NYSE:AYR - Aircastle Stock Price, Forecast & News

Aircastle's stock was trading at $31.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AYR stock has increased by 1.2% and is now trading at $32.01. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aircastle in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Aircastle.

Aircastle is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Aircastle.

Aircastle Limited (NYSE:AYR) posted its earnings results on Thursday, February, 13th. The transportation company reported $0.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.26. The transportation company earned $243.73 million during the quarter, compared to analysts' expectations of $226.37 million. Aircastle had a net margin of 17.06% and a return on equity of 7.71%. View Aircastle's earnings history.

Aircastle declared a quarterly dividend on Monday, February 10th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.32 per share on Friday, March 6th. This represents a $1.28 annualized dividend and a dividend yield of 4.00%. The ex-dividend date is Thursday, February 27th. View Aircastle's dividend history.

Aircastle announced that its board has authorized a stock buyback program on Tuesday, May 21st 2019, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its stock is undervalued.

4 analysts have issued twelve-month target prices for Aircastle's shares. Their forecasts range from $18.00 to $32.00. On average, they expect Aircastle's share price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 15.7%. View analysts' price targets for Aircastle.

News stories about AYR stock have trended very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Aircastle earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutAircastle.

Aircastle saw a increase in short interest in March. As of March 13th, there was short interest totaling 6,235,500 shares, an increase of 315.7% from the February 27th total of 1,500,000 shares. Based on an average trading volume of 700,200 shares, the short-interest ratio is currently 8.9 days. Currently, 12.1% of the company's stock 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), MSC Industrial Direct (MSM), Air Lease (AL), GATX (GATX), Applied Industrial Technologies (AIT), Rush Enterprises (RUSHA), Beacon Roofing Supply (BECN), Kaman (KAMN), WESCO International (WCC), H&E Equipment Services (HEES), Textainer Group (TGH) and MRC Global (MRC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Aircastle investors own include AbbVie (ABBV), AT&T (T), Exxon Mobil (XOM), Education Realty Trust (EDR), Main Street Capital (MAIN), Johnson & Johnson (JNJ), Verizon Communications (VZ), Gilead Sciences (GILD), Altria Group (MO) and Pfizer (PFE).

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

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 $32.01.

Aircastle has a market capitalization of $2.40 billion and generates $917.94 million in revenue each year. The transportation company earns $156.57 million in net income (profit) each year or $2.06 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]