Brokers Issue Forecasts for Cargojet’s Q2 Earnings (TSE:CJT)

Cargojet Inc. (TSE:CJT) – Equities research analysts at Atb Cap Markets dropped their Q2 2026 earnings per share (EPS) estimates for shares of Cargojet in a research report issued on Wednesday, November 5th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $0.88 for the quarter, down from their prior estimate of $0.97. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Atb Cap Markets also issued estimates for Cargojet’s Q1 2027 earnings at $1.60 EPS, Q2 2027 earnings at $1.27 EPS and Q3 2027 earnings at $0.78 EPS.

Other analysts have also issued research reports about the stock. Raymond James Financial set a C$132.00 price objective on shares of Cargojet and gave the stock an “outperform” rating in a research report on Friday, September 5th. Scotiabank lowered their price target on shares of Cargojet from C$140.00 to C$135.00 in a research note on Friday, October 3rd. TD Securities cut their price target on shares of Cargojet from C$160.00 to C$120.00 and set a “buy” rating on the stock in a research report on Thursday. Stifel Nicolaus reduced their price objective on shares of Cargojet from C$130.00 to C$120.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Finally, Acumen Capital decreased their price objective on Cargojet from C$175.00 to C$170.00 and set a “buy” rating for the company in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. Based on data from MarketBeat.com, Cargojet has a consensus rating of “Buy” and a consensus target price of C$137.54.

Cargojet Trading Up 2.6%

TSE:CJT opened at C$69.33 on Friday. The company has a market cap of C$1.08 billion, a P/E ratio of 8.81 and a beta of 0.85. Cargojet has a twelve month low of C$65.60 and a twelve month high of C$139.54. The business has a 50 day moving average price of C$89.80 and a two-hundred day moving average price of C$94.09. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69.

Cargojet Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 19th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.0%. Cargojet’s dividend payout ratio is presently 17.79%.

About Cargojet

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.