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

FTAI Aviation Ltd. (NYSE:FTAI) has been given an average rating of “Moderate Buy” by the twelve research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and eleven have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $177.33.

A number of equities research analysts recently issued reports on FTAI shares. Stifel Nicolaus lifted their target price on FTAI Aviation from $156.00 to $167.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Friday. BTIG Research upped their price objective on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Benchmark raised their target price on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd.

FTAI Aviation Stock Up 3.1 %

FTAI Aviation stock opened at $174.02 on Monday. The company has a 50 day moving average of $151.20 and a 200-day moving average of $130.62. FTAI Aviation has a twelve month low of $46.88 and a twelve month high of $181.64. The stock has a market capitalization of $17.85 billion, a PE ratio of -1,740.03 and a beta of 2.09.

FTAI Aviation (NYSE:FTAI) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The firm had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. FTAI Aviation’s revenue for the quarter was up 60.0% on a year-over-year basis. During the same quarter last year, the company posted $0.33 EPS. Equities analysts anticipate that FTAI Aviation will post 2.21 EPS for the current fiscal year.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Thursday, November 14th. FTAI Aviation’s dividend payout ratio is presently -1,200.00%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FTAI. Brown Brothers Harriman & Co. bought a new stake in shares of FTAI Aviation in the third quarter valued at about $26,000. Anchor Investment Management LLC bought a new stake in FTAI Aviation in the 3rd quarter valued at about $31,000. Farther Finance Advisors LLC grew its position in shares of FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 189 shares in the last quarter. Raymond James Trust N.A. bought a new position in shares of FTAI Aviation during the third quarter worth approximately $200,000. Finally, Everence Capital Management Inc. acquired a new stake in shares of FTAI Aviation in the fourth quarter valued at approximately $203,000. Institutional investors own 88.96% of the company’s stock.

About FTAI Aviation

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.