Cargojet Stock Price, News & Analysis (TSE:CJT) C$96.50 +0.84 (+0.88%) (As of 11/28/2023 ET) Add Compare Share Share Today's RangeC$94.65▼C$97.5550-Day RangeC$78.69▼C$97.5052-Week RangeC$76.50▼C$139.48Volume72,271 shsAverage Volume55,155 shsMarket CapitalizationC$1.66 billionP/E Ratio22.34Dividend Yield1.31%Price TargetC$137.82 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Cargojet MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside42.8% UpsideC$137.82 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 stars 4.3 Analyst's Opinion Consensus RatingCargojet has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$137.82, Cargojet has a forecasted upside of 42.8% from its current price of C$96.50.Amount of Analyst CoverageCargojet has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CJT. Previous Next 1.7 Dividend Strength Dividend YieldCargojet pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCargojet does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cargojet is 29.17%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CJT. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Cargojet this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for CJT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows6 people have added Cargojet to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cargojet insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.65% of the stock of Cargojet is held by insiders.Percentage Held by Institutions50.30% of the stock of Cargojet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cargojet is 22.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Cargojet is 22.34, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 435.98.Price to Book Value per Share RatioCargojet has a P/B Ratio of 1.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cargojet Stock (TSE:CJT)Cargojet Inc. provides time sensitive overnight air cargo services in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an ad hoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2022, it operated a fleet of 39 aircraft. The company was founded in 2001 and is headquartered in Mississauga, Canada.Read More CJT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CJT Stock News HeadlinesNovember 23, 2023 | americanbankingnews.comCargojet Inc. (TSE:CJT) Receives C$137.82 Consensus Price Target from AnalystsNovember 23, 2023 | americanbankingnews.comCargojet Inc. (TSE:CJT) Receives Consensus Rating of "Moderate Buy" from BrokeragesNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 14, 2023 | finance.yahoo.comCargojet Announces the Redemption of its 5.75% Senior Unsecured Hybrid Debentures due April 30, 2024November 13, 2023 | finance.yahoo.comCargojet founder Virmani passes torch to co-CEOsNovember 13, 2023 | ca.finance.yahoo.comCargojet CEO Ajay Virmani moving to executive chair role, names co-CEOsNovember 13, 2023 | theglobeandmail.comCargojet founder Ajay Virmani moving to executive chair role, names co-CEOsNovember 13, 2023 | finance.yahoo.comCargojet Announces Leadership Transition as CEO assumes Role of Executive ChairmanNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 13, 2023 | finance.yahoo.comCargojet Announces Leadership Transition and Appoints Co-CEOsNovember 11, 2023 | finance.yahoo.comCargojet's (TSE:CJT) Dividend Will Be Increased To CA$0.3146November 7, 2023 | msn.com3 Reasons I’m Buying Cargojet Stock TodayNovember 7, 2023 | theglobeandmail.comCargojet reports third-quarter profit, total revenue down from year agoNovember 3, 2023 | theglobeandmail.comLight Week for Macroeconomic NumbersNovember 1, 2023 | morningstar.comCargojet Inc CJTNovember 1, 2023 | markets.businessinsider.comCanadian Market Gaining For Third Straight DayOctober 31, 2023 | finance.yahoo.comCargojet (TSE:CJT) investors are sitting on a loss of 63% if they invested three years agoOctober 28, 2023 | msn.com3 Bearish Stocks That Look Ready to Come Out of HibernationOctober 27, 2023 | msn.com3 Dividend Stocks at 52-Week Lows to Buy Now!October 17, 2023 | finance.yahoo.comIs Cargojet Inc. (TSE:CJT) Trading At A 48% Discount?October 14, 2023 | theglobeandmail.comClosing Bell: Cargojet Inc 5.25 Pct Debs flat on Wednesday (CJT-DB-F)October 4, 2023 | msn.comDown 24% Year to Date, Is Cargojet Stock a Buy Today?October 2, 2023 | msn.comThese 2 Discounted Stocks Are Ready for a ComebackOctober 1, 2023 | markets.businessinsider.comTSX Ends On Weak Note, Sheds 1.2% In WeekSeptember 29, 2023 | finance.yahoo.comDeclining Stock and Solid Fundamentals: Is The Market Wrong About Cargojet Inc. (TSE:CJT)?September 23, 2023 | msn.comBuy the Dip: 3 Stocks to Buy Today for a Big Profit in 5 YearsSeptember 19, 2023 | markets.businessinsider.comTSX Ends Sharply Lower As Stocks Fall After