Raymond James Issues Pessimistic Forecast for CNI Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Stock analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for shares of Canadian National Railway in a report released on Monday, January 27th. Raymond James analyst S. Hansen now anticipates that the transportation company will post earnings of $5.45 per share for the year, down from their previous estimate of $5.98. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.15 per share.

A number of other research firms have also recently commented on CNI. Susquehanna dropped their price target on shares of Canadian National Railway from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Royal Bank of Canada restated an “outperform” rating and set a $174.00 target price on shares of Canadian National Railway in a research report on Friday, January 10th. Citigroup upgraded Canadian National Railway from a “neutral” rating to a “buy” rating and increased their price target for the stock from $126.00 to $130.00 in a report on Tuesday, November 12th. Barclays dropped their price objective on Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Evercore ISI upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seven have issued a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $124.02.

Canadian National Railway Stock Up 0.4 %

Shares of CNI opened at $105.51 on Thursday. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average of $104.72 and a 200 day moving average of $111.16. The company has a market cap of $66.35 billion, a PE ratio of 16.91, a P/E/G ratio of 2.36 and a beta of 0.91. Canadian National Railway has a 52-week low of $98.96 and a 52-week high of $134.02.

Hedge Funds Weigh In On Canadian National Railway

Institutional investors have recently bought and sold shares of the business. Grove Bank & Trust raised its holdings in Canadian National Railway by 15.3% in the third quarter. Grove Bank & Trust now owns 730 shares of the transportation company’s stock worth $86,000 after purchasing an additional 97 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Canadian National Railway by 48.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 332 shares of the transportation company’s stock worth $34,000 after acquiring an additional 108 shares in the last quarter. Catalytic Wealth RIA LLC lifted its position in Canadian National Railway by 2.3% during the third quarter. Catalytic Wealth RIA LLC now owns 5,582 shares of the transportation company’s stock valued at $654,000 after acquiring an additional 123 shares during the last quarter. Harrington Investments INC boosted its stake in Canadian National Railway by 0.6% in the third quarter. Harrington Investments INC now owns 20,346 shares of the transportation company’s stock valued at $2,384,000 after acquiring an additional 130 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its holdings in Canadian National Railway by 3.2% in the third quarter. Koshinski Asset Management Inc. now owns 4,375 shares of the transportation company’s stock worth $513,000 after purchasing an additional 135 shares during the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

Canadian National Railway Company Profile

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.