Stifel Canada Analysts Cut Earnings Estimates for Cargojet

Cargojet Inc. (TSE:CJT) – Equities researchers at Stifel Canada cut their FY2025 earnings per share (EPS) estimates for shares of Cargojet in a report issued on Sunday, November 9th. Stifel Canada analyst D. Young now anticipates that the company will post earnings of $3.86 per share for the year, down from their previous forecast of $4.67. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Stifel Canada also issued estimates for Cargojet’s Q4 2025 earnings at $0.90 EPS and FY2026 earnings at $4.19 EPS.

A number of other research analysts have also commented on CJT. Desjardins set a C$149.00 price objective on shares of Cargojet and gave the company a “buy” rating in a research report on Wednesday, October 1st. Acumen Capital lowered their price target on shares of Cargojet from C$175.00 to C$170.00 and set a “buy” rating on the stock in a report on Monday, August 11th. Raymond James Financial dropped their price objective on shares of Cargojet from C$132.00 to C$95.00 in a research note on Monday. ATB Capital reduced their price objective on shares of Cargojet from C$155.00 to C$145.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Finally, Scotiabank decreased their target price on shares of Cargojet from C$140.00 to C$135.00 in a research report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$133.15.

Cargojet Price Performance

Shares of Cargojet stock opened at C$72.23 on Wednesday. The company has a debt-to-equity ratio of 98.69, a current ratio of 0.56 and a quick ratio of 0.79. The company has a market cap of C$1.13 billion, a PE ratio of 9.18 and a beta of 0.85. The firm has a fifty day moving average price of C$87.98 and a two-hundred day moving average price of C$93.96. Cargojet has a fifty-two week low of C$65.60 and a fifty-two week high of C$135.13.

Cargojet (TSE:CJT) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C$0.58 earnings per share (EPS) for the quarter. The business had revenue of C$219.90 million for the quarter. Cargojet had a net margin of 0.25% and a return on equity of 0.31%.

Cargojet Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 19th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.9%. Cargojet’s dividend payout ratio is presently 17.79%.

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.