What is Zacks Research’s Estimate for CNI Q1 Earnings?

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Equities research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for Canadian National Railway in a research report issued on Friday, February 13th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $1.30 for the quarter, down from their prior estimate of $1.37. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Zacks Research also issued estimates for Canadian National Railway’s Q2 2026 earnings at $1.40 EPS, Q3 2026 earnings at $1.43 EPS, FY2026 earnings at $5.67 EPS and FY2028 earnings at $6.91 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings data on Friday, January 30th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.06. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $4.43 billion. Canadian National Railway had a return on equity of 22.14% and a net margin of 27.28%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.82 EPS.

Other analysts have also issued research reports about the stock. Susquehanna lifted their price objective on shares of Canadian National Railway from $115.00 to $116.00 and gave the stock a “positive” rating in a research report on Monday, November 3rd. UBS Group downgraded Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. BMO Capital Markets restated an “outperform” rating on shares of Canadian National Railway in a research note on Monday, February 2nd. Barclays dropped their price target on Canadian National Railway from $140.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Monday, February 2nd. Finally, Royal Bank Of Canada decreased their price objective on Canadian National Railway from $153.00 to $151.00 and set an “outperform” rating for the company in a report on Monday, February 2nd. Ten equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $118.91.

Canadian National Railway Price Performance

Shares of NYSE:CNI opened at $107.55 on Monday. The company has a market capitalization of $65.94 billion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 2.26 and a beta of 0.94. The company’s 50-day moving average is $99.48 and its 200 day moving average is $96.46. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.47 and a current ratio of 0.67. Canadian National Railway has a fifty-two week low of $90.74 and a fifty-two week high of $108.75.

Canadian National Railway Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be issued a dividend of $0.915 per share. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $3.66 dividend on an annualized basis and a yield of 3.4%. Canadian National Railway’s payout ratio is currently 46.59%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CNI. Vanguard Group Inc. boosted its position in shares of Canadian National Railway by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 24,646,922 shares of the transportation company’s stock valued at $2,437,679,000 after acquiring an additional 346,670 shares during the period. Bank of Montreal Can grew its position in shares of Canadian National Railway by 0.3% during the 3rd quarter. Bank of Montreal Can now owns 14,201,675 shares of the transportation company’s stock valued at $1,338,948,000 after purchasing an additional 42,907 shares in the last quarter. Caisse de depot et placement du Quebec increased its holdings in shares of Canadian National Railway by 1.1% in the third quarter. Caisse de depot et placement du Quebec now owns 13,894,922 shares of the transportation company’s stock worth $1,310,600,000 after purchasing an additional 157,000 shares during the period. Deutsche Bank AG raised its position in shares of Canadian National Railway by 15.1% in the fourth quarter. Deutsche Bank AG now owns 8,998,101 shares of the transportation company’s stock worth $889,462,000 after buying an additional 1,182,106 shares in the last quarter. Finally, Lazard Asset Management LLC raised its position in shares of Canadian National Railway by 639,137.0% in the third quarter. Lazard Asset Management LLC now owns 8,955,711 shares of the transportation company’s stock worth $844,353,000 after buying an additional 8,954,310 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 (NYSE: CNI) is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.

CN’s core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.