Aercap (NYSE:AER) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Key Points

• Aercap reported an earnings per share (EPS) of $2.83 for the quarter, surpassing the consensus estimate of $2.75, but revenues fell short of expectations at $1.89 billion versus $2.03 billion.
• The company has updated its fiscal year 2025 EPS guidance to $11.60, while the stock has seen fluctuations with a recent trading price of $109.03 after a drop of $3.65.
• Aercap declared a quarterly dividend of $0.27, reflecting an annualized dividend yield of 0.99% and a payout ratio of 9.58%.

Aercap (NYSE:AER - Get Free Report) released its quarterly earnings results on Wednesday. The financial services provider reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.75 by $0.08, Zacks reports. Aercap had a return on equity of 13.13% and a net margin of 36.93%. The company had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same period in the previous year, the firm posted $3.01 earnings per share. The business's revenue for the quarter was down 3.6% compared to the same quarter last year. Aercap updated its FY 2025 guidance to 11.600-11.600 EPS.

Aercap Trading Up 1.1%

NYSE:AER traded up $1.23 on Friday, hitting $108.48. 1,952,532 shares of the stock were exchanged, compared to its average volume of 1,224,810. The stock has a market cap of $20.26 billion, a PE ratio of 6.75, a PEG ratio of 2.40 and a beta of 1.44. The company has a current ratio of 0.44, a quick ratio of 0.21 and a debt-to-equity ratio of 2.57. The stock has a fifty day moving average of $114.37 and a 200-day moving average of $105.52. Aercap has a fifty-two week low of $82.21 and a fifty-two week high of $118.07.

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, August 13th. This represents a $1.08 annualized dividend and a yield of 1.0%. Aercap's dividend payout ratio is currently 6.72%.

Institutional Investors Weigh In On Aercap

Several institutional investors and hedge funds have recently added to or reduced their stakes in AER. Geneos Wealth Management Inc. increased its stake in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after acquiring an additional 94 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in Aercap by 19.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider's stock worth $271,000 after acquiring an additional 423 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Aercap by 282.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider's stock worth $680,000 after acquiring an additional 4,919 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Morgan Stanley boosted their price target on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Susquehanna lifted their price objective on Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. Barclays lifted their price objective on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, JPMorgan Chase & Co. lifted their price objective on Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $122.00.

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.