Q3 EPS Estimate for Canadian National Railway Cut by Analyst

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Equities research analysts at Raymond James Financial cut their Q3 2025 earnings estimates for Canadian National Railway in a report released on Wednesday, July 23rd. Raymond James Financial analyst S. Hansen now expects that the transportation company will post earnings per share of $1.37 for the quarter, down from their previous forecast of $1.39. Raymond James Financial has a “Outperform” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Raymond James Financial also issued estimates for Canadian National Railway’s Q4 2025 earnings at $1.56 EPS and FY2026 earnings at $6.36 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.02). The business had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $4.34 billion. Canadian National Railway had a net margin of 26.63% and a return on equity of 21.71%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 earnings per share.

Several other brokerages have also issued reports on CNI. Evercore ISI lowered shares of Canadian National Railway from an “outperform” rating to an “in-line” rating and set a $105.00 price objective on the stock. in a report on Wednesday. Wells Fargo & Company cut their price target on shares of Canadian National Railway from $120.00 to $117.00 and set an “overweight” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Canadian National Railway in a report on Wednesday. Barclays cut their price target on shares of Canadian National Railway from $106.00 to $99.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Bank of America lifted their price target on shares of Canadian National Railway from $105.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, May 16th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $118.36.

Canadian National Railway Stock Performance

Shares of CNI stock opened at $95.87 on Friday. The firm has a market cap of $60.06 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 2.12 and a beta of 0.97. The company’s 50 day moving average is $103.72 and its 200 day moving average is $101.49. The company has a quick ratio of 0.43, a current ratio of 0.82 and a debt-to-equity ratio of 0.90. Canadian National Railway has a 52-week low of $91.65 and a 52-week high of $121.12.

Canadian National Railway Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Shell Asset Management Co. increased its holdings in Canadian National Railway by 0.5% in the fourth quarter. Shell Asset Management Co. now owns 21,387 shares of the transportation company’s stock valued at $2,171,000 after buying an additional 100 shares in the last quarter. Bennett Selby Investments LP increased its stake in shares of Canadian National Railway by 2.2% during the second quarter. Bennett Selby Investments LP now owns 4,796 shares of the transportation company’s stock worth $499,000 after purchasing an additional 101 shares in the last quarter. Bruce G. Allen Investments LLC increased its stake in shares of Canadian National Railway by 44.2% during the first 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 in the last quarter. Heartland Advisors Inc. increased its stake in shares of Canadian National Railway by 0.9% during the first quarter. Heartland Advisors Inc. now owns 12,293 shares of the transportation company’s stock worth $1,198,000 after purchasing an additional 108 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Canadian National Railway by 1.4% during the fourth quarter. Voya Investment Management LLC now owns 7,953 shares of the transportation company’s stock worth $807,000 after purchasing an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 80.74% of the company’s stock.

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.