What is Cormark’s Forecast for Cargojet Q1 Earnings?

Cargojet Inc. (TSE:CJT) – Research analysts at Cormark issued their Q1 2026 earnings estimates for Cargojet in a research note issued on Wednesday, February 19th. Cormark analyst D. Ocampo forecasts that the company will earn $1.26 per share for the quarter. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Cormark also issued estimates for Cargojet’s Q2 2026 earnings at $1.29 EPS and FY2027 earnings at $7.71 EPS.

Several other equities research analysts have also recently issued reports on the stock. National Bankshares decreased their price target on shares of Cargojet from C$158.00 to C$151.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Canaccord Genuity Group increased their price objective on shares of Cargojet from C$165.00 to C$173.00 in a report on Wednesday. ATB Capital decreased their target price on shares of Cargojet from C$165.00 to C$155.00 in a research report on Wednesday, November 6th. Scotiabank dropped their price target on shares of Cargojet from C$170.00 to C$165.00 in a research report on Wednesday. Finally, CIBC decreased their price target on shares of Cargojet from C$177.00 to C$163.00 in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$158.45.

Cargojet Stock Performance

TSE CJT opened at C$105.08 on Thursday. The stock has a market cap of C$1.68 billion, a price-to-earnings ratio of 737.46 and a beta of 0.91. The business has a fifty day moving average of C$112.76 and a 200-day moving average of C$123.05. Cargojet has a fifty-two week low of C$100.01 and a fifty-two week high of C$144.97. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69.

Cargojet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 20th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.33%. Cargojet’s dividend payout ratio (DPR) is presently 982.53%.

Cargojet Company Profile

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.