National Bank Financial Forecasts CNI FY2025 Earnings

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Equities researchers at National Bank Financial dropped their FY2025 earnings per share estimates for Canadian National Railway in a research report issued to clients and investors on Tuesday, July 22nd. National Bank Financial analyst C. Doerksen now forecasts that the transportation company will earn $5.58 per share for the year, down from their prior estimate of $5.65. 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 FY2026 earnings at $6.07 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings results on Tuesday, July 22nd. The transportation company reported $1.35 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the previous year, the company posted $1.84 earnings per share. Canadian National Railway’s quarterly revenue was down 1.3% on a year-over-year basis.

A number of other equities analysts have also commented on the company. Royal Bank Of Canada dropped their price target on Canadian National Railway from $161.00 to $157.00 and set an “outperform” rating for the company in a research note on Wednesday. Citigroup lowered their price objective on Canadian National Railway from $124.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, July 9th. Evercore ISI lowered 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. Jefferies Financial Group lowered their price objective on Canadian National Railway from $120.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Finally, Bank of America raised their price objective on Canadian National Railway from $105.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Canadian National Railway has a consensus rating of “Hold” and a consensus target price of $118.36.

Canadian National Railway Price Performance

Shares of Canadian National Railway stock opened at $95.87 on Friday. The stock has a 50 day moving average of $103.72 and a 200 day moving average of $101.49. Canadian National Railway has a 12 month low of $91.65 and a 12 month high of $121.12. The firm has a market cap of $60.06 billion, a PE ratio of 18.44, a PEG ratio of 2.12 and a beta of 0.97. The company has a current ratio of 0.82, a quick ratio of 0.43 and a debt-to-equity ratio of 0.90.

Canadian National Railway Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 8th will be issued a $0.6507 dividend. This represents a $2.60 annualized dividend and a dividend yield of 2.71%. This is an increase from Canadian National Railway’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Monday, September 8th. Canadian National Railway’s dividend payout ratio is presently 50.49%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Dagco Inc. purchased a new position in Canadian National Railway during the 1st quarter worth $32,000. Bruce G. Allen Investments LLC increased its holdings in Canadian National Railway by 44.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 346 shares of the transportation company’s stock worth $34,000 after purchasing an additional 106 shares during the period. CX Institutional purchased a new position in Canadian National Railway during the 1st quarter worth $39,000. Brooklyn Investment Group increased its holdings in Canadian National Railway by 354.3% during the 1st quarter. Brooklyn Investment Group now owns 427 shares of the transportation company’s stock worth $42,000 after purchasing an additional 333 shares during the period. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Canadian National Railway during the 4th quarter worth $52,000. 80.74% of the stock is currently owned by hedge funds and other institutional investors.

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.