FTAI Aviation (NASDAQ:FTAI) Stock Sees Heavy Call Option Buying

FTAI Aviation Ltd. (NASDAQ:FTAI) saw some unusual options trading on Monday. Stock investors bought 3,544 call options on the company. This is an increase of 27% compared to the typical volume of 2,783 call options.

Analysts Set New Price Targets

A number of research firms recently issued reports on FTAI. Morgan Stanley decreased their price objective on shares of FTAI Aviation from $360.00 to $310.00 and set an “overweight” rating for the company in a report on Friday, October 16th. Citizens Jmp began coverage on shares of FTAI Aviation in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $290.00 target price on shares of FTAI Aviation in a research report on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and set a $325.00 price target on shares of FTAI Aviation in a research note on Sunday, August 2nd. Finally, BTIG Research lowered their price target on shares of FTAI Aviation from $400.00 to $350.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $304.38.

FTAI Aviation Price Performance

Shares of NASDAQ FTAI opened at $198.83 on Tuesday. The stock has a market cap of $20.42 billion, a PE ratio of 40.33, a price-to-earnings-growth ratio of 0.83 and a beta of 1.51. FTAI Aviation has a fifty-two week low of $146.48 and a fifty-two week high of $323.51. The company has a debt-to-equity ratio of 8.55, a quick ratio of 2.07 and a current ratio of 5.28. The stock has a fifty day moving average of $178.73 and a 200-day moving average of $231.78.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings data on Thursday, October 29th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.12. FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%. The business had revenue of $977.66 million for the quarter. During the same period last year, the company posted $1.10 EPS. The business’s revenue for the quarter was up 46.6% on a year-over-year basis. Equities research analysts anticipate that FTAI Aviation will post 5.48 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.50 per share. The ex-dividend date is Tuesday, November 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. FTAI Aviation’s dividend payout ratio is currently 40.57%.

Hedge Funds Weigh In On FTAI Aviation

A number of large investors have recently modified their holdings of the company. Root Financial Partners LLC boosted its position in shares of FTAI Aviation by 40.9% during the 1st quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 45 shares during the last quarter. Compound Planning Inc. lifted its stake in FTAI Aviation by 2.7% during the first quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock worth $560,000 after purchasing an additional 60 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in FTAI Aviation by 142.2% during the first quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 64 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of FTAI Aviation by 55.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 179 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 64 shares in the last quarter. Finally, Abel Hall LLC boosted its holdings in shares of FTAI Aviation by 6.2% in the 1st quarter. Abel Hall LLC now owns 1,362 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 79 shares in the last quarter. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.

The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.