AAR Corp. Company Profile (NYSE:AIR)

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

AAR Corp. announced a quarterly dividend on Monday, July 10th. Investors of record on Friday, July 21st will be paid a dividend of $0.075 per share on Wednesday, August 2nd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Wednesday, July 19th. View AAR Corp.'s Dividend History.

AAR Corp. announced that its Board of Directors has initiated a share buyback plan on Wednesday, July 12th 2017, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 20.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

AAR Corp. (NYSE:AIR) announced its quarterly earnings data on Tuesday, July, 11th. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.01. The company had revenue of $492.30 million for the quarter, compared to the consensus estimate of $486.93 million. AAR Corp. had a return on equity of 5.69% and a net margin of 3.20%. The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the company posted $0.32 earnings per share. View AAR Corp.'s Earnings History.

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

4 brokerages 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 stock price to reach $48.75 in the next year. 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. 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 the MRO services growth cycle. Its share price has outperformed the Zacks categorized Aerospace/Defense Equipment industry price over the last one year. The company is gradually lowering its debts and expects an increase in cash flow on the back of its strong fundamentals. However, the company operates in a highly competitive space and is subject to stringent government regulations." (6/20/2017)
• 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), Engility Holdings (EGL), Kratos Defense & Security Solutions (KTOS), American Outdoor Brands Corporation (AOBC), AeroVironment (AVAV), Wesco Aircraft Holdings (WAIR), Astronics Corporation (ATRO), 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, President, Chief Executive Officer
• John M. Holmes, President, Chief Operating Officer, Director
• Timothy J. Romenesko, Vice Chairman of the Board, Chief Financial Officer
• Eric S. Pachapa, Chief Accounting Officer, Vice President, Controller
• Robert J. Regan, Vice President, General Counsel, Secretary
• Dylan Wolin, Vice President - Strategy and Acquisitions
• Ronald R. Fogleman, Lead Independent Director
• Duncan J. McNabb, Director
• Anthony K. Anderson, Independent Director
• Norman R. Bobins, Independent Director

AAR Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.02%), Franklin Resources Inc. (11.68%), Vanguard Group Inc. (8.68%), Dimensional Fund Advisors LP (8.65%), Northern Trust Corp (3.79%) and State Street Corp (3.32%). Company insiders that own AAR Corp. stock include Anthony Anderson, John Mcclain Holmes III, Marc Jay Walfish, 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 Deprince Race & Zollo Inc., LSV Asset Management, JPMorgan Chase & Co., Arrowstreet Capital Limited Partnership, Columbus Circle Investors, Russell Investments Group Ltd., Franklin Resources Inc. and Nationwide Fund Advisors. Company insiders that have sold AAR Corp. stock in the last year include Anthony Anderson, John Mcclain Holmes III, Peter Pace, Robert J Regan, Ronald B Woodard and Timothy J Romenesko. View Insider Buying and Selling for AAR Corp..

AAR Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, Heartland Advisors Inc., American Century Companies Inc., BlackRock Inc., GSA Capital Partners LLP, Northern Trust Corp, Essex Investment Management Co. LLC and Goldman Sachs Group Inc.. 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 $35.13.