Q2 EPS Estimates for CNI Cut by Raymond James Financial

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Equities research analysts at Raymond James Financial cut their Q2 2025 earnings per share estimates for Canadian National Railway in a research report issued to clients and investors on Thursday, July 17th. Raymond James Financial analyst S. Hansen now expects that the transportation company will post earnings of $1.35 per share for the quarter, down from their prior forecast of $1.37. Raymond James Financial currently has a "Outperform" rating on the stock. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share. Raymond James Financial also issued estimates for Canadian National Railway's Q3 2025 earnings at $1.39 EPS.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last announced its quarterly earnings data on Thursday, May 1st. The transportation company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.03. The firm had revenue of $3.06 billion during the quarter, compared to analysts' expectations of $4.38 billion. Canadian National Railway had a return on equity of 22.29% and a net margin of 26.19%. The company's quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.72 EPS.

CNI has been the subject of several other reports. Citigroup dropped their price objective on Canadian National Railway from $124.00 to $123.00 and set a "buy" rating for the company in a report on Wednesday, July 9th. Wall Street Zen raised Canadian National Railway from a "sell" rating to a "hold" rating in a report on Friday, May 30th. Bank of America boosted their price objective on Canadian National Railway from $105.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Royal Bank Of Canada reissued an "outperform" rating and set a $163.00 price objective on shares of Canadian National Railway in a report on Thursday, June 5th. Finally, Argus raised 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, seven have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Canadian National Railway currently has an average rating of "Moderate Buy" and an average price target of $120.86.

Canadian National Railway Stock Performance

Shares of NYSE:CNI opened at $99.50 on Monday. The stock has a market capitalization of $62.33 billion, a P/E ratio of 19.40, a P/E/G ratio of 1.99 and a beta of 0.97. Canadian National Railway has a 1-year low of $91.65 and a 1-year high of $122.19. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.88. The business has a 50-day moving average price of $104.62 and a two-hundred day moving average price of $101.67.

Hedge Funds Weigh In On Canadian National Railway

Several institutional investors and hedge funds have recently modified their holdings of CNI. Norges Bank acquired a new position in shares of Canadian National Railway in the 4th quarter valued at approximately $563,048,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Canadian National Railway in the 2nd quarter valued at approximately $310,489,000. Royal Bank of Canada grew its position in shares of Canadian National Railway by 7.5% in the 4th quarter. Royal Bank of Canada now owns 27,757,038 shares of the transportation company's stock valued at $2,817,616,000 after purchasing an additional 1,934,622 shares during the period. The Manufacturers Life Insurance Company boosted its position 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 acquiring an additional 1,439,617 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position 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 acquiring an additional 1,380,554 shares during the last quarter. 80.74% of the stock is currently owned by institutional investors and hedge funds.

Canadian National Railway Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 30th. Investors of record on Tuesday, June 10th were given a $0.8875 dividend. The ex-dividend date of this dividend was Monday, June 9th. This is a positive change from Canadian National Railway's previous dividend of $0.29. This represents a dividend yield of 2.47%. Canadian National Railway's payout ratio is currently 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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