FTAI Aviation Ltd. (NASDAQ:FTAI) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst sentiment is moderately bullish: Nine of 11 analysts rate FTAI Aviation a “buy,” while two recommend holding the stock. The average 12-month price target is $320.11, with recent targets ranging from $325 to $375.
• Quarterly earnings missed expectations: FTAI reported $1.13 in adjusted earnings per share versus the $1.32 consensus estimate, although revenue rose 40.9% year over year to $953.09 million.
• Institutional ownership remains substantial: Hedge funds and other institutions own 88.96% of the stock, while company insiders own 1.35%; President David Moreno also recently purchased about $498,000 of shares. FTAI pays a quarterly dividend of $0.50 per share, equivalent to a 1.0% annual yield.

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eleven research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $320.1111.

Several equities research analysts have commented on FTAI shares. Morgan Stanley boosted their target price on shares of FTAI Aviation from $319.00 to $360.00 and gave the stock an "overweight" rating in a research report on Friday, August 21st. Citizens Jmp started coverage on shares of FTAI Aviation in a report on Wednesday, July 15th. They issued a "market outperform" rating and a $375.00 price target for the company. Jefferies Financial Group reiterated a "buy" rating and issued a $325.00 price objective on shares of FTAI Aviation in a research note on Sunday, August 2nd. BTIG Research decreased their price objective on shares of FTAI Aviation from $400.00 to $350.00 and set a "buy" rating on the stock in a report on Tuesday, August 4th. Finally, Weiss Ratings lowered shares of FTAI Aviation from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, August 3rd.

Insider Activity at FTAI Aviation

In other news, President David Moreno purchased 2,475 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were acquired at an average price of $201.27 per share, with a total value of $498,143.25. Following the purchase, the president directly owned 199,490 shares of the company's stock, valued at $40,151,352.30. The trade was a 1.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 1.35% of the stock is owned by company insiders.

Hedge Funds Weigh In On FTAI Aviation

Hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System boosted its position in FTAI Aviation by 33,634.6% during the second quarter. California State Teachers Retirement System now owns 40,055,754 shares of the financial services provider's stock worth $10,836,283,000 after purchasing an additional 39,937,016 shares in the last quarter. Capital World Investors increased its position in shares of FTAI Aviation by 41.1% in the fourth quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider's stock valued at $1,755,290,000 after buying an additional 2,596,265 shares in the last quarter. Rubric Capital Management LP increased its position in shares of FTAI Aviation by 10.1% in the fourth quarter. Rubric Capital Management LP now owns 3,700,000 shares of the financial services provider's stock valued at $728,345,000 after buying an additional 339,447 shares in the last quarter. Westfield Capital Management Co. LP raised its stake in shares of FTAI Aviation by 10.3% during the 4th quarter. Westfield Capital Management Co. LP now owns 2,350,625 shares of the financial services provider's stock worth $462,721,000 after buying an additional 220,384 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of FTAI Aviation by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 2,004,963 shares of the financial services provider's stock worth $394,757,000 after buying an additional 71,271 shares during the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

FTAI Aviation Stock Down 2.2%

FTAI opened at $194.98 on Friday. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. FTAI Aviation has a 12 month low of $147.98 and a 12 month high of $323.51. The stock has a market capitalization of $20.03 billion, a P/E ratio of 42.39, a P/E/G ratio of 0.99 and a beta of 1.51. The business has a 50 day simple moving average of $223.24 and a 200-day simple moving average of $244.87.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by ($0.19). The business had revenue of $953.09 million for the quarter. FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.FTAI Aviation's revenue for the quarter was up 40.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.57 earnings per share. On average, equities analysts anticipate that FTAI Aviation will post 5.48 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Wednesday, August 12th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, August 12th. FTAI Aviation's dividend payout ratio (DPR) is presently 43.48%.

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.

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