Raymond James Issues Positive Outlook for CNI Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Raymond James upped their Q3 2025 earnings estimates for Canadian National Railway in a report released on Tuesday, April 22nd. Raymond James analyst S. Hansen now anticipates that the transportation company will post earnings per share of $1.38 for the quarter, up from their prior estimate of $1.34. Raymond James 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. Raymond James also issued estimates for Canadian National Railway’s Q4 2025 earnings at $1.50 EPS.

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

CNI has been the topic of several other research reports. Barclays dropped their price target on shares of Canadian National Railway from $112.00 to $104.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 2nd. Citigroup lowered their target price on shares of Canadian National Railway from $122.00 to $114.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada reduced their price objective on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating on the stock in a research report on Friday, January 31st. TD Securities upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 13th. Finally, Jefferies Financial Group reduced their target price on Canadian National Railway from $120.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have given a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $120.36.

Canadian National Railway Stock Up 0.2 %

Canadian National Railway stock opened at $97.76 on Wednesday. The firm has a market cap of $61.44 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93. Canadian National Railway has a 52 week low of $91.65 and a 52 week high of $130.60. The business’s 50-day moving average price is $98.74 and its 200 day moving average price is $104.03. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94.

Canadian National Railway Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 10th were given a $0.6159 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.46 dividend on an annualized basis and a yield of 2.52%. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.61. Canadian National Railway’s dividend payout ratio (DPR) is currently 47.66%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its holdings in Canadian National Railway by 57.8% in the first quarter. Creative Financial Designs Inc. ADV now owns 819 shares of the transportation company’s stock valued at $80,000 after purchasing an additional 300 shares in the last quarter. Value Partners Investments Inc. increased its holdings in shares of Canadian National Railway by 1,101.9% in the first quarter. Value Partners Investments Inc. now owns 553,290 shares of the transportation company’s stock valued at $53,897,000 after purchasing an additional 507,254 shares during the period. White Pine Investment CO raised its position in Canadian National Railway by 4.5% during the 1st quarter. White Pine Investment CO now owns 52,079 shares of the transportation company’s stock worth $5,076,000 after buying an additional 2,249 shares during the last quarter. Bessemer Group Inc. lifted its position in Canadian National Railway by 121.5% in the first quarter. Bessemer Group Inc. now owns 78,227 shares of the transportation company’s stock valued at $7,621,000 after purchasing an additional 42,907 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Canadian National Railway by 22.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 26,358 shares of the transportation company’s stock valued at $2,569,000 after buying an additional 4,904 shares during the period. Hedge funds and other institutional investors own 80.74% of the company’s stock.

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.