FTAI Aviation Ltd. (NASDAQ:FTAI) Stock Has Average Target Price of $310.62

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have been assigned a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $310.62.

FTAI has been the subject of a number of research reports. Barclays reduced their price target on shares of FTAI Aviation from $350.00 to $310.00 and set an “overweight” rating for the company in a report on Tuesday, September 15th. BTIG Research dropped their price objective on shares of FTAI Aviation from $400.00 to $350.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft set a $290.00 price objective on shares of FTAI Aviation in a research report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $325.00 target price on shares of FTAI Aviation in a research note on Sunday, August 2nd. Finally, Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd.

Insider Activity

In other news, President David Moreno bought 2,475 shares of the business’s stock in a transaction that occurred 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 purchase, the president owned 199,490 shares of the company’s stock, valued at $40,151,352.30. This trade represents a 1.26% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

Institutional investors have recently bought and sold shares of the business. SJS Investment Consulting Inc. increased its holdings in shares of FTAI Aviation by 122.9% during the first quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after buying an additional 59 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in FTAI Aviation by 142.2% in the first quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 64 shares in the last quarter. Ancora Advisors LLC acquired a new position in FTAI Aviation in the second quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of FTAI Aviation during the second quarter worth $37,000. Finally, MassMutual Private Wealth & Trust FSB bought a new stake in shares of FTAI Aviation during the third quarter worth $25,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Price Performance

Shares of NASDAQ:FTAI opened at $157.95 on Friday. The business has a 50 day moving average price of $186.21 and a 200 day moving average price of $222.03. FTAI Aviation has a twelve month low of $149.50 and a twelve month high of $323.51. The company has a market cap of $16.22 billion, a price-to-earnings ratio of 34.34, a PEG ratio of 0.81 and a beta of 1.51. The company has a quick ratio of 2.07, a current ratio of 5.28 and a debt-to-equity ratio of 8.55.

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

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th were given a $0.50 dividend. The ex-dividend date was Wednesday, August 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.3%. FTAI Aviation’s dividend payout ratio (DPR) is currently 43.48%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.

The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.