FTAI Aviation Ltd. (NYSE:FTAI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have been assigned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $176.18.

FTAI has been the subject of several research analyst reports. Morgan Stanley restated an “underperform” rating on shares of FTAI Aviation in a research report on Friday, October 18th. Compass Point boosted their target price on FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Benchmark increased their price target on FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a research report on Friday, November 1st. Finally, Stifel Nicolaus raised their price objective on FTAI Aviation from $156.00 to $167.00 and gave the stock a “buy” rating in a report on Tuesday, December 31st.

FTAI Aviation Price Performance

FTAI Aviation stock opened at $151.38 on Monday. The firm has a 50 day simple moving average of $149.40 and a 200-day simple moving average of $129.15. The stock has a market cap of $15.52 billion, a price-to-earnings ratio of -1,513.65 and a beta of 2.06. FTAI Aviation has a 1-year low of $44.79 and a 1-year high of $177.18.

FTAI Aviation (NYSE:FTAI) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The business had revenue of $465.80 million during the quarter, compared to analysts’ expectations of $422.45 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue was up 60.0% on a year-over-year basis. Equities analysts expect that FTAI Aviation will post 2.21 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is -1,199.88%.

Institutional Trading of FTAI Aviation

Several institutional investors and hedge funds have recently modified their holdings of the business. American Century Companies Inc. raised its holdings in shares of FTAI Aviation by 1,923.5% in the second quarter. American Century Companies Inc. now owns 972,806 shares of the financial services provider’s stock worth $100,423,000 after acquiring an additional 924,730 shares during the last quarter. Westfield Capital Management Co. LP boosted its stake in FTAI Aviation by 87.1% in the 3rd quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider’s stock worth $220,618,000 after buying an additional 773,017 shares during the last quarter. International Assets Investment Management LLC boosted its stake in FTAI Aviation by 14,553.9% in the 3rd quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock worth $74,959,000 after buying an additional 560,179 shares during the last quarter. Victory Capital Management Inc. raised its stake in FTAI Aviation by 229.9% during the third quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider’s stock worth $50,530,000 after purchasing an additional 264,971 shares during the period. Finally, Vantage Investment Partners LLC purchased a new stake in FTAI Aviation during the third quarter valued at about $32,769,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

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.