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

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

Aircastle Limited (NYSE:AYR) announced its quarterly earnings data on Wednesday, November, 6th. The transportation company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.56 by $0.01. The transportation company earned $236.87 million during the quarter, compared to analyst estimates 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.

4 Wall Street analysts have issued 12-month price objectives for Aircastle's stock. Their forecasts range from $18.00 to $32.00. On average, they anticipate Aircastle's stock price to reach $24.00 in the next year. This suggests that the stock has a possible downside of 25.3%. View Analyst Price Targets for Aircastle.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aircastle in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Aircastle.

Media headlines about AYR stock have trended extremely negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Aircastle earned a news impact score of -4.5 on InfoTrie's scale. They also assigned media headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Aircastle.

Aircastle saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 614,100 shares, an increase of 47.8% from the December 15th total of 415,400 shares. Based on an average daily trading volume, of 618,300 shares, the short-interest ratio is currently 1.0 days. Currently, 1.2% of the shares of the company are sold short. 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), Beacon Roofing Supply (BECN), WESCO International (WCC), 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), AbbVie (ABBV), Verizon Communications (VZ), Education Realty Trust (EDR), Main Street Capital (MAIN), Exxon Mobil (XOM), Johnson & Johnson (JNJ), CVS Health (CVS), Altria Group (MO) and Pfizer (PFE).

Aircastle's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.69%), Alpine Global Management LLC (0.20%), Vertex One Asset Management Inc. (0.07%), Strs Ohio (0.04%), Janney Montgomery Scott LLC (0.04%) and Advisors Capital Management LLC (0.03%). 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 Advisors Capital Management LLC, First Hawaiian Bank, Wedge Capital Management L L P NC, Strs Ohio and James Investment Research Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Vertex One Asset Management Inc., Janney Montgomery Scott LLC, Clear Street Markets LLC, AE Wealth Management LLC, Violich Capital Management Inc., IFP Advisors Inc and FNY Investment Advisers LLC. 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 $32.11.

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]