National Bank Financial Predicts TSE:CNR Q3 Earnings

Canadian National Railway (TSE:CNR) (NYSE:CNI) – Research analysts at National Bank Financial dropped their Q3 2025 EPS estimates for Canadian National Railway in a research note issued to investors on Wednesday, September 17th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $1.79 per share for the quarter, down from their prior forecast of $1.83. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. National Bank Financial also issued estimates for Canadian National Railway’s Q4 2025 earnings at $2.05 EPS, FY2025 earnings at $7.56 EPS, FY2026 earnings at $8.10 EPS and FY2027 earnings at $8.85 EPS.

A number of other equities research analysts have also recently weighed in on CNR. Royal Bank Of Canada cut their price objective on shares of Canadian National Railway from C$161.00 to C$157.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 23rd. Barclays lowered their target price on Canadian National Railway from C$145.00 to C$135.00 in a report on Wednesday, July 23rd. TD Securities lowered their target price on Canadian National Railway from C$168.00 to C$165.00 and set a “buy” rating on the stock in a report on Wednesday, July 23rd. National Bankshares lowered Canadian National Railway from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$170.00 to C$150.00 in a report on Wednesday, July 23rd. Finally, Evercore ISI lowered Canadian National Railway from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$155.79.

Canadian National Railway Price Performance

Shares of TSE CNR opened at C$128.66 on Friday. Canadian National Railway has a fifty-two week low of C$126.11 and a fifty-two week high of C$161.06. The firm’s 50-day simple moving average is C$131.70 and its 200 day simple moving average is C$137.81. The company has a quick ratio of 0.58, a current ratio of 0.64 and a debt-to-equity ratio of 107.59. The stock has a market cap of C$80.31 billion, a P/E ratio of 17.75, a P/E/G ratio of 3.38 and a beta of 0.93.

Canadian National Railway Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 29th will be issued a dividend of $0.8875 per share. This represents a $3.55 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, September 8th. Canadian National Railway’s payout ratio is currently 47.79%.

Insider Activity

In related news, Director Shauneen Elizabeth Bruder bought 7,600 shares of Canadian National Railway stock in a transaction that occurred on Thursday, July 24th. The stock was purchased at an average cost of C$131.40 per share, for a total transaction of C$998,624.04. Also, Director Susan C. Jones bought 1,520 shares of Canadian National Railway stock in a transaction that occurred on Thursday, July 24th. The stock was bought at an average price of C$130.96 per share, with a total value of C$199,065.28. Over the last quarter, insiders have bought 9,747 shares of company stock valued at $1,285,138. 2.64% of the stock is owned by corporate insiders.

About Canadian National Railway

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).