Analysts Set AerCap Holdings (NYSE:AER) Price Target at $110.83

Shares of AerCap Holdings (NYSE:AER) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $110.83.

AER has been the subject of several analyst reports. TD Cowen restated a “buy” rating and set a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Barclays increased their price objective on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Susquehanna increased their price objective on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 134 shares in the last quarter. Mather Group LLC. increased its position in AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after buying an additional 214 shares in the last quarter. Truvestments Capital LLC bought a new position in AerCap during the 3rd quarter valued at approximately $35,000. UMB Bank n.a. increased its position in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after buying an additional 174 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new position in AerCap during the 3rd quarter valued at approximately $64,000. Institutional investors own 96.42% of the company’s stock.

AerCap Trading Up 0.1 %

Shares of AER stock opened at $95.22 on Wednesday. The stock has a market capitalization of $18.85 billion, a PE ratio of 7.55, a P/E/G ratio of 2.13 and a beta of 1.83. AerCap has a 1-year low of $66.34 and a 1-year high of $99.68. The business has a 50-day moving average of $95.19 and a 200 day moving average of $93.39. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. AerCap’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.81 EPS. As a group, sell-side analysts anticipate that AerCap will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Wednesday, November 13th. AerCap’s dividend payout ratio is currently 7.92%.

About AerCap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.