Raymond James Financial Weighs in on Cargojet Q3 Earnings

Key Points

• Raymond James Financial predicts Cargojet will earn $1.40 per share in Q3 2025, maintaining a "Moderate Buy" rating on the stock.
• Scotiabank has raised its price target for Cargojet from C$138.00 to C$140.00, while Acumen Capital reduced it from C$175.00 to C$170.00.
• Cargojet recently declared a quarterly dividend of $0.35, resulting in an annualized yield of 1.4% and a dividend payout ratio of 15.52%.

Cargojet Inc. (TSE:CJT - Free Report) - Raymond James Financial issued their Q3 2025 earnings per share estimates for Cargojet in a research note issued on Thursday, September 4th. Raymond James Financial analyst S. Hansen expects that the company will post earnings of $1.40 per share for the quarter. Raymond James Financial currently has a "Moderate Buy" rating on the stock. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Raymond James Financial also issued estimates for Cargojet's Q4 2025 earnings at $1.83 EPS, FY2025 earnings at $5.87 EPS and FY2026 earnings at $6.75 EPS.

A number of other analysts have also recently issued reports on CJT. ATB Capital reduced their price objective on Cargojet from C$155.00 to C$145.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Acumen Capital reduced their price objective on Cargojet from C$175.00 to C$170.00 and set a "buy" rating for the company in a research report on Monday, August 11th. TD Securities lifted their price objective on Cargojet from C$150.00 to C$160.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Stifel Canada raised Cargojet to a "strong-buy" rating in a research report on Wednesday, June 11th. Finally, Scotiabank boosted their price target on Cargojet from C$138.00 to C$140.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of C$146.77.

Cargojet Stock Down 0.6%

CJT traded down C$0.55 during trading on Monday, reaching C$98.09. 48,666 shares of the stock traded hands, compared to its average volume of 84,298. The stock has a market cap of C$1.48 billion, a price-to-earnings ratio of 10.87 and a beta of 1.26. Cargojet has a fifty-two week low of C$69.60 and a fifty-two week high of C$144.97. 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 stock's 50-day simple moving average is C$101.58 and its two-hundred day simple moving average is C$93.18.

Cargojet Announces Dividend

The firm also recently disclosed 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 dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, June 20th. Cargojet's payout ratio is currently 15.52%.

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.