Analysts Set AerCap Holdings (NYSE:AER) Price Target at $110.83

AerCap Holdings (NYSE:AER) has received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $110.83.

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft lifted their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Barclays lifted their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. TD Cowen reissued a “buy” rating and issued a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Finally, Susquehanna raised their price target on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd.

AerCap Stock Up 0.1 %

AER stock opened at $95.22 on Wednesday. AerCap has a twelve month low of $66.34 and a twelve month high of $99.68. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm has a market cap of $18.85 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. The business has a 50 day moving average of $95.19 and a 200 day moving average of $93.39.

AerCap (NYSE:AER) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 EPS. On average, research analysts forecast that AerCap will post 11.26 EPS for the current fiscal year.

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) is currently 7.92%.

Hedge Funds Weigh In On AerCap

Several institutional investors and hedge funds have recently bought and sold shares of AER. Blue Trust Inc. lifted its position in AerCap by 89.9% during the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares in the last quarter. Mather Group LLC. lifted its position in AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares in the last quarter. Truvestments Capital LLC purchased a new position in AerCap during the third quarter valued at $35,000. UMB Bank n.a. lifted its position in AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new position in AerCap during the third quarter valued at $64,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.