Brokerages Set FTAI Aviation Ltd. (NYSE:FTAI) PT at $176.18

FTAI Aviation Ltd. (NYSE:FTAI - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the twelve brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $176.18.

A number of research firms have weighed in on FTAI. Jefferies Financial Group upped their price objective on shares of FTAI Aviation from $140.00 to $155.00 and gave the company a "buy" rating in a research report on Monday, September 30th. Benchmark increased their price target on FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft increased their target price on FTAI Aviation from $125.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Citigroup lifted their price target on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. Finally, Barclays increased their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, December 4th.

FTAI Aviation Stock Up 4.3 %

Shares of NYSE FTAI traded up $6.58 on Monday, hitting $157.96. The company had a trading volume of 2,147,586 shares, compared to its average volume of 1,710,991. The business has a 50 day moving average of $149.71 and a two-hundred day moving average of $129.61. The firm has a market capitalization of $16.20 billion, a P/E ratio of -1,579.44 and a beta of 2.06. FTAI Aviation has a 12-month low of $46.03 and a 12-month high of $177.18.

FTAI Aviation (NYSE:FTAI - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The company's revenue for the quarter was up 60.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. On average, sell-side analysts anticipate that FTAI Aviation will post 2.21 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.76%. FTAI Aviation's dividend payout ratio is currently -1,199.88%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. American Century Companies Inc. boosted its holdings in shares of FTAI Aviation by 1,923.5% during the second quarter. American Century Companies Inc. now owns 972,806 shares of the financial services provider's stock valued at $100,423,000 after acquiring an additional 924,730 shares during the period. Westfield Capital Management Co. LP boosted its stake in FTAI Aviation by 87.1% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,660,031 shares of the financial services provider's stock valued at $220,618,000 after purchasing an additional 773,017 shares during the period. International Assets Investment Management LLC grew its position in FTAI Aviation by 14,553.9% in the 3rd quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider's stock worth $74,959,000 after purchasing an additional 560,179 shares during the last quarter. Victory Capital Management Inc. grew its position in FTAI Aviation by 229.9% in the 3rd quarter. Victory Capital Management Inc. now owns 380,207 shares of the financial services provider's stock worth $50,530,000 after purchasing an additional 264,971 shares during the last quarter. Finally, Vantage Investment Partners LLC acquired a new stake in shares of FTAI Aviation in the third quarter valued at approximately $32,769,000. Institutional investors and hedge funds 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.