.00 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, Jefferies Financial Group lowered their price objective on Canadian National Railway from $120.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Canadian National Railway currently has an average rating of "Hold" and a consensus price target of $118.36.

Canadian National Railway Trading Down 0.8%

NYSE:CNI opened at $95.51 on Friday. The company has a market cap of $59.83 billion, a P/E ratio of 18.37, a P/E/G ratio of 1.93 and a beta of 0.97. The stock's fifty day moving average price is $103.97 and its two-hundred day moving average price is $101.55. Canadian National Railway has a 1 year low of $91.65 and a 1 year high of $121.12. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Dagco Inc. bought a new position in shares of Canadian National Railway during the first quarter valued at about $32,000. Bruce G. Allen Investments LLC grew its stake in shares of Canadian National Railway by 44.2% during the first quarter. Bruce G. Allen Investments LLC now owns 346 shares of the transportation company's stock valued at $34,000 after buying an additional 106 shares during the last quarter. CX Institutional bought a new position in shares of Canadian National Railway during the first quarter valued at about $39,000. Brooklyn Investment Group grew its stake in shares of Canadian National Railway by 354.3% during the first quarter. Brooklyn Investment Group now owns 427 shares of the transportation company's stock valued at $42,000 after buying an additional 333 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Canadian National Railway during the fourth quarter valued at about $52,000. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 8th will be paid a dividend of $0.6507 per share. 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 dividend yield of 2.73%. The ex-dividend date is Monday, September 8th. Canadian National Railway's dividend payout ratio (DPR) is 50.49%.

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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