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

Shares of AerCap Holdings (NYSE:AER) have been assigned an average rating of “Moderate Buy” from the seven research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $112.00.

A number of brokerages recently issued reports on AER. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd.

Institutional Trading of AerCap

A number of hedge funds and other institutional investors have recently modified their holdings of AER. Truvestments Capital LLC purchased a new position in AerCap during the 3rd quarter valued at about $35,000. UMB Bank n.a. lifted its holdings in shares of AerCap by 35.5% during the third 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. Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap in the 3rd quarter worth approximately $64,000. Quantbot Technologies LP purchased a new stake in shares of AerCap in the 3rd quarter worth approximately $66,000. Finally, First Horizon Advisors Inc. grew its stake in shares of AerCap by 15.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after buying an additional 108 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Stock Performance

NYSE:AER opened at $95.12 on Thursday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap has a fifty-two week low of $72.33 and a fifty-two week high of $100.81. The firm has a market cap of $18.83 billion, a PE ratio of 7.54, a price-to-earnings-growth ratio of 2.17 and a beta of 1.82. The business has a 50 day moving average price of $96.13 and a 200-day moving average price of $94.86.

AerCap (NYSE:AER) last announced its quarterly 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 business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 EPS. Equities research analysts predict that AerCap will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

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

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.