FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have received an average rating of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $177.33.

A number of research firms have weighed in on FTAI. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a report on Friday. BTIG Research boosted their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. Stifel Nicolaus lifted their price target on shares of FTAI Aviation from $156.00 to $167.00 and gave the company a “buy” rating in a report on Tuesday, December 31st. Compass Point upped their price objective on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Finally, Morgan Stanley reiterated an “underperform” rating on shares of FTAI Aviation in a research note on Friday, October 18th.

FTAI Aviation Trading Up 3.1 %

Shares of NYSE FTAI opened at $174.02 on Monday. The firm has a market capitalization of $17.85 billion, a price-to-earnings ratio of -1,740.03 and a beta of 2.09. FTAI Aviation has a one year low of $46.88 and a one year high of $181.64. The business has a fifty day simple moving average of $151.83 and a 200 day simple moving average of $131.63.

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

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 annualized dividend and a yield of 0.69%. FTAI Aviation’s dividend payout ratio is currently -1,200.00%.

Hedge Funds Weigh In On FTAI Aviation

A number of hedge funds and other institutional investors have recently bought and sold shares of FTAI. Brown Brothers Harriman & Co. bought a new position in shares of FTAI Aviation in the 3rd quarter worth $26,000. Anchor Investment Management LLC acquired a new position in shares of FTAI Aviation during the 3rd quarter worth about $31,000. Farther Finance Advisors LLC boosted its stake in FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 189 shares during the last quarter. Raymond James Trust N.A. acquired a new position in FTAI Aviation during the third quarter valued at approximately $200,000. Finally, Everence Capital Management Inc. acquired a new stake in FTAI Aviation in the fourth quarter worth $203,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Company Profile

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.