FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Recommendation of “Moderate Buy” from Analysts

FTAI Aviation Ltd. (NYSE:FTAI) has earned an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $67.17.

FTAI has been the topic of several analyst reports. JMP Securities boosted their price target on shares of FTAI Aviation from $66.00 to $85.00 and gave the stock a “market outperform” rating in a report on Monday. Morgan Stanley boosted their price target on shares of FTAI Aviation from $58.00 to $70.00 and gave the stock an “overweight” rating in a report on Tuesday, February 27th. StockNews.com lowered shares of FTAI Aviation from a “hold” rating to a “sell” rating in a research report on Friday, April 12th. Barclays lifted their price objective on shares of FTAI Aviation from $62.00 to $80.00 and gave the stock an “overweight” rating in a research report on Thursday, April 4th. Finally, Stifel Nicolaus lifted their price objective on shares of FTAI Aviation from $59.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Public Employees Retirement System of Ohio boosted its stake in shares of FTAI Aviation by 37.4% during the third quarter. Public Employees Retirement System of Ohio now owns 848 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 231 shares during the period. CWM LLC bought a new position in FTAI Aviation during the 4th quarter worth about $43,000. USA Financial Formulas grew its holdings in FTAI Aviation by 1,684.6% during the 4th quarter. USA Financial Formulas now owns 1,624 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 1,533 shares in the last quarter. Tucker Asset Management LLC grew its holdings in FTAI Aviation by 726.5% during the 4th quarter. Tucker Asset Management LLC now owns 1,653 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 1,453 shares in the last quarter. Finally, Operose Advisors LLC bought a new position in FTAI Aviation during the 3rd quarter worth about $75,000. 88.96% of the stock is owned by hedge funds and other institutional investors.

FTAI Aviation Stock Down 3.3 %

Shares of NYSE FTAI opened at $70.21 on Wednesday. FTAI Aviation has a twelve month low of $26.79 and a twelve month high of $74.99. The firm has a fifty day simple moving average of $64.30 and a 200 day simple moving average of $51.70. The company has a market capitalization of $7.04 billion, a PE ratio of 32.06 and a beta of 1.90.

FTAI Aviation (NYSE:FTAI) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.06). The company had revenue of $326.70 million during the quarter, compared to analyst estimates of $302.07 million. FTAI Aviation had a return on equity of 210.66% and a net margin of 21.08%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.22 earnings per share. As a group, equities analysts expect that FTAI Aviation will post 2.49 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Friday, May 10th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Thursday, May 9th. FTAI Aviation’s payout ratio is 54.79%.

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.