AerCap (NYSE:AER) Announces Earnings Results, Beats Expectations By $0.75 EPS

AerCap (NYSE:AER - Get Free Report) released its earnings results on Wednesday. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.75, Zacks reports. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.97 billion. AerCap updated its FY 2025 guidance to 8.500-9.500 EPS.

AerCap Price Performance

Shares of NYSE AER traded up $0.60 during midday trading on Friday, reaching $103.14. 2,642,021 shares of the stock traded hands, compared to its average volume of 1,279,521. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $20.42 billion, a PE ratio of 8.17, a P/E/G ratio of 2.22 and a beta of 1.81. AerCap has a one year low of $76.14 and a one year high of $107.36. The company's 50 day moving average is $97.37 and its 200 day moving average is $96.06.

AerCap Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.27 per share. This is an increase from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, March 12th. AerCap's dividend payout ratio is currently 9.99%.

AerCap declared that its board has approved a share repurchase plan on Wednesday, February 26th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

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Analysts Set New Price Targets

Several research analysts have weighed in on AER shares. Barclays restated an "overweight" rating and issued a $115.00 price target (up from $113.00) on shares of AerCap in a research note on Thursday. The Goldman Sachs Group restated a "buy" rating and issued a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Finally, Susquehanna upped their price target on AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, AerCap presently has a consensus rating of "Moderate Buy" and a consensus target price of $116.17.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.