CNI Q3 EPS Forecast Reduced by National Bank Financial

Key Points

• National Bank Financial has reduced its Q3 2025 earnings per share estimate for Canadian National Railway (CNI) from $1.34 to $1.29.
• The company recently reported a quarterly EPS of $1.35, missing the consensus estimate of $1.37, alongside revenue of $3.14 billion which was below expectations.
• Canadian National Railway has declared an increased quarterly dividend of $0.6507 per share, representing a 2.8% annual yield, reflecting the company's commitment to returning value to its shareholders.

Canadian National Railway Company (NYSE:CNI - Free Report) TSE: CNR - Research analysts at National Bank Financial lowered their Q3 2025 EPS estimates for Canadian National Railway in a report released on Wednesday, September 17th. National Bank Financial analyst C. Doerksen now expects that the transportation company will post earnings of $1.29 per share for the quarter, down from their previous estimate of $1.34. 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 Q4 2025 earnings at $1.48 EPS, FY2025 earnings at $5.44 EPS and FY2026 earnings at $5.83 EPS.

Several other brokerages have also recently commented on CNI. Barclays reduced their price objective on shares of 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. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Canadian National Railway in a research note on Wednesday, July 23rd. Evercore ISI cut shares of Canadian National Railway from an "outperform" rating to an "in-line" rating and set a $105.00 price objective for the company. in a research note on Wednesday, July 23rd. Wells Fargo & Company reduced their price objective 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, Susquehanna cut their price target on shares of Canadian National Railway from $122.00 to $120.00 and set a "positive" rating for the company in a research note on Wednesday, July 23rd. Two 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 issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $118.36.

Canadian National Railway Stock Performance

Shares of NYSE CNI traded down $1.19 during midday trading on Friday, hitting $92.13. The company's stock had a trading volume of 1,641,347 shares, compared to its average volume of 1,542,229. The stock has a fifty day moving average price of $95.64 and a 200 day moving average price of $99.32. Canadian National Railway has a one year low of $91.07 and a one year high of $118.46. The company has a current ratio of 0.82, a quick ratio of 0.58 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $57.19 billion, a price-to-earnings ratio of 17.72, a P/E/G ratio of 2.15 and a beta of 0.94.

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 earnings per share (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 business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period last year, the firm earned $1.84 EPS. The business's revenue for the quarter was down 1.3% on a year-over-year basis.

Canadian National Railway Increases Dividend

The firm 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 $0.6507 dividend. This is a boost from Canadian National Railway's previous quarterly dividend of $0.62. The ex-dividend date is Monday, September 8th. This represents a $2.60 annualized dividend and a dividend yield of 2.8%. Canadian National Railway's dividend payout ratio (DPR) is currently 50.19%.

Institutional Investors Weigh In On Canadian National Railway

A number of institutional investors have recently added to or reduced their stakes in CNI. Caldwell Trust Co bought a new stake in shares of Canadian National Railway during the second quarter worth $68,000. Troy Asset Management Ltd grew its stake in shares of Canadian National Railway by 0.3% during the second quarter. Troy Asset Management Ltd now owns 1,058,149 shares of the transportation company's stock worth $110,090,000 after acquiring an additional 3,060 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Canadian National Railway by 5.0% during the second quarter. Osaic Holdings Inc. now owns 31,334 shares of the transportation company's stock worth $3,256,000 after acquiring an additional 1,482 shares during the last quarter. Orion Porfolio Solutions LLC boosted its position in Canadian National Railway by 19.0% in the second quarter. Orion Porfolio Solutions LLC now owns 15,469 shares of the transportation company's stock valued at $1,609,000 after buying an additional 2,469 shares during the last quarter. Finally, Monarch Capital Management Inc. boosted its position in Canadian National Railway by 9.9% in the second quarter. Monarch Capital Management Inc. now owns 3,537 shares of the transportation company's stock valued at $369,000 after buying an additional 320 shares during the last quarter. 80.74% of the stock is owned by hedge funds and other 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.