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

Shares of AerCap Holdings (NYSE:AER) have earned a consensus recommendation of “Buy” from the eight research firms that are currently covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $96.88.

AER has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, May 9th. TD Cowen boosted their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. Barclays raised their target price on shares of AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Susquehanna boosted their price target on AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Thursday, May 2nd. Finally, BMO Capital Markets cut their price objective on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research report on Monday, February 26th.

Institutional Trading of AerCap

Several institutional investors have recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new stake in shares of AerCap in the fourth quarter valued at about $27,000. Optiver Holding B.V. bought a new stake in AerCap in the 3rd quarter valued at about $32,000. Assetmark Inc. acquired a new position in shares of AerCap during the 4th quarter worth approximately $42,000. Allworth Financial LP increased its holdings in shares of AerCap by 2,460.0% during the third quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 738 shares during the period. Finally, CVA Family Office LLC bought a new position in shares of AerCap during the first quarter worth approximately $52,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Performance

Shares of AER stock opened at $91.80 on Wednesday. The firm has a market cap of $18.17 billion, a PE ratio of 5.97, a P/E/G ratio of 4.12 and a beta of 1.84. AerCap has a 12 month low of $56.52 and a 12 month high of $93.53. The company’s fifty day simple moving average is $87.38 and its 200-day simple moving average is $79.23. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 2.70.

AerCap (NYSE:AER) last announced its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.98. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The company had revenue of $2.02 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the company earned $2.34 EPS. AerCap’s revenue for the quarter was up 8.1% compared to the same quarter last year. Equities research analysts expect that AerCap will post 10.26 EPS for the current fiscal year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, May 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.09%. AerCap’s dividend payout ratio (DPR) is currently 6.51%.

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.