AAR Corp. Company Profile (NYSE:AIR)

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

AAR Corp. declared a quarterly dividend on Wednesday, October 11th. Stockholders of record on Monday, October 23rd will be given a dividend of $0.075 per share on Friday, November 3rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Friday, October 20th. View AAR Corp.'s Dividend History.

AAR Corp. announced that its board has approved a stock repurchase plan on Wednesday, July 12th 2017, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 20.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

AAR Corp. (NYSE:AIR) issued its quarterly earnings results on Tuesday, September, 19th. The company reported $0.31 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.31. The business earned $439.20 million during the quarter, compared to analyst estimates of $410.52 million. AAR Corp. had a return on equity of 5.66% and a net margin of 3.20%. AAR Corp.'s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 earnings per share. View AAR Corp.'s Earnings History.

AAR Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, December, 20th 2017. View Earnings Estimates for AAR Corp..

6 analysts have issued 1-year price targets for AAR Corp.'s stock. Their forecasts range from $38.00 to $74.00. On average, they anticipate AAR Corp.'s share price to reach $45.67 in the next twelve months. View Analyst Ratings for AAR Corp..

Here are some recent quotes from research analysts about AAR Corp. stock:

• 1. According to Zacks Investment Research, "AAR Corp.’s first-quarter fiscal 2018 earnings were in line with the Zacks Consensus Estimate, while revenues surpassed the consensus. The company is the largest independent maintenance, repair and overhaul (MRO) provider in North America. Moving ahead, rising air traffic is expected to accelerate maintenance spending on aircraft significantly and drive MRO services growth cycle. Moreover, buoyed by its strong capital deployment activities, AAR Corp.’s share price outperformed the broader industry. However, the company operates in a highly competitive space and is subject to stringent government regulations. Any negative revision in the defense budget candampen its top line.  Again, a comparative analysis of the company’s P/E ratio reflects a relatively gloomy picture that might be a cause for investors." (9/22/2017)
• 2. Credit Suisse Group analysts commented, "We believe that the 2017 delivery profile is likely to be back-end loaded again, but less than in 2016. On A350, the ramp-up remains complex but the level of re-work and extra resources is reducing now and the group continues its efforts on reducing recurring costs. As for A400M, it may be possible that the group is sufficiently advanced in discussions with customers to book a provision for liquidated damages in Q4 (as flagged with H1 results), which may be expected to be significantly lower than the H1 charge." (12/2/2016)

Some companies that are related to AAR Corp. include Aerojet Rocketdyne Holdings (AJRD), Triumph Group (TGI), Kratos Defense & Security Solutions (KTOS), Engility Holdings (EGL), AeroVironment (AVAV), Astronics Corporation (ATRO), Wesco Aircraft Holdings (WAIR), American Outdoor Brands Corporation (AOBC), Ducommun Incorporated (DCO), Arotech Corporation (ARTX), Rada Electronics Industries Limited (RADA) and Erickson (EAC).

AAR Corp.'s management team includes the folowing people:

• David P. Storch, Chairman of the Board, Chief Executive Officer
• John M. Holmes, President, Chief Operating Officer, Director
• Timothy J. Romenesko, Vice Chairman of the Board, Chief Financial Officer
• Michael D. Milligan, Chief Financial Officer, Vice President
• Eric S. Pachapa, Chief Accounting Officer, Vice President, Controller
• Robert J. Regan, Vice President, General Counsel, Secretary
• Ronald R. Fogleman, Lead Independent Director
• Anthony K. Anderson, Independent Director
• Norman R. Bobins, Independent Director
• Michael Ross Boyce, Independent Director

AAR Corp.'s stock is owned by many different of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (3.11%). Company insiders that own AAR Corp. stock include Anthony Anderson, John Mcclain Holmes III, Peter Pace, Robert J Regan, Ronald B Woodard and Timothy J Romenesko. View Institutional Ownership Trends for AAR Corp..

AAR Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. Company insiders that have sold AAR Corp. stock in the last year include Anthony Anderson, John Mcclain Holmes III, Robert J Regan, Ronald B Woodard and Timothy J Romenesko. View Insider Buying and Selling for AAR Corp..

Shares of AAR Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AAR Corp. stock can currently be purchased for approximately $38.76.