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

FTAI Aviation Ltd. (NYSE:FTAI) has received a consensus rating of “Moderate Buy” from the twelve research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $168.45.

A number of equities research analysts have weighed in on FTAI shares. Royal Bank of Canada restated an “outperform” rating and set a $160.00 price target on shares of FTAI Aviation in a research report on Friday, November 1st. Compass Point raised their price objective on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a report on Tuesday. Barclays upped their target price on FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Finally, Citigroup upped their price objective on shares of FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th.

Institutional Trading of FTAI Aviation

Several large investors have recently modified their holdings of the business. Oppenheimer & Co. Inc. lifted its holdings in FTAI Aviation by 96.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 8,349 shares of the financial services provider’s stock worth $1,110,000 after buying an additional 4,106 shares during the period. Concurrent Investment Advisors LLC purchased a new stake in FTAI Aviation in the third quarter worth $498,000. Diversified Trust Co bought a new stake in FTAI Aviation in the third quarter valued at $1,738,000. Luxor Capital Group LP purchased a new position in FTAI Aviation during the 3rd quarter valued at $1,298,000. Finally, Charles Schwab Investment Management Inc. increased its position in FTAI Aviation by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,047,572 shares of the financial services provider’s stock valued at $139,222,000 after purchasing an additional 35,888 shares during the period. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Price Performance

Shares of FTAI opened at $126.66 on Thursday. FTAI Aviation has a 1-year low of $44.49 and a 1-year high of $177.18. The company has a market capitalization of $12.99 billion, a P/E ratio of -1,266.47 and a beta of 2.06. The firm’s 50 day simple moving average is $151.61 and its 200 day simple moving average is $124.70.

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

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is -1,200.00%.

About FTAI Aviation

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.