National Bank Financial Weighs in on TSE:CNR Q3 Earnings

Canadian National Railway (TSE:CNR) (NYSE:CNI) – National Bank Financial raised their Q3 2025 earnings per share (EPS) estimates for Canadian National Railway in a note issued to investors on Wednesday, April 2nd. National Bank Financial analyst C. Doerksen now forecasts that the company will post earnings per share of $2.02 for the quarter, up from their prior forecast of $1.99. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. National Bank Financial also issued estimates for Canadian National Railway’s Q3 2025 earnings at $2.02 EPS, FY2025 earnings at $7.81 EPS, FY2025 earnings at $7.81 EPS, FY2026 earnings at $8.51 EPS and FY2026 earnings at $8.51 EPS.

Other analysts have also recently issued research reports about the stock. CIBC decreased their price target on shares of Canadian National Railway from C$162.00 to C$157.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 25th. Evercore ISI upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 19th. TD Securities upgraded Canadian National Railway from a “hold” rating to a “buy” rating and cut their price target for the company from C$175.00 to C$170.00 in a report on Monday, January 13th. National Bankshares reduced their price objective on Canadian National Railway from C$176.00 to C$170.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, JPMorgan Chase & Co. reiterated an “outperform” rating on shares of Canadian National Railway in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$167.29.

Canadian National Railway Price Performance

CNR stock opened at C$137.37 on Friday. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. The company’s fifty day moving average price is C$143.93 and its 200-day moving average price is C$149.63. Canadian National Railway has a one year low of C$135.06 and a one year high of C$180.12. The company has a market capitalization of C$86.07 billion, a PE ratio of 14.85, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.

Insiders Place Their Bets

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 645 shares of the business’s stock in a transaction on Wednesday, March 26th. The shares were bought at an average price of C$141.56 per share, with a total value of C$91,308.14. 2.64% of the stock is owned by insiders.

About Canadian National Railway

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).