FTAI Aviation Ltd. (NASDAQ:FTAI) Given Average Recommendation of “Moderate Buy” by Analysts

FTAI Aviation Ltd. (NASDAQ:FTAI) has received an average recommendation of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $295.7778.

A number of research firms have recently weighed in on FTAI. Barclays increased their price objective on shares of FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings raised shares of FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 16th. Royal Bank Of Canada increased their price target on FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. BTIG Research lifted their price objective on FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, March 13th. Finally, Morgan Stanley boosted their price objective on FTAI Aviation from $266.00 to $293.00 and gave the company an “overweight” rating in a report on Tuesday, March 24th.

Institutional Investors Weigh In On FTAI Aviation

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its stake in shares of FTAI Aviation by 1.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider’s stock valued at $877,000 after purchasing an additional 52 shares during the period. MetLife Investment Management LLC grew its position in FTAI Aviation by 0.9% during the fourth quarter. MetLife Investment Management LLC now owns 6,578 shares of the financial services provider’s stock valued at $1,295,000 after buying an additional 57 shares during the period. Rossby Financial LCC increased its holdings in FTAI Aviation by 13.6% in the third quarter. Rossby Financial LCC now owns 543 shares of the financial services provider’s stock valued at $94,000 after buying an additional 65 shares in the last quarter. Assetmark Inc. raised its position in shares of FTAI Aviation by 11.0% in the third quarter. Assetmark Inc. now owns 708 shares of the financial services provider’s stock worth $118,000 after acquiring an additional 70 shares during the period. Finally, CWM LLC raised its position in shares of FTAI Aviation by 6.8% in the third quarter. CWM LLC now owns 1,157 shares of the financial services provider’s stock worth $193,000 after acquiring an additional 74 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Trading Up 7.1%

FTAI Aviation stock opened at $245.00 on Wednesday. The stock has a 50-day moving average price of $269.23 and a 200 day moving average price of $212.93. The company has a market capitalization of $25.13 billion, a price-to-earnings ratio of 53.03, a price-to-earnings-growth ratio of 0.86 and a beta of 1.50. FTAI Aviation has a 52 week low of $81.45 and a 52 week high of $323.51. The company has a quick ratio of 2.30, a current ratio of 5.28 and a debt-to-equity ratio of 10.32.

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

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 13th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.60 dividend on an annualized basis and a yield of 0.7%. FTAI Aviation’s payout ratio is presently 34.63%.

About FTAI Aviation

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.