Brokers Issue Forecasts for CNI FY2027 Earnings

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Stock analysts at National Bank Financial issued their FY2027 earnings estimates for Canadian National Railway in a research report issued on Wednesday, September 17th. National Bank Financial analyst C. Doerksen forecasts that the transportation company will post earnings per share of $6.37 for the year. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings data on Tuesday, July 22nd. The transportation company reported $1.35 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.02). Canadian National Railway had a net margin of 26.63% and a return on equity of 21.71%. The business had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $4.34 billion. During the same period in the previous year, the business posted $1.84 EPS. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year.

Other research analysts have also issued research reports about the stock. Wall Street Zen raised shares of Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Friday, May 30th. Wells Fargo & Company decreased their price target on shares of Canadian National Railway from $120.00 to $117.00 and set an “overweight” rating for the company in a research note on Wednesday, July 23rd. Evercore ISI downgraded shares of Canadian National Railway from an “outperform” rating to an “in-line” rating and set a $105.00 price target for the company. in a research note on Wednesday, July 23rd. Argus upgraded shares of Canadian National Railway to a “hold” rating in a research note on Friday, June 27th. Finally, Royal Bank Of Canada decreased their price target on shares of Canadian National Railway from $161.00 to $157.00 and set an “outperform” rating for the company in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Canadian National Railway currently has an average rating of “Hold” and an average target price of $118.36.

Canadian National Railway Trading Up 0.1%

NYSE CNI opened at $92.09 on Monday. The firm has a 50 day simple moving average of $95.18 and a 200-day simple moving average of $99.21. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.58 and a current ratio of 0.82. Canadian National Railway has a one year low of $91.07 and a one year high of $118.46. The firm has a market cap of $57.17 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 2.12 and a beta of 0.94.

Canadian National Railway Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 8th will be issued a $0.6507 dividend. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.62. The ex-dividend date is Monday, September 8th. This represents a $2.60 dividend on an annualized basis and a yield of 2.8%. Canadian National Railway’s payout ratio is currently 50.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CNI. Addison Advisors LLC increased its stake in shares of Canadian National Railway by 124.0% during the 2nd quarter. Addison Advisors LLC now owns 271 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 150 shares during the last quarter. Dagco Inc. acquired a new position in shares of Canadian National Railway during the 1st quarter valued at about $32,000. Curio Wealth LLC increased its stake in shares of Canadian National Railway by 31,600.0% during the 2nd quarter. Curio Wealth LLC now owns 317 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 316 shares during the last quarter. Bruce G. Allen Investments LLC increased its stake in shares of Canadian National Railway by 44.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 346 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 106 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of Canadian National Railway during the 1st quarter valued at about $39,000. 80.74% of the stock is currently owned by hedge funds and other institutional investors.

Canadian National Railway Company Profile

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.