Cargojet Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cargojet stock.
View analyst ratings for Cargojet or view top-rated stocks.

10 Wall Street analysts have issued 1-year price objectives for Cargojet's shares. Their CJT stock forecasts range from C$165.00 to C$302.00. On average, they predict Cargojet's stock price to reach C$212.30 in the next twelve months. This suggests a possible upside of 48.2% from the stock's current price.
View analysts' price targets for Cargojet or view top-rated stocks among Wall Street analysts.

Cargojet's stock was trading at C$166.57 at the beginning of the year. Since then, CJT stock has decreased by 14.0% and is now trading at C$143.27.
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Cargojet is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Cargojet.

Cargojet Inc. (TSE:CJT) released its quarterly earnings results on Monday, May, 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.52 by $0.82. The firm had revenue of $233.60 million for the quarter, compared to the consensus estimate of $210.03 million.
View Cargojet's earnings history.

Cargojet declared a quarterly dividend on Friday, June 17th. Shareholders of record on Tuesday, July 5th will be paid a dividend of 0.286 per share on Tuesday, July 5th. This represents a $1.14 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Friday, June 17th. This is an increase from Cargojet's previous quarterly dividend of C$0.26.
View Cargojet's dividend history.

Cargojet(TSE:CJT) pays an annual dividend of C$1.04 per share and currently has a dividend yield of 0.79%. The dividend payout ratio of Cargojet is 102.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Cargojet's dividend history.

Some companies that are related to Cargojet include Clipper Logistics (CLG), Wincanton (WIN), DX (Group) (DX), Titanium Transportation Group (TTR), Eddie Stobart Logistics plc (ESL.L) (ESL), Xpediator (XPD), CTI Logistics (CLX), Deutsche Post (DPW), DSV A/S (DSDVF), K&S (KSC), Prosegur Cash (PGUUF), Qube (QUB), Royal Mail (ROYMF) and Wiseway Group (WWG).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cargojet investors own include Brookfield Asset Management (BAM.A), 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).

Cargojet trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CJT."

Shares of CJT 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.
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One share of CJT stock can currently be purchased for approximately C$143.27.

Cargojet (TSE:CJT) has a market capitalization of C$2.48 billion and generates C$831.10 million in revenue each year.

Cargojet employs 1,496 workers across the globe.

Cargojet's mailing address is 6-350 Britannia Rd E, MISSISSAUGA, ON L4Z 1X9, Canada. The official website for Cargojet is www.cargojet.com. The company can be reached via phone at +1-905-5017373.