Canadian National Railway (TSE:CNR - Free Report) NYSE: CNI - Analysts at Atb Cap Markets reduced their FY2024 earnings estimates for shares of Canadian National Railway in a research report issued to clients and investors on Sunday, January 19th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings per share of $7.24 for the year, down from their prior estimate of $7.35. The consensus estimate for Canadian National Railway's current full-year earnings is $8.26 per share. Atb Cap Markets also issued estimates for Canadian National Railway's Q4 2024 earnings at $1.96 EPS, Q2 2025 earnings at $2.12 EPS, Q4 2025 earnings at $2.26 EPS, Q1 2026 earnings at $2.14 EPS, Q2 2026 earnings at $2.37 EPS, Q3 2026 earnings at $2.30 EPS and Q4 2026 earnings at $2.47 EPS.
Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reaffirmed an "outperform" rating on shares of Canadian National Railway in a research note on Tuesday, January 7th. Evercore ISI upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Thursday, December 19th. Veritas upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. Citigroup upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, November 12th. Finally, Barclays lowered their price objective on Canadian National Railway from C$162.00 to C$160.00 in a research note on Friday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, nine have issued a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$170.47.
Get Our Latest Research Report on CNR
Canadian National Railway Price Performance
CNR stock traded up C$0.40 during midday trading on Tuesday, hitting C$148.65. The company's stock had a trading volume of 1,257,281 shares, compared to its average volume of 959,481. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 107.62. Canadian National Railway has a 12 month low of C$143.18 and a 12 month high of C$181.34. The company has a 50 day moving average of C$149.70 and a two-hundred day moving average of C$155.04. The firm has a market capitalization of C$93.58 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.
Canadian National Railway (TSE:CNR - Get Free Report) NYSE: CNI last released its earnings results on Tuesday, October 22nd. The company reported C$1.72 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.73 by C($0.01). Canadian National Railway had a return on equity of 27.41% and a net margin of 32.02%. During the same period in the previous year, the firm posted $1.69 EPS.
Insider Transactions at Canadian National Railway
In other news, Senior Officer Ghislain Houle sold 5,741 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of C$150.82, for a total value of C$865,844.99. Also, Director David Lund Freeman purchased 1,000 shares of the stock in a transaction on Thursday, October 24th. The stock was acquired at an average cost of C$152.57 per share, for a total transaction of C$152,572.80. Over the last ninety days, insiders purchased 6,694 shares of company stock worth $1,005,958. Company insiders own 2.64% of the company's stock.
Canadian National Railway Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Canadian National Railway, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian National Railway wasn't on the list.
While Canadian National Railway currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
