Chorus Aviation (CHR) Stock Price, News & Analysis

Company Overview

Chorus Aviation Inc., through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services. The Regional Aircraft Leasing segment engages in asset management business comprising management of aircraft investment funds and provision of lease services to aircraft operators. In addition, the company provides aeronautical products, which includes component, sheet metal, and avionics repair support services for airlines, leasing companies, aviation maintenance organizations, and original equipment manufacturers. Further, it offers in-house design and certification services including repair design and supplemental type certificate approvals for aircraft modifications, reconfigurations, and part replacements; and provides technical support, structural and system design, operational documentation, and project management. Chorus Aviation Inc. was formerly known as Jazz Air Income Fund. The company was founded in 2005 and is based in Dartmouth, Canada.

Key Stats

• Today's Range: C$2.93 to C$3.02
• 50-Day Range: C$2.88 to C$3.38
• 52-Week Range: C$1.99 to C$3.44
• Volume: 455,300 shs
• Average Volume: 381,178 shs
• Market Capitalization: C$573.33 million
• P/E Ratio: 13.04
• Dividend Yield: 16.00%
• Price Target: C$3.45
• Consensus Rating: Moderate Buy

Chorus Aviation Stock Analysis - MarketRank™

Chorus Aviation scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chorus Aviation has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chorus Aviation has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Chorus Aviation is 13.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chorus Aviation is 13.04, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 371.17.

Price to Earnings Growth Ratio

Chorus Aviation has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Chorus Aviation has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CHR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Chorus Aviation is a leading dividend payer. It pays a dividend yield of 18.82%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Chorus Aviation does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Chorus Aviation is 208.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CHR.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.45

News Sentiment

Chorus Aviation has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Chorus Aviation this week, compared to 1 article on an average week.

Search Interest

3 people have searched for CHR on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chorus Aviation insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.83% of the stock of Chorus Aviation is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.30% of the stock of Chorus Aviation is held by institutions.

CHR Stock Analysis - Frequently Asked Questions

How have CHR shares performed this year?

Chorus Aviation's stock was trading at C$2.56 on January 1st, 2024. Since then, CHR shares have increased by 17.2% and is now trading at C$3.00.
View the best growth stocks for 2024 here.

How do I buy shares of Chorus Aviation?

Shares of CHR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Chorus Aviation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chorus Aviation investors own include Air Canada (AC), Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Bank of America (BAC), Cenovus Energy (CVE) and Suncor Energy (SU).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Airports & Air Services
• Sub-Industry: Business Services
• Current Symbol: TSE:CHR
• Previous Symbol: TSE:CHR.A
• CUSIP: N/A
• CIK: N/A
• Web: chorusaviation.com
• Phone: +1-902-8735000
• Fax: N/A
• Employees: 4,573
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.45
• High Stock Price Target: C$4.05
• Low Stock Price Target: C$2.50
• Potential Upside/Downside: +15.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.23
• Trailing P/E Ratio: 13.04
• Forward P/E Ratio: 10.00
• P/E Growth: 0.65
• Net Income: C$44.58 million
• Net Margins: -6.95%
• Pretax Margin: N/A
• Return on Equity: 7.10%
• Return on Assets: 4.43%

Debt

• Debt-to-Equity Ratio: 60.07
• Current Ratio: 1.45
• Quick Ratio: 0.53

Sales & Book Value

• Annual Sales: C$1.72 billion
• Price / Sales: 0.33
• Cash Flow: C$0.80 per share
• Price / Cash Flow: 3.74
• Book Value: C$5.41 per share
• Price / Book: 0.55

Miscellaneous

• Outstanding Shares: 191,110,000
• Free Float: N/A
• Market Cap: C$573.33 million
• Optionable: Not Optionable
• Beta: 2.14