Analysts Set AerCap Holdings (NYSE:AER) PT at $105.71

AerCap Holdings (NYSE:AER) has received an average rating of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $106.43.

A number of equities research analysts have recently issued reports on AER shares. TD Cowen restated a “buy” rating and issued a $125.00 target price on shares of AerCap in a research note on Monday, July 29th. Susquehanna upped their price objective on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. Barclays lifted their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AER. Blue Trust Inc. lifted its stake in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after buying an additional 134 shares during the last quarter. Mather Group LLC. increased its holdings in shares of AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 214 shares during the period. UMB Bank n.a. lifted its position in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. Federated Hermes Inc. boosted its stake in AerCap by 209.1% during the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 1,060 shares during the period. Finally, Banque Cantonale Vaudoise bought a new position in AerCap in the 1st quarter worth about $182,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Price Performance

AER stock opened at $95.42 on Friday. The stock’s 50 day moving average is $94.79 and its two-hundred day moving average is $92.22. AerCap has a 52-week low of $58.46 and a 52-week high of $99.30. The company has a market capitalization of $18.89 billion, a PE ratio of 6.21, a P/E/G ratio of 2.13 and a beta of 1.83. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69.

AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the previous year, the firm earned $2.56 earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year. Analysts predict that AerCap will post 11.33 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date was Wednesday, August 14th. AerCap’s dividend payout ratio (DPR) is 6.51%.

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.