Wall Street brokerages expect Canadian National Railway (NYSE:CNI) (TSE:CNR) to announce earnings per share (EPS) of $0.92 for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Canadian National Railway’s earnings, with the lowest EPS estimate coming in at $0.85 and the highest estimate coming in at $0.98. Canadian National Railway reported earnings per share of $0.79 during the same quarter last year, which would suggest a positive year-over-year growth rate of 16.5%. The company is scheduled to issue its next quarterly earnings results after the market closes on Monday, April 29th.

On average, analysts expect that Canadian National Railway will report full year earnings of $4.69 per share for the current year, with EPS estimates ranging from $4.58 to $4.82. For the next financial year, analysts forecast that the company will post earnings of $5.23 per share, with EPS estimates ranging from $5.07 to $5.38. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Canadian National Railway.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings data on Tuesday, January 29th. The transportation company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.38. Canadian National Railway had a net margin of 30.19% and a return on equity of 23.28%. The firm had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.80 billion. During the same quarter in the previous year, the business posted $1.20 EPS. The firm’s revenue was up 15.9% compared to the same quarter last year.

A number of equities analysts have commented on CNI shares. Barclays reiterated a “hold” rating and issued a $86.00 price objective on shares of Canadian National Railway in a report on Thursday, January 17th. BMO Capital Markets reiterated a “hold” rating on shares of Canadian National Railway in a report on Sunday, December 16th. Stephens upgraded shares of Canadian National Railway from an “equal weight” rating to an “overweight” rating in a report on Thursday, January 3rd. National Bank Financial reiterated a “hold” rating on shares of Canadian National Railway in a report on Thursday, March 28th. Finally, Macquarie lowered shares of Canadian National Railway from an “outperform” rating to a “neutral” rating in a report on Wednesday, January 30th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Canadian National Railway has an average rating of “Hold” and a consensus target price of $93.60.

Shares of CNI stock opened at $90.53 on Tuesday. Canadian National Railway has a 12 month low of $70.36 and a 12 month high of $91.90. The company has a current ratio of 0.78, a quick ratio of 0.62 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $65.39 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 1.80 and a beta of 1.07.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 8th were paid a dividend of $0.4026 per share. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.61 annualized dividend and a yield of 1.78%. Canadian National Railway’s dividend payout ratio is 38.46%.

A number of hedge funds and other institutional investors have recently bought and sold shares of CNI. Sontag Advisory LLC bought a new position in Canadian National Railway in the 4th quarter worth about $26,000. Intercontinental Wealth Advisors LLC bought a new stake in Canadian National Railway during the fourth quarter worth approximately $30,000. Bremer Trust National Association bought a new stake in Canadian National Railway during the fourth quarter worth approximately $42,000. Truehand Inc bought a new stake in Canadian National Railway during the fourth quarter worth approximately $44,000. Finally, Contravisory Investment Management Inc. bought a new stake in Canadian National Railway during the fourth quarter worth approximately $45,000. Hedge funds and other institutional investors own 55.06% of the company’s stock.

About Canadian National Railway

Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.

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