Raymond James Analysts Cut Earnings Estimates for Canadian National Railway (TSE:CNR)

Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Investment analysts at Raymond James reduced their FY2025 earnings per share estimates for shares of Canadian National Railway in a note issued to investors on Monday, April 22nd. Raymond James analyst S. Hansen now anticipates that the company will post earnings of $8.25 per share for the year, down from their prior estimate of $9.25. Raymond James has a "Outperform" rating and a $190.00 price objective on the stock. The consensus estimate for Canadian National Railway's current full-year earnings is $8.01 per share.

Several other equities analysts have also weighed in on the company. CIBC lifted their price target on Canadian National Railway from C$177.00 to C$183.00 and gave the company a "neutral" rating in a research note on Wednesday, March 27th. Royal Bank of Canada boosted their price objective on Canadian National Railway from C$171.00 to C$172.00 and gave the stock a "sector perform" rating in a research note on Wednesday. Scotiabank boosted their price objective on Canadian National Railway from C$173.00 to C$184.00 and gave the stock a "sector perform" rating in a research note on Monday, March 25th. UBS Group cut their price objective on Canadian National Railway from C$205.00 to C$202.00 in a research note on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on Canadian National Railway from C$158.00 to C$164.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of C$184.50.


Read Our Latest Analysis on CNR

Canadian National Railway Stock Performance

Shares of CNR stock traded down C$8.44 on Wednesday, hitting C$168.35. The company had a trading volume of 1,684,512 shares, compared to its average volume of 964,841. The firm has a market cap of C$107.78 billion, a P/E ratio of 19.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.65. The company has a 50-day moving average price of C$176.07 and a 200-day moving average price of C$165.60. The company has a quick ratio of 0.58, a current ratio of 0.61 and a debt-to-equity ratio of 93.89. Canadian National Railway has a twelve month low of C$143.13 and a twelve month high of C$181.34.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last issued its quarterly earnings data on Tuesday, January 23rd. The company reported C$2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.96 by C$0.06. The business had revenue of C$4.47 billion during the quarter, compared to analysts' expectations of C$4.38 billion. Canadian National Railway had a return on equity of 27.11% and a net margin of 33.43%.

Insider Transactions at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder acquired 6,000 shares of the business's stock in a transaction dated Thursday, February 1st. The shares were acquired at an average price of C$168.44 per share, with a total value of C$1,010,640.00. In other Canadian National Railway news, Director Shauneen Elizabeth Bruder bought 6,000 shares of the company's stock in a transaction that occurred on Thursday, February 1st. The shares were purchased at an average price of C$168.44 per share, with a total value of C$1,010,640.00. Also, Senior Officer Derek Michael Taylor sold 2,610 shares of the firm's stock in a transaction on Monday, February 26th. The shares were sold at an average price of C$131.26, for a total value of C$342,577.38. Corporate insiders own 1.67% of the company's stock.

About Canadian National Railway

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Canadian National Railway (TSE:CNR)

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