AerCap Holdings N.V. (NYSE:AER) Stock Has Consensus Target Price of $185.88

AerCap Holdings N.V. (NYSE:AER) has received a consensus rating of “Buy” from the ten research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $185.88.

AER has been the topic of several recent research reports. JPMorgan Chase & Co. raised their target price on shares of AerCap from $183.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, October 29th. Citigroup increased their price target on AerCap from $178.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Deutsche Bank reissued a “buy” rating and set a $190.00 price target on shares of AerCap in a research report on Thursday, July 30th. TD Cowen raised their price objective on AerCap from $185.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. Finally, Truist Financial lifted their price objective on AerCap from $180.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, October 29th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Donald Smith & CO. Inc. acquired a new stake in AerCap during the second quarter worth about $424,585,000. Allspring Global Investments Holdings LLC raised its position in shares of AerCap by 0.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,515,928 shares of the financial services provider’s stock valued at $362,118,000 after buying an additional 10,061 shares in the last quarter. WGI DM LLC raised its position in shares of AerCap by 1.5% in the 3rd quarter. WGI DM LLC now owns 2,419,660 shares of the financial services provider’s stock valued at $347,270,000 after buying an additional 35,013 shares in the last quarter. Ninety One UK Ltd raised its position in shares of AerCap by 12.0% in the 3rd quarter. Ninety One UK Ltd now owns 2,275,507 shares of the financial services provider’s stock valued at $326,581,000 after buying an additional 243,488 shares in the last quarter. Finally, KBC Group NV lifted its holdings in shares of AerCap by 1.2% during the 1st quarter. KBC Group NV now owns 982,037 shares of the financial services provider’s stock worth $134,715,000 after acquiring an additional 11,916 shares during the period. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Stock Performance

NYSE:AER traded down $0.45 during mid-day trading on Friday, reaching $175.54. 978,790 shares of the company’s stock were exchanged, compared to its average volume of 1,347,594. AerCap has a one year low of $129.85 and a one year high of $183.22. The firm has a market capitalization of $29.29 billion, a PE ratio of 9.00, a price-to-earnings-growth ratio of 0.60 and a beta of 0.99. The business’s fifty day simple moving average is $150.51 and its two-hundred day simple moving average is $145.97. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.41 and a current ratio of 0.41.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $6.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.56 by $2.00. AerCap had a net margin of 34.47% and a return on equity of 18.26%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.15 billion. During the same quarter in the previous year, the firm posted $4.97 EPS. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. Analysts anticipate that AerCap will post 22.30 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Wednesday, November 11th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, November 10th. AerCap’s dividend payout ratio is 8.20%.

AerCap Company Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. Through its subsidiaries, AerCap owns, manages and leases commercial aircraft, engines and helicopters to airlines and other aviation customers worldwide. The company provides operating leases, finance leases, aircraft trading and asset management services. Its fleet portfolio includes aircraft from major manufacturers such as Airbus and Boeing, as well as engines and helicopters.