National Bank Financial Estimates Cargojet FY2025 Earnings

Cargojet Inc. (TSE:CJT) – Investment analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of Cargojet in a research note issued on Thursday, April 24th. National Bank Financial analyst C. Doerksen now expects that the company will earn $5.62 per share for the year, up from their previous forecast of $5.56. 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 $6.13 EPS.

Several other analysts have also recently weighed in on the stock. Cormark reduced their target price on shares of Cargojet from C$140.00 to C$120.00 in a report on Wednesday, February 19th. CIBC cut their target price on Cargojet from C$163.00 to C$150.00 in a research report on Thursday, April 10th. Royal Bank of Canada dropped their price objective on Cargojet from C$183.00 to C$177.00 in a report on Monday. BMO Capital Markets reduced their target price on Cargojet from C$120.00 to C$95.00 in a report on Tuesday, April 15th. Finally, Scotiabank decreased their price target on shares of Cargojet from C$165.00 to C$139.00 and set an “outperform” rating for the company in a research note on Wednesday, April 2nd. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$150.64.

Cargojet Stock Up 0.4 %

Shares of TSE:CJT opened at C$85.51 on Monday. Cargojet has a 1 year low of C$69.60 and a 1 year high of C$144.97. The firm’s 50-day moving average is C$84.97 and its two-hundred day moving average is C$108.10. The firm has a market capitalization of C$1.37 billion, a PE ratio of 600.11 and a beta of 0.91. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, April 4th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Thursday, March 20th. Cargojet’s dividend payout ratio 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.