Cargojet Inc. (TSE:CJT – Free Report) – Research analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Cargojet in a note issued to investors on Tuesday, February 18th. National Bank Financial analyst C. Doerksen expects that the company will earn $1.05 per share for the quarter. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. National Bank Financial also issued estimates for Cargojet’s FY2026 earnings at $6.20 EPS.
A number of other equities analysts also recently commented on the stock. ATB Capital reduced their price objective on shares of Cargojet from C$165.00 to C$155.00 in a report on Wednesday, November 6th. Canaccord Genuity Group raised their price target on shares of Cargojet from C$165.00 to C$173.00 in a research note on Wednesday. Scotiabank lowered their price objective on Cargojet from C$170.00 to C$165.00 in a research note on Wednesday. Cormark cut their target price on Cargojet from C$140.00 to C$120.00 in a research report on Wednesday. Finally, TD Securities lowered their price target on Cargojet from C$167.00 to C$165.00 and set a “buy” rating on the stock in a research report on Thursday, November 21st. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$158.45.
Cargojet Stock Down 2.2 %
CJT opened at C$105.08 on Thursday. The company has a market capitalization of C$1.68 billion, a P/E ratio of 737.46 and a beta of 0.91. The company has a debt-to-equity ratio of 98.69, a current ratio of 0.56 and a quick ratio of 0.79. The firm’s fifty day moving average price is C$112.76 and its two-hundred day moving average price is C$123.05. Cargojet has a fifty-two week low of C$100.01 and a fifty-two week high of C$144.97.
Cargojet Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, March 20th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.33%. Cargojet’s dividend payout ratio (DPR) is presently 982.53%.
About Cargojet
Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.
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