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Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners

Cargojet Stock Price, News & Analysis (TSE:CJT)

C$96.50
+0.84 (+0.88%)
(As of 11/28/2023 ET)
Compare
Today's Range
C$94.65
C$97.55
50-Day Range
C$78.69
C$97.50
52-Week Range
C$76.50
C$139.48
Volume
72,271 shs
Average Volume
55,155 shs
Market Capitalization
C$1.66 billion
P/E Ratio
22.34
Dividend Yield
1.31%
Price Target
C$137.82

Cargojet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
42.8% Upside
C$137.82 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Cargojet in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


CJT stock logo

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.

CJT Stock Price History

CJT Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix 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.com
Cargojet founder Virmani passes torch to co-CEOs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix 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.com
Light Week for Macroeconomic Numbers
Cargojet Inc CJT
Canadian Market Gaining For Third Straight Day
Is Cargojet Inc. (TSE:CJT) Trading At A 48% Discount?
TSX Ends On Weak Note, Sheds 1.2% In Week
See More Headlines
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Company Calendar

Ex-Dividend for 10/5 Dividend
9/19/2023
Dividend Payable
10/05/2023
Last Earnings
11/07/2023
Today
11/29/2023
Ex-Dividend for 1/5 Dividend
12/19/2023
Dividend Payable
1/05/2024
Next Earnings (Estimated)
3/04/2024

Industry, Sector and Symbol

Industry
Integrated Freight & Logistics
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,817
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$137.82
High Stock Price Target
C$187.00
Low Stock Price Target
C$100.00
Potential Upside/Downside
+42.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
10 Analysts

Profitability

Net Income
C$75 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$922.60 million
Cash Flow
C$0.28 per share
Book Value
C$51.69 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.66 billion
Optionable
Not Optionable
Beta
0.95
Beginners Guide To Retirement Stocks Cover

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Key Executives

  • Dr. Ajay Kumar Virmani MBA (Age 67)
    Founder, CEO, President & Director
    Comp: $3.2M
  • Mr. Scott D. Calver
    Chief Financial Officer
  • Mr. Jamie Bennett Porteous
    Chief Strategy Officer
  • Mr. Paul David Rinaldo
    Senior Vice President of Fleet Management & Support Services
  • Ms. Pauline Dhillon
    Chief Corporate Officer
  • Mr. Sanjeev Maini
    Vice President of Finance
  • Ms. Anju Virmani (Age 68)
    Chief Information Officer
  • Mr. Fernando Garcia
    Vice President of Legal & Corporate Governance
  • Mr. George Sugar
    Senior Vice President of Regulatory Compliance
  • Mr. John Kim CPA
    CA, Consultant














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

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