Atb Cap Markets Comments on Cargojet’s Q2 Earnings (TSE:CJT)

Cargojet Inc. (TSE:CJT) – Atb Cap Markets dropped their Q2 2026 earnings per share (EPS) estimates for shares of Cargojet in a note issued to investors on Wednesday, November 5th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings per share of $0.88 for the quarter, down from their prior forecast of $0.97. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Atb Cap Markets also issued estimates for Cargojet’s Q1 2027 earnings at $1.60 EPS, Q2 2027 earnings at $1.27 EPS and Q3 2027 earnings at $0.78 EPS.

CJT has been the subject of a number of other research reports. National Bankshares cut their target price on shares of Cargojet from C$123.00 to C$120.00 and set an “outperform” rating for the company in a research note on Wednesday, October 15th. TD Securities lowered their price objective on Cargojet from C$160.00 to C$120.00 and set a “buy” rating on the stock in a report on Thursday. Raymond James Financial set a C$132.00 price objective on Cargojet and gave the stock an “outperform” rating in a research note on Friday, September 5th. CIBC decreased their target price on Cargojet from C$142.00 to C$132.00 in a research report on Wednesday, October 8th. Finally, Scotiabank lowered their price target on Cargojet from C$140.00 to C$135.00 in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$137.54.

Cargojet Price Performance

TSE CJT traded down C$1.04 on Friday, hitting C$66.55. The company had a trading volume of 79,365 shares, compared to its average volume of 92,474. The company has a debt-to-equity ratio of 98.69, a current ratio of 0.56 and a quick ratio of 0.79. The company has a market capitalization of C$1.00 billion, a PE ratio of 7.38 and a beta of 0.85. Cargojet has a 12-month low of C$65.70 and a 12-month high of C$139.54. The company’s fifty day moving average price is C$90.43 and its 200-day moving average price is C$94.13.

Cargojet Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 19th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. Cargojet’s dividend payout ratio (DPR) is presently 15.52%.

Cargojet Company Profile

Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.