Chorus Aviation Inc. (TSE:CHR) Receives C$30.88 Consensus PT from Analysts

Shares of Chorus Aviation Inc. (TSE:CHR) have been given a consensus rating of “Buy” by the seven analysts that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$30.88.

Separately, TD upped their target price on Chorus Aviation from C$31.00 to C$32.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th.

Chorus Aviation Stock Performance

Shares of CHR stock opened at C$24.34 on Friday. Chorus Aviation has a 52 week low of C$19.56 and a 52 week high of C$25.28. The company has a market capitalization of C$559.38 million, a price-to-earnings ratio of 9.36, a PEG ratio of 0.65 and a beta of 1.78. The company has a 50-day simple moving average of C$24.37 and a 200 day simple moving average of C$23.25. The company has a debt-to-equity ratio of 76.81, a quick ratio of 0.53 and a current ratio of 1.38.

Chorus Aviation (TSE:CHR) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.29 earnings per share for the quarter. The firm had revenue of C$325.42 million for the quarter. Chorus Aviation had a net margin of 5.16% and a return on equity of 12.73%. On average, sell-side analysts predict that Chorus Aviation will post 0.3 earnings per share for the current year.

Chorus Aviation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, June 15th. Chorus Aviation’s dividend payout ratio (DPR) is presently 10.38%.

Chorus Aviation Company Profile

Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services.