FTAI Aviation Ltd. (NYSE:FTAI) Receives $67.17 Consensus Target Price from Brokerages

Shares of FTAI Aviation Ltd. (NYSE:FTAI - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $67.17.

A number of analysts have issued reports on the company. Benchmark boosted their target price on FTAI Aviation from $45.00 to $100.00 and gave the company a "buy" rating in a research report on Friday, March 15th. Compass Point upped their price objective on FTAI Aviation from $71.00 to $88.00 and gave the stock a "buy" rating in a research report on Friday, April 26th. Barclays upped their price objective on FTAI Aviation from $62.00 to $80.00 and gave the stock an "overweight" rating in a research report on Thursday, April 4th. JMP Securities upped their price objective on FTAI Aviation from $66.00 to $85.00 and gave the stock a "market outperform" rating in a research report on Monday. Finally, Morgan Stanley boosted their target price on shares of FTAI Aviation from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 27th.

Institutional Investors Weigh In On FTAI Aviation

Institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio grew its position in FTAI Aviation by 37.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 848 shares of the financial services provider's stock worth $30,000 after purchasing an additional 231 shares during the last quarter. CWM LLC bought a new position in FTAI Aviation in the 4th quarter worth about $43,000. Operose Advisors LLC bought a new position in FTAI Aviation in the 3rd quarter worth about $75,000. USA Financial Formulas grew its position in FTAI Aviation by 1,684.6% in the 4th quarter. USA Financial Formulas now owns 1,624 shares of the financial services provider's stock worth $75,000 after purchasing an additional 1,533 shares during the last quarter. Finally, Tucker Asset Management LLC grew its position in FTAI Aviation by 726.5% in the 4th quarter. Tucker Asset Management LLC now owns 1,653 shares of the financial services provider's stock worth $77,000 after purchasing an additional 1,453 shares during the last quarter. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Stock Up 4.3 %

NYSE FTAI traded up $2.99 on Wednesday, reaching $73.20. The stock had a trading volume of 1,137,210 shares, compared to its average volume of 878,708. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 33.42 and a beta of 1.90. FTAI Aviation has a 12-month low of $26.79 and a 12-month high of $74.99. The stock has a fifty day moving average price of $64.64 and a two-hundred day moving average price of $51.96.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its earnings results on Thursday, April 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.06). The firm had revenue of $326.70 million during the quarter, compared to analysts' expectations of $302.07 million. FTAI Aviation had a net margin of 21.08% and a return on equity of 188.45%. The firm's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 EPS. Sell-side analysts forecast that FTAI Aviation will post 2.49 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Friday, May 10th will be issued a $0.30 dividend. The ex-dividend date is Thursday, May 9th. This represents a $1.20 dividend on an annualized basis and a yield of 1.64%. FTAI Aviation's dividend payout ratio is currently 54.79%.

About FTAI Aviation

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.