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Why Cargojet Inc stock is rising today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:CJT.TO

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Cargojet Inc has seen a notable uptick in its stock price, gaining 2.02% in the latest trading session.

Cargojet Inc (CJT.TO) closed at CA$82.50, reflecting a 2.02% increase in a single trading day. This rise comes amid steady financial performance and strategic decisions that seem to resonate positively with investors.

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Cargojet Inc

CJT.TO

Full stock page โ†’

CJT.TO

Cargojet Inc

Source:WealthAwesomeWealthAwesome
โ†“ $6.35 (-7.32%)
120 day period
$75.45$84.56$93.67Mar 16Jun 10Sep 3

Market cap

$1.17B

P/E

25.6x

Div. yield

1.83%

Div. / share

$1.47

52W high

$101.71

52W low

$64.71

1W change

-4.15%

Beta

1.16

Analyst Price Targets

Based on analyst covering CJT

๐Ÿ“ˆ

Wall Street analysts forecast CJT stock price to rise 51.5% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$121.85

+51.5% Upside

Current Price

C$80.44

Last close

Compare analyst targets across the TSX & TSXV โ†’

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CJT's historical volatility

HistoricalForecast68%95%
C$50.01C$64.20C$78.39C$92.58C$106.77C$120.96TodayApr 28Jul 2Sep 3Oct 16Nov 29Jan 11

30-Day Vol

34.4%

Annualized

90-Day Vol

30.7%

Annualized

Trend (90d)

-9.3%

Annualized drift

90d Mean

C$77.81

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$79.55C$70.64 โ€“ C$89.59
60 trading daysC$78.68C$66.51 โ€“ C$93.08
90 trading daysC$77.81C$63.34 โ€“ C$95.59

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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Investor takeaway: For investors, Cargojet's recent performance may signal continued confidence in its operational strategy and financial health, making it a stock to watch in the logistics sector.

Cargojet Inc's stock rises 2.02% in one day

With a market cap of CA$1.25 billion and a P/E ratio of 33.01, Cargojet is positioned within a competitive landscape that requires constant innovation and efficiency.

Bull case

The company's recent financial results show stable growth, with a modest increase in revenues and rising EBITDA. This suggests that Cargojet is effectively managing its operations and taking advantage of market opportunities.

Bear case

Despite the positive movement, investors should stay cautious. The logistics sector can be volatile, and any unexpected disruptions could affect Cargojet's performance in the future.

Recent Financial Performance

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Cargojet reported a 1.9% increase in total revenues to $254.7 million for Q1 2026, with Adjusted EBITDA rising 1.4% to $81.9 million. This steady growth in financial metrics likely contributes to the positive sentiment surrounding the stock.

Dividend Increase Signals Confidence

On May 4, 2026, Cargojet's Board of Directors declared a quarterly dividend of $0.385 per share, marking a 10% increase from the previous quarter. Such moves often indicate management's confidence in the company's ongoing profitability.

Market Position and Future Outlook

With a market cap of CA$1.25 billion and a P/E ratio of 33.01, Cargojet is well-positioned in the logistics sector. Investors should consider how the company's operational strategies will navigate potential market challenges ahead.


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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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โœ… Reviewed by Certified Financial Professionals

This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

๐Ÿ“Š Data AccuracyVerified sources
๐Ÿ‡จ๐Ÿ‡ฆ Canadian FocusLocal expertise
๐Ÿ” Fact-CheckedEditorial review

โš ๏ธ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: June 18, 2026
Last Updated: June 18, 2026
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