AerCap Holdings (NYSE:AER) Receives Average Rating of “Moderate Buy” from Analysts

Shares of AerCap Holdings (NYSE:AER) have earned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $112.00.

AER has been the subject of a number of research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd.

Institutional Investors Weigh In On AerCap

Several hedge funds have recently modified their holdings of AER. Franklin Resources Inc. raised its position in AerCap by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock worth $545,726,000 after buying an additional 282,980 shares during the last quarter. State Street Corp increased its position in AerCap by 8.3% during the 3rd quarter. State Street Corp now owns 4,862,517 shares of the financial services provider’s stock worth $460,579,000 after purchasing an additional 370,906 shares during the period. Donald Smith & CO. Inc. raised its stake in shares of AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider’s stock worth $333,917,000 after buying an additional 23,994 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of AerCap by 12.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock valued at $173,423,000 after buying an additional 208,407 shares during the period. Finally, FMR LLC boosted its stake in shares of AerCap by 1.3% in the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider’s stock valued at $164,574,000 after buying an additional 22,346 shares in the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Trading Up 0.2 %

NYSE:AER opened at $95.70 on Thursday. AerCap has a 1 year low of $70.48 and a 1 year high of $100.81. The stock has a market cap of $18.94 billion, a P/E ratio of 7.58, a P/E/G ratio of 2.17 and a beta of 1.82. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a 50-day simple moving average of $96.12 and a 200-day simple moving average of $94.76.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.81 earnings per share. As a group, analysts anticipate that AerCap will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.04%. AerCap’s payout ratio is 7.92%.

AerCap Company Profile

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.