FTAI Aviation Ltd. (NASDAQ:FTAI) Given Average Recommendation of “Buy” by Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have received an average rating of “Buy” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $317.3750.

A number of research firms have weighed in on FTAI. BTIG Research increased their price target on shares of FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a research note on Friday, March 13th. Zacks Research raised shares of FTAI Aviation from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 22nd. Citigroup reaffirmed an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Morgan Stanley increased their price target on shares of FTAI Aviation from $266.00 to $293.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 24th. Finally, Royal Bank Of Canada increased their price target on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th.

FTAI Aviation Stock Performance

Shares of FTAI opened at $239.95 on Friday. The company has a debt-to-equity ratio of 10.32, a quick ratio of 2.30 and a current ratio of 5.28. The company has a market capitalization of $24.61 billion, a price-to-earnings ratio of 47.61, a PEG ratio of 0.91 and a beta of 1.49. The company’s 50 day simple moving average is $254.67 and its 200 day simple moving average is $223.96. FTAI Aviation has a 1 year low of $88.82 and a 1 year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.32). The firm had revenue of $830.70 million for the quarter. FTAI Aviation had a net margin of 18.92% and a return on equity of 214.24%. The business’s revenue for the quarter was up 65.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 earnings per share. On average, sell-side analysts predict that FTAI Aviation will post 7.21 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 13th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. FTAI Aviation’s dividend payout ratio (DPR) is currently 31.75%.

Hedge Funds Weigh In On FTAI Aviation

A number of large investors have recently bought and sold shares of the stock. Diversify Wealth Management LLC acquired a new stake in shares of FTAI Aviation in the first quarter worth $3,109,000. Sequoia Financial Advisors LLC lifted its holdings in shares of FTAI Aviation by 7.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 23,721 shares of the financial services provider’s stock valued at $5,812,000 after acquiring an additional 1,631 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of FTAI Aviation during the 1st quarter valued at $6,962,000. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of FTAI Aviation during the 1st quarter valued at $46,517,000. Finally, Resona Asset Management Co. Ltd. acquired a new position in shares of FTAI Aviation during the 1st quarter valued at $7,217,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

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.