National Bank Financial Comments on Cargojet FY2026 Earnings

Cargojet Inc. (TSE:CJT - Free Report) - Equities research analysts at National Bank Financial lifted their FY2026 EPS estimates for shares of Cargojet in a report issued on Monday, July 14th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings per share of $6.53 for the year, up from their prior forecast of $6.13. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share.

CJT has been the subject of several other reports. Stifel Nicolaus set a C$125.00 target price on shares of Cargojet and gave the stock a "buy" rating in a research note on Thursday, June 12th. Royal Bank Of Canada lowered their target price on shares of Cargojet from C$183.00 to C$177.00 in a research note on Monday, April 28th. Stifel Canada raised shares of Cargojet to a "strong-buy" rating in a research note on Wednesday, June 11th. CIBC lowered their target price on shares of Cargojet from C$163.00 to C$150.00 in a research note on Thursday, April 10th. Finally, TD Securities lifted their target price on shares of Cargojet from C$150.00 to C$154.00 and gave the stock a "buy" rating in a research note on Friday, April 25th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$148.50.

Cargojet Trading Down 1.3%

CJT stock traded down C$1.36 during midday trading on Thursday, hitting C$101.58. The stock had a trading volume of 56,589 shares, compared to its average volume of 91,076. The firm has a market cap of C$1.63 billion, a PE ratio of 712.90 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. Cargojet has a 12-month low of C$69.60 and a 12-month high of C$144.97. The company's 50-day moving average price is C$96.57 and its 200 day moving average price is C$96.91.

Cargojet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 4th. Shareholders of record on Friday, July 4th were issued a $0.35 dividend. The ex-dividend date was Friday, June 20th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.38%. Cargojet's dividend payout ratio (DPR) is presently 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.