Atb Cap Markets Issues Negative Estimate for CNI Earnings

Canadian National Railway (NYSE:CNIFree Report) (TSE:CNR) – Research analysts at Atb Cap Markets reduced their Q1 2025 earnings estimates for shares of Canadian National Railway in a research note issued to investors on Thursday, January 30th. Atb Cap Markets analyst C. Murray now expects that the transportation company will post earnings per share of $1.28 for the quarter, down from their prior forecast of $1.29. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Atb Cap Markets also issued estimates for Canadian National Railway’s Q2 2025 earnings at $1.38 EPS, Q3 2025 earnings at $1.38 EPS, Q4 2025 earnings at $1.40 EPS, FY2025 earnings at $5.44 EPS, Q1 2026 earnings at $1.45 EPS, Q2 2026 earnings at $1.53 EPS, Q3 2026 earnings at $1.52 EPS, Q4 2026 earnings at $1.54 EPS and FY2026 earnings at $6.04 EPS.

Canadian National Railway (NYSE:CNIGet Free Report) (TSE:CNR) last released its earnings results on Thursday, January 30th. The transportation company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.09). Canadian National Railway had a return on equity of 22.48% and a net margin of 26.09%.

CNI has been the subject of a number of other reports. Royal Bank of Canada reduced their target price on shares of Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating for the company in a research report on Friday, January 31st. Sanford C. Bernstein lowered their target price on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating for the company in a research note on Wednesday, October 9th. Benchmark reaffirmed a “hold” rating on shares of Canadian National Railway in a research note on Thursday, October 24th. Evercore ISI raised shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th. Finally, Barclays decreased their price target on shares of Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $124.19.

Read Our Latest Report on Canadian National Railway

Canadian National Railway Stock Performance

NYSE:CNI opened at $101.79 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66. The company has a fifty day moving average of $104.22 and a two-hundred day moving average of $110.63. The stock has a market capitalization of $64.01 billion, a PE ratio of 19.88, a P/E/G ratio of 2.47 and a beta of 0.91. Canadian National Railway has a fifty-two week low of $98.69 and a fifty-two week high of $134.02.

Institutional Investors Weigh In On Canadian National Railway

Large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its position in shares of Canadian National Railway by 4.4% in the third quarter. Wellington Management Group LLP now owns 18,562,189 shares of the transportation company’s stock valued at $2,175,935,000 after acquiring an additional 790,420 shares during the period. National Bank of Canada FI raised its stake in shares of Canadian National Railway by 46.5% in the third quarter. National Bank of Canada FI now owns 6,737,322 shares of the transportation company’s stock valued at $789,030,000 after purchasing an additional 2,137,948 shares in the last quarter. Fiera Capital Corp raised its stake in shares of Canadian National Railway by 2.6% in the fourth quarter. Fiera Capital Corp now owns 5,624,594 shares of the transportation company’s stock valued at $570,550,000 after purchasing an additional 142,070 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of Canadian National Railway by 12.6% in the fourth quarter. CIBC Asset Management Inc now owns 5,119,674 shares of the transportation company’s stock valued at $519,843,000 after purchasing an additional 571,967 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Canadian National Railway by 5.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,962,972 shares of the transportation company’s stock valued at $464,002,000 after purchasing an additional 202,303 shares in the last quarter. Institutional investors own 80.74% of the company’s stock.

Canadian National Railway Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be paid a $0.6159 dividend. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.61. The ex-dividend date is Monday, March 10th. This represents a $2.46 annualized dividend and a dividend yield of 2.42%. Canadian National Railway’s payout ratio is presently 48.05%.

About Canadian National Railway

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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.

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Earnings History and Estimates for Canadian National Railway (NYSE:CNI)

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