Zacks Research Issues Positive Forecast for TSE:CNR Earnings

Key Points

• Zacks Research raised its Q4 2026 earnings forecast for Canadian National Railway to C$2.17 per share from C$2.16, while estimating Q1 2027 earnings at C$2.06 per share.
• Analyst sentiment remains positive, with the stock holding a consensus “Moderate Buy” rating and an average price target of C$183.29 after several firms increased their targets.
• Canadian National Railway reported C$2.08 in quarterly EPS and C$4.75 billion in revenue in its latest results. Shares recently opened at C$176.52, near their one-year high of C$185.25.

Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Zacks Research upped their Q4 2026 earnings estimates for shares of Canadian National Railway in a research report issued to clients and investors on Friday, August 7th. Zacks Research analyst Team now expects that the company will earn $2.17 per share for the quarter, up from their prior forecast of $2.16. 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 Q1 2027 earnings at $2.06 EPS.

Other analysts have also issued reports about the company. Sanford C. Bernstein boosted their price objective on Canadian National Railway from C$163.00 to C$196.00 in a report on Thursday, July 16th. TD lifted their target price on Canadian National Railway from C$191.00 to C$205.00 and gave the stock a "buy" rating in a research report on Monday, July 27th. BMO Capital Markets boosted their price target on Canadian National Railway from C$180.00 to C$195.00 in a report on Monday, July 27th. Scotiabank upped their price target on Canadian National Railway from C$162.00 to C$194.00 in a research report on Thursday, July 16th. Finally, Citizens Jmp upgraded Canadian National Railway to a "hold" rating in a research note on Wednesday, July 15th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Canadian National Railway currently has a consensus rating of "Moderate Buy" and an average price target of C$183.29.

Canadian National Railway Stock Performance

Shares of CNR stock opened at C$176.52 on Monday. The company has a debt-to-equity ratio of 103.26, a quick ratio of 0.57 and a current ratio of 0.87. Canadian National Railway has a one year low of C$126.11 and a one year high of C$185.25. The company's 50-day simple moving average is C$172.47 and its 200-day simple moving average is C$156.16. The stock has a market capitalization of C$106.78 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 3.38 and a beta of 1.19.

Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last released its earnings results on Friday, July 24th. The company reported C$2.08 earnings per share for the quarter. The company had revenue of C$4.75 billion during the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%.

Insider Buying and Selling

In related news, Director Justin M. Howell bought 350 shares of the stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of C$152.74 per share, with a total value of C$53,459.00. Following the completion of the acquisition, the director owned 350 shares of the company's stock, valued at C$53,459. This trade represents a ∞ increase in their ownership of the stock. 2.64% of the stock is currently owned by insiders.

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada's Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.

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