AerCap Holdings (NYSE:AER) Receives $112.00 Consensus Price Target from Analysts

Shares of AerCap Holdings (NYSE:AER) have received a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $112.00.

Several research analysts recently commented on the company. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft upped their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd.

AerCap Stock Up 0.7 %

AER opened at $95.66 on Friday. The company has a market cap of $18.93 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 2.17 and a beta of 1.82. AerCap has a twelve month low of $70.48 and a twelve month high of $100.81. The company has a 50-day moving average price of $96.39 and a 200 day moving average price of $94.41. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts’ consensus estimates of $2.41. The business 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%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.81 earnings per share. Sell-side analysts expect that AerCap will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend was Wednesday, November 13th. AerCap’s payout ratio is currently 7.92%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AER. Franklin Resources Inc. increased its position in AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock worth $545,726,000 after purchasing an additional 282,980 shares during the last quarter. State Street Corp increased its holdings in shares of AerCap by 8.3% during the 3rd quarter. State Street Corp now owns 4,862,517 shares of the financial services provider’s stock worth $460,579,000 after buying an additional 370,906 shares during the last quarter. Donald Smith & CO. Inc. raised its position in shares of AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider’s stock valued at $333,917,000 after buying an additional 23,994 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in AerCap by 12.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock valued at $173,423,000 after acquiring an additional 208,407 shares during the last quarter. Finally, FMR LLC grew its position in AerCap by 1.3% in the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider’s stock worth $164,574,000 after acquiring an additional 22,346 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Company Profile

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.