Chorus Aviation Inc (CHR) Director Sells C$238,503.00 in Stock

Chorus Aviation Inc (TSE:CHR) Director Joseph D. Randell sold 32,100 shares of the company’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of C$7.43, for a total transaction of C$238,503.00. Following the completion of the transaction, the director now owns 6,148 shares of the company’s stock, valued at C$45,679.64.

Joseph D. Randell also recently made the following trade(s):

  • On Wednesday, May 15th, Joseph D. Randell sold 25,000 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.39, for a total transaction of C$184,750.00.
  • On Monday, May 13th, Joseph D. Randell sold 85,900 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.30, for a total transaction of C$627,070.00.
  • On Thursday, March 21st, Joseph D. Randell sold 25,000 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.15, for a total transaction of C$178,750.00.

Chorus Aviation stock traded up C$0.07 during mid-day trading on Tuesday, hitting C$7.54. The company’s stock had a trading volume of 194,286 shares, compared to its average volume of 433,953. The company has a quick ratio of 0.44, a current ratio of 0.65 and a debt-to-equity ratio of 255.76. The company has a market capitalization of $1.17 billion and a PE ratio of 15.71. Chorus Aviation Inc has a 12 month low of C$4.54 and a 12 month high of C$8.03.



Chorus Aviation (TSE:CHR) last posted its quarterly earnings results on Friday, February 22nd. The company reported C$0.25 earnings per share for the quarter, topping the 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. As a group, equities analysts expect that Chorus Aviation Inc will post 0.860000009424658 earnings per share for the current fiscal year.

The firm also recently declared a monthly dividend, which was paid on Thursday, May 16th. Shareholders of record on Tuesday, April 30th were paid a $0.04 dividend. This represents a $0.48 annualized dividend and a yield of 6.37%. The ex-dividend date was Monday, April 29th. Chorus Aviation’s dividend payout ratio is presently 100.00%.

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