Zacks Research Issues Positive Estimate for TSE:CNR Earnings

Canadian National Railway (TSE:CNR) (NYSE:CNI) – Zacks Research raised their Q3 2026 earnings estimates for shares of Canadian National Railway in a report issued on Tuesday, May 13th. Zacks Research analyst M. Basu now forecasts that the company will earn $2.26 per share for the quarter, up from their prior estimate of $2.25. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. Zacks Research also issued estimates for Canadian National Railway’s Q4 2026 earnings at $2.18 EPS, FY2026 earnings at $8.75 EPS, Q1 2027 earnings at $2.43 EPS and FY2027 earnings at $9.87 EPS.

A number of other brokerages also recently commented on CNR. Royal Bank of Canada dropped their price objective on shares of Canadian National Railway from C$165.00 to C$163.00 and set an “outperform” rating on the stock in a research report on Friday, May 2nd. National Bankshares dropped their price objective on shares of Canadian National Railway from C$176.00 to C$170.00 and set an “outperform” rating on the stock in a research report on Thursday, April 3rd. BMO Capital Markets dropped their price objective on shares of Canadian National Railway from C$175.00 to C$168.00 and set an “outperform” rating on the stock in a research report on Friday, May 2nd. UBS Group increased their target price on shares of Canadian National Railway from C$172.00 to C$174.00 and gave the company a “buy” rating in a research report on Friday, May 2nd. Finally, Loop Capital lowered shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and five have given a strong buy rating to the company. According to data from MarketBeat.com, Canadian National Railway currently has an average rating of “Moderate Buy” and a consensus price target of C$158.79.

Canadian National Railway Trading Up 1.5%

Shares of TSE:CNR opened at C$150.95 on Thursday. Canadian National Railway has a 52 week low of C$130.02 and a 52 week high of C$175.13. The company’s 50 day moving average is C$138.61 and its two-hundred day moving average is C$145.42. The company has a current ratio of 0.64, a quick ratio of 0.58 and a debt-to-equity ratio of 107.59. The company has a market cap of C$94.57 billion, a PE ratio of 16.32, a P/E/G ratio of 3.38 and a beta of 0.65.

Canadian National Railway Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be issued a $0.8875 dividend. This represents a $3.55 dividend on an annualized basis and a dividend yield of 2.35%. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.85. Canadian National Railway’s dividend payout ratio is presently 36.54%.

Insider Activity

In other news, Director Susan C. Jones purchased 1,461 shares of the business’s stock in a transaction that occurred on Tuesday, May 6th. The stock was purchased at an average cost of C$136.62 per share, with a total value of C$199,600.80. Also, Director Shauneen Elizabeth Bruder purchased 645 shares of the business’s stock in a transaction that occurred on Wednesday, March 26th. The shares were purchased at an average cost of C$141.56 per share, with a total value of C$91,308.14. Corporate insiders own 2.64% of the company’s stock.

Canadian National Railway Company Profile

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%).