Cormark Comments on Cargojet's Q1 Earnings (TSE:CJT)

Cargojet Inc. (TSE:CJT - Free Report) - Research analysts at Cormark issued their Q1 2026 earnings per share estimates for Cargojet in a note issued to investors on Wednesday, February 19th. Cormark analyst D. Ocampo forecasts that the company will post earnings per share of $1.26 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.

CJT has been the topic of a number of other research reports. National Bankshares cut their price objective on shares of Cargojet from C$158.00 to C$151.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. TD Securities reduced their price objective on shares of Cargojet from C$167.00 to C$165.00 and set a "buy" rating for the company in a research note on Thursday, November 21st. Canaccord Genuity Group lifted their target price on Cargojet from C$160.00 to C$165.00 in a research report on Wednesday, November 6th. CIBC reduced their price target on Cargojet from C$177.00 to C$163.00 in a research report on Wednesday. Finally, ATB Capital lowered their price target on Cargojet from C$165.00 to C$155.00 in a research report on Wednesday, November 6th. Two equities 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 stock. Based on 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 3.6 %

TSE:CJT traded down C$3.74 during trading hours on Thursday, reaching C$101.34. 200,715 shares of the stock were exchanged, compared to its average volume of 95,618. The stock has a market cap of C$1.62 billion, a PE ratio of 711.21 and a beta of 0.91. Cargojet has a twelve month low of C$100.01 and a twelve month high of C$144.97. The firm has a 50 day moving average of C$112.62 and a 200 day moving average of C$122.88. The company has a debt-to-equity ratio of 98.69, a current ratio of 0.56 and a quick ratio of 0.79.

Cargojet Dividend Announcement

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 dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.38%. Cargojet's dividend payout ratio (DPR) is 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.