Atb Cap Markets Has Negative Outlook of CNI Q1 Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Equities research analysts at Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for Canadian National Railway in a report issued on Tuesday, October 22nd. Atb Cap Markets analyst C. Murray now forecasts that the transportation company will earn $1.35 per share for the quarter, down from their previous forecast of $1.41. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.50 per share. Atb Cap Markets also issued estimates for Canadian National Railway’s Q2 2025 earnings at $1.47 EPS and FY2025 earnings at $5.92 EPS.

CNI has been the topic of several other reports. The Goldman Sachs Group dropped their target price on Canadian National Railway from $131.00 to $124.00 and set a “sell” rating on the stock in a report on Wednesday, October 9th. Bank of America downgraded Canadian National Railway from a “buy” rating to a “neutral” rating and dropped their target price for the company from $129.00 to $122.00 in a report on Friday, October 4th. Stifel Nicolaus raised their target price on Canadian National Railway from $130.00 to $132.00 and gave the company a “hold” rating in a report on Wednesday. Benchmark restated a “hold” rating on shares of Canadian National Railway in a research note on Thursday. Finally, Citigroup raised their price objective on Canadian National Railway from $125.00 to $126.00 and gave the company a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $125.18.

Canadian National Railway Stock Performance

Shares of NYSE:CNI opened at $110.96 on Friday. The company has a market cap of $69.88 billion, a P/E ratio of 17.83, a PEG ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.48 and a current ratio of 0.63. Canadian National Railway has a one year low of $103.96 and a one year high of $134.02. The business’s 50-day simple moving average is $115.97 and its 200 day simple moving average is $119.66.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Tuesday, October 22nd. The transportation company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.02. The company had revenue of $4.11 billion during the quarter, compared to the consensus estimate of $4.08 billion. Canadian National Railway had a return on equity of 23.49% and a net margin of 31.65%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.26 earnings per share.

Canadian National Railway Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be issued a $0.6108 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Monday, December 9th. Canadian National Railway’s dividend payout ratio (DPR) is 39.26%.

Institutional Trading of Canadian National Railway

Hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Canadian National Railway in the 2nd quarter worth approximately $26,000. Addison Advisors LLC lifted its holdings in shares of Canadian National Railway by 159.1% in the 2nd quarter. Addison Advisors LLC now owns 241 shares of the transportation company’s stock worth $28,000 after purchasing an additional 148 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Canadian National Railway by 738.7% in the 3rd quarter. Fortitude Family Office LLC now owns 260 shares of the transportation company’s stock worth $30,000 after purchasing an additional 229 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Canadian National Railway by 766.7% in the 1st quarter. GAMMA Investing LLC now owns 234 shares of the transportation company’s stock worth $31,000 after purchasing an additional 207 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Canadian National Railway in the 2nd quarter worth approximately $34,000. Institutional investors 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.