Brokerages Set FTAI Aviation Ltd. (NYSE:FTAI) Target Price at $131.55

FTAI Aviation Ltd. (NYSE:FTAI) has received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $134.73.

A number of research analysts have issued reports on FTAI shares. Citigroup upped their target price on shares of FTAI Aviation from $81.00 to $99.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. JMP Securities lifted their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a report on Thursday, July 25th. StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Friday, August 2nd. Compass Point lifted their price objective on FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft increased their target price on FTAI Aviation from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, July 25th.

Hedge Funds Weigh In On FTAI Aviation

Several hedge funds have recently made changes to their positions in the business. Arcadia Investment Management Corp MI bought a new stake in FTAI Aviation during the second quarter worth about $33,000. Ridgewood Investments LLC acquired a new stake in shares of FTAI Aviation in the 2nd quarter valued at approximately $59,000. Tucker Asset Management LLC boosted its holdings in shares of FTAI Aviation by 726.5% in the 4th quarter. Tucker Asset Management LLC now owns 1,653 shares of the financial services provider’s stock valued at $77,000 after buying an additional 1,453 shares during the last quarter. Kapitalo Investimentos Ltda bought a new position in shares of FTAI Aviation in the fourth quarter valued at $109,000. Finally, EverSource Wealth Advisors LLC increased its holdings in FTAI Aviation by 165.0% during the first quarter. EverSource Wealth Advisors LLC now owns 2,875 shares of the financial services provider’s stock worth $202,000 after buying an additional 1,790 shares during the last quarter. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $132.90 on Friday. The firm has a 50 day simple moving average of $116.65 and a 200 day simple moving average of $94.22. FTAI Aviation has a fifty-two week low of $32.66 and a fifty-two week high of $133.91. The firm has a market cap of $13.32 billion, a P/E ratio of 60.68 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI) last released its earnings results on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $443.59 million for the quarter, compared to the consensus estimate of $361.92 million. FTAI Aviation had a positive return on equity of 180.68% and a negative net margin of 1.50%. On average, sell-side analysts expect that FTAI Aviation will post 2.13 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Monday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.90%. FTAI Aviation’s payout ratio is presently 54.79%.

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.