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

FTAI Aviation Ltd. (NASDAQ:FTAI) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $326.8750.

FTAI has been the subject of a number of research reports. Citizens Jmp boosted their price target on FTAI Aviation from $230.00 to $325.00 and gave the company a “market outperform” rating in a research report on Thursday, January 29th. Citigroup reissued an “outperform” rating on shares of FTAI Aviation in a research report on Thursday, January 29th. Weiss Ratings raised FTAI Aviation from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. Zacks Research downgraded FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, BTIG Research boosted their price target on FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research report on Friday, March 13th.

Insider Transactions at FTAI Aviation

In other FTAI Aviation news, Director Martin Tuchman sold 67,500 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the completion of the sale, the director owned 210,491 shares of the company’s stock, valued at approximately $50,936,717.09. The trade was a 24.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 254,260 shares of company stock worth $61,534,703 over the last ninety days. 1.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On FTAI Aviation

Several institutional investors and hedge funds have recently modified their holdings of FTAI. AQR Capital Management LLC purchased a new stake in shares of FTAI Aviation in the first quarter worth about $242,000. Cetera Investment Advisers boosted its position in shares of FTAI Aviation by 73.3% in the second quarter. Cetera Investment Advisers now owns 5,597 shares of the financial services provider’s stock worth $644,000 after buying an additional 2,368 shares during the period. Invesco Ltd. boosted its position in shares of FTAI Aviation by 23.8% in the second quarter. Invesco Ltd. now owns 417,375 shares of the financial services provider’s stock worth $48,015,000 after buying an additional 80,341 shares during the period. Amundi boosted its position in shares of FTAI Aviation by 16,560.0% in the second quarter. Amundi now owns 2,499 shares of the financial services provider’s stock worth $283,000 after buying an additional 2,484 shares during the period. Finally, Jump Financial LLC purchased a new stake in shares of FTAI Aviation in the second quarter worth about $2,736,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

FTAI Aviation stock opened at $252.13 on Thursday. The firm has a market capitalization of $25.86 billion, a P/E ratio of 50.03, a PEG ratio of 1.02 and a beta of 1.49. The stock has a fifty day moving average price of $246.50 and a 200 day moving average price of $232.85. FTAI Aviation has a 52 week low of $108.47 and a 52 week high of $323.51. The company has a current ratio of 5.24, a quick ratio of 2.48 and a debt-to-equity ratio of 8.00.

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

FTAI Aviation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, May 13th. FTAI Aviation’s payout ratio is 31.75%.

About FTAI Aviation

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.