Air Canada Company Profile (TSE:AC)

About Air Canada (TSE:AC)

Air Canada logoAir Canada provides the U.S. transbonder and international airline services. The company offers scheduled passenger services under the Air Canada Express brand name in the Canadian market, the Canada-U.S. transbonder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers. It also provides air cargo services on domestic and the U.S. transborder routes, as well as on international routes between Canada and other markets in Europe, Asia, South America, and Australia. In addition, the company develops, markets, and distributes vacation packages, as well as offers cruises, tours, and excursions in the Caribbean, Mexico, Central and South America, Asia, Europe, and the United States. The company was founded in 1937 and is headquartered in Saint-Laurent, Canada.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:AC
  • CUSIP: N/A
  • Web:
  • Market Cap: C$7.47 billion
  • Outstanding Shares: 271,610,000
Average Prices:
  • 50 Day Moving Avg: C$21.96
  • 200 Day Moving Avg: C$17.12
  • 52 Week Range: C$9.13 - C$27.68
  • Trailing P/E Ratio: 9.01
  • P/E Growth: 0.34
Sales & Book Value:
  • Annual Revenue: C$15.43 billion
  • Price / Sales: 0.48
  • Book Value: C$4.41 per share
  • Price / Book: 6.24
  • EBIDTA: C$2.1 billion
  • Net Margins: 7.67%
  • Return on Equity: 113.41%
  • Return on Assets: 7.40%
  • Average Volume: 1.40 million shs.
  • Short Ratio: 8.03

Frequently Asked Questions for Air Canada (TSE:AC)

What is Air Canada's stock symbol?

Air Canada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "AC."

How were Air Canada's earnings last quarter?

Air Canada (TSE:AC) released its earnings results on Thursday, August, 7th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. The business had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $3.32 billion. Air Canada had a return on equity of 113.41% and a net margin of 7.67%. View Air Canada's Earnings History.

When will Air Canada make its next earnings announcement?

Air Canada is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Air Canada.

Where is Air Canada's stock going? Where will Air Canada's stock price be in 2017?

12 equities research analysts have issued 1 year price objectives for Air Canada's stock. Their forecasts range from C$15.00 to C$40.00. On average, they anticipate Air Canada's share price to reach C$28.30 in the next twelve months. View Analyst Ratings for Air Canada.

Who are some of Air Canada's key competitors?

Who are Air Canada's key executives?

Air Canada's management team includes the folowing people:

  • Vagn Ove Soerensen, Independent Chairman of the Board
  • Calin Rovinescu, President, Chief Executive Officer, Director
  • Michael Stewart Rousseau, Chief Financial Officer, Executive Vice President
  • Craig Landry, President - Air Canada Leisure Group
  • Benjamin M. Smith, President - Passenger Airlines
  • Klaus Goersch, Chief Operating Officer, Executive Vice President
  • Lise Fournel, Senior Vice President, Chief Information Officer
  • Marcel Forget, Senior Vice President - Commercial Strategy
  • Lucie Guillemette, Senior Vice President - Revenue Optimization
  • Kevin C. Howlet, Senior Vice President - Regional Markets and Government Relations

How do I buy Air Canada stock?

Shares of Air Canada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Air Canada's stock price today?

One share of Air Canada stock can currently be purchased for approximately C$27.51.

MarketBeat Community Rating for Air Canada (TSE AC)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  169 (Vote Underperform)
Total Votes:  415
MarketBeat's community ratings are surveys of what our community members think about Air Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Air Canada (TSE:AC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 7 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.92)
Consensus Price Target: C$28.30

Analysts' Ratings History for Air Canada (TSE:AC)
DateFirmActionRatingPrice TargetDetails
9/20/2017ScotiabankBoost Price TargetSector PerformC$27.00 -> C$28.50View Rating Details
9/20/2017Royal Bank Of CanadaBoost Price TargetTop PickC$26.00 -> C$31.00View Rating Details
9/20/2017Cowen and CompanyUpgradeMarket Perform -> OutperformC$23.00 -> C$40.00View Rating Details
9/20/2017Canaccord GenuityBoost Price TargetBuyC$27.00 -> C$31.00View Rating Details
9/20/2017BMO Capital MarketsReiterated RatingOutperformC$34.00View Rating Details
8/2/2017TD SecuritiesBoost Price TargetAction List BuyC$25.00 -> C$34.00View Rating Details
8/2/2017CIBCBoost Price TargetC$23.00 -> C$27.00View Rating Details
7/17/2017MacquarieBoost Price TargetOutperform -> NeutralC$18.00 -> C$22.50View Rating Details
6/29/2017National Bank FinancialBoost Price TargetC$18.50 -> C$20.00View Rating Details
5/18/2017Beacon SecuritiesReiterated RatingBuyView Rating Details
5/15/2017Raymond James Financial, Inc.Boost Price TargetMarket PerformC$12.50 -> C$15.00View Rating Details
9/29/2016CSFBReiterated RatingOutperformView Rating Details
2/16/2016AltaCorp CapitalLower Price TargetOutperformC$26.00 -> C$23.00View Rating Details
2/4/2016Paradigm CapitalLower Price TargetBuyC$18.00View Rating Details
1/29/2016CormarkDowngradeTop Pick -> BuyView Rating Details
(Data available from 9/24/2015 forward)


