AerCap Holdings (NYSE:AER) Given Consensus Recommendation of “Moderate Buy” by Analysts

AerCap Holdings (NYSE:AERGet Free Report) has earned a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $97.56.

A number of analysts have commented on the stock. Susquehanna increased their price objective on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a report on Thursday, May 2nd. Morgan Stanley started coverage on shares of AerCap in a report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 price objective for the company. Barclays raised their price target on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, May 9th. Finally, TD Cowen raised their price target on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, May 23rd.

Read Our Latest Stock Report on AerCap

Hedge Funds Weigh In On AerCap

A number of institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in AerCap during the fourth quarter worth approximately $145,951,000. Wellington Management Group LLP increased its position in AerCap by 9.9% during the third quarter. Wellington Management Group LLP now owns 21,028,200 shares of the financial services provider’s stock worth $1,317,837,000 after purchasing an additional 1,901,459 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in AerCap during the fourth quarter worth approximately $137,412,000. TOMS Capital Investment Management LP acquired a new position in AerCap during the fourth quarter worth approximately $133,330,000. Finally, Franklin Resources Inc. increased its position in AerCap by 32.0% during the fourth quarter. Franklin Resources Inc. now owns 6,090,321 shares of the financial services provider’s stock worth $452,633,000 after purchasing an additional 1,476,236 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Trading Down 0.1 %

AER stock opened at $93.91 on Thursday. The company’s 50-day simple moving average is $91.78 and its 200-day simple moving average is $84.07. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 2.70. AerCap has a 52-week low of $57.30 and a 52-week high of $96.95. The firm has a market cap of $18.59 billion, a P/E ratio of 6.11, a PEG ratio of 2.23 and a beta of 1.83.

AerCap (NYSE:AERGet Free Report) last posted its earnings results 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 net margin of 42.78% and a return on equity of 15.29%. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the company posted $2.34 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, equities analysts forecast that AerCap will post 10.61 EPS for the current fiscal year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend was Tuesday, May 21st. AerCap’s dividend payout ratio (DPR) is presently 6.51%.

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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Analyst Recommendations for AerCap (NYSE:AER)

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