Q1 Earnings Estimate for CNI Issued By Desjardins

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Desjardins issued their Q1 2025 earnings per share estimates for shares of Canadian National Railway in a report released on Thursday, January 30th. Desjardins analyst B. Poirier forecasts that the transportation company will earn $1.25 per share for the quarter. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share. Desjardins also issued estimates for Canadian National Railway’s Q2 2025 earnings at $1.37 EPS, Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.47 EPS, FY2025 earnings at $5.46 EPS, FY2026 earnings at $6.08 EPS, FY2027 earnings at $6.67 EPS and FY2028 earnings at $7.32 EPS.

Several other brokerages also recently weighed in on CNI. Benchmark restated a “hold” rating on shares of Canadian National Railway in a research note on Thursday, October 24th. Susquehanna decreased their target price on Canadian National Railway from $125.00 to $115.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Bank of America decreased their target price on Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Veritas upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd. Finally, Barclays reduced their price objective on Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have given a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $124.19.

Canadian National Railway Price Performance

Shares of NYSE:CNI opened at $101.79 on Monday. The business has a 50 day moving average price of $104.22 and a 200 day moving average price of $110.63. Canadian National Railway has a twelve month low of $98.69 and a twelve month high of $134.02. The company has a market cap of $64.01 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 2.47 and a beta of 0.91. The company has a quick ratio of 0.48, a current ratio of 0.66 and a debt-to-equity ratio of 0.94.

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 (EPS) 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%.

Institutional Investors Weigh In On Canadian National Railway

A number of hedge funds and other institutional investors have recently bought and sold shares of CNI. Wellington Management Group LLP boosted its position in shares of Canadian National Railway by 4.4% in the 3rd quarter. Wellington Management Group LLP now owns 18,562,189 shares of the transportation company’s stock worth $2,175,935,000 after purchasing an additional 790,420 shares during the last quarter. National Bank of Canada FI increased its position in shares of Canadian National Railway by 46.5% in the third quarter. National Bank of Canada FI now owns 6,737,322 shares of the transportation company’s stock valued at $789,030,000 after acquiring an additional 2,137,948 shares during the last quarter. Fiera Capital Corp increased its position in shares of Canadian National Railway by 2.6% in the fourth quarter. Fiera Capital Corp now owns 5,624,594 shares of the transportation company’s stock valued at $570,550,000 after acquiring an additional 142,070 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Canadian National Railway by 12.6% in the fourth quarter. CIBC Asset Management Inc now owns 5,119,674 shares of the transportation company’s stock valued at $519,843,000 after acquiring an additional 571,967 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its position in Canadian National Railway by 5.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,962,972 shares of the transportation company’s stock worth $464,002,000 after buying an additional 202,303 shares during the last quarter. 80.74% of the stock is owned by institutional investors and hedge funds.

Canadian National Railway Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be issued a dividend of $0.6159 per share. This represents a $2.46 dividend on an annualized basis and a yield of 2.42%. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.61. The ex-dividend date is Monday, March 10th. Canadian National Railway’s dividend payout ratio (DPR) is currently 48.05%.

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.