FTAI Aviation Ltd. (NASDAQ:FTAI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have earned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $326.8750.

FTAI has been the subject of a number of recent analyst reports. Morgan Stanley reiterated an “overweight” rating and set a $319.00 price target on shares of FTAI Aviation in a report on Friday, May 8th. Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 2nd. Jefferies Financial Group restated a “buy” rating and set a $400.00 target price on shares of FTAI Aviation in a research report on Sunday, May 3rd. Finally, Zacks Research cut FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st.

Insider Buying and Selling

In other news, Director Judith A. Hannaway sold 255 shares of FTAI Aviation stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the sale, the director owned 3,012 shares in the company, valued at $764,716.68. The trade was a 7.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Martin Tuchman sold 143,584 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $242.44, for a total transaction of $34,810,504.96. Following the transaction, the director owned 236,302 shares in the company, valued at $57,289,056.88. The trade was a 37.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 254,515 shares of company stock worth $61,599,445 over the last 90 days. Company insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

A number of large investors have recently bought and sold shares of FTAI. Doliver Advisors LP bought a new stake in FTAI Aviation in the second quarter valued at $989,000. Handelsbanken Fonder AB boosted its position in shares of FTAI Aviation by 2.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 33,320 shares of the financial services provider’s stock worth $9,014,000 after purchasing an additional 720 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of FTAI Aviation by 60.3% during the 2nd quarter. Fulton Bank N.A. now owns 3,123 shares of the financial services provider’s stock worth $845,000 after purchasing an additional 1,175 shares in the last quarter. Wealth Science Advisors LLC grew its stake in shares of FTAI Aviation by 14.1% in the 2nd quarter. Wealth Science Advisors LLC now owns 1,326 shares of the financial services provider’s stock valued at $359,000 after buying an additional 164 shares during the period. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in shares of FTAI Aviation in the 2nd quarter valued at about $557,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 1.7%

Shares of NASDAQ FTAI opened at $206.22 on Friday. The company’s 50 day moving average price is $251.08 and its 200-day moving average price is $253.66. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24. FTAI Aviation has a 52-week low of $109.90 and a 52-week high of $323.51. The company has a market capitalization of $21.15 billion, a P/E ratio of 40.92, a price-to-earnings-growth ratio of 0.85 and a beta of 1.46.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The firm had revenue of $830.70 million for the quarter. During the same period in the previous year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 65.4% compared to the same quarter last year. Equities analysts forecast that FTAI Aviation will post 6.77 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th were paid a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 annualized dividend and a yield of 0.9%. FTAI Aviation’s payout ratio is 31.75%.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.