Raymond James Brokers Increase Earnings Estimates for CNI

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Investment analysts at Raymond James increased their Q3 2025 EPS estimates for shares of Canadian National Railway in a report released on Tuesday, April 22nd. Raymond James analyst S. Hansen now forecasts that the transportation company will post earnings of $1.38 per share for the quarter, up from their prior estimate of $1.34. Raymond James has a “Hold” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Raymond James also issued estimates for Canadian National Railway’s Q4 2025 earnings at $1.50 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings data on Thursday, January 30th. The transportation company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.09). Canadian National Railway had a net margin of 26.09% and a return on equity of 22.48%.

Several other equities research analysts also recently issued reports on the company. Bank of America dropped their target price on Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Stifel Nicolaus cut their target price on shares of Canadian National Railway from $125.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Jefferies Financial Group lowered their price objective on shares of Canadian National Railway from $120.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Royal Bank of Canada dropped their price objective on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating for the company in a research note on Friday, January 31st. Finally, Barclays lowered their price target on Canadian National Railway from $112.00 to $104.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 2nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have issued a buy rating and four have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Canadian National Railway presently has a consensus rating of “Moderate Buy” and an average target price of $120.36.

Canadian National Railway Trading Up 0.2 %

Shares of CNI stock opened at $97.76 on Wednesday. The company has a 50 day moving average of $98.74 and a 200-day moving average of $104.03. Canadian National Railway has a 12-month low of $91.65 and a 12-month high of $130.60. The firm has a market cap of $61.44 billion, a P/E ratio of 19.09, a PEG ratio of 1.95 and a beta of 0.93. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Synovus Financial Corp lifted its holdings in shares of Canadian National Railway by 82.3% during the 3rd quarter. Synovus Financial Corp now owns 13,873 shares of the transportation company’s stock valued at $1,625,000 after buying an additional 6,261 shares during the period. Sustainable Insight Capital Management LLC bought a new stake in Canadian National Railway during the fourth quarter valued at about $436,000. Threadgill Financial LLC raised its stake in Canadian National Railway by 75.9% during the 4th quarter. Threadgill Financial LLC now owns 22,476 shares of the transportation company’s stock valued at $2,282,000 after purchasing an additional 9,701 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of Canadian National Railway by 12.6% in the fourth quarter. CIBC Asset Management Inc now owns 5,119,674 shares of the transportation company’s stock worth $519,843,000 after buying an additional 571,967 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Canadian National Railway by 26.5% during the 4th quarter. Blue Trust Inc. now owns 1,646 shares of the transportation company’s stock valued at $167,000 after purchasing an additional 345 shares during the last quarter. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a dividend of $0.6159 per share. The ex-dividend date was Monday, March 10th. This represents a $2.46 annualized dividend and a dividend yield of 2.52%. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.61. Canadian National Railway’s dividend payout ratio (DPR) is 47.66%.

About Canadian National Railway

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.