Fortress Transprtn and Infr Investrs (FTAI) Earns News Impact Score of -0.03
Media coverage about Fortress Transprtn and Infr Investrs (NYSE:FTAI) has trended somewhat negative on Wednesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fortress Transprtn and Infr Investrs earned a media sentiment score of -0.03 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.647052110861 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Fortress Transprtn and Infr Investrs (FTAI) opened at $19.99 on Wednesday. The company has a market capitalization of $1,510.00 and a price-to-earnings ratio of -333.17. Fortress Transprtn and Infr Investrs has a 12 month low of $13.45 and a 12 month high of $20.08.
Fortress Transprtn and Infr Investrs (NYSE:FTAI) last announced its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. The firm had revenue of $60.40 million for the quarter, compared to the consensus estimate of $56.04 million. Fortress Transprtn and Infr Investrs had a positive return on equity of 0.60% and a negative net margin of 2.36%. The company’s quarterly revenue was up 44.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) earnings per share. analysts anticipate that Fortress Transprtn and Infr Investrs will post 0.16 EPS for the current fiscal year.
A number of equities research analysts have recently commented on FTAI shares. BidaskClub raised Fortress Transprtn and Infr Investrs from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Bank of America increased their target price on Fortress Transprtn and Infr Investrs from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, November 6th. Finally, Zacks Investment Research raised Fortress Transprtn and Infr Investrs from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research note on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $19.63.
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About Fortress Transprtn and Infr Investrs
Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.
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