WestJet Airlines Ltd. (TSE:WJA) declared a quarterly dividend on Friday, July 26th, Zacks reports. Stockholders of record on Wednesday, September 11th will be given a dividend of 0.14 per share on Monday, September 30th. This represents a $0.56 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, September 10th.
WJA opened at C$30.73 on Monday. WestJet Airlines has a 52-week low of C$16.71 and a 52-week high of C$31.00. The company has a quick ratio of 0.63, a current ratio of 0.74 and a debt-to-equity ratio of 122.46. The company has a market cap of $3.55 billion and a P/E ratio of 21.60. The firm’s 50-day moving average price is C$30.77 and its 200-day moving average price is C$26.01.
Several equities analysts have recently issued reports on the stock. Royal Bank of Canada upped their price objective on shares of WestJet Airlines from C$20.00 to C$31.00 and gave the company a “sector perform” rating in a report on Wednesday, May 15th. Veritas Investment Research downgraded shares of WestJet Airlines from a “buy” rating to a “sell” rating and upped their price objective for the company from C$22.00 to C$31.00 in a report on Tuesday, May 14th. National Bank Financial downgraded shares of WestJet Airlines from a “reduce” rating to a “tender” rating and increased their price target for the stock from C$22.00 to C$31.00 in a report on Monday, May 13th. JPMorgan Chase & Co. downgraded shares of WestJet Airlines from a “neutral” rating to an “underweight” rating and increased their price target for the stock from C$20.00 to C$31.00 in a report on Wednesday, May 15th. Finally, Cowen increased their price target on shares of WestJet Airlines from C$22.00 to C$31.00 in a report on Tuesday, May 14th. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. WestJet Airlines presently has an average rating of “Hold” and a consensus price target of C$26.33.
WestJet Airlines Ltd. provides scheduled airline services and travel packages. The company offers scheduled flights, as well as cargo and charter services. It also operates WestJet Vacations that provides air, hotel, car, and excursion packages; WestJet Encore, a regional airline with a fleet of turboprop aircraft in a network of destinations in Canada and the United States; and Swoop, an ultra-low-cost carrier for air transportation.
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