Brokerages Set FTAI Aviation Ltd. (NYSE:FTAI) Target Price at $131.55

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have earned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $134.73.

A number of analysts have recently issued reports on FTAI shares. Benchmark boosted their price objective on FTAI Aviation from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 16th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of FTAI Aviation from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Citigroup lifted their target price on shares of FTAI Aviation from $81.00 to $99.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th. Compass Point upped their target price on shares of FTAI Aviation from $118.00 to $156.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Finally, Jefferies Financial Group raised their price target on shares of FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, September 30th.

Hedge Funds Weigh In On FTAI Aviation

Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. raised its holdings in shares of FTAI Aviation by 107.6% in the fourth quarter. Principal Financial Group Inc. now owns 98,096 shares of the financial services provider’s stock valued at $4,552,000 after buying an additional 50,834 shares during the last quarter. ClariVest Asset Management LLC bought a new position in shares of FTAI Aviation in the first quarter worth about $1,802,000. Price T Rowe Associates Inc. MD lifted its position in shares of FTAI Aviation by 1,488.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 867,963 shares of the financial services provider’s stock worth $58,415,000 after purchasing an additional 813,311 shares in the last quarter. Orchard Capital Management LLC grew its stake in shares of FTAI Aviation by 4.4% during the fourth quarter. Orchard Capital Management LLC now owns 314,708 shares of the financial services provider’s stock valued at $14,602,000 after purchasing an additional 13,268 shares during the last quarter. Finally, Entropy Technologies LP bought a new stake in shares of FTAI Aviation during the first quarter valued at approximately $340,000. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

NYSE:FTAI opened at $140.15 on Friday. The firm’s 50-day moving average is $118.20 and its 200-day moving average is $95.27. The company has a market cap of $14.05 billion, a price-to-earnings ratio of 64.00 and a beta of 2.04. FTAI Aviation has a 52-week low of $32.66 and a 52-week high of $140.30.

FTAI Aviation (NYSE:FTAI) last issued its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $443.59 million for the quarter, compared to the consensus estimate of $361.92 million. FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. Equities analysts predict that FTAI Aviation will post 2.13 EPS for the current year.

FTAI Aviation Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Monday, August 12th were given a dividend of $0.30 per share. The ex-dividend date was Monday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 0.86%. FTAI Aviation’s dividend payout ratio (DPR) is presently 54.79%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.