AerCap Holdings (NYSE:AER) Given Average Rating of "Moderate Buy" by Analysts

AerCap Holdings (NYSE:AER - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $105.71.

Several equities analysts have recently weighed in on the company. Susquehanna lifted their price target on AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a research report on Friday, August 2nd. Barclays upped their price target on AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. Finally, TD Cowen restated a "buy" rating and issued a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th.

AerCap Stock Performance

Shares of AER traded down $0.48 during mid-day trading on Friday, hitting $97.49. The stock had a trading volume of 844,782 shares, compared to its average volume of 1,472,524. The firm has a market cap of $19.30 billion, a P/E ratio of 6.35, a PEG ratio of 2.13 and a beta of 1.83. AerCap has a 52 week low of $57.84 and a 52 week high of $99.30. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. The business has a fifty day moving average price of $94.52 and a 200-day moving average price of $91.89.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, beating analysts' consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.89 billion. During the same period in the prior year, the company posted $2.56 EPS. AerCap's revenue was up 1.8% compared to the same quarter last year. On average, equities research analysts expect that AerCap will post 11.33 EPS for the current year.

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend was Wednesday, August 14th. AerCap's payout ratio is 6.51%.

Institutional Investors Weigh In On AerCap

A number of large investors have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in shares of AerCap by 223.3% during the 3rd quarter. Blue Trust Inc. now owns 915 shares of the financial services provider's stock valued at $85,000 after purchasing an additional 632 shares during the last quarter. Net Worth Advisory Group bought a new stake in shares of AerCap in the 3rd quarter worth approximately $950,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in AerCap by 2.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider's stock valued at $1,807,000 after acquiring an additional 451 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of AerCap by 87.9% during the third quarter. Global Retirement Partners LLC now owns 5,058 shares of the financial services provider's stock valued at $479,000 after buying an additional 2,366 shares during the period. Finally, Transform Wealth LLC grew its holdings in shares of AerCap by 63.8% during the 3rd quarter. Transform Wealth LLC now owns 112,589 shares of the financial services provider's stock worth $10,664,000 after acquiring an additional 43,849 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

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.