Q3 EPS Estimates for CNI Reduced by National Bank Financial

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Stock analysts at National Bank Financial reduced their Q3 2025 EPS estimates for shares of Canadian National Railway in a research note issued on Tuesday, July 8th. National Bank Financial analyst C. Doerksen now expects that the transportation company will earn $1.40 per share for the quarter, down from their previous forecast of $1.41. 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 FY2025 earnings at $5.65 EPS and FY2026 earnings at $6.22 EPS.

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

A number of other research analysts also recently issued reports on CNI. Argus upgraded shares of Canadian National Railway to a "hold" rating in a research report on Friday, June 27th. Stifel Nicolaus cut their price target on shares of 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. Jefferies Financial Group cut their price target on shares of 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. Royal Bank Of Canada reiterated an "outperform" rating and issued a $163.00 price target on shares of Canadian National Railway in a research report on Thursday, June 5th. Finally, Citigroup cut their price target on shares of Canadian National Railway from $124.00 to $123.00 and set a "buy" rating on the stock in a research report on Wednesday. Two analysts have rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $120.86.

Canadian National Railway Trading Down 0.6%

Canadian National Railway stock traded down $0.63 during trading hours on Thursday, reaching $105.40. 633,371 shares of the company's stock traded hands, compared to its average volume of 1,323,813. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.43 and a current ratio of 0.62. Canadian National Railway has a fifty-two week low of $91.65 and a fifty-two week high of $123.96. The firm has a market capitalization of $66.18 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 2.10 and a beta of 0.97. The firm's 50 day moving average is $104.30 and its 200-day moving average is $101.64.

Canadian National Railway Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th were paid a dividend of $0.8875 per share. This is a boost from Canadian National Railway's previous dividend of $0.29. This represents a dividend yield of 2.47%. The ex-dividend date of this dividend was Monday, June 9th. Canadian National Railway's dividend payout ratio (DPR) is currently 50.49%.

Hedge Funds Weigh In On Canadian National Railway

Several hedge funds have recently made changes to their positions in CNI. Raymond James Financial Inc. bought a new position in shares of Canadian National Railway during the 4th quarter worth approximately $28,022,000. Callan Family Office LLC bought a new position in shares of Canadian National Railway in the fourth quarter valued at $232,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Canadian National Railway by 13.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 249,526 shares of the transportation company's stock valued at $25,326,000 after buying an additional 29,856 shares in the last quarter. Natural Investments LLC bought a new position in shares of Canadian National Railway in the fourth quarter valued at $470,000. Finally, Sequoia Financial Advisors LLC grew its stake in shares of Canadian National Railway by 6.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 6,397 shares of the transportation company's stock valued at $649,000 after buying an additional 397 shares in the last quarter. 80.74% of the stock is owned by institutional investors.

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.