Atb Cap Markets Has Pessimistic View of TSE:CNR Q1 Earnings

Canadian National Railway (TSE:CNR) (NYSE:CNI) – Investment analysts at Atb Cap Markets reduced their Q1 2025 EPS estimates for shares of Canadian National Railway in a research report issued to clients and investors on Tuesday, October 22nd. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $1.87 per share for the quarter, down from their prior forecast of $1.90. The consensus estimate for Canadian National Railway’s current full-year earnings is $8.26 per share. Atb Cap Markets also issued estimates for Canadian National Railway’s FY2025 earnings at $8.22 EPS.

CNR has been the subject of several other reports. UBS Group increased their price objective on shares of Canadian National Railway from C$189.00 to C$190.00 in a research report on Thursday. Sanford C. Bernstein dropped their price objective on shares of Canadian National Railway from C$179.00 to C$173.00 in a report on Wednesday, October 9th. Scotiabank reduced their target price on Canadian National Railway from C$187.00 to C$180.00 and set an “outperform” rating for the company in a research note on Wednesday, September 11th. BMO Capital Markets lowered their price target on Canadian National Railway from C$182.00 to C$178.00 and set an “outperform” rating for the company in a research report on Wednesday, September 11th. Finally, Citigroup increased their price objective on Canadian National Railway from C$125.00 to C$126.00 and gave the company a “neutral” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$171.07.

Canadian National Railway Stock Down 1.0 %

Shares of CNR stock opened at C$153.52 on Friday. The stock’s fifty day moving average price is C$157.27 and its 200 day moving average price is C$164.33. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58. Canadian National Railway has a 1-year low of C$143.16 and a 1-year high of C$181.34. The company has a market cap of C$96.64 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings results on Tuesday, July 23rd. The company reported C$1.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.93 by C($0.09). The business had revenue of C$4.33 billion for the quarter, compared to analyst estimates of C$4.40 billion. Canadian National Railway had a return on equity of 27.41% and a net margin of 32.02%.

Insiders Place Their Bets

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder bought 543 shares of the company’s stock in a transaction dated Wednesday, September 25th. The shares were purchased at an average cost of C$157.53 per share, for a total transaction of C$85,539.88. In other Canadian National Railway news, Director Shauneen Elizabeth Bruder bought 543 shares of Canadian National Railway stock in a transaction dated Wednesday, September 25th. The stock was acquired at an average cost of C$157.53 per share, with a total value of C$85,539.88. Also, Director Susan C. Jones purchased 1,230 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average cost of C$162.05 per share, for a total transaction of C$199,324.82. Insiders own 2.64% of the company’s stock.

Canadian National Railway Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 9th will be issued a $0.845 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $3.38 dividend on an annualized basis and a yield of 2.20%. Canadian National Railway’s payout ratio is 40.14%.

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.