FTAI Aviation Ltd. (NASDAQ:FTAI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

FTAI Aviation Ltd. (NASDAQ:FTAI) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $292.2222.

A number of brokerages have recently issued reports on FTAI. Wolfe Research reissued an “outperform” rating and issued a $225.00 target price on shares of FTAI Aviation in a report on Wednesday, December 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $350.00 price target on shares of FTAI Aviation in a research report on Monday, February 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Royal Bank Of Canada upped their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, January 26th.

FTAI Aviation Price Performance

NASDAQ:FTAI opened at $260.35 on Friday. The company has a debt-to-equity ratio of 10.32, a quick ratio of 3.27 and a current ratio of 5.28. The company has a 50-day moving average of $266.64 and a 200-day moving average of $201.64. FTAI Aviation has a 52 week low of $81.45 and a 52 week high of $323.51. The company has a market capitalization of $26.70 billion, a price-to-earnings ratio of 56.35, a PEG ratio of 1.10 and a beta of 1.50.

FTAI Aviation (NASDAQ:FTAI) last posted its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). The business had revenue of $662.03 million during the quarter, compared to analyst estimates of $710.37 million. FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The business’s revenue for the quarter was up 32.7% on a year-over-year basis. During the same period last year, the company earned $0.84 EPS. As a group, equities research analysts anticipate that FTAI Aviation will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 13th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, March 13th. FTAI Aviation’s dividend payout ratio (DPR) is presently 30.30%.

Institutional Investors Weigh In On FTAI Aviation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Garton & Associates Financial Advisors LLC acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at $30,000. Mather Group LLC. acquired a new stake in FTAI Aviation in the 3rd quarter valued at about $28,000. Greenline Wealth Management LLC acquired a new stake in FTAI Aviation in the 4th quarter valued at about $50,000. First Horizon Corp raised its stake in shares of FTAI Aviation by 131.9% in the fourth quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 182 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its position in shares of FTAI Aviation by 880.0% during the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 308 shares in the last quarter. 88.96% of the stock is owned by institutional investors and hedge funds.

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.