AerCap Holdings (NYSE:AER) Receives $105.71 Average PT from Brokerages

Shares of AerCap Holdings (NYSE:AER) have received a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $106.43.

Several brokerages have recently weighed in on AER. Susquehanna boosted their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Barclays boosted their price objective on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, TD Cowen reissued a “buy” rating and issued a $125.00 price objective on shares of AerCap in a report on Monday, July 29th.

Hedge Funds Weigh In On AerCap

A number of hedge funds have recently made changes to their positions in AER. American International Group Inc. grew its stake in shares of AerCap by 10.0% in the fourth quarter. American International Group Inc. now owns 36,013 shares of the financial services provider’s stock valued at $2,676,000 after buying an additional 3,282 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its position in AerCap by 16.2% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 4,789 shares of the financial services provider’s stock valued at $416,000 after acquiring an additional 666 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in AerCap during the first quarter worth about $182,000. Park Avenue Securities LLC lifted its position in shares of AerCap by 3.8% during the first quarter. Park Avenue Securities LLC now owns 12,183 shares of the financial services provider’s stock worth $1,059,000 after purchasing an additional 447 shares in the last quarter. Finally, Gulf International Bank UK Ltd lifted its position in shares of AerCap by 1.2% during the first quarter. Gulf International Bank UK Ltd now owns 15,293 shares of the financial services provider’s stock worth $1,329,000 after purchasing an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Stock Down 0.6 %

NYSE AER opened at $95.61 on Friday. AerCap has a one year low of $58.46 and a one year high of $99.30. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29. The business has a fifty day moving average price of $94.72 and a 200 day moving average price of $92.13. The company has a market cap of $18.92 billion, a P/E ratio of 6.22, a P/E/G ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last posted its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.60. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the firm posted $2.56 earnings per share. Research analysts anticipate that AerCap will post 11.33 EPS for the current fiscal year.

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Wednesday, August 14th. AerCap’s dividend payout ratio (DPR) is 6.51%.

AerCap Company Profile

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.