Shares of Cargojet Inc. (TSE:CJT – Get Free Report) have received an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is C$125.45.
Several equities analysts recently weighed in on CJT shares. BMO Capital Markets increased their price target on shares of Cargojet from C$90.00 to C$94.00 and gave the company a “market perform” rating in a research report on Thursday. Stifel Nicolaus boosted their target price on shares of Cargojet from C$100.00 to C$120.00 and gave the company a “buy” rating in a research note on Thursday. Scotiabank increased their target price on shares of Cargojet from C$115.00 to C$118.00 and gave the company an “outperform” rating in a research report on Thursday. TD Securities lowered 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 report on Thursday, November 6th. Finally, Desjardins upped their price objective on Cargojet from C$117.00 to C$126.00 in a research note on Thursday.
Read Our Latest Analysis on Cargojet
Cargojet Price Performance
Cargojet (TSE:CJT – Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported C$1.47 earnings per share (EPS) for the quarter. The firm had revenue of C$284.70 million during the quarter. Cargojet had a return on equity of 0.31% and a net margin of 0.25%. On average, equities analysts anticipate that Cargojet will post 5.890933 EPS for the current year.
Cargojet Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Monday, January 5th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, December 19th. Cargojet’s dividend payout ratio is currently 17.79%.
Key Cargojet News
Here are the key news stories impacting Cargojet this week:
- Positive Sentiment: Desjardins raised its price target to C$126 (from C$117), implying roughly ~28% upside from the reference price cited in the filings. Article Title
- Positive Sentiment: Stifel Nicolaus bumped its target to C$120 (from C$100) and reiterated a “buy” rating, signaling stronger conviction among sell‑side analysts. Article Title TickerReport
- Positive Sentiment: Scotiabank raised its target to C$118 (from C$115) and kept an “outperform” rating — another endorsement of upside potential. Article Title
- Positive Sentiment: CIBC lifted its target to C$116 (from C$106), adding to the cluster of double‑digit upside targets from Canadian banks. Article Title
- Neutral Sentiment: Q4 2025 earnings call transcript is available for investors to review, providing the underlying operational and margin details that likely informed the analyst revisions. Review the transcript for management commentary on capacity, contract renewals, fuel and labor costs. Earnings Transcript
- Negative Sentiment: BMO Capital Markets raised its target modestly to C$94 (from C$90) but kept a “market perform” stance — its target sits below the reference price and signals more caution relative to peers, which can limit upside and weigh on sentiment. Article Title TickerReport
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.
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