Atb Cap Markets Issues Pessimistic Forecast for CNI Earnings

Canadian National Railway (NYSE:CNI - Free Report) TSE: CNR - Stock analysts at Atb Cap Markets reduced their Q1 2025 earnings per share estimates for shares of Canadian National Railway in a report issued on Tuesday, October 22nd. Atb Cap Markets analyst C. Murray now anticipates that the transportation company will post earnings of $1.35 per share for the quarter, down from their previous estimate 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.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last released its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. Canadian National Railway had a net margin of 31.65% and a return on equity of 23.49%. The company had revenue of $4.11 billion for the quarter, compared to analysts' expectations of $4.08 billion. During the same period last year, the company earned $1.26 EPS. The firm's revenue for the quarter was up 3.1% compared to the same quarter last year.

CNI has been the topic of a number of other reports. Bank of America lowered Canadian National Railway from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $129.00 to $122.00 in a research report on Friday, October 4th. The Goldman Sachs Group lowered their price objective on Canadian National Railway from $131.00 to $124.00 and set a "sell" rating for the company in a research note on Wednesday, October 9th. Benchmark reaffirmed a "hold" rating on shares of Canadian National Railway in a research note on Thursday. Veritas upgraded shares of Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Finally, Wells Fargo & Company raised shares of Canadian National Railway from an "equal weight" rating to an "overweight" rating and set a $125.00 price target for the company in a report on Monday, October 7th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $125.18.

Canadian National Railway Trading Up 0.1 %

Shares of NYSE CNI traded up $0.14 during midday trading on Friday, hitting $110.96. The stock had a trading volume of 1,099,194 shares, compared to its average volume of 1,114,600. The company has a fifty day moving average price of $115.97 and a 200 day moving average price of $119.66. Canadian National Railway has a 1-year low of $103.96 and a 1-year high of $134.02. The company has a quick ratio of 0.48, a current ratio of 0.63 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $69.88 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 2.50 and a beta of 0.88.

Institutional Investors Weigh In On Canadian National Railway

A number of institutional investors have recently added to or reduced their stakes in CNI. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Canadian National Railway in the 2nd quarter valued at $26,000. GAMMA Investing LLC raised its stake in shares of Canadian National Railway by 766.7% in the first quarter. GAMMA Investing LLC now owns 234 shares of the transportation company's stock worth $31,000 after purchasing an additional 207 shares during the last quarter. Addison Advisors LLC raised its holdings in shares of Canadian National Railway by 159.1% in the second quarter. Addison Advisors LLC now owns 241 shares of the transportation company's stock valued at $28,000 after purchasing an additional 148 shares during the last quarter. Fortitude Family Office LLC boosted its position in Canadian National Railway by 738.7% in the third quarter. Fortitude Family Office LLC now owns 260 shares of the transportation company's stock worth $30,000 after purchasing an additional 229 shares during the last quarter. Finally, ORG Partners LLC purchased a new position in Canadian National Railway in the second quarter valued at about $34,000. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 9th will be paid a $0.6108 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Monday, December 9th. Canadian National Railway's payout ratio is 39.26%.

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.