Atb Cap Markets Brokers Decrease Earnings Estimates for CNI

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Analysts at Atb Cap Markets lowered their Q1 2025 earnings estimates for Canadian National Railway in a report released on Tuesday, October 22nd. Atb Cap Markets analyst C. Murray now expects that the transportation company will earn $1.35 per share for the quarter, down from their prior 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.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $4.08 billion. During the same quarter last year, the business posted $1.26 EPS. The company’s revenue for the quarter was up 3.1% on a year-over-year basis.

Several other equities research analysts have also issued reports on CNI. Susquehanna reduced their price target on Canadian National Railway from $130.00 to $125.00 and set a “neutral” rating for the company in a report on Wednesday. Benchmark restated a “hold” rating on shares of Canadian National Railway in a research note on Thursday. Sanford C. Bernstein cut their price target on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating on the stock in a report on Wednesday, October 9th. Royal Bank of Canada upgraded shares of Canadian National Railway from a “sector perform” rating to an “outperform” rating in a report on Thursday, October 10th. Finally, Stifel Nicolaus raised their target price on Canadian National Railway from $130.00 to $132.00 and gave the company a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $125.18.

Canadian National Railway Price Performance

CNI opened at $110.97 on Friday. The stock has a fifty day moving average price of $115.93 and a 200 day moving average price of $119.53. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.93. Canadian National Railway has a 1 year low of $103.96 and a 1 year high of $134.02. The stock has a market cap of $70.18 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 2.50 and a beta of 0.88.

Hedge Funds Weigh In On Canadian National Railway

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its holdings in shares of Canadian National Railway by 766.7% during the 1st 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 period. Ballentine Partners LLC bought a new stake in shares of Canadian National Railway in the 1st quarter worth approximately $203,000. Sunbelt Securities Inc. lifted its position in shares of Canadian National Railway by 6.6% in the 1st quarter. Sunbelt Securities Inc. now owns 3,161 shares of the transportation company’s stock worth $416,000 after acquiring an additional 197 shares during the period. Courier Capital LLC acquired a new stake in shares of Canadian National Railway during the 1st quarter worth approximately $201,000. Finally, Kathmere Capital Management LLC increased its position in shares of Canadian National Railway by 45.9% during the first quarter. Kathmere Capital Management LLC now owns 10,836 shares of the transportation company’s stock valued at $1,427,000 after purchasing an additional 3,411 shares during the period. Institutional investors own 80.74% of the company’s stock.

Canadian National Railway Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be given a $0.6108 dividend. This represents a $2.44 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Monday, December 9th. Canadian National Railway’s dividend payout ratio is currently 39.71%.

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.