FTAI Aviation Ltd. (NASDAQ:FTAI) Receives $292.22 Average PT from Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $292.7778.

A number of analysts have recently weighed in on the stock. Jefferies Financial Group reissued a “buy” rating and set a $350.00 price target on shares of FTAI Aviation in a research report on Monday, February 9th. Citigroup reiterated an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Zacks Research raised shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Royal Bank Of Canada boosted their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th.

Hedge Funds Weigh In On FTAI Aviation

Hedge funds have recently added to or reduced their stakes in the business. LDR Capital Management LLC acquired a new position in FTAI Aviation during the 3rd quarter valued at about $1,102,000. Diversified Trust Co acquired a new stake in shares of FTAI Aviation in the third quarter valued at approximately $2,846,000. Asset Management One Co. Ltd. acquired a new stake in shares of FTAI Aviation in the third quarter valued at approximately $2,056,000. Hiddenite Capital Partners LP raised its holdings in shares of FTAI Aviation by 12.9% during the third quarter. Hiddenite Capital Partners LP now owns 79,000 shares of the financial services provider’s stock valued at $13,182,000 after buying an additional 9,000 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of FTAI Aviation by 396.7% during the third quarter. JPMorgan Chase & Co. now owns 831,414 shares of the financial services provider’s stock valued at $138,730,000 after buying an additional 664,037 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Trading Down 6.3%

Shares of FTAI opened at $222.24 on Friday. FTAI Aviation has a one year low of $81.45 and a one year high of $323.51. The stock has a 50-day moving average price of $272.50 and a 200 day moving average price of $205.41. The company has a debt-to-equity ratio of 10.32, a quick ratio of 2.30 and a current ratio of 5.28. The company has a market capitalization of $22.80 billion, a P/E ratio of 48.10, a P/E/G ratio of 0.96 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings data on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The business had revenue of $662.03 million for the quarter, compared to analysts’ expectations of $710.37 million. During the same quarter in the prior year, the firm earned $0.84 earnings per share. FTAI Aviation’s revenue for the quarter was up 32.7% compared to the same quarter last year. Sell-side analysts forecast that FTAI Aviation will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, March 13th. FTAI Aviation’s payout ratio is currently 30.30%.

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.