Canadian National Railway Company (NYSE:CNI) Receives Average Rating of “Moderate Buy” from Analysts

Canadian National Railway Company (NYSE:CNI) (TSE:CNR) has been assigned a consensus recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, MarketBeat reports. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $132.1236.

CNI has been the topic of several research analyst reports. Stephens upgraded shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 8th. Evercore upgraded shares of Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 price target for the company in a report on Thursday, June 25th. Wells Fargo & Company raised their price objective on shares of Canadian National Railway from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Bank of America boosted their price objective on shares of Canadian National Railway from $132.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Finally, Barclays upped their target price on shares of Canadian National Railway from $99.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th.

Canadian National Railway News Summary

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: CNI posted second-quarter earnings of $2.08 per share, well above the $1.39 consensus estimate, while revenue rose 11.3% year over year, signaling stronger operational performance. Article Title
• Positive Sentiment: The company raised its 2026 guidance and increased its volume outlook, which suggests management expects demand trends and network utilization to remain supportive. Article Title
• Positive Sentiment: CN also announced a quarterly dividend of C$0.915 per share, reinforcing its capital-return profile for income-focused investors. Article Title
• Positive Sentiment: CN and Union Pacific announced an agreement to improve North American rail connectivity, which could create new cross-border service opportunities and expand customer access. Article Title

Hedge Funds Weigh In On Canadian National Railway

Several hedge funds have recently bought and sold shares of CNI. Lazard Asset Management LLC grew its holdings in Canadian National Railway by 639,137.0% in the third quarter. Lazard Asset Management LLC now owns 8,955,711 shares of the transportation company’s stock valued at $844,353,000 after purchasing an additional 8,954,310 shares during the last quarter. Norges Bank acquired a new position in shares of Canadian National Railway during the 4th quarter worth $570,161,000. FIL Ltd raised its stake in shares of Canadian National Railway by 49.5% during the 4th quarter. FIL Ltd now owns 15,745,744 shares of the transportation company’s stock worth $1,557,309,000 after buying an additional 5,210,403 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Canadian National Railway by 6,329.2% in the 4th quarter. AQR Capital Management LLC now owns 1,234,030 shares of the transportation company’s stock worth $122,050,000 after buying an additional 1,214,836 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in shares of Canadian National Railway by 15.1% in the 4th quarter. Deutsche Bank AG now owns 8,998,101 shares of the transportation company’s stock worth $889,462,000 after buying an additional 1,182,106 shares in the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

Canadian National Railway Stock Up 0.0%

CNI opened at $129.53 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.67 and a quick ratio of 0.49. Canadian National Railway has a 12 month low of $90.74 and a 12 month high of $131.55. The stock has a market capitalization of $78.50 billion, a P/E ratio of 22.97, a P/E/G ratio of 2.47 and a beta of 0.96. The business has a 50 day simple moving average of $120.15 and a 200-day simple moving average of $110.72.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings data on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.26 billion. Canadian National Railway had a return on equity of 22.33% and a net margin of 26.92%.Canadian National Railway’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 earnings per share. On average, equities analysts anticipate that Canadian National Railway will post 5.67 earnings per share for the current fiscal year.

Canadian National Railway Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 annualized dividend and a dividend yield of 2.8%. Canadian National Railway’s payout ratio is 48.55%.

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.