AAR (AIR) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AAR in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AIR shares.
View AIR analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued twelve-month price targets for AAR's stock. Their AIR share price forecasts range from $55.00 to $60.00. On average, they anticipate the company's share price to reach $57.67 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts price targets for AIR or view top-rated stocks among Wall Street analysts.

AAR's stock was trading at $44.90 at the beginning of 2023. Since then, AIR stock has increased by 16.3% and is now trading at $52.22.
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AAR saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 744,600 shares, a decrease of 6.5% from the April 30th total of 796,600 shares. Based on an average daily volume of 184,900 shares, the short-interest ratio is currently 4.0 days. Approximately 2.3% of the company's stock are sold short.
View AAR's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our AIR earnings forecast.

AAR Corp. (NYSE:AIR) posted its earnings results on Tuesday, March, 21st. The aerospace company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.07. The aerospace company had revenue of $521.10 million for the quarter, compared to the consensus estimate of $487.41 million. AAR had a trailing twelve-month return on equity of 9.46% and a net margin of 4.75%. The company's quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 earnings per share.

ETFs with the largest weight of AAR (NYSE:AIR) stock in their portfolio include AdvisorShares Drone Technology ETF (UAV), SPDR S&P Aerospace & Defense ETF (XAR), ARK Space Exploration & Innovation ETF (ARKX), Invesco S&P SmallCap Industrials ETF (PSCI), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Indxx Aerospace & Defense ETF (MISL), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Invesco S&P SmallCap Momentum ETF (XSMO).

AAR (NYSE:AIR) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 11.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIR will have a dividend payout ratio of 8.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIR.

45 employees have rated AAR Chief Executive Officer John Holmes on Glassdoor.com. John Holmes has an approval rating of 82% among the company's employees. 58.0% of employees surveyed would recommend working at AAR to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other AAR investors own include Boeing (BA), Verizon Communications (VZ), AT&T (T), JPMorgan Chase & Co. (JPM), Bank of America (BAC), General Electric (GE), Intel (INTC), Altria Group (MO), Micron Technology (MU) and Caterpillar (CAT).

AAR trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIR."

AAR's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.23%), Dimensional Fund Advisors LP (8.24%), State Street Corp (5.19%), Rubric Capital Management LP (4.22%), Victory Capital Management Inc. (2.81%) and Franklin Resources Inc. (2.63%). Insiders that own company stock include Anthony Anderson, Christopher A Jessup, David P Storch, Eric Pachapa, H John Gilbertson Jr, Jennifer L Vogel, Jessica A Garascia, John Mcclain Holmes III, Michael Ross Boyce and Sean M Gillen.
View institutional ownership trends.

Shares of AIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AIR stock can currently be purchased for approximately $52.22.

AAR (NYSE:AIR) has a market capitalization of $1.81 billion and generates $1.91 billion in revenue each year. The aerospace company earns $78.70 million in net income (profit) each year or $2.55 on an earnings per share basis.

The company employs 4,500 workers across the globe.

AAR's mailing address is ONE AAR PLACE 1100 N. WOOD DALE ROAD, WOOD DALE IL, 60191. The official website for the company is www.aarcorp.com. The aerospace company can be reached via phone at (630) 227-2000, via email at karen.pepping@aarcorp.com, or via fax at 630-227-2039.