Aercap (NYSE:AER) Price Target Raised to $157.00

Aercap (NYSE:AER) had its target price boosted by Susquehanna from $134.00 to $157.00 in a research note published on Tuesday,Benzinga reports. Susquehanna currently has a positive rating on the financial services provider’s stock.

A number of other research analysts have also weighed in on the company. Bank of America increased their price target on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. TD Cowen upped their target price on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Cowen restated a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Finally, Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $140.57.

Aercap Price Performance

Aercap stock opened at $136.79 on Tuesday. The stock has a market capitalization of $25.55 billion, a P/E ratio of 6.48, a P/E/G ratio of 2.50 and a beta of 1.40. Aercap has a 12-month low of $85.57 and a 12-month high of $138.34. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The firm’s 50-day moving average is $124.61 and its two-hundred day moving average is $117.69.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.31%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the previous year, the business posted $2.41 earnings per share. The company’s revenue was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Equities analysts predict that Aercap will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.08 annualized dividend and a yield of 0.8%. Aercap’s payout ratio is 5.12%.

Institutional Trading of Aercap

A number of hedge funds have recently made changes to their positions in the company. Savant Capital LLC increased its position in shares of Aercap by 2.4% during the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock valued at $413,000 after purchasing an additional 80 shares during the period. Kathmere Capital Management LLC boosted its stake in Aercap by 3.9% during the third quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock worth $272,000 after buying an additional 85 shares in the last quarter. Fiduciary Alliance LLC increased its holdings in Aercap by 0.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock valued at $2,727,000 after buying an additional 93 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after buying an additional 94 shares in the last quarter. Finally, Huntington National Bank raised its stake in shares of Aercap by 11.7% in the 3rd quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock valued at $108,000 after buying an additional 94 shares in the last quarter. 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.