Earnings History for Air Canada (TSE:AC)
Earnings by Quarter for Air Canada (TSE:AC)
Earnings History by Quarter for Air Canada (TSE AC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
8/7/2014C$0.46C$0.47C$3.32 billionC$3.31 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Air Canada (TSE:AC)
2017 EPS Consensus Estimate: $2.90
2018 EPS Consensus Estimate: $4.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.60)($0.60)($0.60)
Q2 20172$0.10$0.21$0.16
Q3 20172$2.87$3.46$3.17
Q4 20171$0.18$0.18$0.18
Q1 20181($0.01)($0.01)($0.01)
Q2 20181$0.97$0.97$0.97
Q3 20181$3.73$3.73$3.73
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)


Dividend History for Air Canada (TSE:AC)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Air Canada (TSE:AC)
Insider Trades by Quarter for Air Canada (TSE:AC)
Insider Trades by Quarter for Air Canada (TSE:AC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2017Lucie GuillemetteInsiderSell1,941C$23.18C$44,992.38
8/14/2017Benjamin M SmithDirectorSell50C$22.92C$1,146.00
8/11/2017Arielle Meloul-WechslerInsiderSell2,021C$21.50C$43,451.50
8/10/2017Yves DufresneInsiderSell1,677C$22.15C$37,145.55
8/8/2017Kevin C HowlettInsiderSell30,769C$22.00C$676,918.00
8/3/2017Calin RovinescuDirectorSell925,481C$20.72C$19,175,966.32
8/3/2017Michael Stewart RousseauInsiderSell40,000C$21.20C$848,000.00
6/9/2017Michael Stewart RousseauInsiderSell34,992C$18.00C$629,856.00
6/8/2017Michael Stewart RousseauInsiderSell52,000C$18.04C$938,080.00
6/6/2017Arielle Meloul-WechslerInsiderSell7,064C$17.62C$124,467.68
6/5/2017Craig LandryInsiderSell12,989C$17.76C$230,684.64
5/30/2017James Anthony TaborInsiderSell2,037C$17.95C$36,564.15
5/25/2017Marcel ForgetInsiderSell5,000C$17.36C$86,800.00
5/24/2017Pierre HouleInsiderSell978C$17.28C$16,899.84
5/15/2017Mark GalardoInsiderSell618C$16.26C$10,048.68
3/16/2017Lise FournelInsiderSell4,000C$13.72C$54,880.00
3/15/2017Lise FournelInsiderSell10,000C$13.29C$132,900.00
3/14/2017Pierre HouleInsiderSell560C$13.30C$7,448.00
3/2/2017Mark GalardoInsiderSell467C$14.00C$6,538.00
2/23/2017Chris IsfordInsiderSell20,273C$13.69C$277,537.37
(Data available from 1/1/2013 forward)


