FTAI Aviation Ltd. (NYSE:FTAI) Receives $173.67 Consensus Target Price from Brokerages

FTAI Aviation Ltd. (NYSE:FTAI) has been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. One research 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 objective among brokerages that have covered the stock in the last year is $173.67.

Several analysts have issued reports on FTAI shares. Barclays increased their target price on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. Royal Bank of Canada reissued an “outperform” rating and set a $160.00 price objective on shares of FTAI Aviation in a research note on Wednesday, January 22nd. Stifel Nicolaus restated a “hold” rating and set a $123.00 target price (up from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. Compass Point raised their price target on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, StockNews.com raised FTAI Aviation to a “sell” rating in a report on Saturday, March 15th.

Institutional Trading of FTAI Aviation

Hedge funds have recently added to or reduced their stakes in the business. Brown Brothers Harriman & Co. purchased a new position in shares of FTAI Aviation in the third quarter worth about $26,000. Virtus Fund Advisers LLC purchased a new position in FTAI Aviation in the 4th quarter worth approximately $26,000. Transce3nd LLC bought a new stake in FTAI Aviation in the fourth quarter valued at approximately $29,000. Kapitalo Investimentos Ltda purchased a new stake in shares of FTAI Aviation during the fourth quarter valued at approximately $30,000. Finally, Anchor Investment Management LLC bought a new position in shares of FTAI Aviation in the third quarter worth approximately $31,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Trading Up 7.2 %

FTAI stock opened at $114.91 on Friday. The firm has a 50 day moving average of $112.51 and a 200-day moving average of $133.17. The firm has a market capitalization of $11.78 billion, a P/E ratio of -1,148.99 and a beta of 2.06. FTAI Aviation has a 12 month low of $65.00 and a 12 month high of $181.64.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, March 14th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.04%. The ex-dividend date was Friday, March 14th. FTAI Aviation’s dividend payout ratio is currently -342.86%.

FTAI Aviation Company Profile

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.