WestJet Airlines Ltd. (TSE:WJA) – Investment analysts at Beacon Securities issued their Q1 2018 earnings per share (EPS) estimates for shares of WestJet Airlines in a research report issued on Thursday. Beacon Securities analyst A. Shaath anticipates that the company will earn $0.39 per share for the quarter. Beacon Securities also issued estimates for WestJet Airlines’ FY2018 earnings at $2.55 EPS.
Other equities research analysts also recently issued reports about the stock. CIBC reduced their price target on shares of WestJet Airlines from C$29.00 to C$28.00 in a research note on Friday. JPMorgan Chase & Co. raised their price target on shares of WestJet Airlines from C$27.00 to C$30.00 in a research note on Friday, December 8th. BMO Capital Markets reduced their price target on shares of WestJet Airlines from C$27.00 to C$26.00 and set a “market perform” rating on the stock in a research note on Friday. Raymond James Financial downgraded shares of WestJet Airlines from an “outperform” rating to a “market perform” rating and reduced their price target for the company from C$31.00 to C$25.00 in a research note on Friday. Finally, Scotiabank reduced their price target on shares of WestJet Airlines from C$30.00 to C$28.00 and set an “outperform” rating on the stock in a research note on Friday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of C$27.95.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Wednesday, March 14th will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, March 13th. This represents a $0.56 annualized dividend and a yield of 2.31%. WestJet Airlines’s dividend payout ratio is presently 23.14%.
About WestJet Airlines
WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and the United States.
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