Stifel Canada Has Optimistic Outlook of Cargojet Q4 Earnings

Cargojet Inc. (TSE:CJT) – Stock analysts at Stifel Canada lifted their Q4 2025 earnings estimates for Cargojet in a research report issued on Sunday, August 10th. Stifel Canada analyst D. Young now forecasts that the company will post earnings of $1.58 per share for the quarter, up from their prior estimate of $1.53. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share.

A number of other research analysts also recently commented on the stock. Scotiabank boosted their price objective on shares of Cargojet from C$138.00 to C$140.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. BMO Capital Markets lowered their price objective on shares of Cargojet from C$120.00 to C$95.00 in a research report on Tuesday, April 15th. Stifel Nicolaus boosted their price objective on shares of Cargojet from C$125.00 to C$130.00 and gave the company a “buy” rating in a research report on Monday. ATB Capital reduced their target price on shares of Cargojet from C$155.00 to C$145.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Finally, Acumen Capital reduced their target price on shares of Cargojet from C$175.00 to C$170.00 and set a “buy” rating for the company in a research note on Monday. Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Cargojet presently has an average rating of “Buy” and a consensus price target of C$148.00.

Cargojet Stock Performance

Shares of CJT opened at C$103.23 on Tuesday. The company’s 50 day moving average price is C$99.15 and its 200 day moving average price is C$94.79. Cargojet has a 52 week low of C$69.60 and a 52 week high of C$144.97. The company has a market capitalization of C$1.65 billion, a PE ratio of 724.47 and a beta of 0.91. The company has a debt-to-equity ratio of 98.69, a quick ratio of 0.79 and a current ratio of 0.56.

Cargojet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 4th. Investors of record on Friday, July 4th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, June 20th. Cargojet’s dividend payout ratio is presently 982.53%.

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.