Headline Trends for Air Canada (TSE:AC)
Latest Headlines for Air Canada (TSE:AC)
DateHeadline logoAir Canada Soars ~11% in a Day: Can it Fly Even Higher? | The ... - The Motley Fool Canada - September 23 at 3:34 PM logoShares of Air Canada Rise As It Vows To Challenge Low-Cost Competitors - - September 20 at 3:18 PM logoRoyal Bank Of Canada Boosts Air Canada (AC) Price Target to C$31.00 - September 20 at 3:16 PM logoAir Canada (AC) Rating Increased to Outperform at Cowen and Company - September 20 at 3:16 PM logoAir Canada (AC) PT Raised to C$28.50 at Scotiabank - September 20 at 3:16 PM logoAir Canada's (AC) "Outperform" Rating Reaffirmed at BMO Capital Markets - September 20 at 3:16 PM logoAir Canada (AC) Given New C$31.00 Price Target at Canaccord Genuity - September 20 at 3:16 PM logoUpdate: TSX Adds 56 Points in Broad-Based Advance Paced by Telecoms - Nasdaq - September 20 at 1:24 AM logoAir Canada seeks credit card partners to boost loyalty program - September 19 at 8:24 PM logoAir Canada And AAR Conclude $500M CAD Agreement For Airframe Maintenance In Quebec, Canada - September 19 at 8:24 PM logoBay Street In Chipper Mood These Days -- Canadian Commentary - Nasdaq - September 19 at 3:23 PM logoAir Canada Establishes New Targets for 2018-2020 and Provides Update on its Loyalty Business - September 19 at 3:23 PM logoAir Canada Seeks Bank Partner for $1.6 Billion Loyalty Plan - September 19 at 3:23 PM logoCANADA STOCKS-TSX hits six-week high as energy, financials drive gains - September 19 at 3:23 PM logoAir Canada and AAR Conclude $500M CAD Agreement for Airframe Maintenance in Québec, Canada - September 19 at 3:23 PM logoAir Canada Provides Humanitarian Relief of Essential Supplies to Regions Affected by Hurricane Irma - September 18 at 8:35 PM logoQ3 2017 EPS Estimates for Air Canada (AC) Lifted by Analyst - September 18 at 1:26 AM logoAir Canada (AC) Receives Consensus Rating of "Buy" from Brokerages - September 16 at 12:40 PM logoAir Canada Announces New Appointment to its Board of Directors - September 15 at 3:29 PM logoInvesting for Beginners: Tips for Navigating High-Flying Airline Stocks - The Motley Fool Canada - September 14 at 3:20 PM logoDoes Air Canada’s (TSX:AC) PE Ratio Warrant A Buy? - September 14 at 3:20 PM logoAir Canada Announces Appointment of Catherine Dyer as Chief Information Officer - September 14 at 3:20 PM logoIn Europe and Canada, New Looks for Classic Hotels - September 14 at 1:33 AM logoAir Canada Provides Further Details on Amendments to Long-Term Collective Agreement with Pilots - September 13 at 8:31 PM logoCanadian Stocks Are Extending Yesterday's Gains - Canadian Commentary - Nasdaq - September 12 at 3:24 PM logoHow the Surging Loonie Can Make You Rich - The Motley Fool Canada - September 12 at 3:24 PM logoIs the Canadian Dollar Heading to Parity With US Currency Again? - The Motley Fool Canada - September 11 at 8:58 PM logoWhat's That Silver Plane in the Air? Air Canada's Lockheed 10-A Takes to the Skies to Mark the Airline's 80th Anniversary - September 9 at 3:18 PM logoAir Canada Operating 24 Extra Flights for Customers Impacted by Hurricane Irma - September 7 at 1:23 AM logoJinkoSolar Partners with Enphase Energy to Create Plug and Play AC Module - September 5 at 3:31 PM logoOntario mother wants answers from Air Canada after daughter left unaccompanied on flight from U.S. - September 1 at 1:28 AM logoToronto's AC Centre to be renamed Scotiabank Arena in C$800 million deal - Reuters - August 30 at 3:22 PM logoFrosty Air Canada flight leaves passenger steaming: Roseman - August 30 at 1:57 AM logoETFs with exposure to Air Canada : August 28, 2017 - August 28 at 8:34 PM logoAir Canada as a long-term investment? Believe it - The Globe and Mail - August 25 at 4:58 PM logoLucie Guillemette Sells 1,941 Shares of Air Canada (AC) Stock - August 25 at 4:32 PM logoFAA To Airlines: San Francisco Near-Disaster Is Teaching Moment - August 23 at 3:21 PM logoDespite Rising Nearly 70%, Air Canada Remains a Strong Buy - August 22 at 8:38 PM logoDespite Rising Nearly 70%, Air Canada Remains a Strong Buy - - August 22 at 3:38 PM logoAir Canada (AC) Given Average Rating of "Buy" by Brokerages - August 22 at 12:50 PM logoETFs with exposure to Air Canada : August 16, 2017 - August 16 at 8:26 PM logo[$$] Why Savvy U.S. Fliers Take Air Canada - August 16 at 3:22 PM logoInsider Selling: Air Canada (TSE:AC) Insider Sells 2,021 Shares of Stock - August 14 at 11:46 PM logoYves Dufresne Sells 1,677 Shares of Air Canada (TSE:AC) Stock - August 14 at 11:46 PM logoAre Turbulent Times Ahead for Air Canada? - The Motley Fool Canada - August 14 at 3:29 PM logoWhy Air Canada Remains a Value Play Despite the Recent Run Up - - August 11 at 8:45 PM logoAir Canada: Growing Free Cash Flow Is Transforming the Airline Business - The Motley Fool Canada - August 10 at 4:52 PM logoKevin C. Howlett Sells 30,769 Shares of Air Canada (AC) Stock - August 8 at 7:44 PM logoAir Canada (TSE:AC) Director Calin Rovinescu Sells 925,481 Shares - August 4 at 7:36 PM logoAir Canada Silence Deletes Critical Data In San Francisco Near Disaster - August 4 at 3:27 PM



Air Canada (AC) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff