Cargojet Inc. (TSE:CJT - Free Report) - Equities researchers at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Cargojet in a research note issued to investors on Tuesday, February 18th. National Bank Financial analyst C. Doerksen expects that the company will post earnings of $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.
Several other research analysts have also weighed in on CJT. Canaccord Genuity Group boosted their price target on Cargojet from C$160.00 to C$165.00 in a research report on Wednesday, November 6th. Cormark lowered their price target on Cargojet from C$140.00 to C$120.00 in a research report on Wednesday. Canaccord Genuity Group boosted their price target on Cargojet from C$165.00 to C$173.00 in a research report on Wednesday. Scotiabank lowered their price target on Cargojet from C$170.00 to C$165.00 in a research report on Wednesday. Finally, CIBC lowered their price target on Cargojet from C$177.00 to C$163.00 in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$158.45.
Check Out Our Latest Report on Cargojet
Cargojet Stock Down 3.6 %
Shares of TSE:CJT traded down C$3.74 during trading on Thursday, hitting C$101.34. 200,715 shares of the company were exchanged, compared to its average volume of 95,618. The stock has a market cap of C$1.62 billion, a price-to-earnings ratio of 711.21 and a beta of 0.91. Cargojet has a fifty-two week low of C$100.01 and a fifty-two week high of C$144.97. The firm has a fifty day moving average price of C$112.62 and a two-hundred day moving average price of C$122.88. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69.
Cargojet Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 20th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.38%. Cargojet's payout ratio is presently 982.53%.
Cargojet Company Profile
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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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