Desjardins Has Negative Outlook of TSE:CNR Q3 Earnings

Canadian National Railway (TSE:CNR) (NYSE:CNI) – Investment analysts at Desjardins decreased their Q3 2025 earnings per share (EPS) estimates for Canadian National Railway in a research note issued to investors on Monday, October 6th. Desjardins analyst B. Poirier now forecasts that the company will post earnings of $1.73 per share for the quarter, down from their previous forecast of $1.81. Desjardins currently has a “Buy” rating and a $151.00 price objective on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. Desjardins also issued estimates for Canadian National Railway’s FY2025 earnings at $7.37 EPS, FY2026 earnings at $8.14 EPS and FY2027 earnings at $9.07 EPS.

Several other analysts also recently weighed in on CNR. Argus upgraded Canadian National Railway to a “hold” rating in a research report on Friday, June 27th. CIBC decreased their price objective on shares of Canadian National Railway from C$148.00 to C$140.00 and set a “neutral” rating for the company in a report on Tuesday, September 23rd. Raymond James Financial upgraded shares of Canadian National Railway from a “hold” rating to a “moderate buy” rating and upped their target price for the stock from C$150.00 to C$162.00 in a research note on Thursday, July 17th. Citigroup decreased their price target on shares of Canadian National Railway from C$123.00 to C$121.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Finally, Sanford C. Bernstein dropped their price objective on Canadian National Railway from C$149.00 to C$148.00 in a research note on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$152.07.

Canadian National Railway Price Performance

Shares of CNR stock opened at C$134.78 on Tuesday. The stock has a 50 day moving average price of C$130.47 and a 200 day moving average price of C$136.99. Canadian National Railway has a 52-week low of C$126.11 and a 52-week high of C$160.88. The company has a debt-to-equity ratio of 107.59, a quick ratio of 0.58 and a current ratio of 0.64. The firm has a market capitalization of C$84.13 billion, a P/E ratio of 18.59, a P/E/G ratio of 3.38 and a beta of 0.92.

Insider Buying and Selling at Canadian National Railway

In related news, Director Shauneen Elizabeth Bruder purchased 7,600 shares of the business’s stock in a transaction dated Thursday, July 24th. The shares were acquired at an average cost of C$131.40 per share, for a total transaction of C$998,624.04. Also, Director Susan C. Jones acquired 1,520 shares of the firm’s stock in a transaction that occurred on Thursday, July 24th. The shares were bought at an average price of C$130.96 per share, with a total value of C$199,065.28. 2.64% of the stock is currently owned by company insiders.

Canadian National Railway Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 29th were issued a dividend of $0.8875 per share. The ex-dividend date was Monday, September 8th. This represents a $3.55 dividend on an annualized basis and a yield of 2.6%. Canadian National Railway’s dividend payout ratio is currently 47.79%.

About Canadian National Railway

Canadian National’s railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%).