Chorus Aviation Inc (CHR) Senior Officer Sells C$197,425.00 in Stock

Chorus Aviation Inc (TSE:CHR) Senior Officer Jolene Mahody sold 26,500 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of C$7.45, for a total transaction of C$197,425.00. Following the transaction, the insider now owns 209,351 shares in the company, valued at C$1,559,664.95.

Jolene Mahody also recently made the following trade(s):

  • On Monday, March 25th, Jolene Mahody sold 26,600 shares of Chorus Aviation stock. The shares were sold at an average price of C$4.50, for a total transaction of C$119,700.00.

TSE:CHR traded up C$0.05 during trading hours on Friday, reaching C$7.47. The company’s stock had a trading volume of 250,900 shares, compared to its average volume of 436,450. The stock has a market capitalization of $1.17 billion and a PE ratio of 15.56. Chorus Aviation Inc has a one year low of C$4.54 and a one year high of C$8.03. The company has a current ratio of 0.65, a quick ratio of 0.44 and a debt-to-equity ratio of 255.76.

Chorus Aviation (TSE:CHR) last issued its quarterly earnings data on Friday, February 22nd. The company reported C$0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.24 by C$0.01. The business had revenue of C$358.66 million during the quarter, compared to the consensus estimate of C$376.00 million. On average, sell-side analysts forecast that Chorus Aviation Inc will post 0.860000009424658 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 16th. Investors of record on Tuesday, April 30th were issued a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend was Monday, April 29th. Chorus Aviation’s dividend payout ratio is presently 100.00%.

Several research firms have recently commented on CHR. TD Securities lowered their price target on shares of Chorus Aviation from C$9.50 to C$9.00 and set a “buy” rating on the stock in a report on Friday, May 10th. Royal Bank of Canada lowered their price target on shares of Chorus Aviation from C$10.00 to C$9.50 and set an “outperform” rating on the stock in a report on Tuesday, February 26th. Canaccord Genuity restated a “buy” rating and set a C$8.75 price target on shares of Chorus Aviation in a report on Tuesday, February 26th. Finally, Scotiabank restated an “average” rating and set a C$9.50 price target on shares of Chorus Aviation in a report on Friday, February 22nd. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$9.46.

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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 694 departures per weekday to 60 destinations in Canada, as well as 18 destinations in the United States.

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Insider Buying and Selling by Quarter for Chorus Aviation (TSE:CHR)

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