Cargojet Inc. (TSX: CJT)

Canada flag Canada · Delayed Price · Currency is CAD
119.32
-0.78 (-0.65%)
May 17, 2024, 4:00 PM EDT
7.64%
Market Cap 2.01B
Revenue (ttm) 876.80M
Net Income (ttm) 39.20M
Shares Out 16.87M
EPS (ttm) 1.67
PE Ratio 50.99
Forward PE 29.94
Dividend 1.23 (1.03%)
Ex-Dividend Date Jun 20, 2024
Volume 55,586
Open 119.43
Previous Close 120.10
Day's Range 117.65 - 120.21
52-Week Range 76.50 - 125.44
Beta 1.00
Analysts n/a
Price Target 149.55 (+25.34%)
Earnings Date Aug 12, 2024

About Cargojet

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 cus... [Read more]

Sector Industrials
Founded 2001
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol CJT
Full Company Profile

Financial Performance

In 2023, Cargojet's revenue was 877.50 million, a decrease of -10.45% compared to the previous year's 979.90 million. Earnings were 37.30 million, a decrease of -80.43%.

Financial Statements

News

Q1 2024 Cargojet Inc Earnings Call Transcript

Q1 2024 Cargojet Inc Earnings Call Transcript

19 days ago - GuruFocus

Inflation Tempers Cargojet's Outlook Despite Q1 Volume Growth

Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, settin...

20 days ago - Benzinga

Cargojet (CGJTF) Q1 2024 Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q1 2024 Earnings Conference Call April 29, 2024 8:30 AM ETCompany ParticipantsAjay Virmani - Executive ChairmanJamie Porteous -...

21 days ago - Seeking Alpha

Cargojet Announces First Quarter Results

MISSISSAUGA, ON , April 29, 2024 /CNW/ - Cargojet Inc. ("Cargojet" or the "Corporation") (TSX: CJT) announced today financial results for the first quarter ended March 31, 2024 . Total revenue for th...

21 days ago - Benzinga

Cargojet Inc's Dividend Analysis

Cargojet Inc's Dividend Analysis

2 months ago - GuruFocus

Cargojet Inc. declares CAD 0.3146 dividend

2 months ago - Seeking Alpha

Cargojet Announces Fourth Quarter Results

MISSISSAUGA, ON , Feb. 26, 2024 /CNW/ - Cargojet Inc. ("Cargojet" or the "Corporation") (TSX: CJT) announced today financial results for the fourth quarter ended December 31, 2023 . Revenue for the q...

3 months ago - Benzinga

Cargojet: Valuation Fully Reset

Canadian freight operator Cargojet's stock is a speculative buy, with revenue returning to growth in 2024. Read more about CGJTF stock here.

3 months ago - Seeking Alpha

Cargojet: Moving To The Sidelines On The Debentures

Cargojet plans for significant growth in 2024, which may result in a cash shortfall that will likely be funded by selling surplus aircraft. Read more here.

4 months ago - Seeking Alpha

Cargojet and Canadian North Announce Renewed Cargo Partnership

Renewed Partnership to Increase Cargo Capacity in Canada's Arctic MISSISSAUGA, ON , Dec. 27, 2023 /CNW/ - Cargojet, Canada's leading provider of air cargo services, and Canadian North, the Arctic's le...

5 months ago - Benzinga

Cargojet CEO appointed executive chairman

Cargojet appoints CEO Ajay Virmani as executive chairman effective Jan.

6 months ago - Seeking Alpha

Cargojet Inc. raises dividend by 10% to $0.3146

Cargojet Inc. (CJT:CA) declares $0.3146/share quarterly dividend, 10% increase from prior dividend of $0.2860. Forward yield 1.46% Payable Jan. 5; for sharehold

6 months ago - Seeking Alpha

Cargojet GAAP EPS of C$0.30, revenue of C$214M

Cargojet's Q3 results show a decrease in revenue, but the company reports a GAAP EPS of C$0.30, indicating strong performance despite challenges.

6 months ago - Seeking Alpha

Cargojet Inc. (CGJTF) Q2 2023 Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q2 2023 Earnings Conference Call August 14, 2023 7:30 AM ET Corporate Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - President and Chief Executive Of...

10 months ago - Seeking Alpha

Cargojet Stock: Not A Strong Buy But Offers Value

Cargojet Inc. is navigating some macroeconomic headwinds, resulting in softening of freight air lift. The company is taking prudent measures, and its focus on ACMI services is one that seems to be pay...

1 year ago - Seeking Alpha

Cargojet Inc. (CGJTF) Q1 2023 Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q1 2023 Earnings Conference Call May 1, 2023 8:30 AM ET Company Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - President & Chief Executive Officer Sc...

1 year ago - Seeking Alpha

Cargojet Stock Falls On Recession Fear Reality

Cargojet earnings fell short of expectations due to weak December month. Company is aligning for a lower growth going forward.

1 year ago - Seeking Alpha

Cargojet Inc. (CGJTF) Q4 2022 Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q4 2022 Earnings Conference Call March 6, 2023 8:30 PM ET Company Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - President and Chief Executive Office...

1 year ago - Seeking Alpha

Cargojet: Aggressively Expanding, But The 7.8% Yielding Debentures Are Attractive

Cargojet is a Canadian freight airline with long-term contracts in place with major customers like Amazon, DHL and UPS. Cargojet is renewing and expanding its fleet, this leads to a temporary high gro...

1 year ago - Seeking Alpha

Cargojet Inc. (CGJTF) Q3 2022 Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q3 2022 Earnings Conference Call October 31, 2022 8:30 AM ET Company Participants Ajay Virmani - President and CEO Scott Calver - CFO Pauline Dhillon - Chief Corporate Offi...

1 year ago - Seeking Alpha

Cargojet: The 5.85% Bond Yield Is Attractive For Fixed Income Investors

Cargojet is Canada's largest cargo-only airline. The company is adding more planes to its fleet and will increase its capacity by over 50% in the next 2.5 years.

1 year ago - Seeking Alpha

Cargojet Inc. (CGJTF) CEO Ajay Virmani on Q2 2022 Results - Earnings Call Transcript

Cargojet Inc. (OTCPK:CGJTF) Q2 2022 Earnings Conference Call July 27, 2022 8:30 AM ET Company Participants Pauline Dhillon - Chief Corporate Officer Ajay Virmani - President and CEO Jamie Porteous - C...

1 year ago - Seeking Alpha