AerCap Holdings to Issue Quarterly Dividend of $0.25 (NYSE:AER)

AerCap Holdings (NYSE:AER) declared a quarterly dividend on Wednesday, October 30th,Zacks Dividends reports. Shareholders of record on Wednesday, November 13th will be paid a dividend of 0.25 per share by the financial services provider on Thursday, December 5th. This represents a $1.00 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Wednesday, November 13th.

AerCap has a payout ratio of 8.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect AerCap to earn $11.63 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 8.6%.

AerCap Stock Performance

Shares of AER opened at $97.52 on Monday. 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 twelve month low of $65.34 and a twelve month high of $99.68. The firm’s 50 day moving average price is $94.94 and its two-hundred day moving average price is $93.15. The firm has a market cap of $19.30 billion, a P/E ratio of 7.73, a PEG ratio of 2.23 and a beta of 1.83.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same period last year, the company earned $2.81 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. On average, analysts forecast that AerCap will post 11.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. TD Cowen reiterated a “buy” rating and issued a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. Barclays boosted their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Susquehanna boosted their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted 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. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $110.83.

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.