AerCap Holdings (NYSE:AER) Plans $0.25 Quarterly Dividend

AerCap Holdings (NYSE:AER - Get Free Report) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Wednesday, November 13th will be paid a dividend of 0.25 per share by the financial services provider on Thursday, December 5th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, November 13th.

AerCap has a dividend payout ratio of 8.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect AerCap to earn $11.47 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 8.7%.

AerCap Trading Up 0.2 %

AER stock traded up $0.18 during midday trading on Thursday, reaching $94.07. 1,548,826 shares of the company traded hands, compared to its average volume of 1,451,830. The firm has a market capitalization of $18.62 billion, a price-to-earnings ratio of 6.08, a P/E/G ratio of 2.13 and a beta of 1.83. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29. The business has a 50 day moving average of $94.83 and a 200-day moving average of $92.49. AerCap has a 52-week low of $60.52 and a 52-week high of $99.30.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting analysts' consensus estimates of $2.41. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The business had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.92 billion. During the same quarter in the previous year, the business posted $2.81 earnings per share. The business's revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts expect that AerCap will post 11.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AER shares. TD Cowen reaffirmed a "buy" rating and set a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. Deutsche Bank Aktiengesellschaft upped their price target on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Barclays raised their price objective on AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. Finally, Susquehanna raised their price target on shares of AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $106.43.

About AerCap

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.