Inflation Data Fuels Rate ConcernsSee More Headlines Receive CJT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cargojet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/5 Dividend9/19/2023Dividend Payable10/05/2023Last Earnings11/07/2023Today11/29/2023Ex-Dividend for 1/5 Dividend12/19/2023Dividend Payable1/05/2024Next Earnings (Estimated)3/04/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Integrated Freight & Logistics Sub-IndustryN/A SectorIndustrials Current SymbolTSE:CJT CUSIPN/A CIKN/A Webwww.cargojet.com Phone+1-905-5017373FaxN/AEmployees1,817Year FoundedN/APrice Target and Rating Average Stock Price TargetC$137.82 High Stock Price TargetC$187.00 Low Stock Price TargetC$100.00 Potential Upside/Downside+42.8%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.32 Trailing P/E Ratio22.34 Forward P/E Ratio31.23 P/E GrowthN/ANet IncomeC$75 million Net Margins8.13% Pretax MarginN/A Return on Equity8.70% Return on Assets3.33% Debt Debt-to-Equity Ratio90.66 Current Ratio0.65 Quick Ratio0.79 Sales & Book Value Annual SalesC$922.60 million Price / Sales1.80 Cash FlowC$0.28 per share Price / Cash Flow347.16 Book ValueC$51.69 per share Price / Book1.87Miscellaneous Outstanding Shares17,210,000Free FloatN/AMarket CapC$1.66 billion OptionableNot Optionable Beta0.95 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Ajay Kumar Virmani MBA (Age 67)Founder, CEO, President & Director Comp: $3.2MMr. Scott D. CalverChief Financial OfficerMr. Jamie Bennett PorteousChief Strategy OfficerMr. Paul David RinaldoSenior Vice President of Fleet Management & Support ServicesMs. Pauline DhillonChief Corporate OfficerMr. Sanjeev MainiVice President of FinanceMs. Anju Virmani (Age 68)Chief Information Officer Mr. Fernando GarciaVice President of Legal & Corporate GovernanceMr. George SugarSenior Vice President of Regulatory ComplianceMr. John Kim CPACA, ConsultantMore ExecutivesKey CompetitorsAndlauer Healthcare GroupTSE:ANDWestshore Terminals InvestmentTSE:WTEBrookfield Business PartnersTSE:BBU.UNBadger DaylightingTSE:BADBallard Power SystemsTSE:BLDPView All Competitors CJT Stock Analysis - Frequently Asked Questions Should I buy or sell Cargojet stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CJT shares. View CJT analyst ratings or view top-rated stocks. What is Cargojet's stock price target for 2024? 10 Wall Street analysts have issued 1-year target prices for Cargojet's shares. Their CJT share price targets range from C$100.00 to C$187.00. On average, they expect the company's stock price to reach C$137.82 in the next twelve months. This suggests a possible upside of 42.8% from the stock's current price. View analysts price targets for CJT or view top-rated stocks among Wall Street analysts. How have CJT shares performed in 2023? Cargojet's stock was trading at C$116.35 at the beginning of the year. Since then, CJT shares have decreased by 17.1% and is now trading at C$96.50. View the best growth stocks for 2023 here. When is Cargojet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 4th 2024. View our CJT earnings forecast. How were Cargojet's earnings last quarter? Cargojet Inc. (TSE:CJT) released its quarterly earnings data on Tuesday, November, 7th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by $0.55. The firm had revenue of $214 million for the quarter, compared to the consensus estimate of $218.75 million. Cargojet had a net margin of 8.13% and a trailing twelve-month return on equity of 8.70%. How often does Cargojet pay dividends? What is the dividend yield for Cargojet? Cargojet declared a quarterly dividend on Tuesday, November 7th. Stockholders of record on Wednesday, December 20th will be given a dividend of 0.029 per share on Friday, January 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.12%. The ex-dividend date of this dividend is Tuesday, December 19th. Read our dividend analysis for CJT. Is Cargojet a good dividend stock? Cargojet (TSE:CJT) pays an annual dividend of C$1.26 per share and currently has a dividend yield of 1.32%. The dividend payout ratio is 29.17%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CJT. What other stocks do shareholders of Cargojet own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cargojet investors own include Air Canada (AC), Toronto-Dominion Bank (TD), Enbridge (ENB), Royal Bank of Canada (RY), Alimentation Couche-Tard (ATD.B), Lightspeed Commerce (LSPD), Shopify (SHOP), Brookfield Asset Management (BAM) and CENTRIC HEALTH (CHH). How do I buy shares of Cargojet? Shares of CJT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CJT) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cargojet Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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