Cargojet FY2026 EPS Lifted by National Bank Financial

Cargojet Inc. (TSE:CJT) – Equities research analysts at National Bank Financial boosted their FY2026 earnings per share (EPS) estimates for Cargojet in a research note issued to investors on Monday, July 14th. National Bank Financial analyst C. Doerksen now anticipates that the company will earn $6.53 per share for the year, up from their previous forecast of $6.13. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share.

Several other equities analysts have also recently weighed in on the company. Scotiabank dropped their price objective on Cargojet from C$165.00 to C$139.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 2nd. Stifel Canada upgraded Cargojet to a “strong-buy” rating in a research note on Wednesday, June 11th. BMO Capital Markets reduced their target price on Cargojet from C$120.00 to C$95.00 in a report on Tuesday, April 15th. TD Securities boosted their price objective on Cargojet from C$150.00 to C$154.00 and gave the stock a “buy” rating in a report on Friday, April 25th. Finally, Royal Bank Of Canada dropped their target price on Cargojet from C$183.00 to C$177.00 in a research report on Monday, April 28th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Cargojet has a consensus rating of “Buy” and an average price target of C$148.50.

Cargojet Stock Performance

Shares of CJT stock opened at C$102.94 on Thursday. The company has a market cap of C$1.65 billion, a price-to-earnings ratio of 722.44 and a beta of 0.91. Cargojet has a 52 week low of C$69.60 and a 52 week high of C$144.97. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69. The firm has a 50 day moving average of C$96.57 and a 200-day moving average of C$96.91.

Cargojet Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 4th. Investors of record on Friday, July 4th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Friday, June 20th. Cargojet’s dividend payout ratio is currently 982.53%.

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.