Stifel Canada Brokers Lift Earnings Estimates for Cargojet

Key Points

• Stifel Canada has raised its Q3 2025 earnings per share estimate for Cargojet from $0.73 to $1.00, maintaining a "Strong-Buy" rating for the stock.
• Multiple brokerages have adjusted their target prices for Cargojet, with ATB Capital lowering it to C$145.00 and TD Securities raising it to C$160.00.
• Cargojet recently declared a quarterly dividend of $0.35, translating to an annual dividend yield of 1.4% despite a payout ratio of 982.53%.

Cargojet Inc. (TSE:CJT - Free Report) - Equities research analysts at Stifel Canada increased their Q3 2025 earnings per share (EPS) estimates for Cargojet in a research report issued to clients and investors on Sunday, August 10th. Stifel Canada analyst D. Young now forecasts that the company will earn $1.00 per share for the quarter, up from their prior forecast of $0.73. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Stifel Canada also issued estimates for Cargojet's FY2025 earnings at $5.22 EPS and FY2026 earnings at $5.86 EPS.

Several other analysts have also commented on the stock. Acumen Capital reduced 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 research report on Monday, August 11th. ATB Capital reduced their price target on shares of Cargojet from C$155.00 to C$145.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Scotiabank lifted their target price on shares of Cargojet from C$138.00 to C$140.00 and gave the company an "outperform" rating in a report on Friday, August 8th. Stifel Nicolaus lifted their target price on shares of Cargojet from C$125.00 to C$130.00 and gave the company a "buy" rating in a report on Monday, August 11th. Finally, Royal Bank Of Canada dropped their target price on shares of Cargojet from C$183.00 to C$177.00 in a report on Monday, April 28th. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$148.00.

Cargojet Trading Down 1.2%

Shares of CJT stock traded down C$1.30 during trading on Wednesday, hitting C$102.71. 28,561 shares of the stock traded hands, compared to its average volume of 87,804. The firm has a market capitalization of C$1.64 billion, a P/E ratio of 720.83 and a beta of 0.91. 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 firm's fifty day moving average price is C$99.68 and its 200-day moving average price is C$94.35. Cargojet has a 52-week low of C$69.60 and a 52-week high of C$144.97.

Cargojet Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 4th. Shareholders of record on Friday, July 4th were paid a $0.35 dividend. The ex-dividend date was Friday, June 20th. This represents a $1.40 annualized dividend and a dividend yield of 1.4%. Cargojet's payout ratio is 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.