FTAI Aviation (FTAI) Scheduled to Post Earnings on Thursday

FTAI Aviation (NYSE:FTAI) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect FTAI Aviation to post earnings of $0.37 per share for the quarter. Persons interested in listening to the company’s conference call can do so using this link.

FTAI Aviation (NYSE:FTAI) last announced its earnings results on Thursday, February 22nd. The financial services provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.72. FTAI Aviation had a net margin of 20.82% and a return on equity of 223.80%. The business had revenue of $312.74 million during the quarter, compared to the consensus estimate of $310.04 million. During the same quarter last year, the firm earned $0.20 earnings per share. FTAI Aviation’s quarterly revenue was up 14.0% on a year-over-year basis. On average, analysts expect FTAI Aviation to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $70.89 on Tuesday. FTAI Aviation has a one year low of $26.58 and a one year high of $73.54. The stock’s 50-day moving average is $62.40 and its 200 day moving average is $50.39. The firm has a market cap of $7.11 billion, a price-to-earnings ratio of 33.76 and a beta of 1.90.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 8th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.69%. FTAI Aviation’s dividend payout ratio (DPR) is presently 57.14%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Stifel Nicolaus reissued a “hold” rating and issued a $59.00 price objective (up from $40.00) on shares of FTAI Aviation in a research note on Monday, February 26th. StockNews.com lowered FTAI Aviation from a “hold” rating to a “sell” rating in a report on Friday, April 12th. Benchmark increased their target price on FTAI Aviation from $45.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Barclays lifted their price target on shares of FTAI Aviation from $62.00 to $80.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Finally, Morgan Stanley boosted their price objective on shares of FTAI Aviation from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Tuesday, February 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $54.25.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.