Atb Cap Markets Issues Negative Forecast for CNI Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Equities research analysts at Atb Cap Markets lowered their Q1 2025 EPS estimates for shares of Canadian National Railway in a report issued on Thursday, April 10th. Atb Cap Markets analyst C. Murray now expects that the transportation company will post earnings per share of $1.25 for the quarter, down from their prior forecast of $1.28. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share.

A number of other equities research analysts also recently commented on CNI. Stifel Nicolaus lowered their price target on shares of Canadian National Railway from $125.00 to $115.00 and set a “buy” rating for the company in a report on Monday. Wells Fargo & Company decreased their price objective on Canadian National Railway from $125.00 to $123.00 and set an “overweight” rating on the stock in a report on Monday, January 13th. Loop Capital lowered Canadian National Railway from a “hold” rating to a “sell” rating in a research note on Monday, February 3rd. Royal Bank of Canada decreased their price target on Canadian National Railway from $174.00 to $171.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Finally, Citigroup dropped their price objective on shares of Canadian National Railway from $122.00 to $114.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $120.36.

Canadian National Railway Trading Down 1.7 %

Canadian National Railway stock opened at $98.53 on Monday. The stock has a market cap of $61.92 billion, a PE ratio of 19.24, a P/E/G ratio of 1.95 and a beta of 0.93. The company has a current ratio of 0.66, a quick ratio of 0.48 and a debt-to-equity ratio of 0.94. The stock has a 50-day moving average price of $99.19 and a 200 day moving average price of $104.66. Canadian National Railway has a 52 week low of $91.65 and a 52 week high of $130.63.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last released its quarterly earnings results on Thursday, January 30th. The transportation company reported $1.30 earnings per share 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%.

Canadian National Railway Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were given a dividend of $0.6159 per share. The ex-dividend date was Monday, March 10th. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.61. This represents a $2.46 annualized dividend and a yield of 2.50%. Canadian National Railway’s payout ratio is 47.66%.

Institutional Trading of Canadian National Railway

Several large investors have recently bought and sold shares of CNI. Royal Bank of Canada grew its holdings in Canadian National Railway by 7.5% during the 4th quarter. Royal Bank of Canada now owns 27,757,038 shares of the transportation company’s stock valued at $2,817,616,000 after purchasing an additional 1,934,622 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Canadian National Railway by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 22,986,678 shares of the transportation company’s stock valued at $2,334,251,000 after acquiring an additional 101,228 shares in the last quarter. Capital International Investors grew its stake in shares of Canadian National Railway by 12.8% during the fourth quarter. Capital International Investors now owns 11,822,063 shares of the transportation company’s stock valued at $1,199,680,000 after acquiring an additional 1,341,133 shares in the last quarter. TD Asset Management Inc. increased its position in shares of Canadian National Railway by 2.7% during the fourth quarter. TD Asset Management Inc. now owns 11,768,500 shares of the transportation company’s stock worth $1,194,443,000 after acquiring an additional 309,210 shares during the last quarter. Finally, JARISLOWSKY FRASER Ltd lifted its stake in shares of Canadian National Railway by 4.8% in the fourth quarter. JARISLOWSKY FRASER Ltd now owns 9,159,075 shares of the transportation company’s stock worth $926,573,000 after acquiring an additional 422,078 shares in the last quarter. Institutional investors and hedge funds own 80.74% of the company’s stock.

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.