Canadian National Railway (TSE:CNR – Free Report) (NYSE:CNI) – Equities researchers at Raymond James lowered their Q4 2024 earnings per share (EPS) estimates for Canadian National Railway in a research report issued on Monday, January 27th. Raymond James analyst S. Hansen now expects that the company will post earnings per share of $1.86 for the quarter, down from their prior forecast of $2.09. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. Raymond James also issued estimates for Canadian National Railway’s Q1 2025 earnings at $1.98 EPS, Q2 2025 earnings at $1.95 EPS, Q3 2025 earnings at $1.94 EPS, Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $7.90 EPS and FY2026 earnings at $8.95 EPS.
A number of other research analysts also recently commented on CNR. UBS Group lifted their price objective on shares of Canadian National Railway from C$189.00 to C$190.00 in a research report on Thursday, October 24th. Sanford C. Bernstein reduced their price target on Canadian National Railway from C$179.00 to C$173.00 in a report on Wednesday, October 9th. Evercore ISI upgraded Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 19th. National Bankshares reduced their target price on Canadian National Railway from C$181.00 to C$178.00 and set an “outperform” rating for the company in a research note on Wednesday, October 23rd. Finally, Scotiabank dropped their price target on Canadian National Railway from C$180.00 to C$178.00 in a research note on Thursday. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Canadian National Railway currently has an average rating of “Buy” and a consensus target price of C$170.64.
Canadian National Railway Price Performance
TSE:CNR opened at C$152.26 on Wednesday. The stock has a market capitalization of C$95.85 billion, a PE ratio of 18.08, a P/E/G ratio of 3.38 and a beta of 0.65. Canadian National Railway has a 1-year low of C$143.18 and a 1-year high of C$181.34. The firm has a fifty day simple moving average of C$149.49 and a 200 day simple moving average of C$154.58. The company has a current ratio of 0.63, a quick ratio of 0.58 and a debt-to-equity ratio of 107.62.
Insider Buying and Selling at Canadian National Railway
In related news, Director Tracy Robinson purchased 3,300 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were bought at an average price of C$147.99 per share, for a total transaction of C$488,380.20. Also, Director Shauneen Elizabeth Bruder purchased 608 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average cost of C$145.24 per share, with a total value of C$88,307.74. Insiders acquired 5,694 shares of company stock valued at $853,385 in the last quarter. Company insiders own 2.64% 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.
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