Cormark Analysts Cut Earnings Estimates for Cargojet

Cargojet Inc. (TSE:CJT) – Research analysts at Cormark dropped their Q3 2025 earnings per share (EPS) estimates for Cargojet in a research report issued on Friday, April 25th. Cormark analyst D. Ocampo now expects that the company will post earnings per share of $1.42 for the quarter, down from their prior forecast of $1.53. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Cormark also issued estimates for Cargojet’s Q1 2026 earnings at $1.33 EPS, Q2 2026 earnings at $1.40 EPS and Q3 2026 earnings at $1.59 EPS.

A number of other brokerages also recently commented on CJT. Canaccord Genuity Group upped their target price on shares of Cargojet from C$165.00 to C$173.00 in a research note on Wednesday, February 19th. TD Securities increased their price objective on Cargojet from C$150.00 to C$154.00 and gave the stock a “buy” rating in a research note on Friday. CIBC decreased 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 target on Cargojet from C$183.00 to C$177.00 in a research report on Monday. Finally, National Bankshares decreased their price objective on Cargojet from C$158.00 to C$151.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Cargojet presently has an average rating of “Buy” and an average price target of C$150.64.

Cargojet Trading Up 1.0 %

TSE CJT opened at C$85.20 on Monday. The stock has a market cap of C$1.36 billion, a PE ratio of 597.94 and a beta of 0.91. Cargojet has a 12 month low of C$69.60 and a 12 month high of C$144.97. The company’s 50-day moving average price is C$85.36 and its 200-day moving average price is C$108.44. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69.

Cargojet Dividend Announcement

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