Atb Cap Markets Has Pessimistic Outlook of CNI Q1 Earnings

Canadian National Railway (NYSE:CNI) (TSE:CNR) – Research analysts at Atb Cap Markets cut their Q1 2025 EPS estimates for shares of Canadian National Railway in a note issued to investors on Thursday, April 10th. Atb Cap Markets analyst C. Murray now anticipates that the transportation company will earn $1.25 per share for the quarter, down from their previous forecast of $1.28. 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 issued its quarterly earnings data on Thursday, January 30th. The transportation company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.09). Canadian National Railway had a net margin of 26.09% and a return on equity of 22.48%.

A number of other analysts have also commented on the company. TD Securities raised Canadian National Railway from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Jefferies Financial Group cut their target price on shares of Canadian National Railway from $120.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Bank of America lowered their price objective on shares of Canadian National Railway from $119.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company decreased their target price on Canadian National Railway from $125.00 to $123.00 and set an “overweight” rating for the company in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. raised Canadian National Railway from a “neutral” rating to an “overweight” rating in a research note on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, seven have issued a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $121.19.

Canadian National Railway Trading Up 4.1 %

NYSE CNI opened at $99.77 on Monday. The stock has a market cap of $62.70 billion, a P/E ratio of 19.49, a price-to-earnings-growth ratio of 1.95 and a beta of 0.93. Canadian National Railway has a fifty-two week low of $91.65 and a fifty-two week high of $130.63. The stock has a 50 day simple moving average of $99.36 and a two-hundred day simple moving average of $104.82. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66.

Canadian National Railway Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 10th were issued a dividend of $0.6159 per share. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.61. The ex-dividend date was Monday, March 10th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 2.47%. Canadian National Railway’s dividend payout ratio is presently 47.66%.

Institutional Investors Weigh In On Canadian National Railway

Institutional investors and hedge funds have recently made changes to their positions in the company. Gateway Investment Advisers LLC increased its holdings in shares of Canadian National Railway by 71.0% in the 1st quarter. Gateway Investment Advisers LLC now owns 4,869 shares of the transportation company’s stock worth $475,000 after purchasing an additional 2,022 shares in the last quarter. Stokes Capital Advisors LLC raised its position in Canadian National Railway by 2.6% in the 1st quarter. Stokes Capital Advisors LLC now owns 52,398 shares of the transportation company’s stock worth $5,107,000 after buying an additional 1,343 shares during the last quarter. Harrington Investments INC lifted its stake in Canadian National Railway by 2.1% during the 1st quarter. Harrington Investments INC now owns 19,929 shares of the transportation company’s stock valued at $1,942,000 after acquiring an additional 403 shares during the period. First Affirmative Financial Network boosted its holdings in shares of Canadian National Railway by 6.0% during the 1st quarter. First Affirmative Financial Network now owns 5,933 shares of the transportation company’s stock valued at $578,000 after acquiring an additional 335 shares during the last quarter. Finally, Atwater Malick LLC grew its stake in shares of Canadian National Railway by 1.7% in the first quarter. Atwater Malick LLC now owns 71,274 shares of the transportation company’s stock worth $6,946,000 after acquiring an additional 1,198 shares during the period. Institutional investors own 80.74% of the company’s stock.

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.