Aercap (NYSE:AER) Hits New 52-Week High – Here’s Why

Aercap Holdings N.V. (NYSE:AER) shares reached a new 52-week high during trading on Thursday . The company traded as high as $149.75 and last traded at $148.1250, with a volume of 341052 shares changing hands. The stock had previously closed at $148.24.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AER. TD Cowen restated a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, January 21st. Bank of America increased their price target on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Morgan Stanley upped their price target on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Finally, Truist Financial began coverage on shares of Aercap in a report on Tuesday, December 9th. They set a “buy” rating and a $159.00 target price for the company. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Aercap has an average rating of “Moderate Buy” and an average target price of $152.13.

Aercap Price Performance

The firm has a 50-day moving average of $143.85 and a 200-day moving average of $130.61. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.30 and a current ratio of 0.23. The firm has a market capitalization of $28.08 billion, a P/E ratio of 7.04, a PEG ratio of 1.28 and a beta of 1.05.

Aercap (NYSE:AER) last posted its quarterly earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the previous year, the business earned $3.31 earnings per share. The company’s revenue was up 8.3% on a year-over-year basis. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. As a group, analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th will be given a $0.40 dividend. The ex-dividend date is Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s dividend payout ratio (DPR) is presently 5.06%.

Institutional Trading of Aercap

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. bought a new stake in Aercap in the 3rd quarter valued at $26,000. Harbor Capital Advisors Inc. purchased a new position in shares of Aercap during the fourth quarter valued at about $27,000. Greenline Wealth Management LLC bought a new stake in shares of Aercap in the fourth quarter worth about $30,000. Advisory Services Network LLC purchased a new stake in shares of Aercap in the third quarter worth about $35,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Aercap during the second quarter valued at approximately $43,000. Institutional investors own 96.42% of the company’s stock.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.