FTAI Aviation Ltd. (NASDAQ:FTAI) Receives Consensus Rating of "Buy" from Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Get Free Report) have earned a consensus recommendation of "Buy" from the thirteen research firms that are presently covering the stock, Marketbeat reports. Twelve analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $171.83.

A number of analysts recently weighed in on FTAI shares. Morgan Stanley dropped their price objective on shares of FTAI Aviation from $168.00 to $138.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Royal Bank Of Canada dropped their price target on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Citizens Jmp upgraded FTAI Aviation to a "strong-buy" rating in a research report on Thursday, May 8th. Stifel Nicolaus raised FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 target price on the stock in a research note on Friday, May 2nd. Finally, Barclays decreased their price target on FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st.

Insider Buying and Selling

In other news, insider Stacy Kuperus purchased 1,087 shares of FTAI Aviation stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average price of $92.90 per share, for a total transaction of $100,982.30. Following the transaction, the insider now owns 88,423 shares in the company, valued at $8,214,496.70. The trade was a 1.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Joseph P. Jr. Adams acquired 3,000 shares of the stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the completion of the transaction, the chief executive officer now owns 341,852 shares in the company, valued at approximately $32,318,688.08. This represents a 0.89% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased 10,667 shares of company stock worth $1,008,715 in the last three months. 1.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FTAI. Versant Capital Management Inc grew its stake in FTAI Aviation by 420.9% during the 1st quarter. Versant Capital Management Inc now owns 224 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 181 shares in the last quarter. Virtus Fund Advisers LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter worth approximately $26,000. Transce3nd LLC acquired a new stake in shares of FTAI Aviation during the fourth quarter worth approximately $29,000. Virtus Advisers LLC purchased a new position in FTAI Aviation during the first quarter valued at approximately $29,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of FTAI Aviation during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 88.96% of the company's stock.

FTAI Aviation Stock Down 2.8%

Shares of FTAI stock opened at $118.60 on Monday. The business has a 50 day moving average of $115.50 and a two-hundred day moving average of $116.66. The company has a market cap of $12.16 billion, a P/E ratio of 564.76 and a beta of 1.66. FTAI Aviation has a 52 week low of $75.06 and a 52 week high of $181.64.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.95 by ($0.08). FTAI Aviation had a return on equity of 438.32% and a net margin of 3.74%. The business's quarterly revenue was up 53.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 EPS. Analysts expect that FTAI Aviation will post 2.2 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 16th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $1.20 annualized dividend and a yield of 1.01%. FTAI Aviation's dividend payout ratio (DPR) is 571.43%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.