Shares of Aercap Holdings N.V. (NYSE:AER – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $163.1250.
A number of research firms have recently commented on AER. JPMorgan Chase & Co. upped their price objective on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen increased their target price on shares of Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Susquehanna increased their target price on shares of Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research note on Thursday, April 30th. Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Finally, Weiss Ratings lowered shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, May 26th.
Get Our Latest Report on Aercap
Institutional Inflows and Outflows
Aercap Trading Down 0.4%
NYSE:AER opened at $146.23 on Wednesday. The firm’s fifty day moving average is $141.45 and its 200-day moving average is $142.37. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. Aercap has a 52 week low of $105.65 and a 52 week high of $154.94. The firm has a market cap of $24.40 billion, a P/E ratio of 6.41, a P/E/G ratio of 1.03 and a beta of 0.93.
Aercap (NYSE:AER – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $5.39 EPS for the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. The company had revenue of $2.30 billion for the quarter. Equities analysts expect that Aercap will post 17.23 earnings per share for the current year.
Aercap declared that its Board of Directors has initiated a stock buyback program on Wednesday, April 29th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 4.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.
Aercap Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 13th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.60 annualized dividend and a yield of 1.1%. Aercap’s dividend payout ratio is currently 7.01%.
About Aercap
AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.
Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
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