Research Analysts Issue Forecasts for Cargojet Q3 Earnings

Cargojet Inc. (TSE:CJT) – Desjardins issued their Q3 2025 EPS estimates for shares of Cargojet in a report issued on Tuesday, September 30th. Desjardins analyst B. Poirier anticipates that the company will earn $0.74 per share for the quarter. Desjardins currently has a “Buy” rating and a $149.00 target price on the stock. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Desjardins also issued estimates for Cargojet’s Q4 2025 earnings at $1.78 EPS, FY2025 earnings at $5.16 EPS, FY2026 earnings at $6.11 EPS and FY2027 earnings at $6.69 EPS.

A number of other research firms have also weighed in on CJT. Stifel Canada upgraded Cargojet to a “strong-buy” rating in a research note on Wednesday, June 11th. ATB Capital dropped their target price on Cargojet from C$155.00 to C$145.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. TD Securities lifted their price target on Cargojet from C$150.00 to C$160.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Stifel Nicolaus upped their price objective on Cargojet from C$125.00 to C$130.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Finally, Raymond James Financial set a C$132.00 price objective on shares of Cargojet and gave the stock an “outperform” rating in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to data from MarketBeat.com, Cargojet presently has a consensus rating of “Buy” and an average price target of C$146.93.

Cargojet Trading Down 1.3%

TSE CJT opened at C$92.80 on Thursday. Cargojet has a 1 year low of C$69.60 and a 1 year high of C$144.97. 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$1.40 billion, a PE ratio of 10.29 and a beta of 1.26. The company has a fifty day moving average of C$99.66 and a 200 day moving average of C$93.65.

Cargojet Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Friday, September 19th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Cargojet’s dividend payout ratio (DPR) is presently 15.52%.

About Cargojet

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.