Equities Analysts Set Expectations for Cargojet Q1 Earnings

Cargojet Inc. (TSE:CJT) – Equities research analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Cargojet in a report released on Tuesday, February 18th. National Bank Financial analyst C. Doerksen forecasts 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 brokerages also recently issued reports on CJT. Royal Bank of Canada raised their price target on Cargojet from C$189.00 to C$193.00 in a report on Wednesday. Cormark cut their target price on shares of Cargojet from C$140.00 to C$120.00 in a research note on Wednesday. Canaccord Genuity Group lifted their target price on shares of Cargojet from C$160.00 to C$165.00 in a report on Wednesday, November 6th. ATB Capital lowered their price target on shares of Cargojet from C$165.00 to C$155.00 in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group raised their price objective on shares of Cargojet from C$165.00 to C$173.00 in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$158.45.

Cargojet Stock Performance

Shares of TSE CJT opened at C$107.40 on Thursday. 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 company has a market capitalization of C$1.72 billion, a P/E ratio of 753.74 and a beta of 0.91. Cargojet has a 12 month low of C$100.01 and a 12 month high of C$144.97. The stock has a 50 day moving average of C$112.89 and a 200-day moving average of C$123.23.

Cargojet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Friday, December 20th. Cargojet’s dividend payout ratio (DPR) is currently 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.