Brokers Set Expectations for Cargojet Q1 Earnings

Cargojet Inc. (TSE:CJT) – Investment analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of Cargojet in a research note issued to investors on Tuesday, February 18th. National Bank Financial analyst C. Doerksen anticipates 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 research analysts have also commented on the company. ATB Capital dropped their price target on Cargojet from C$165.00 to C$155.00 in a research report on Wednesday, November 6th. Canaccord Genuity Group lifted their price target on shares of Cargojet from C$160.00 to C$165.00 in a research note on Wednesday, November 6th. Scotiabank lowered their price objective on shares of Cargojet from C$170.00 to C$165.00 in a research report on Wednesday. Cormark dropped their price objective on shares of Cargojet from C$140.00 to C$120.00 in a report on Wednesday. Finally, CIBC reduced their target price on shares of Cargojet from C$177.00 to C$163.00 in a research note on Wednesday. Two research 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. Based on data from MarketBeat.com, Cargojet presently has a consensus rating of “Moderate Buy” and a consensus target price of C$158.45.

Cargojet Stock Performance

CJT stock opened at C$107.40 on Thursday. Cargojet has a 1-year low of C$100.01 and a 1-year high of C$144.97. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69. The firm has a market cap of C$1.72 billion, a PE ratio of 753.74 and a beta of 0.91. The business’s 50-day moving average price is C$112.89 and its two-hundred day moving average price is C$123.23.

Cargojet Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.40 annualized dividend and a yield of 1.30%. Cargojet’s payout ratio 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.