Zacks Research Has Bearish Estimate for CNI Q4 Earnings

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Research analysts at Zacks Research lowered their Q4 2026 EPS estimates for Canadian National Railway in a report released on Friday, August 7th. Zacks Research analyst Team now expects that the transportation company will earn $1.55 per share for the quarter, down from their prior forecast of $1.57. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.80 per share. Zacks Research also issued estimates for Canadian National Railway’s Q2 2027 earnings at $1.57 EPS, Q3 2027 earnings at $1.60 EPS, Q1 2028 earnings at $1.66 EPS, Q2 2028 earnings at $1.63 EPS and FY2028 earnings at $6.98 EPS.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11. The company had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.26 billion. Canadian National Railway had a return on equity of 22.22% and a net margin of 26.92%.Canadian National Railway’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the company earned $1.87 earnings per share.

A number of other analysts have also weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of Canadian National Railway from $195.00 to $205.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Weiss Ratings upgraded Canadian National Railway from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Canadian Imperial Bank of Commerce upped their price objective on shares of Canadian National Railway from C$182.00 to C$185.00 and gave the company an “outperformer” rating in a report on Thursday, June 25th. Wells Fargo & Company lifted their target price on shares of Canadian National Railway from $135.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, July 27th. Finally, National Bank Financial set a $124.00 price target on shares of Canadian National Railway in a report on Thursday, June 25th. Eight investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Canadian National Railway presently has an average rating of “Hold” and a consensus price target of $137.40.

Canadian National Railway Stock Performance

CNI stock opened at $125.06 on Tuesday. The business’s fifty day simple moving average is $122.67 and its two-hundred day simple moving average is $112.94. The company has a quick ratio of 0.61, a current ratio of 0.87 and a debt-to-equity ratio of 0.99. The firm has a market cap of $75.79 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.36 and a beta of 0.95. Canadian National Railway has a twelve month low of $90.74 and a twelve month high of $131.55.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Notis McConarty Edward purchased a new stake in Canadian National Railway in the second quarter valued at approximately $3,278,000. Somerville Kurt F purchased a new stake in shares of Canadian National Railway in the 2nd quarter valued at $7,545,000. Puzo Michael J acquired a new position in Canadian National Railway during the 2nd quarter worth about $5,915,000. Great Lakes Advisors LLC purchased a new position in Canadian National Railway during the 2nd quarter valued at about $9,308,000. Finally, Bank of New York Mellon Corp acquired a new position in Canadian National Railway in the 2nd quarter valued at about $65,922,000. 80.74% of the stock is currently owned by institutional investors and hedge funds.

Canadian National Railway Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 8th will be paid a $0.915 dividend. This represents a $3.66 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 8th. Canadian National Railway’s dividend payout ratio (DPR) is 47.34%.

About Canadian National Railway

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.