TSE:CJT

Cargojet (CJT) Stock Price, News & Analysis

C$118.77
+1.69 (+1.44%)
(As of 05/2/2024 ET)
Today's Range
C$117.06
C$120.74
50-Day Range
C$104.91
C$123.00
52-Week Range
C$76.50
C$125.44
Volume
54,949 shs
Average Volume
46,079 shs
Market Capitalization
C$2.00 billion
P/E Ratio
54.48
Dividend Yield
1.06%
Price Target
C$148.91

Cargojet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
25.4% Upside
C$148.91 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Cargojet in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

CJT stock logo

About Cargojet Stock (TSE:CJT)

Cargojet Inc. provides time sensitive overnight air cargo services and carriers 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 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. The company operates a fleet of 41 aircraft. Cargojet Inc. was founded in 2001 and is headquartered in Mississauga, Canada.

CJT Stock Price History

CJT Stock News Headlines

Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Cargojet (CJT) Scheduled to Post Earnings on Monday
Cargojet Declares Quarterly Dividend
TSX Ends Modestly Lower
Canadian Market Down Marginally At Noon
Cargojet sees strong volumes after 2023 fleet reversal
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 4/5 Dividend
3/19/2024
Dividend Payable
4/05/2024
Today
5/02/2024
Next Earnings (Estimated)
8/12/2024

Industry, Sector and Symbol

Industry
Integrated Freight & Logistics
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,838
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$148.91
High Stock Price Target
C$182.00
Low Stock Price Target
C$115.00
Potential Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
C$37.30 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$877.50 million
Cash Flow
C$0.34 per share
Book Value
C$46.51 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.99 billion
Optionable
Not Optionable
Beta
1.03
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Key Executives

  • Dr. Ajay Kumar Virmani MBA (Age 68)
    Founder & Executive Chairman
    Comp: $1.76M
  • Mr. Jamie Bennett Porteous
    Co- Chief Executive Officer
  • Ms. Pauline Dhillon
    Co- Chief Executive Officer
  • Mr. Scott D. Calver
    Chief Financial Officer
  • Mr. Paul David Rinaldo
    Senior Vice President of Fleet Management & Support Services
  • Ms. Anju Virmani (Age 69)
    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
  • Mr. Gord Johnston
    Senior Vice President of Strategic Partnerships Sales

CJT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cargojet stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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?

9 brokers have issued 12-month target prices for Cargojet's shares. Their CJT share price targets range from C$115.00 to C$182.00. On average, they expect the company's share price to reach C$148.91 in the next year. This suggests a possible upside of 25.4% 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 2024?

Cargojet's stock was trading at C$119.17 at the start of the year. Since then, CJT shares have decreased by 0.3% and is now trading at C$118.77.
View the best growth stocks for 2024 here
.

When is Cargojet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our CJT earnings forecast
.

How were Cargojet's earnings last quarter?

Cargojet Inc. (TSE:CJT) issued its earnings results on Monday, February, 26th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $1.02. The firm had revenue of $221.90 million for the quarter, compared to the consensus estimate of $250.58 million. Cargojet had a trailing twelve-month return on equity of 4.62% and a net margin of 4.25%.

How often does Cargojet pay dividends? What is the dividend yield for Cargojet?

Cargojet declared a quarterly dividend on Friday, March 8th. Investors of record on Wednesday, March 20th will be given a dividend of 0.315 per share on Friday, April 5th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Tuesday, March 19th. This is a positive change from the stock's previous quarterly dividend of C$0.03.
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 1.09%. The dividend payout ratio is 57.80%. 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 5/2/2024 by MarketBeat.com Staff

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