Brokerages Set FTAI Aviation Ltd. (NYSE:FTAI) Target Price at $162.09

FTAI Aviation Ltd. (NYSE:FTAI - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twelve research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $162.09.

A number of research firms recently commented on FTAI. Jefferies Financial Group lifted their target price on FTAI Aviation from $140.00 to $155.00 and gave the stock a "buy" rating in a report on Monday, September 30th. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of FTAI Aviation from $125.00 to $160.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Compass Point boosted their target price on shares of FTAI Aviation from $118.00 to $156.00 and gave the company a "buy" rating in a research report on Friday, September 27th. Finally, BTIG Research began coverage on FTAI Aviation in a research report on Monday, August 26th. They set a "buy" rating and a $140.00 price target on the stock.

Institutional Trading of FTAI Aviation

Several large investors have recently made changes to their positions in FTAI. Geode Capital Management LLC boosted its position in FTAI Aviation by 2.7% during the third quarter. Geode Capital Management LLC now owns 2,386,325 shares of the financial services provider's stock worth $317,202,000 after acquiring an additional 61,897 shares during the last quarter. Barclays PLC boosted its holdings in shares of FTAI Aviation by 73.5% during the 3rd quarter. Barclays PLC now owns 214,610 shares of the financial services provider's stock worth $28,520,000 after purchasing an additional 90,905 shares during the last quarter. Luxor Capital Group LP acquired a new position in shares of FTAI Aviation during the 3rd quarter worth approximately $1,298,000. MML Investors Services LLC grew its position in shares of FTAI Aviation by 6.3% in the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider's stock valued at $288,000 after purchasing an additional 129 shares in the last quarter. Finally, Orion Portfolio Solutions LLC increased its holdings in shares of FTAI Aviation by 2.9% in the third quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider's stock valued at $483,000 after purchasing an additional 102 shares during the last quarter. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Performance

FTAI stock traded up $0.79 during trading on Friday, reaching $158.44. The company had a trading volume of 632,418 shares, compared to its average volume of 1,197,896. FTAI Aviation has a twelve month low of $40.29 and a twelve month high of $166.00. The company has a market cap of $16.25 billion, a price-to-earnings ratio of -1,584.40 and a beta of 2.04. The firm has a 50-day simple moving average of $139.08 and a 200-day simple moving average of $112.59.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.01). The firm had revenue of $465.80 million during the quarter, compared to analyst estimates of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. FTAI Aviation's revenue was up 60.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 earnings per share. Sell-side analysts expect that FTAI Aviation will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, November 14th. FTAI Aviation's dividend payout ratio 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.