Canadian National Railway
About: Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2024, CN generated CAD 17 billion in revenue by hauling intermodal containers (22% of consolidated revenue), petroleum and chemicals (20%), grain and fertilizers (20%), forest products (11%), metals and minerals (12%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.
Employees: 24,912
0
Funds holding %
of 7,323 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 20 [Q4 2024] → 25 (+5) [Q1 2025]
16% more call options, than puts
Call options by funds: $109M | Put options by funds: $93.9M
0.12% less ownership
Funds ownership: 67.44% [Q4 2024] → 67.32% (-0.12%) [Q1 2025]
5% less funds holding
Funds holding: 841 [Q4 2024] → 803 (-38) [Q1 2025]
5% less capital invested
Capital invested by funds: $43.5B [Q4 2024] → $41.2B (-$2.34B) [Q1 2025]
16% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 308
23% less first-time investments, than exits
New positions opened: 72 | Existing positions closed: 94
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$99
4%
upside
Avg. target
$119
25%
upside
High target
$157
65%
upside
8 analyst ratings
5 positive
63%
3 neutral
38%
0 negative
0%
Wells Fargo Christian Wetherbee | 23%upside $117 | Overweight Maintained | 23 Jul 2025 |
Susquehanna Bascome Majors | 26%upside $120 | Positive Maintained | 23 Jul 2025 |
RBC Capital Walter Spracklin | 65%upside $157 | Outperform Maintained | 23 Jul 2025 |
Barclays Brandon Oglenski | 4%upside $99 | Equal-Weight Maintained | 23 Jul 2025 |
Citigroup Ariel Rosa | 29%upside $123 | Buy Maintained | 9 Jul 2025 |
Financial journalist opinion
Based on 26 articles about CNI published over the past 30 days
Neutral
Seeking Alpha
11 hours ago
Canadian National Railway: Good Execution And Attractive Valuation
Tariffs and weak mix hurt revenue, but pricing remains strong. Some positives in 2H25 with easing intermodal comps and refinery turnarounds behind us. Solid execution and cost control support margins despite volume headwinds.
Neutral
Seeking Alpha
1 day ago
My Favorite Retirement Strategy - And 3 Dividend Stocks That Perfectly Fit It
I build my retirement portfolio using a pyramid strategy: growth stocks for compounding, mid-yielders to hold forever, and income picks for later-stage cash flow. As time passes, I plan to shift from low-yield growth into high-yield income stocks, without sacrificing total return or yield-on-cost along the way. This strategy blends flexibility with discipline. Start early, think in baskets, and use growth today to fund income tomorrow.
Negative
Zacks Investment Research
4 days ago
Canadian National Stock Falls 4.9% Since Q2 Earnings & Revenue Miss
CNI misses Q2 earnings and revenue estimates, and lowers its full-year outlook amid weak freight volumes and macro uncertainty.
Neutral
Finbold
5 days ago
Bill Gates portfolio: Billionaire's top 5 stock picks
Bill Gates, best known as the co-founder of Microsoft, has also built a reputation as a strategic investor through the Bill & Melinda Gates Foundation Trust, which manages one of the largest charitable portfolios in the world.
Negative
Seeking Alpha
6 days ago
Canadian National Railway: Rating Downgrade Due To Disappointing Guidance Cuts
I downgrade CNR to hold due to sharp guidance cuts, withdrawn long-term targets, and the abrupt CCO exit, signaling deeper execution issues. Broad-based weakness in key segments, especially from tariffs and trade tensions, has created significant headwinds and uncertainty for near-term earnings. Management's loss of visibility and leadership changes add another layer of uncertainty, making it hard to anchor on future earnings expectations.
Positive
Seeking Alpha
6 days ago
Canadian National Railway: Time To Board This Train With A Cheap Ticket
Post-earnings selloffs offer a great entry point to CNI, which trades at discounts to key railway peers despite high operating efficiency. The stock can be a solid defensive play with its duopoly position, resilient business model, modest leverage, and decent shareholder returns. It's encouraging to see the management's swift action of cost control in response to macro headwinds.
Neutral
Seeking Alpha
1 week ago
Canadian National Railway Company (CNI) Q2 2025 Earnings Call Transcript
Canadian National Railway Company (NYSE:CNI ) Q2 2025 Earnings Conference Call July 22, 2025 4:30 PM ET Company Participants Derek Taylor - Executive VP & Chief Field Operating Officer Ghislain Houle - Executive VP & CFO Janet Drysdale - Corporate Participant Patrick Timothy Whitehead - Executive VP & Chief Network Operating Officer Stacy Alderson - Corporate Participant Tracy A. Robinson - President, CEO & Director Conference Call Participants Ariel Luis Rosa - Citigroup Inc., Research Division Bascome Majors - Susquehanna Financial Group, LLLP, Research Division Brian Patrick Ossenbeck - JPMorgan Chase & Co, Research Division Cherilyn Radbourne - TD Cowen, Research Division Christian F.
Neutral
Zacks Investment Research
1 week ago
CN (CNI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for CN (CNI) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
1 week ago
Canadian National (CNI) Q2 Earnings and Revenues Miss Estimates
Canadian National (CNI) came out with quarterly earnings of $1.35 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.35 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
CN Declares Third-Quarter 2025 Dividend
MONTREAL, July 22, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a third-quarter 2025 dividend on the Company's common shares outstanding. A quarterly dividend of eighty-eight and three-quarter cents (C$0.8875) per common share will be paid on September 29, 2025, to shareholders of record at the close of business on September 8, 2025.
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