Chorus Aviation (TSE:CHR) had its price target hoisted by Scotiabank from C$10.50 to C$11.00 in a research note published on Wednesday morning. They currently have an outperform rating on the stock.
Separately, CIBC boosted their price objective on shares of Chorus Aviation from C$10.50 to C$11.00 in a report on Thursday, January 4th. Six research analysts have rated the stock with a buy rating, The company currently has an average rating of Buy and a consensus target price of C$10.04.
Chorus Aviation (CHR) opened at C$8.25 on Wednesday. Chorus Aviation has a twelve month low of C$7.13 and a twelve month high of C$9.86. The stock has a market cap of $1,040.00, a PE ratio of 6.30 and a beta of 0.68.
Chorus Aviation (TSE:CHR) last posted its quarterly earnings data on Thursday, February 15th. The company reported C$0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.24 by C($0.05). Chorus Aviation had a return on equity of 38.57% and a net margin of 4.02%. The company had revenue of C$356.56 million for the quarter, compared to the consensus estimate of C$348.50 million.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, February 27th. This represents a $0.48 annualized dividend and a dividend yield of 5.82%. Chorus Aviation’s payout ratio is 36.64%.
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Chorus Aviation Company Profile
Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.
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