FTAI Aviation Ltd. (NYSE:FTAI) Given Average Recommendation of “Moderate Buy” by Analysts

FTAI Aviation Ltd. (NYSE:FTAI) has received a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $131.55.

A number of equities research analysts recently issued reports on FTAI shares. BTIG Research assumed coverage on FTAI Aviation in a research note on Monday, August 26th. They set a “buy” rating and a $140.00 price target for the company. JMP Securities lifted their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 25th. StockNews.com upgraded shares of FTAI Aviation to a “sell” rating in a research note on Friday, August 2nd. Jefferies Financial Group initiated coverage on shares of FTAI Aviation in a research report on Tuesday, June 25th. They set a “buy” rating and a $120.00 price target for the company. Finally, Benchmark raised their price target on shares of FTAI Aviation from $100.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, August 16th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Cetera Investment Advisers increased its position in shares of FTAI Aviation by 74.1% in the second quarter. Cetera Investment Advisers now owns 11,907 shares of the financial services provider’s stock valued at $1,229,000 after buying an additional 5,069 shares in the last quarter. Creative Planning increased its position in shares of FTAI Aviation by 19.9% in the second quarter. Creative Planning now owns 16,435 shares of the financial services provider’s stock valued at $1,697,000 after buying an additional 2,733 shares in the last quarter. Algert Global LLC purchased a new position in shares of FTAI Aviation in the second quarter valued at $1,042,000. The Manufacturers Life Insurance Company increased its position in shares of FTAI Aviation by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 50,701 shares of the financial services provider’s stock valued at $5,234,000 after buying an additional 1,760 shares in the last quarter. Finally, Fred Alger Management LLC purchased a new position in shares of FTAI Aviation in the second quarter valued at $19,437,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Trading Up 2.8 %

Shares of FTAI Aviation stock opened at $129.55 on Friday. The stock has a 50 day moving average of $116.10 and a 200 day moving average of $93.19. FTAI Aviation has a 12 month low of $32.66 and a 12 month high of $132.94. The firm has a market cap of $12.99 billion, a PE ratio of 59.16 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI) last announced its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. The firm had revenue of $443.59 million for the quarter, compared to the consensus estimate of $361.92 million. As a group, equities research analysts forecast that FTAI Aviation will post 2.13 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Monday, August 12th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Monday, August 12th. FTAI Aviation’s dividend payout ratio is presently 54.79%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.