FTAI Aviation Ltd. (NYSE:FTAI) Receives Consensus Rating of “Buy” from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) 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 stock opened at $40.57 on Wednesday. The firm has a market cap of $4.07 billion, a PE ratio of 33.53 and a beta of 1.85. The firm’s 50 day moving average price is $35.74 and its 200-day moving average price is $32.57. FTAI Aviation has a one year low of $16.00 and a one year high of $41.06.

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.