Shares of FTAI Aviation Ltd. (NYSE:FTAI – Get Free Report) have earned a consensus rating of “Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. Eight equities research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have covered the stock in the last year is $39.06.
Several analysts have recently commented on FTAI shares. Barclays lifted their price target on shares of FTAI Aviation from $38.00 to $40.00 in a research report on Wednesday, October 4th. StockNews.com downgraded shares of FTAI Aviation from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Compass Point lifted their target price on shares of FTAI Aviation from $36.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, September 14th. JMP Securities lifted their target price on shares of FTAI Aviation from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, July 28th. Finally, Raymond James lifted their target price on shares of FTAI Aviation from $31.00 to $37.50 and gave the company an “outperform” rating in a report on Friday, July 28th.
FTAI Aviation Stock Performance
FTAI Aviation Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 28th. Shareholders of record on Tuesday, November 14th will be paid a $0.30 dividend. The ex-dividend date is Monday, November 13th. This represents a $1.20 annualized dividend and a dividend yield of 2.96%. FTAI Aviation’s dividend payout ratio (DPR) is 99.17%.
Hedge Funds Weigh In On FTAI Aviation
Several institutional investors have recently modified their holdings of FTAI. Tucker Asset Management LLC acquired a new position in shares of FTAI Aviation in the second quarter worth $51,000. Exchange Traded Concepts LLC purchased a new stake in shares of FTAI Aviation during the 2nd quarter worth $73,000. PNC Financial Services Group Inc. purchased a new stake in shares of FTAI Aviation during the 2nd quarter worth $83,000. BlackRock Inc. purchased a new stake in shares of FTAI Aviation during the 1st quarter worth $96,000. Finally, Dark Forest Capital Management LP purchased a new stake in shares of FTAI Aviation during the 1st quarter worth $111,000. Institutional investors and hedge funds own 90.95% of the company’s stock.
FTAI Aviation Company Profile
FTAI Aviation Ltd. owns and acquires infrastructure and related 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.
- Five stocks we like better than FTAI Aviation
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- GSK is a remedy for the winter investment blahs
- What Are Trending Stocks? Trending Stocks Explained
- After blowout earnings, Integer may be headed to new highs
- What Is Dividend Yield and How Do You Calculate It?
- Banking and trucking: Is the economy rolling toward troubles?
Receive News & Ratings for FTAI Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTAI Aviation and related companies with MarketBeat.com's FREE daily email newsletter.