Atb Cap Markets Issues Negative Outlook for CNI Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Research analysts at Atb Cap Markets reduced their Q1 2025 earnings per share estimates for Canadian National Railway in a report released on Tuesday, October 22nd. Atb Cap Markets analyst C. Murray now anticipates that the transportation company will earn $1.35 per share for the quarter, down from their previous forecast of $1.41. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.50 per share. Atb Cap Markets also issued estimates for Canadian National Railway’s Q2 2025 earnings at $1.47 EPS and FY2025 earnings at $5.92 EPS.

A number of other brokerages also recently weighed in on CNI. Benchmark reaffirmed a “hold” rating on shares of Canadian National Railway in a research report on Thursday. Susquehanna lowered their target price on Canadian National Railway from $130.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday. Citigroup raised their price target on Canadian National Railway from $125.00 to $126.00 and gave the stock a “neutral” rating in a report on Thursday. Stifel Nicolaus upped their price objective on Canadian National Railway from $130.00 to $132.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Sanford C. Bernstein cut their target price on Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating on the stock in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $125.18.

Canadian National Railway Stock Up 0.1 %

Shares of NYSE:CNI opened at $110.97 on Friday. The company’s fifty day moving average is $115.93 and its two-hundred day moving average is $119.53. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.48 and a current ratio of 0.63. Canadian National Railway has a 1-year low of $103.96 and a 1-year high of $134.02. The stock has a market capitalization of $70.18 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $4.11 billion for the quarter, compared to analyst estimates of $4.08 billion. Canadian National Railway had a return on equity of 23.49% and a net margin of 31.65%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 EPS.

Canadian National Railway Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a dividend of $0.6108 per share. The ex-dividend date is Monday, December 9th. This represents a $2.44 annualized dividend and a yield of 2.20%. Canadian National Railway’s payout ratio is 39.71%.

Hedge Funds Weigh In On Canadian National Railway

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CNI. Manning & Napier Advisors LLC bought a new position in shares of Canadian National Railway during the 2nd quarter valued at about $134,096,000. Koshinski Asset Management Inc. acquired a new position in Canadian National Railway in the first quarter worth approximately $627,000. Mediolanum International Funds Ltd bought a new position in shares of Canadian National Railway in the first quarter valued at $4,451,000. Sterling Investment Management LLC lifted its position in shares of Canadian National Railway by 17.2% during the 3rd quarter. Sterling Investment Management LLC now owns 36,279 shares of the transportation company’s stock valued at $4,250,000 after acquiring an additional 5,329 shares during the last quarter. Finally, Sumitomo Life Insurance Co. bought a new stake in shares of Canadian National Railway during the 2nd quarter worth $1,321,000. 80.74% of the stock is owned by institutional investors.

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.