Cormark Has Strong Estimate for Chorus Aviation Q3 Earnings

Key Points

• Cormark Brokers has raised its Q3 2025 earnings per share (EPS) estimate for Chorus Aviation to $0.65, an increase from a previous forecast of $0.58.
• Chorus Aviation announced a quarterly dividend of $0.08 per share, reflecting a 1.5% yield, which comes amidst a dividend payout ratio of -79.24%.
• Several firms, including TD Securities and Royal Bank of Canada, have raised their target prices on Chorus Aviation’s stock, with the consensus rating being a Moderate Buy and an average target price of C$17.24.

Chorus Aviation Inc. (TSE:CHR - Free Report) - Research analysts at Cormark upped their Q3 2025 EPS estimates for Chorus Aviation in a research report issued on Thursday, August 7th. Cormark analyst D. Ocampo now forecasts that the company will post earnings per share of $0.65 for the quarter, up from their prior forecast of $0.58. The consensus estimate for Chorus Aviation's current full-year earnings is $0.30 per share. Cormark also issued estimates for Chorus Aviation's Q4 2025 earnings at $0.72 EPS, FY2025 earnings at $2.59 EPS, Q1 2026 earnings at $0.45 EPS and Q2 2026 earnings at $0.57 EPS.

A number of other equities analysts have also recently commented on the stock. Royal Bank Of Canada lifted their price objective on shares of Chorus Aviation from C$25.00 to C$27.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Scotiabank boosted their price target on Chorus Aviation from C$23.50 to C$24.00 and gave the company a "sector perform" rating in a research note on Thursday, August 7th. CIBC upped their price objective on shares of Chorus Aviation from C$29.00 to C$30.00 and gave the stock an "outperform" rating in a research report on Thursday, August 7th. Finally, TD Securities boosted their target price on Chorus Aviation from C$27.00 to C$29.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of C$17.24.

Chorus Aviation Stock Down 1.0%

Shares of TSE:CHR traded down C$0.20 during midday trading on Monday, hitting C$20.61. The stock had a trading volume of 12,704 shares, compared to its average volume of 50,129. Chorus Aviation has a 12 month low of C$17.43 and a 12 month high of C$24.08. The company has a quick ratio of 0.53, a current ratio of 1.13 and a debt-to-equity ratio of 118.79. The business's 50-day simple moving average is C$21.76 and its 200-day simple moving average is C$19.24. The company has a market cap of C$559.77 million, a P/E ratio of -34.02, a PEG ratio of 0.65 and a beta of 2.14.

Chorus Aviation Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be paid a $0.08 dividend. The ex-dividend date is Thursday, July 31st. This represents a $0.32 annualized dividend and a yield of 1.6%. Chorus Aviation's dividend payout ratio (DPR) is currently -79.24%.

About Chorus Aviation

Chorus is an aviation solutions provider to customers worldwide. Its operating subsidiaries are: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines.