FTAI Aviation Ltd. (NYSE:FTAI) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of FTAI Aviation Ltd. (NYSE:FTAI - Get Free Report) have earned an average rating of "Moderate Buy" from the twelve analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $166.18.

A number of equities research analysts recently weighed in on FTAI shares. Benchmark boosted their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Morgan Stanley reissued an "underperform" rating on shares of FTAI Aviation in a report on Friday, October 18th. Royal Bank of Canada restated an "outperform" rating and set a $160.00 price target on shares of FTAI Aviation in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on FTAI Aviation from $125.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Finally, Citigroup raised their target price on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday, October 28th.

Institutional Investors Weigh In On FTAI Aviation

A number of hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in FTAI Aviation by 2.7% in the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider's stock valued at $317,202,000 after acquiring an additional 61,897 shares during the period. State Street Corp increased its holdings in shares of FTAI Aviation by 1.7% in the 3rd quarter. State Street Corp now owns 2,325,049 shares of the financial services provider's stock valued at $308,999,000 after purchasing an additional 38,279 shares in the last quarter. Westfield Capital Management Co. LP lifted its stake in shares of FTAI Aviation by 87.1% in the third 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. Two Sigma Advisers LP boosted its holdings in FTAI Aviation by 10.0% during the third quarter. Two Sigma Advisers LP now owns 1,048,600 shares of the financial services provider's stock worth $139,359,000 after buying an additional 95,200 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in FTAI Aviation by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,047,572 shares of the financial services provider's stock worth $139,222,000 after buying an additional 35,888 shares during the period. Institutional investors and hedge funds own 88.96% of the company's stock.

FTAI Aviation Price Performance

Shares of FTAI traded down $14.59 during mid-day trading on Thursday, reaching $135.08. The company's stock had a trading volume of 2,398,179 shares, compared to its average volume of 1,050,580. FTAI Aviation has a 12-month low of $43.30 and a 12-month high of $177.18. The stock has a market cap of $13.85 billion, a PE ratio of -1,350.80 and a beta of 2.06. The company's 50 day moving average is $152.65 and its 200 day moving average is $123.10.

FTAI Aviation (NYSE:FTAI - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). The company had revenue of $465.80 million during 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 business's revenue for the quarter was up 60.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 earnings per share. As a group, sell-side analysts anticipate that FTAI Aviation will post 2.21 EPS for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation's dividend payout ratio (DPR) is presently -1,200.00%.

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.