FTAI Aviation Ltd. (NYSE:FTAI) Receives $176.18 Average Target Price from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have earned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $176.18.

Several equities analysts have weighed in on FTAI shares. Benchmark lifted their price objective on shares of FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft lifted their price target on FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Jefferies Financial Group increased their price objective on FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Citigroup lifted their target price on FTAI Aviation from $134.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, October 28th. Finally, Barclays increased their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 4th.

Institutional Investors Weigh In On FTAI Aviation

Several hedge funds have recently made changes to their positions in FTAI. Brown Brothers Harriman & Co. bought a new stake in FTAI Aviation in the third quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in FTAI Aviation during the third quarter worth about $31,000. Farther Finance Advisors LLC grew its position in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after buying an additional 189 shares during the period. Everence Capital Management Inc. bought a new stake in shares of FTAI Aviation in the 4th quarter valued at about $203,000. Finally, Raymond James Trust N.A. acquired a new stake in shares of FTAI Aviation in the 3rd quarter valued at approximately $200,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Up 5.5 %

NYSE:FTAI opened at $168.78 on Monday. The stock has a fifty day simple moving average of $150.51 and a 200 day simple moving average of $130.36. The firm has a market capitalization of $17.31 billion, a price-to-earnings ratio of -1,687.63 and a beta of 2.09. FTAI Aviation has a 1-year low of $46.20 and a 1-year high of $177.18.

FTAI Aviation (NYSE:FTAI) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The firm had revenue of $465.80 million during the quarter, compared to analyst estimates of $422.45 million. During the same quarter in the previous year, the business earned $0.33 earnings per share. The business’s quarterly revenue was up 60.0% compared to the same quarter last year. Equities analysts predict that FTAI Aviation will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation’s dividend payout ratio is -1,200.00%.

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.