Zacks Research Issues Pessimistic Estimate for CNI Earnings

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Zacks Research dropped their Q4 2026 earnings per share estimates for shares of Canadian National Railway in a note issued to investors on Friday, August 7th. Zacks Research analyst Team now anticipates that the transportation company will post earnings of $1.55 per share for the quarter, down from their prior estimate of $1.57. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.80 per share. Zacks Research also issued estimates for Canadian National Railway’s Q2 2027 earnings at $1.57 EPS, Q3 2027 earnings at $1.60 EPS, Q1 2028 earnings at $1.66 EPS, Q2 2028 earnings at $1.63 EPS and FY2028 earnings at $6.98 EPS.

Other research analysts have also issued research reports about the company. Royal Bank Of Canada upped their price target on Canadian National Railway from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Citizens Jmp assumed coverage on Canadian National Railway in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Evercore raised Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 price target for the company in a research note on Thursday, June 25th. Wells Fargo & Company lifted their price target on shares of Canadian National Railway from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Finally, Bank of America boosted their price objective on shares of Canadian National Railway from $132.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Eight research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $137.40.

Canadian National Railway Trading Down 1.2%

Shares of CNI stock opened at $125.06 on Tuesday. The stock has a market capitalization of $75.79 billion, a PE ratio of 22.17, a P/E/G ratio of 2.36 and a beta of 0.95. Canadian National Railway has a 1-year low of $90.74 and a 1-year high of $131.55. The business has a 50-day moving average of $122.67 and a 200 day moving average of $112.94. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.87 and a quick ratio of 0.61.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings data on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.11. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.22%. Canadian National Railway’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.87 earnings per share.

Canadian National Railway Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.915 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 annualized dividend and a dividend yield of 2.9%. Canadian National Railway’s dividend payout ratio is presently 47.34%.

Institutional Trading of Canadian National Railway

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. High Point Wealth Management LLC purchased a new position in Canadian National Railway during the fourth quarter valued at approximately $27,000. Curio Wealth LLC purchased a new stake in shares of Canadian National Railway in the fourth quarter worth $31,000. MidFirst Bank purchased a new stake in shares of Canadian National Railway in the fourth quarter worth $31,000. Caitong International Asset Management Co. Ltd raised its position in shares of Canadian National Railway by 378.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 280 shares during the period. Finally, MBM Wealth Consultants LLC bought a new stake in shares of Canadian National Railway during the 1st quarter valued at $37,000. 80.74% of the stock is owned by hedge funds and other institutional investors.

About Canadian National Railway

Canadian National Railway Company (NYSE: CNI) is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.

CN’s core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.