Desjardins Weighs in on Cargojet's Q3 Earnings (TSE:CJT)

Key Points

• Desjardins analysts estimate Cargojet will earn $0.74 per share in Q3 2025, with a target price of C$149.00 and a "Buy" rating.
• Cargojet's stock has recently seen an increase, with its market cap currently at C$1.42 billion and a PE ratio of 10.42.
• The company declared a quarterly dividend of $0.35, representing a 1.5% yield and a payout ratio of 15.52%.

Cargojet Inc. (TSE:CJT - Free Report) - Equities research analysts at Desjardins issued their Q3 2025 earnings per share (EPS) estimates for shares of Cargojet in a report issued on Tuesday, September 30th. Desjardins analyst B. Poirier forecasts that the company will earn $0.74 per share for the quarter. Desjardins has a "Buy" rating and a $149.00 price objective on the stock. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Desjardins also issued estimates for Cargojet's Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $5.16 EPS, FY2026 earnings at $6.11 EPS and FY2027 earnings at $6.69 EPS.

Several other equities analysts have also recently commented on the company. Scotiabank increased their target price on Cargojet from C$138.00 to C$140.00 and gave the company an "outperform" rating in a research note on Friday, August 8th. Stifel Nicolaus increased their target price on Cargojet from C$125.00 to C$130.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Raymond James Financial set a C$132.00 target price on Cargojet and gave the company an "outperform" rating in a research note on Friday, September 5th. ATB Capital reduced their target price on Cargojet from C$155.00 to C$145.00 and set an "outperform" rating for the company in a research note on Friday, August 8th. Finally, TD Securities increased their target price on Cargojet from C$150.00 to C$160.00 and gave the company a "buy" rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of C$146.93.

Cargojet Stock Up 2.2%

TSE CJT opened at C$94.00 on Thursday. The stock has a market cap of C$1.42 billion, a PE ratio of 10.42 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 business has a 50 day moving average price of C$99.81 and a two-hundred day moving average price of C$93.61. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69.

Cargojet Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Friday, September 19th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. Cargojet's payout ratio is currently 15.52%.

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.

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