Chorus Aviation (TSE:CHR) Shares Pass Below 50-Day Moving Average – Here’s Why

Chorus Aviation Inc. (TSE:CHR) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$24.51 and traded as low as C$24.31. Chorus Aviation shares last traded at C$24.73, with a volume of 30,062 shares traded.

Chorus Aviation News Summary

Here are the key news stories impacting Chorus Aviation this week:

• Positive Sentiment: Broad analyst target increases support the stock: BMO Capital Markets raised its target from C$28 to C$32 and assigned an “outperform” rating; RBC lifted its target from C$35 to C$39 while retaining “outperform”; Scotia increased its target from C$31 to C$33.50 with a “sector outperform” rating; Stifel Nicolaus raised its target from C$32 to C$33 and kept a “buy” rating; and TD increased its target from C$33 to C$34 with a “buy” rating. The revisions imply approximately 14% to 39% upside from the referenced C$28 share price, signaling stronger analyst confidence in Chorus’s earnings outlook. BayStreet.CA analyst ratings Ticker Report analyst coverage
• Neutral Sentiment: Investors are also reviewing the Q2 2026 earnings call: The transcript provides additional management commentary on operating performance, financial results and the company’s outlook, although the supplied report does not identify a specific new catalyst or risk. Chorus Aviation Q2 2026 earnings call transcript

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Scotia lifted their price target on shares of Chorus Aviation from C$31.00 to C$33.50 and gave the stock a “sector outperform” rating in a research note on Thursday. Royal Bank Of Canada increased their target price on shares of Chorus Aviation from C$35.00 to C$39.00 and gave the stock an “outperform” rating in a report on Thursday. TD upped their price objective on Chorus Aviation from C$33.00 to C$34.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus raised their target price on shares of Chorus Aviation from C$32.00 to C$33.00 and gave the company a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets upped their price objective on shares of Chorus Aviation from C$28.00 to C$32.00 and gave the company an “outperform” rating in a report on Thursday. Nine analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Chorus Aviation has an average rating of “Buy” and a consensus target price of C$32.39.

Chorus Aviation Price Performance

The firm has a market cap of C$644.65 million, a PE ratio of 10.79, a price-to-earnings-growth ratio of 0.65 and a beta of 1.77. The company has a debt-to-equity ratio of 76.81, a current ratio of 1.38 and a quick ratio of 0.53. The stock’s fifty day moving average price is C$24.62 and its 200-day moving average price is C$23.56.

Chorus Aviation (TSE:CHR) last announced its quarterly earnings data on Tuesday, August 4th. The company reported C$0.83 earnings per share (EPS) for the quarter. Chorus Aviation had a net margin of 5.16% and a return on equity of 12.73%. The firm had revenue of C$349.42 million during the quarter. As a group, equities analysts expect that Chorus Aviation Inc. will post 0.3 EPS for the current fiscal year.

Chorus Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.11 per share. The ex-dividend date was Monday, June 15th. This represents a $0.44 dividend on an annualized basis and a yield of 1.6%. Chorus Aviation’s dividend payout ratio is 10.38%.

Chorus Aviation Company Profile

Chorus is a holding company which owns the following principal operating subsidiaries: 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; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines; and Elisen & Associates, a leading provider of aerospace engineering and certification services.