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

Key Points

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Shares of FTAI Aviation Ltd. (NASDAQ:FTAI - Get Free Report) have been given an average recommendation of "Buy" by the thirteen brokerages that are presently covering the company, Marketbeat reports. Twelve investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $176.4167.

A number of analysts have recently commented on the company. JMP Securities lifted their price target on FTAI Aviation from $180.00 to $205.00 and gave the company a "market outperform" rating in a research note on Wednesday, August 6th. Royal Bank Of Canada boosted their target price on shares of FTAI Aviation from $130.00 to $160.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Wall Street Zen raised shares of FTAI Aviation from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a report on Thursday, July 10th. Finally, Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price objective for the company in a report on Friday, May 2nd.

FTAI Aviation Trading Down 1.6%

Shares of NASDAQ FTAI opened at $142.46 on Tuesday. The company has a market cap of $14.61 billion, a price-to-earnings ratio of 35.26 and a beta of 1.61. FTAI Aviation has a 12 month low of $75.06 and a 12 month high of $181.64. The stock has a 50-day moving average price of $124.39 and a two-hundred day moving average price of $115.65.

FTAI Aviation (NASDAQ:FTAI - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.24. The business had revenue of $676.24 million during 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 firm's quarterly revenue was up 52.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($2.26) EPS. On average, sell-side analysts predict that FTAI Aviation will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 19th. Investors of record on Tuesday, August 12th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, August 12th. FTAI Aviation's payout ratio is presently 29.70%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its position in shares of FTAI Aviation by 420.9% during the first quarter. Versant Capital Management Inc now owns 224 shares of the financial services provider's stock worth $25,000 after purchasing an additional 181 shares during the period. Virtus Fund Advisers LLC bought a new stake in FTAI Aviation during the 4th quarter valued at $26,000. Transce3nd LLC acquired a new position in FTAI Aviation during the fourth quarter worth $29,000. Virtus Advisers LLC bought a new position in shares of FTAI Aviation in the first quarter valued at $29,000. Finally, Kapitalo Investimentos Ltda bought a new position in shares of FTAI Aviation in the fourth quarter valued at $30,000. Institutional investors own 88.96% of the company's stock.

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.

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