AerCap Holdings (NYSE:AER) Receives $112.00 Average Target Price from Analysts

AerCap Holdings (NYSE:AER) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $112.00.

A number of analysts have recently commented on AER shares. Deutsche Bank Aktiengesellschaft upped their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 target price on shares of AerCap in a report on Thursday, November 21st.

AerCap Price Performance

AerCap stock opened at $95.93 on Thursday. The stock has a market capitalization of $18.99 billion, a P/E ratio of 7.60, a P/E/G ratio of 2.17 and a beta of 1.82. AerCap has a 12-month low of $70.91 and a 12-month high of $100.81. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm’s 50-day moving average is $96.15 and its two-hundred day moving average is $94.82.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.41. The firm had revenue of $1.95 billion for 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 firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the company earned $2.81 EPS. Equities analysts predict that AerCap will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.04%. AerCap’s dividend payout ratio (DPR) is 7.92%.

Hedge Funds Weigh In On AerCap

Hedge funds and other institutional investors have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. raised its position in shares of AerCap by 59.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock worth $1,686,000 after purchasing an additional 6,654 shares during the period. DGS Capital Management LLC increased its position in AerCap by 39.0% in the third quarter. DGS Capital Management LLC now owns 11,252 shares of the financial services provider’s stock worth $1,066,000 after buying an additional 3,159 shares during the period. Franklin Resources Inc. lifted its stake in AerCap by 5.3% in the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock valued at $545,726,000 after buying an additional 282,980 shares during the last quarter. Synovus Financial Corp bought a new stake in AerCap in the third quarter valued at $3,141,000. Finally, Tidal Investments LLC boosted its holdings in shares of AerCap by 271.8% during the third quarter. Tidal Investments LLC now owns 8,496 shares of the financial services provider’s stock valued at $805,000 after acquiring an additional 6,211 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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.