FTAI Aviation Ltd. (NASDAQ:FTAI) Stock Has Consensus Target Price of $315.67 According to Brokerages

FTAI Aviation Ltd. (NASDAQ:FTAI) has received an average rating of “Moderate Buy” from the eleven ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $315.67.

Several equities research analysts recently issued reports on the company. Weiss Ratings lowered FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Barclays reduced their target price on FTAI Aviation from $350.00 to $310.00 and set an “overweight” rating for the company in a research report on Tuesday, September 15th. Citizens Jmp started coverage on FTAI Aviation in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price target on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $325.00 price target on shares of FTAI Aviation in a report on Sunday, August 2nd. Finally, Morgan Stanley lifted their price target on FTAI Aviation from $319.00 to $360.00 and gave the company an “overweight” rating in a research report on Friday, August 21st.

FTAI Aviation Stock Performance

NASDAQ FTAI opened at $168.93 on Wednesday. FTAI Aviation has a 1 year low of $149.50 and a 1 year high of $323.51. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. The stock has a market capitalization of $17.35 billion, a PE ratio of 36.72, a P/E/G ratio of 0.83 and a beta of 1.51. The company’s 50 day simple moving average is $200.62 and its two-hundred day simple moving average is $229.56.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). The firm had revenue of $953.09 million for the quarter. FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. FTAI Aviation’s quarterly revenue was up 40.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.57 EPS. Analysts predict that FTAI Aviation will post 5.48 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Wednesday, August 12th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, August 12th. FTAI Aviation’s dividend payout ratio (DPR) is currently 43.48%.

Insider Transactions at FTAI Aviation

In related news, President David Moreno bought 2,475 shares of the company’s stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $201.27 per share, for a total transaction of $498,143.25. Following the completion of the transaction, the president directly owned 199,490 shares in the company, valued at $40,151,352.30. This trade represents a 1.26% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.35% of the stock is currently owned by insiders.

Institutional Trading of FTAI Aviation

Institutional investors and hedge funds have recently made changes to their positions in the stock. SJS Investment Consulting Inc. grew its position in FTAI Aviation by 122.9% in the first quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 59 shares in the last quarter. Meeder Asset Management Inc. raised its position in FTAI Aviation by 142.2% during the first quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 64 shares in the last quarter. Ancora Advisors LLC purchased a new stake in FTAI Aviation during the second quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in FTAI Aviation during the second quarter worth about $37,000. Finally, Root Financial Partners LLC lifted its stake in FTAI Aviation by 40.9% during the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 45 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. is an aviation company focused on owning, leasing, and managing commercial aircraft and aircraft engines. The company provides aviation assets to airlines, aircraft leasing companies, maintenance, repair and overhaul providers, and other participants in the global aviation industry.

FTAI Aviation’s business includes aircraft and engine leasing, asset management, and the acquisition and sale of aviation equipment. Through its aviation products activities, the company also develops and sells proprietary aerospace products designed to improve engine performance, reliability, and maintenance economics, including solutions associated with the CFM56 engine platform.

The company serves customers across international aviation markets and manages assets used by airlines and operators in multiple regions.