AerCap Holdings (NYSE:AER) Declares Quarterly Dividend of $0.25

AerCap Holdings (NYSE:AERGet Free Report) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Stockholders of record on Wednesday, May 22nd will be given a dividend of 0.25 per share by the financial services provider on Thursday, June 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Tuesday, May 21st.

AerCap has a dividend payout ratio of 9.1% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect AerCap to earn $10.85 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 9.2%.

AerCap Stock Performance

NYSE:AER opened at $91.48 on Friday. AerCap has a 12 month low of $56.38 and a 12 month high of $93.53. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market capitalization of $18.11 billion, a PE ratio of 5.95, a price-to-earnings-growth ratio of 2.78 and a beta of 1.84. The business’s fifty day moving average price is $86.33 and its 200 day moving average price is $77.81.

AerCap (NYSE:AERGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.98. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The business had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the firm posted $2.34 EPS. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. On average, sell-side analysts anticipate that AerCap will post 10.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AER. Barclays raised their price objective on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, May 2nd. BMO Capital Markets cut their price target on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research note on Monday, February 26th. TD Cowen boosted their price target on shares of AerCap from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Finally, Susquehanna lifted their target price on AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Thursday, May 2nd. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $94.38.

Check Out Our Latest Stock Report on AerCap

About AerCap

(Get Free Report)

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.

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