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 stock in a transaction dated Friday, May 17th. The shares were 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 directly 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 shares were 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 shares were 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 shares were sold at an average price of C$7.15, for a total transaction of C$178,750.00.

Shares of CHR opened at C$7.39 on Friday. The company has a debt-to-equity ratio of 255.76, a current ratio of 0.65 and a quick ratio of 0.44. Chorus Aviation Inc has a 1-year low of C$4.54 and a 1-year high of C$8.03. The company has a market cap of $1.17 billion and a PE ratio of 11.21.

Chorus Aviation (TSE:CHR) last issued its quarterly earnings data on Friday, February 22nd. The company reported C$0.25 earnings per share 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 for the quarter, compared to analysts’ expectations of C$376.00 million. As a group, sell-side analysts expect that Chorus Aviation Inc will post 0.859999986312997 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 16th. Stockholders of record on Tuesday, April 30th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, April 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.50%. Chorus Aviation’s dividend payout ratio (DPR) is 72.84%.

A number of brokerages have issued reports on CHR. TD Securities dropped 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 report on Friday, May 10th. Royal Bank of Canada dropped their price objective on shares of Chorus Aviation from C$10.00 to C$9.50 and set an “outperform” rating for the company in a research note on Tuesday, February 26th. Canaccord Genuity reissued a “buy” rating and set a C$8.75 price objective on shares of Chorus Aviation in a research note on Tuesday, February 26th. Finally, Scotiabank reissued an “average” rating and set a C$9.50 price objective on shares of Chorus Aviation in a research note on Friday, February 22nd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of C$9.46.

TRADEMARK VIOLATION WARNING: “Chorus Aviation Inc (CHR) Director Sells C$238,503.00 in Stock” was originally reported by Baseball Daily News and is owned by of Baseball Daily News. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.baseballdailydigest.com/news/2019/05/24/chorus-aviation-inc-chr-director-sells-c238503-00-in-stock.html.

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.

Featured Story: What is a Futures Contract?

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

Receive News & Ratings for Chorus Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chorus Aviation and related companies with MarketBeat.com's FREE daily email newsletter.