Cormark Has Negative Outlook for Chorus Aviation Q1 Earnings

Chorus Aviation Inc. (TSE:CHR) – Stock analysts at Cormark dropped their Q1 2026 EPS estimates for Chorus Aviation in a research note issued on Thursday, May 8th. Cormark analyst D. Ocampo now forecasts that the company will post earnings of $0.44 per share for the quarter, down from their prior estimate of $0.48. The consensus estimate for Chorus Aviation’s current full-year earnings is $0.30 per share. Cormark also issued estimates for Chorus Aviation’s Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.66 EPS and FY2026 earnings at $2.31 EPS.

A number of other equities analysts have also recently issued reports on CHR. Royal Bank of Canada upped their target price on Chorus Aviation from C$25.00 to C$27.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. TD Securities upped their price objective on Chorus Aviation from C$27.00 to C$29.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Finally, CIBC lifted their target price on shares of Chorus Aviation from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Thursday, May 8th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$12.88.

Chorus Aviation Stock Down 1.6%

Shares of CHR opened at C$19.87 on Monday. The company has a debt-to-equity ratio of 118.79, a quick ratio of 0.53 and a current ratio of 1.13. Chorus Aviation has a 52 week low of C$14.63 and a 52 week high of C$24.08. The stock has a market capitalization of C$539.68 million, a price-to-earnings ratio of -32.80, a PEG ratio of 0.65 and a beta of 2.14. The stock has a fifty day moving average of C$19.41 and a 200-day moving average of C$10.89.

Insider Activity

In related news, Senior Officer Colin Copp acquired 4,980 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of C$20.12 per share, with a total value of C$100,197.60. Insiders own 13.83% of the company’s stock.

About Chorus Aviation

Chorus is an aviation solutions provider to customers worldwide. Its operating subsidiaries are: Jazz Aviation, the largest regional operator in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a leading provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; and Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines.