Cargojet Inc. (TSE:CJT – Get Free Report) has earned an average recommendation of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$125.45.
A number of research analysts have commented on the stock. Stifel Nicolaus increased their price objective on shares of Cargojet from C$100.00 to C$120.00 and gave the company a “buy” rating in a research note on Thursday. Canadian Imperial Bank of Commerce upped their target price on shares of Cargojet from C$106.00 to C$116.00 in a research note on Thursday. TD Securities decreased their price target on Cargojet from C$160.00 to C$120.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. National Bank Financial upped their price objective on Cargojet from C$95.00 to C$108.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Finally, Royal Bank Of Canada reduced their target price on Cargojet from C$151.00 to C$143.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd.
Cargojet Trading Down 2.8%
Cargojet (TSE:CJT – Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported C$1.47 earnings per share (EPS) for the quarter. The company had revenue of C$284.70 million for the quarter. Cargojet had a return on equity of 0.31% and a net margin of 0.25%. Sell-side analysts forecast that Cargojet will post 5.890933 EPS for the current fiscal year.
Cargojet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Monday, January 5th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, December 19th. Cargojet’s payout ratio is currently 17.79%.
Key Stories Impacting Cargojet
Here are the key news stories impacting Cargojet this week:
- Positive Sentiment: Desjardins raised its price target to C$126 (from C$117), implying roughly ~28% upside from the reference price cited in the filings. Article Title
- Positive Sentiment: Stifel Nicolaus bumped its target to C$120 (from C$100) and reiterated a “buy” rating, signaling stronger conviction among sell‑side analysts. Article Title TickerReport
- Positive Sentiment: Scotiabank raised its target to C$118 (from C$115) and kept an “outperform” rating — another endorsement of upside potential. Article Title
- Positive Sentiment: CIBC lifted its target to C$116 (from C$106), adding to the cluster of double‑digit upside targets from Canadian banks. Article Title
- Neutral Sentiment: Q4 2025 earnings call transcript is available for investors to review, providing the underlying operational and margin details that likely informed the analyst revisions. Review the transcript for management commentary on capacity, contract renewals, fuel and labor costs. Earnings Transcript
- Negative Sentiment: BMO Capital Markets raised its target modestly to C$94 (from C$90) but kept a “market perform” stance — its target sits below the reference price and signals more caution relative to peers, which can limit upside and weigh on sentiment. Article Title TickerReport
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.
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