AerCap Holdings (NYSE:AER) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of AerCap Holdings (NYSE:AER) have been assigned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $102.38.

A number of research firms recently weighed in on AER. TD Cowen reissued a “buy” rating and issued a $125.00 target price on shares of AerCap in a research note on Monday, July 29th. Susquehanna upped their price objective on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. Barclays upped their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley initiated coverage on shares of AerCap in a research note on Friday, June 7th. They set an “equal weight” rating and a $103.00 price objective on the stock.

Institutional Trading of AerCap

Several hedge funds have recently modified their holdings of AER. Artisan Partners Limited Partnership bought a new stake in shares of AerCap during the fourth quarter valued at approximately $137,412,000. TOMS Capital Investment Management LP bought a new stake in shares of AerCap during the fourth quarter valued at approximately $133,330,000. Castle Hook Partners LP bought a new stake in shares of AerCap during the first quarter valued at approximately $94,062,000. Palestra Capital Management LLC bought a new stake in shares of AerCap during the fourth quarter valued at approximately $76,027,000. Finally, Troluce Capital Advisors LLC grew its stake in shares of AerCap by 163.8% during the fourth quarter. Troluce Capital Advisors LLC now owns 191,300 shares of the financial services provider’s stock valued at $14,217,000 after purchasing an additional 491,300 shares during the last quarter. 96.42% of the stock is owned by institutional investors.

AerCap Stock Performance

NYSE AER opened at $94.72 on Tuesday. The stock has a market cap of $18.75 billion, a P/E ratio of 6.16, a PEG ratio of 2.16 and a beta of 1.83. The company’s 50-day simple moving average is $93.50 and its 200 day simple moving average is $91.08. AerCap has a twelve month low of $57.30 and a twelve month high of $98.79. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69.

AerCap (NYSE:AER) last posted its earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.60. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.56 earnings per share. As a group, research analysts forecast that AerCap will post 11.33 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. AerCap’s dividend payout ratio (DPR) is currently 6.51%.

About AerCap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.