Aercap Holdings N.V. (NYSE:AER) Receives $119.25 Average Price Target from Analysts

Aercap Holdings N.V. (NYSE:AER - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nine research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $119.25.

AER has been the subject of several analyst reports. Bank of America lifted their price target on shares of Aercap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. UBS Group lowered shares of Aercap to an "underperform" rating in a report on Friday, March 7th. JPMorgan Chase & Co. upped their target price on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley raised their price target on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Finally, Susquehanna increased their target price on Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th.

Aercap Price Performance

Shares of AER traded down $0.57 during mid-day trading on Wednesday, hitting $115.01. 1,303,607 shares of the company traded hands, compared to its average volume of 1,351,646. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of $21.48 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 2.38 and a beta of 1.38. The business has a 50-day moving average of $112.36 and a 200 day moving average of $102.73. Aercap has a one year low of $82.21 and a one year high of $118.07.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating the consensus estimate of $2.69 by $0.99. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the firm earned $3.29 EPS. The business's revenue for the quarter was up 2.9% on a year-over-year basis. As a group, equities analysts expect that Aercap will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Wednesday, May 14th. Aercap's dividend payout ratio (DPR) is presently 9.58%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Confluence Investment Management LLC boosted its stake in shares of Aercap by 4.3% during the 2nd quarter. Confluence Investment Management LLC now owns 11,627 shares of the financial services provider's stock worth $1,360,000 after buying an additional 481 shares during the last quarter. Swedbank AB boosted its position in Aercap by 34.1% during the first quarter. Swedbank AB now owns 127,809 shares of the financial services provider's stock valued at $13,058,000 after purchasing an additional 32,483 shares during the last quarter. Rhumbline Advisers grew its stake in Aercap by 10.0% in the first quarter. Rhumbline Advisers now owns 56,486 shares of the financial services provider's stock valued at $5,771,000 after purchasing an additional 5,137 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after purchasing an additional 94 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI raised its stake in shares of Aercap by 24.8% during the 1st quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider's stock worth $13,250,000 after purchasing an additional 25,780 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Company Profile

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.