CNI FY2025 EPS Forecast Decreased by Raymond James Financial

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) – Stock analysts at Raymond James Financial decreased their FY2025 EPS estimates for shares of Canadian National Railway in a note issued to investors on Wednesday, October 22nd. Raymond James Financial analyst S. Hansen now expects that the transportation company will earn $5.33 per share for the year, down from their prior forecast of $5.66. Raymond James Financial currently has a “Outperform” rating on the stock. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.52 per share.

Several other brokerages also recently issued reports on CNI. Zacks Research downgraded shares of Canadian National Railway from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 23rd. Susquehanna cut their target price on shares of Canadian National Railway from $120.00 to $115.00 and set a “positive” rating for the company in a research note on Thursday, September 25th. Wall Street Zen upgraded shares of Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Barclays cut their target price on shares of Canadian National Railway from $99.00 to $97.00 and set an “equal weight” rating for the company in a research note on Thursday, October 2nd. Finally, Evercore ISI downgraded shares of Canadian National Railway from an “outperform” rating to an “in-line” rating and set a $105.00 target price for the company. in a research note on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $113.90.

Canadian National Railway Trading Down 0.6%

Canadian National Railway stock opened at $94.79 on Monday. Canadian National Railway has a one year low of $91.07 and a one year high of $114.13. The company has a market cap of $58.65 billion, a price-to-earnings ratio of 18.23, a P/E/G ratio of 2.18 and a beta of 0.96. The firm has a 50-day moving average of $95.04 and a 200-day moving average of $98.84. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.58.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Addison Advisors LLC raised its holdings in Canadian National Railway by 124.0% in the 2nd quarter. Addison Advisors LLC now owns 271 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 150 shares during the period. First Horizon Corp bought a new position in Canadian National Railway in the 3rd quarter valued at about $30,000. Dagco Inc. bought a new position in Canadian National Railway in the 1st quarter valued at about $32,000. Curio Wealth LLC raised its holdings in Canadian National Railway by 31,600.0% in the 2nd quarter. Curio Wealth LLC now owns 317 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 316 shares during the period. Finally, Brooklyn Investment Group increased its holdings in shares of Canadian National Railway by 354.3% during the first quarter. Brooklyn Investment Group now owns 427 shares of the transportation company’s stock worth $42,000 after purchasing an additional 333 shares during the period. 80.74% of the stock is owned by institutional investors.

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.