What is Cormark's Estimate for Cargojet Q3 Earnings?

Cargojet Inc. (TSE:CJT - Free Report) - Equities researchers at Cormark dropped their Q3 2025 EPS estimates for Cargojet in a note issued to investors on Friday, April 25th. Cormark analyst D. Ocampo now forecasts that the company will post earnings per share of $1.42 for the quarter, down from their previous estimate of $1.53. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Cormark also issued estimates for Cargojet's Q1 2026 earnings at $1.33 EPS, Q2 2026 earnings at $1.40 EPS and Q3 2026 earnings at $1.59 EPS.

Other equities analysts have also issued reports about the company. CIBC cut their target price on Cargojet from C$163.00 to C$150.00 in a report on Thursday, April 10th. Scotiabank lowered their price target on Cargojet from C$165.00 to C$139.00 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd. BMO Capital Markets dropped their price target on shares of Cargojet from C$120.00 to C$95.00 in a research report on Tuesday, April 15th. National Bankshares decreased their price objective on shares of Cargojet from C$158.00 to C$151.00 and set an "outperform" rating for the company in a report on Thursday, January 30th. 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. Seven research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Cargojet has an average rating of "Buy" and a consensus target price of C$150.64.

Cargojet Stock Up 1.5 %

Shares of Cargojet stock traded up C$1.22 during midday trading on Monday, reaching C$85.25. 29,965 shares of the company's stock traded hands, compared to its average volume of 98,104. The company has a debt-to-equity ratio of 98.69, a quick ratio of 0.79 and a current ratio of 0.56. Cargojet has a 52 week low of C$69.60 and a 52 week high of C$144.97. The company's 50 day simple moving average is C$84.26 and its 200 day simple moving average is C$107.58. The company has a market cap of C$1.36 billion, a price-to-earnings ratio of 598.29 and a beta of 0.91.

Cargojet Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, April 4th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.40 annualized dividend and a yield of 1.64%. Cargojet's dividend payout ratio (DPR) is 982.53%.

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.