Q1 Earnings Forecast for CNI Issued By Desjardins

Canadian National Railway (NYSE:CNI - Free Report) TSE: CNR - Research analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of Canadian National Railway in a report issued on Thursday, January 30th. Desjardins analyst B. Poirier expects that the transportation company will post earnings of $1.25 per share for the quarter. The consensus estimate for Canadian National Railway's current full-year earnings is $5.52 per share. Desjardins also issued estimates for Canadian National Railway's Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.47 EPS, FY2025 earnings at $5.46 EPS, FY2026 earnings at $6.08 EPS, FY2027 earnings at $6.67 EPS and FY2028 earnings at $7.32 EPS.

Several other analysts also recently issued reports on the company. Veritas upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 23rd. TD Securities raised Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 13th. Barclays dropped their price target on shares of Canadian National Railway from $121.00 to $112.00 and set an "equal weight" rating on the stock in a research report on Friday, January 17th. Evercore ISI upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 19th. Finally, Royal Bank of Canada cut 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. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $124.19.

Canadian National Railway Stock Down 0.6 %

NYSE:CNI traded down $0.65 during trading hours on Monday, reaching $103.29. The company's stock had a trading volume of 944,232 shares, compared to its average volume of 1,379,189. Canadian National Railway has a one year low of $98.69 and a one year high of $134.02. The business's 50-day moving average is $103.92 and its 200-day moving average is $110.45. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.66 and a quick ratio of 0.48. The company has a market cap of $64.95 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 2.47 and a beta of 0.91.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last posted its earnings results 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 return on equity of 22.48% and a net margin of 26.09%.

Hedge Funds Weigh In On Canadian National Railway

Hedge funds and other institutional investors have recently made changes to their positions in the business. XTX Topco Ltd boosted its holdings in Canadian National Railway by 43.3% during the third quarter. XTX Topco Ltd now owns 15,552 shares of the transportation company's stock valued at $1,822,000 after purchasing an additional 4,698 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Canadian National Railway by 29.6% in the 3rd quarter. Principal Financial Group Inc. now owns 92,300 shares of the transportation company's stock valued at $10,820,000 after buying an additional 21,100 shares in the last quarter. Unigestion Holding SA grew its position in Canadian National Railway by 363.6% in the third quarter. Unigestion Holding SA now owns 153,880 shares of the transportation company's stock valued at $18,012,000 after acquiring an additional 120,687 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its stake in Canadian National Railway by 5.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,962,972 shares of the transportation company's stock worth $464,002,000 after acquiring an additional 202,303 shares in the last quarter. Finally, Partners Group Holding AG lifted its holdings in shares of Canadian National Railway by 16.3% during the third quarter. Partners Group Holding AG now owns 406,066 shares of the transportation company's stock valued at $47,571,000 after acquiring an additional 56,849 shares during the period. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders 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 of this dividend is Monday, March 10th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 2.38%. Canadian National Railway's dividend payout ratio is currently 46.68%.

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.