FTAI Aviation (NYSE:FTAI) Price Target Lowered to $100.00 at Stifel Nicolaus

FTAI Aviation (NYSE:FTAI) had its price target cut by Stifel Nicolaus from $167.00 to $100.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

FTAI has been the topic of a number of other research reports. BTIG Research raised their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Jefferies Financial Group lifted their target price on shares of FTAI Aviation from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, September 30th. Benchmark increased their price target on FTAI Aviation from $150.00 to $300.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Compass Point raised their price target on FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Finally, Wolfe Research upgraded FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a research report on Friday, January 10th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $171.75.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $91.99 on Wednesday. FTAI Aviation has a 1-year low of $49.81 and a 1-year high of $181.64. The company’s fifty day simple moving average is $146.49 and its 200-day simple moving average is $132.23. The stock has a market capitalization of $9.43 billion, a PE ratio of -919.81 and a beta of 2.09.

FTAI Aviation (NYSE:FTAI) last released its quarterly 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). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The company had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. During the same period in the prior year, the firm posted $0.33 EPS. The business’s revenue for the quarter was up 60.0% on a year-over-year basis. As a group, research analysts anticipate that FTAI Aviation will post 2.21 EPS for the current year.

FTAI Aviation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,199.88%.

Institutional Investors Weigh In On FTAI Aviation

A number of hedge funds have recently bought and sold shares of FTAI. Orion Portfolio Solutions LLC grew its stake in shares of FTAI Aviation by 2.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock worth $483,000 after buying an additional 102 shares in the last quarter. Merit Financial Group LLC grew its position in FTAI Aviation by 2.5% in the fourth quarter. Merit Financial Group LLC now owns 4,256 shares of the financial services provider’s stock worth $613,000 after acquiring an additional 105 shares in the last quarter. MML Investors Services LLC increased its stake in FTAI Aviation by 6.3% during the third quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock worth $288,000 after acquiring an additional 129 shares during the last quarter. Foundations Investment Advisors LLC raised its position in FTAI Aviation by 5.8% during the third quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock valued at $352,000 after purchasing an additional 145 shares during the period. Finally, Nisa Investment Advisors LLC lifted its stake in shares of FTAI Aviation by 7.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,405 shares of the financial services provider’s stock valued at $346,000 after purchasing an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.

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.