Aercap’s (AER) Buy (B+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their buy (b+) rating on shares of Aercap (NYSE:AER) in a research report released on Friday morning,Weiss Ratings reports.

Other research analysts also recently issued research reports about the stock. Susquehanna upped their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research note on Wednesday, August 13th. Barclays upped their target price on shares of Aercap from $131.00 to $132.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. Morgan Stanley upped their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Finally, Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Aercap presently has an average rating of “Moderate Buy” and a consensus target price of $124.00.

Aercap Trading Up 1.0%

Shares of NYSE AER opened at $121.88 on Friday. The firm’s 50 day moving average price is $121.63 and its 200-day moving average price is $114.43. The company has a market cap of $22.76 billion, a PE ratio of 7.58, a P/E/G ratio of 2.43 and a beta of 1.40. Aercap has a 52-week low of $85.57 and a 52-week high of $126.27. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44.

Aercap (NYSE:AER) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The business’s revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, equities research analysts expect that Aercap will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. Aercap’s dividend payout ratio is 6.72%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in Aercap during the third quarter valued at approximately $26,000. Quarry LP bought a new position in Aercap in the first quarter worth approximately $37,000. Caitong International Asset Management Co. Ltd bought a new position in Aercap in the second quarter worth approximately $43,000. Geneos Wealth Management Inc. raised its position in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares during the period. Finally, Whittier Trust Co. bought a new position in Aercap in the second quarter worth approximately $53,000. Institutional investors own 96.42% of the company’s stock.

About Aercap

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.