Aercap Holdings N.V. (NYSE:AER) Given Consensus Rating of “Moderate Buy” by Analysts

Aercap Holdings N.V. (NYSE:AER) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $153.3750.

AER has been the subject of a number of analyst reports. Truist Financial started coverage on Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price target for the company. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the stock a “buy” rating in a report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Aercap in a report on Monday, March 16th. Morgan Stanley upped their price target on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a report on Wednesday, January 21st.

Aercap Stock Performance

NYSE AER opened at $139.00 on Friday. The firm has a market cap of $23.20 billion, a P/E ratio of 6.51, a price-to-earnings-growth ratio of 1.24 and a beta of 0.99. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The company’s 50 day moving average is $142.58 and its 200-day moving average is $136.45. Aercap has a 12-month low of $85.57 and a 12-month high of $154.94.

Aercap (NYSE:AER) last released its quarterly earnings data on Saturday, February 7th. The financial services provider reported $3.95 EPS for the quarter, topping the consensus estimate of $3.31 by $0.64. Aercap had a net margin of 44.04% and a return on equity of 15.11%. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period last year, the firm earned $3.31 EPS. Aercap’s revenue for the quarter was up 8.3% on a year-over-year basis. Sell-side analysts predict that Aercap will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were issued a dividend of $0.40 per share. This is a boost from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Aercap’s payout ratio is currently 7.50%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AER. State Street Corp boosted its stake in Aercap by 3.7% during the fourth quarter. State Street Corp now owns 5,112,626 shares of the financial services provider’s stock valued at $735,003,000 after buying an additional 184,425 shares during the period. Mizuho Markets Cayman LP raised its holdings in shares of Aercap by 45,615.5% in the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock valued at $424,769,000 after acquiring an additional 3,502,812 shares in the last quarter. Mawer Investment Management Ltd. boosted its position in shares of Aercap by 56.3% during the 4th quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock valued at $470,517,000 after acquiring an additional 1,179,241 shares during the last quarter. Ninety One UK Ltd grew its holdings in shares of Aercap by 1.1% during the fourth quarter. Ninety One UK Ltd now owns 2,804,003 shares of the financial services provider’s stock worth $403,103,000 after purchasing an additional 31,794 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Aercap by 2.7% in the fourth quarter. JPMorgan Chase & Co. now owns 2,738,772 shares of the financial services provider’s stock worth $393,726,000 after purchasing an additional 71,923 shares during the last quarter. 96.42% of the stock is owned by institutional investors.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.