NYSE:AYR - Aircastle Stock Price, Forecast & News

Aircastle trades on the New York Stock Exchange (NYSE) under the ticker symbol "AYR."

Aircastle declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.32 per share on Friday, December 13th. This represents a $1.28 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from Aircastle's previous quarterly dividend of $0.30. View Aircastle's Dividend History.

Aircastle declared that its Board of Directors has initiated a share buyback program on Tuesday, May 21st 2019, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

Aircastle Limited (NYSE:AYR) issued its earnings results on Wednesday, November, 6th. The transportation company reported $0.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.01. The transportation company earned $236.87 million during the quarter, compared to the consensus estimate of $225.72 million. Aircastle had a net margin of 21.97% and a return on equity of 10.52%. View Aircastle's Earnings History.

Aircastle is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Aircastle.

6 analysts have issued 12-month price targets for Aircastle's stock. Their forecasts range from $18.00 to $32.00. On average, they expect Aircastle's stock price to reach $23.17 in the next twelve months. This suggests that the stock has a possible downside of 27.8%. View Analyst Price Targets for Aircastle.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aircastle in the last year. There are currently 1 sell rating and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aircastle.

News coverage about AYR stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aircastle earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Aircastle.

Aircastle saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 850,200 shares, a decrease of 7.2% from the October 31st total of 916,000 shares. Based on an average daily volume of 491,800 shares, the short-interest ratio is currently 1.7 days. Currently, 1.7% of the shares of the company are short sold. View Aircastle's Current Options Chain.

Some companies that are related to Aircastle include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), WESCO International (WCC), Beacon Roofing Supply (BECN), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Aircastle investors own include AT&T (T), Education Realty Trust (EDR), AbbVie (ABBV), Johnson & Johnson (JNJ), Verizon Communications (VZ), Exxon Mobil (XOM), Ford Motor (F), Main Street Capital (MAIN), New Residential Investment (NRZ) and Bank of America (BAC).

Aircastle's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (2.64%), River Road Asset Management LLC (2.03%), State Street Corp (1.66%), Foundry Partners LLC (0.95%), Wedge Capital Management L L P NC (0.72%) and First Trust Advisors LP (0.41%). Company insiders that own Aircastle stock include Hart Kevin, Michael Kriedberg, Ronald Merriman and Teachers Pension Plan Ontario. View Institutional Ownership Trends for Aircastle.

AYR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, River Road Asset Management LLC, Diamond Hill Capital Management Inc., First Trust Advisors LP, Zebra Capital Management LLC, Chicago Equity Partners LLC, Comerica Bank and Wedge Capital Management L L P NC. Company insiders that have sold Aircastle company stock in the last year include Michael Kriedberg and Ronald Merriman. View Insider Buying and Selling for Aircastle.

AYR stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, West Branch Capital LLC, Denali Advisors LLC, Hussman Strategic Advisors Inc., Nisa Investment Advisors LLC, California Public Employees Retirement System, Raymond James Trust N.A. and Russell Investments Group Ltd.. View Insider Buying and Selling for Aircastle.

Shares of AYR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AYR stock can currently be purchased for approximately $32.10.

Aircastle has a market capitalization of $2.40 billion and generates $890.35 million in revenue each year. The transportation company earns $247.91 million in net income (profit) each year or $3.17 on an earnings per share basis. Aircastle employs 109 workers across the globe.View Additional Information About Aircastle.

The official website for Aircastle is http://www.aircastle.com/.

Aircastle's mailing address is 201 Tresser Boulevard Suite 400, STAMFORD CT, 06901. The transportation company can be reached via phone at 203-504-1020 or via email at [email protected]