Desjardins Brokers Decrease Earnings Estimates for CNI

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Desjardins dropped their Q4 2025 earnings estimates for shares of Canadian National Railway in a report released on Sunday, November 2nd. Desjardins analyst B. Poirier now expects that the transportation company will post earnings of $1.38 per share for the quarter, down from their previous estimate of $1.44. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Desjardins also issued estimates for Canadian National Railway’s FY2026 earnings at $5.71 EPS, FY2027 earnings at $6.36 EPS and FY2028 earnings at $7.02 EPS.

A number of other equities analysts have also recently issued reports on the stock. Evercore ISI upped their price objective on shares of Canadian National Railway from $98.00 to $103.00 and gave the stock an “in-line” rating in a research report on Monday. Zacks Research cut shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 23rd. Bank of America lowered their price objective on shares of Canadian National Railway from $106.00 to $102.00 and set a “neutral” rating for the company in a research report on Monday, September 29th. Citigroup increased their price target on Canadian National Railway from $119.00 to $120.00 and gave the company a “buy” rating in a research note on Monday. Finally, Wall Street Zen upgraded Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $114.00.

Canadian National Railway Price Performance

Shares of NYSE:CNI opened at $95.71 on Tuesday. The firm has a 50 day moving average of $95.01 and a 200-day moving average of $98.67. The stock has a market capitalization of $59.22 billion, a PE ratio of 18.41, a PEG ratio of 2.13 and a beta of 0.96. The company has a current ratio of 0.82, a quick ratio of 0.58 and a debt-to-equity ratio of 0.90. Canadian National Railway has a 12 month low of $91.07 and a 12 month high of $114.13.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Friday, October 31st. The transportation company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.05. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $4.15 billion. Canadian National Railway had a return on equity of 21.71% and a net margin of 26.63%.The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.72 earnings per share.

Canadian National Railway Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 9th will be given a $0.8875 dividend. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a $3.55 annualized dividend and a dividend yield of 3.7%. Canadian National Railway’s dividend payout ratio is 48.96%.

Institutional Investors Weigh In On Canadian National Railway

Large investors have recently bought and sold shares of the stock. Allianz Asset Management GmbH lifted its stake in shares of Canadian National Railway by 6.2% in the third quarter. Allianz Asset Management GmbH now owns 26,907 shares of the transportation company’s stock valued at $2,538,000 after buying an additional 1,577 shares in the last quarter. Callan Family Office LLC boosted its stake in Canadian National Railway by 6.6% during the 3rd quarter. Callan Family Office LLC now owns 5,656 shares of the transportation company’s stock valued at $533,000 after purchasing an additional 349 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Canadian National Railway by 23.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 9,376 shares of the transportation company’s stock valued at $872,000 after purchasing an additional 1,776 shares during the last quarter. Mediolanum International Funds Ltd boosted its stake in Canadian National Railway by 4.6% during the 3rd quarter. Mediolanum International Funds Ltd now owns 37,944 shares of the transportation company’s stock valued at $3,563,000 after purchasing an additional 1,682 shares during the last quarter. Finally, Welch & Forbes LLC boosted its stake in Canadian National Railway by 1.9% during the 3rd quarter. Welch & Forbes LLC now owns 18,998 shares of the transportation company’s stock valued at $1,792,000 after purchasing an additional 360 shares during the last quarter. 80.74% of the stock is currently owned by institutional investors and hedge funds.

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.