Canadian National Railway Company (NYSE:CNI) Receives $122.04 Average PT from Brokerages

Shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) have been assigned an average recommendation of “Hold” from the nineteen research firms that are covering the stock, MarketBeat reports. Ten investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $122.0360.

Several equities analysts have weighed in on the stock. Sanford C. Bernstein lifted their price target on shares of Canadian National Railway from $113.88 to $117.36 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Royal Bank Of Canada lifted their price target on shares of Canadian National Railway from $160.00 to $178.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Canadian National Railway in a report on Monday, April 20th. Stephens lowered their target price on shares of Canadian National Railway from $105.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, February 2nd. Finally, Citigroup boosted their target price on shares of Canadian National Railway from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, April 30th.

Hedge Funds Weigh In On Canadian National Railway

Hedge funds have recently modified their holdings of the stock. Cardinal Point Capital Management ULC increased its position in Canadian National Railway by 28.8% in the third quarter. Cardinal Point Capital Management ULC now owns 124,426 shares of the transportation company’s stock worth $11,730,000 after purchasing an additional 27,857 shares during the last quarter. Lincluden Management Ltd. increased its position in Canadian National Railway by 4.1% in the third quarter. Lincluden Management Ltd. now owns 434,344 shares of the transportation company’s stock worth $40,717,000 after purchasing an additional 17,257 shares during the last quarter. Kensington Investment Counsel LLC bought a new stake in Canadian National Railway in the third quarter worth $3,079,000. Lorne Steinberg Wealth Management Inc. increased its position in Canadian National Railway by 23.3% in the third quarter. Lorne Steinberg Wealth Management Inc. now owns 83,095 shares of the transportation company’s stock worth $7,834,000 after purchasing an additional 15,715 shares during the last quarter. Finally, Nicola Wealth Management LTD. increased its position in Canadian National Railway by 13.9% in the third quarter. Nicola Wealth Management LTD. now owns 198,800 shares of the transportation company’s stock worth $18,749,000 after purchasing an additional 24,200 shares during the last quarter. Hedge funds and other institutional investors own 80.74% of the company’s stock.

Canadian National Railway Price Performance

Shares of NYSE:CNI opened at $111.74 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.67 and a quick ratio of 0.49. Canadian National Railway has a 1-year low of $90.74 and a 1-year high of $115.80. The company has a market capitalization of $67.91 billion, a P/E ratio of 20.32, a P/E/G ratio of 2.15 and a beta of 0.95. The firm’s 50 day simple moving average is $107.56 and its two-hundred day simple moving average is $102.35.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Wednesday, April 29th. The transportation company reported $1.31 earnings per share for the quarter, meeting the consensus estimate of $1.31. Canadian National Railway had a net margin of 27.22% and a return on equity of 21.90%. The business had revenue of $3.15 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same quarter in the previous year, the firm earned $1.85 earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. Research analysts expect that Canadian National Railway will post 5.76 EPS for the current fiscal year.

Canadian National Railway Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a $0.915 dividend. This represents a $3.66 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, June 9th. Canadian National Railway’s payout ratio is 48.73%.

Trending Headlines about Canadian National Railway

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Canadian National Railway to $5.71 from $5.67, signaling slightly better expectations for the current fiscal year.
• Positive Sentiment: The firm also lifted its Q3 2026 EPS estimate to $1.45 from $1.43 and its Q4 2026 EPS estimate to $1.57 from $1.54, suggesting modestly stronger near-term profitability.
• Neutral Sentiment: Zacks Research’s updated forecasts for CNI still remain near the consensus full-year EPS estimate of $5.76, so the changes are relatively small in the context of overall expectations.
• Negative Sentiment: The analyst lowered Q2 2026 EPS to $1.38 from $1.40, Q1 2027 to $1.60 from $1.63, Q2 2027 to $1.54 from $1.63, Q3 2027 to $1.55 from $1.56, Q4 2027 to $1.66 from $1.69, FY2027 to $6.35 from $6.51, Q1 2028 to $1.65 from $1.79, and FY2028 to $6.84 from $6.91, which is a mildly negative signal for Canadian National Railway’s growth outlook.

Canadian National Railway Company Profile

Canadian National Railway Company (NYSE: CNI) is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.

CN’s core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.