Zacks Research Has Negative Outlook for TSE:CNR Q4 Earnings

Key Points

• Zacks Research has lowered its Q4 2025 earnings estimate for Canadian National Railway to $2.06 per share from $2.12, with a current full-year earnings consensus at $8.26 per share.
• Several analysts have adjusted their ratings and target prices for the stock, with TD Securities setting a new target price of C$165.00 while Royal Bank of Canada adjusted theirs to C$157.00.
• The company has announced a quarterly dividend of $0.8875 per share, with a dividend yield of 2.7%, to be paid on September 9th.

Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Equities researchers at Zacks Research dropped their Q4 2025 earnings per share (EPS) estimates for Canadian National Railway in a research report issued to clients and investors on Monday, August 4th. Zacks Research analyst M. Basu now forecasts that the company will post earnings per share of $2.06 for the quarter, down from their previous forecast of $2.12. The consensus estimate for Canadian National Railway's current full-year earnings is $8.26 per share. Zacks Research also issued estimates for Canadian National Railway's Q3 2026 earnings at $2.00 EPS.

CNR has been the topic of a number of other research reports. National Bankshares downgraded Canadian National Railway from an "outperform" rating to a "sector perform" rating and lowered their target price for the company from C$170.00 to C$150.00 in a research note on Wednesday, July 23rd. TD Securities lowered their price target on Canadian National Railway from C$168.00 to C$165.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. National Bank Financial lowered shares of Canadian National Railway from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 22nd. Evercore ISI cut shares of Canadian National Railway from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 23rd. Finally, Susquehanna upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$155.79.

Canadian National Railway Stock Up 0.2%

Shares of TSE:CNR traded up C$0.26 during trading on Wednesday, reaching C$127.33. 979,228 shares of the company traded hands, compared to its average volume of 1,361,469. The firm has a fifty day simple moving average of C$138.66 and a 200 day simple moving average of C$141.17. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. Canadian National Railway has a 1-year low of C$126.91 and a 1-year high of C$164.53. The firm has a market cap of C$79.78 billion, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.

Canadian National Railway Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Stockholders of record on Monday, September 8th will be given a dividend of $0.8875 per share. This represents a $3.55 annualized dividend and a dividend yield of 2.8%. Canadian National Railway's dividend payout ratio (DPR) is currently 36.54%.

Insider Activity

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder purchased 7,600 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average price of C$131.40 per share, with a total value of C$998,624.04. Also, Director Susan C. Jones purchased 1,520 shares of the business's stock in a transaction on Thursday, July 24th. The shares were acquired at an average price of C$130.96 per share, with a total value of C$199,065.28. Over the last quarter, insiders have bought 9,747 shares of company stock worth $1,285,138. 2.64% of the stock is owned by company insiders.

About Canadian National Railway

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).