Aircastle Stock Forecast, Price & News

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Aircastle Limited (NYSE:AYR) announced its earnings results on Thursday, February, 13th. The transportation company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.26. The transportation company had revenue of $243.73 million for the quarter, compared to analysts' expectations of $226.37 million. Aircastle had a trailing twelve-month return on equity of 7.71% and a net margin of 17.06%.
View Aircastle's earnings history.

Aircastle pays an annual dividend of $1.28 per share and currently has a dividend yield of 4.00%. AYR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Aircastle is 62.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Aircastle will have a dividend payout ratio of 50.00% next year. This indicates that Aircastle will be able to sustain or increase its dividend.
View Aircastle's dividend history.

Aircastle announced that its Board of Directors has approved a stock repurchase 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 repurchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Aircastle investors own include Education Realty Trust (EDR), Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Main Street Capital (MAIN), Wells Fargo & Company (WFC), Gilead Sciences (GILD), Exxon Mobil (XOM), The Boeing (BA) and Ford Motor (F).

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

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.

The official website for Aircastle is www.aircastle.com.

Aircastle is headquartered at 201 Tresser Boulevard Suite 400, STAMFORD CT, 06901.

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]