FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of FTAI Aviation Ltd. (NYSE:FTAIGet Free Report) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $162.09.

FTAI has been the topic of a number of research analyst reports. BTIG Research initiated coverage on FTAI Aviation in a report on Monday, August 26th. They set a “buy” rating and a $140.00 price target on the stock. Barclays increased their target price on shares of FTAI Aviation from $110.00 to $135.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st. Benchmark lifted their price target on shares of FTAI Aviation from $150.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Citigroup increased their price objective on shares of FTAI Aviation from $134.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Finally, Jefferies Financial Group upped their price target on FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, September 30th.

Read Our Latest Research Report on FTAI Aviation

Institutional Trading of FTAI Aviation

Several institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in shares of FTAI Aviation during the first quarter valued at approximately $384,000. Oppenheimer & Co. Inc. purchased a new stake in shares of FTAI Aviation during the 1st quarter valued at $285,000. Sei Investments Co. raised its stake in shares of FTAI Aviation by 2.1% during the 1st quarter. Sei Investments Co. now owns 114,777 shares of the financial services provider’s stock worth $7,724,000 after purchasing an additional 2,363 shares during the period. US Bancorp DE boosted its holdings in shares of FTAI Aviation by 47.3% in the 1st quarter. US Bancorp DE now owns 10,655 shares of the financial services provider’s stock worth $717,000 after buying an additional 3,422 shares during the last quarter. Finally, ProShare Advisors LLC grew its position in FTAI Aviation by 8.5% during the first quarter. ProShare Advisors LLC now owns 17,898 shares of the financial services provider’s stock valued at $1,205,000 after buying an additional 1,408 shares during the period. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Up 0.5 %

FTAI stock opened at $158.44 on Friday. The company’s fifty day simple moving average is $139.08 and its 200 day simple moving average is $112.31. FTAI Aviation has a 12-month low of $40.29 and a 12-month high of $166.00. The firm has a market cap of $16.25 billion, a price-to-earnings ratio of -1,584.24 and a beta of 2.04.

FTAI Aviation (NYSE:FTAIGet Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The business had revenue of $465.80 million during the quarter, compared to analyst estimates of $422.45 million. During the same period in the prior year, the firm earned $0.33 earnings per share. The firm’s revenue for the quarter was up 60.0% compared to the same quarter last year. Research analysts expect that FTAI Aviation will post 2.2 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.76%. FTAI Aviation’s dividend payout ratio is presently -1,199.88%.

About FTAI Aviation

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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.

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Analyst Recommendations for FTAI Aviation (NYSE:FTAI)

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