Canadian National Railway (NYSE:CNI) Issues Quarterly Earnings Results

Canadian National Railway (NYSE:CNI) (TSE:CNR) announced its earnings results on Thursday. The transportation company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.09), Zacks reports. Canadian National Railway had a return on equity of 23.62% and a net margin of 31.65%. Canadian National Railway updated its FY 2025 guidance to 5.580-5.840 EPS.

Canadian National Railway Price Performance

Canadian National Railway stock opened at $104.58 on Friday. The company has a market capitalization of $65.77 billion, a PE ratio of 16.76, a P/E/G ratio of 2.41 and a beta of 0.91. The company has a current ratio of 0.64, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96. The stock has a 50-day moving average price of $104.48 and a two-hundred day moving average price of $110.96. Canadian National Railway has a 12 month low of $98.96 and a 12 month high of $134.02.

Canadian National Railway Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 10th will be given a dividend of $0.6159 per share. The ex-dividend date of this dividend is Monday, March 10th. This represents a $2.46 dividend on an annualized basis and a yield of 2.36%. This is a positive change from Canadian National Railway’s previous quarterly dividend of $0.61. Canadian National Railway’s payout ratio is currently 38.30%.

Analyst Ratings Changes

Several research firms have recently weighed in on CNI. The Goldman Sachs Group lowered their target price on shares of Canadian National Railway from $131.00 to $124.00 and set a “sell” rating on the stock in a report on Wednesday, October 9th. Stifel Nicolaus boosted their price objective on Canadian National Railway from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Benchmark reaffirmed a “hold” rating on shares of Canadian National Railway in a research note on Thursday, October 24th. Barclays decreased their target price on Canadian National Railway from $121.00 to $112.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, Evercore ISI upgraded shares of Canadian National Railway from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Canadian National Railway currently has an average rating of “Moderate Buy” and an average price target of $124.19.

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.