FTAI Aviation (NYSE:FTAI) Stock Price Expected to Rise, Compass Point Analyst Says

FTAI Aviation (NYSE:FTAI - Free Report) had its price objective raised by Compass Point from $175.00 to $181.00 in a report released on Tuesday,Benzinga reports. Compass Point currently has a buy rating on the financial services provider's stock.

A number of other analysts also recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of FTAI Aviation from $140.00 to $155.00 and gave the company a "buy" rating in a report on Monday, September 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of FTAI Aviation from $125.00 to $160.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Barclays increased their price objective on shares of FTAI Aviation from $135.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 4th. Morgan Stanley reaffirmed an "underperform" rating on shares of FTAI Aviation in a research report on Friday, October 18th. Finally, Citigroup increased their price target on FTAI Aviation from $134.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $168.45.

FTAI Aviation Stock Performance

NYSE FTAI traded down $0.49 on Tuesday, reaching $130.15. The company had a trading volume of 1,653,132 shares, compared to its average volume of 1,062,531. The company's fifty day moving average is $152.30 and its 200-day moving average is $124.36. The firm has a market capitalization of $13.35 billion, a price-to-earnings ratio of -1,260.50 and a beta of 2.06. FTAI Aviation has a 1-year low of $44.15 and a 1-year 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 for the quarter, missing the consensus estimate of $0.77 by ($0.01). FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The firm had revenue of $465.80 million for the quarter, compared to analyst estimates of $422.45 million. During the same period in the prior year, the company earned $0.33 earnings per share. The firm's quarterly revenue was up 60.0% on a year-over-year basis. On average, research analysts forecast that FTAI Aviation will post 2.21 earnings per share for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a yield of 0.92%. FTAI Aviation's dividend payout ratio (DPR) is -1,200.00%.

Hedge Funds Weigh In On FTAI Aviation

Several large investors have recently modified their holdings of FTAI. Brown Brothers Harriman & Co. bought a new stake in shares of FTAI Aviation during the 3rd quarter worth about $26,000. Anchor Investment Management LLC acquired a new stake in FTAI Aviation during the third quarter worth approximately $31,000. Arcadia Investment Management Corp MI bought a new stake in shares of FTAI Aviation during the second quarter worth approximately $33,000. Farther Finance Advisors LLC grew its position in shares of FTAI Aviation by 118.1% in the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 189 shares during the last quarter. Finally, Ridgewood Investments LLC bought a new position in shares of FTAI Aviation during the second quarter worth approximately $59,000. 88.96% of the stock is owned by institutional investors.

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.