Brokers Offer Predictions for Cargojet Q2 Earnings

Cargojet Inc. (TSE:CJT) – Equities research analysts at Raymond James Financial issued their Q2 2026 earnings estimates for shares of Cargojet in a report issued on Thursday, November 6th. Raymond James Financial analyst S. Hansen expects that the company will post earnings per share of $0.81 for the quarter. Raymond James Financial currently has a “Moderate Buy” rating on the stock. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share.

CJT has been the topic of several other reports. CIBC lowered their price objective on Cargojet from C$142.00 to C$132.00 in a research note on Wednesday, October 8th. Acumen Capital decreased their price target on Cargojet from C$175.00 to C$170.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. Stifel Nicolaus lowered their price target on Cargojet from C$130.00 to C$120.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. National Bankshares dropped their price objective on Cargojet from C$123.00 to C$120.00 and set an “outperform” rating for the company in a research note on Wednesday, October 15th. Finally, Desjardins set a C$149.00 price objective on Cargojet and gave the company a “buy” rating in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, Cargojet has a consensus rating of “Buy” and an average target price of C$137.54.

Cargojet Stock Performance

TSE:CJT opened at C$69.33 on Friday. The firm has a market capitalization of C$1.08 billion, a PE ratio of 8.81 and a beta of 0.85. 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 has a 12-month low of C$65.60 and a 12-month high of C$139.54. The firm has a 50-day moving average price of C$89.80 and a 200 day moving average price of C$94.09.

Cargojet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Investors 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 yield of 2.0%. Cargojet’s dividend payout ratio is 17.79%.

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.