Barclays Issues Positive Forecast for Canadian National Railway (NYSE:CNI) Stock Price

Canadian National Railway (NYSE:CNI) (TSE:CNR) had its price target boosted by Barclays from $109.00 to $130.00 in a report released on Monday,Benzinga reports. The brokerage currently has an equal weight rating on the transportation company’s stock.

Other equities analysts have also issued reports about the company. Susquehanna reaffirmed a “neutral” rating and issued a $140.00 target price (up from $138.00) on shares of Canadian National Railway in a research report on Tuesday, July 14th. Stephens upgraded shares of Canadian National Railway to a “hold” rating in a research note on Wednesday, July 8th. Royal Bank Of Canada upped their price target on shares of Canadian National Railway from $160.00 to $178.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Bank of America increased their price objective on shares of Canadian National Railway from $132.00 to $134.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Sanford C. Bernstein raised their price objective on shares of Canadian National Railway from $113.88 to $117.36 and gave the stock a “market perform” rating in a report on Tuesday, March 31st. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $137.40.

Canadian National Railway Trading Down 0.4%

NYSE:CNI opened at $128.90 on Monday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.49 and a current ratio of 0.67. Canadian National Railway has a one year low of $90.74 and a one year high of $131.55. The business’s 50-day simple moving average is $120.48 and its 200 day simple moving average is $110.92. The stock has a market cap of $78.12 billion, a price-to-earnings ratio of 22.85, a price-to-earnings-growth ratio of 2.47 and a beta of 0.96.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Canadian National Railway had a return on equity of 22.33% and a net margin of 26.92%.The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the prior year, the business posted $1.87 earnings per share. Canadian National Railway’s revenue for the quarter was up 11.3% on a year-over-year basis. As a group, sell-side analysts predict that Canadian National Railway will post 5.67 earnings per share for the current fiscal year.

Canadian National Railway Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.915 per share. This represents a $3.66 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Canadian National Railway’s dividend payout ratio (DPR) is currently 48.55%.

Institutional Investors Weigh In On Canadian National Railway

A number of institutional investors have recently made changes to their positions in the company. High Point Wealth Management LLC bought a new position in Canadian National Railway during the fourth quarter worth $27,000. Curio Wealth LLC acquired a new stake in shares of Canadian National Railway during the 4th quarter worth approximately $31,000. MidFirst Bank bought a new stake in shares of Canadian National Railway in the 4th quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd boosted its position in Canadian National Railway by 378.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 280 shares during the period. Finally, MBM Wealth Consultants LLC acquired a new position in Canadian National Railway during the 1st quarter valued at approximately $37,000. 80.74% of the stock is currently owned by institutional investors.

Key Headlines Impacting Canadian National Railway

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: Canadian National reported a second-quarter earnings beat, helped by stronger grain and energy volumes that lifted revenue. The company also raised its 2026 outlook, providing a positive signal about freight demand and future earnings potential. Higher fuel costs pressured efficiency, however. Canadian National Q2 Earnings Beat on Grain and Energy Volume Growth
• Positive Sentiment: Royal Bank of Canada raised its price target on CNI to $205 from $195 and maintained an “outperform” rating, indicating substantial expected upside based on its assessment of the railroad’s earnings and operating outlook. Royal Bank of Canada analyst update
• Positive Sentiment: Wells Fargo increased its price target to $145 from $135 and kept an “overweight” rating, reflecting growing confidence in CNI’s business prospects. Wells Fargo analyst update
• Neutral Sentiment: Barclays raised its target to $130 from $109 but retained an “equal weight” rating. The revised target offers limited upside, suggesting the firm sees the shares as broadly fairly valued. Barclays analyst update
• Neutral Sentiment: Analysts collectively assign Canadian National Railway an average “Moderate Buy” rating, indicating constructive but not universally bullish sentiment. Canadian National Railway Receives Moderate Buy Rating
• Negative Sentiment: Higher fuel costs are weighing on efficiency, while the shares’ strong recent run and premium valuation may be encouraging some investors to take profits even after the earnings beat.

Canadian National Railway Company Profile

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.