FTAI Aviation Ltd. (NASDAQ:FTAI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have earned a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $203.6250.

Several brokerages recently issued reports on FTAI. Wall Street Zen downgraded shares of FTAI Aviation from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. BTIG Research reaffirmed a “buy” rating and issued a $230.00 target price on shares of FTAI Aviation in a research note on Wednesday, November 19th. Barclays increased their price target on shares of FTAI Aviation from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Royal Bank Of Canada boosted their price objective on shares of FTAI Aviation from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, Zacks Research downgraded FTAI Aviation from a “hold” rating to a “strong sell” rating in a report on Thursday, December 11th.

Insider Transactions at FTAI Aviation

In other news, COO David Moreno acquired 4,354 shares of the stock in a transaction that occurred on Thursday, November 13th. The stock was purchased at an average cost of $153.89 per share, for a total transaction of $670,037.06. Following the completion of the transaction, the chief operating officer directly owned 4,354 shares in the company, valued at $670,037.06. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advisors Capital Management LLC grew its holdings in FTAI Aviation by 99.8% during the 1st quarter. Advisors Capital Management LLC now owns 158,531 shares of the financial services provider’s stock worth $17,602,000 after acquiring an additional 79,190 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of FTAI Aviation by 4.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 154,462 shares of the financial services provider’s stock worth $17,769,000 after purchasing an additional 6,709 shares during the last quarter. Maryland State Retirement & Pension System bought a new position in shares of FTAI Aviation in the 2nd quarter worth $570,000. Peregrine Capital Management LLC grew its stake in shares of FTAI Aviation by 1.8% during the second quarter. Peregrine Capital Management LLC now owns 91,373 shares of the financial services provider’s stock worth $10,512,000 after purchasing an additional 1,632 shares during the period. Finally, Oak Thistle LLC bought a new stake in FTAI Aviation in the third quarter valued at about $2,732,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Price Performance

FTAI stock opened at $168.49 on Monday. The business has a fifty day moving average price of $169.16 and a 200 day moving average price of $150.97. FTAI Aviation has a fifty-two week low of $75.06 and a fifty-two week high of $194.36. The stock has a market capitalization of $17.28 billion, a price-to-earnings ratio of 38.47 and a beta of 1.56.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings data on Monday, October 27th. The financial services provider reported $1.10 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.09). The business had revenue of $667.06 million during the quarter, compared to analyst estimates of $662.51 million. FTAI Aviation had a return on equity of 370.51% and a net margin of 20.82%.FTAI Aviation’s revenue for the quarter was up 43.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.76 EPS. On average, equities analysts expect that FTAI Aviation will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Stockholders of record on Monday, November 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, November 10th. FTAI Aviation’s dividend payout ratio is 31.96%.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.