FTAI Aviation Ltd. (NASDAQ:FTAI) Receives $182.83 Consensus Target Price from Analysts

Key Points

• FTAI Aviation Ltd. has received an average recommendation of "Buy" from fourteen ratings firms, with twelve analysts rating the stock as a buy and one as a strong buy.
• JMP Securities has increased its price target on FTAI Aviation from $180.00 to $205.00, while BTIG Research raised their target from $190.00 to $230.00.
• The company reported earnings of $1.57 per share for the last quarter, exceeding expectations, with a year-over-year revenue increase of 52.4%.

FTAI Aviation Ltd. (NASDAQ:FTAI - Get Free Report) has earned a consensus rating of "Buy" from the fourteen brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $182.8333.

A number of research firms have recently weighed in on FTAI. Zacks Research upgraded shares of FTAI Aviation from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 20th. JMP Securities lifted their price target on shares of FTAI Aviation from $180.00 to $205.00 and gave the company a "market outperform" rating in a research report on Wednesday, August 6th. BTIG Research lifted their price target on shares of FTAI Aviation from $190.00 to $230.00 and gave the company a "buy" rating in a research report on Monday, August 25th. Morgan Stanley lifted their price target on shares of FTAI Aviation from $138.00 to $175.00 and gave the company an "overweight" rating in a research report on Wednesday, August 20th. Finally, Royal Bank Of Canada lifted their price target on shares of FTAI Aviation from $130.00 to $160.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st.

FTAI Aviation Price Performance

FTAI Aviation stock traded up $4.13 during trading hours on Friday, hitting $178.17. The company had a trading volume of 1,180,395 shares, compared to its average volume of 1,106,430. The firm has a market cap of $18.27 billion, a PE ratio of 44.10 and a beta of 1.65. FTAI Aviation has a one year low of $75.06 and a one year high of $181.64. The firm has a 50-day moving average of $141.67 and a 200 day moving average of $121.55.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.24. The firm had revenue of $676.24 million for the quarter, compared to analysts' expectations of $754.75 million. FTAI Aviation had a net margin of 21.31% and a return on equity of 465.13%. The business's revenue was up 52.4% on a year-over-year basis. During the same period in the prior year, the firm earned ($2.26) EPS. As a group, research analysts expect that FTAI Aviation will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 19th. Investors of record on Tuesday, August 12th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 12th. FTAI Aviation's dividend payout ratio (DPR) is 29.70%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. increased its stake in FTAI Aviation by 27.3% in the first quarter. Harbor Capital Advisors Inc. now owns 147,753 shares of the financial services provider's stock valued at $16,405,000 after acquiring an additional 31,694 shares during the last quarter. WCM Investment Management LLC increased its stake in FTAI Aviation by 11.2% in the first quarter. WCM Investment Management LLC now owns 242,083 shares of the financial services provider's stock valued at $27,200,000 after acquiring an additional 24,296 shares during the last quarter. Royce & Associates LP increased its stake in FTAI Aviation by 97.9% in the first quarter. Royce & Associates LP now owns 411,248 shares of the financial services provider's stock valued at $45,661,000 after acquiring an additional 203,447 shares during the last quarter. GAMMA Investing LLC increased its stake in FTAI Aviation by 24,780.1% in the first quarter. GAMMA Investing LLC now owns 47,521 shares of the financial services provider's stock valued at $5,276,000 after acquiring an additional 47,330 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in FTAI Aviation by 5.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,879 shares of the financial services provider's stock valued at $986,000 after acquiring an additional 443 shares during the last quarter. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.