Brokerages Set FTAI Aviation Ltd. (NYSE:FTAI) PT at $176.18

FTAI Aviation Ltd. (NYSE:FTAI) has been assigned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation and eleven have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $177.33.

Several equities analysts recently issued reports on FTAI shares. Compass Point lifted their price target on shares of FTAI Aviation from $175.00 to $181.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Benchmark lifted their target price 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. Deutsche Bank Aktiengesellschaft increased their price target on FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Stifel Nicolaus boosted their price objective on FTAI Aviation from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Finally, Morgan Stanley restated an “underperform” rating on shares of FTAI Aviation in a report on Friday, October 18th.

Hedge Funds Weigh In On FTAI Aviation

Several institutional investors have recently modified their holdings of the stock. Orion Portfolio Solutions LLC grew its holdings in FTAI Aviation by 2.9% during the third quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock valued at $483,000 after purchasing an additional 102 shares during the period. MML Investors Services LLC grew its holdings in shares of FTAI Aviation by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock valued at $288,000 after buying an additional 129 shares during the period. Foundations Investment Advisors LLC increased its position in shares of FTAI Aviation by 5.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock valued at $352,000 after buying an additional 145 shares in the last quarter. Farther Finance Advisors LLC raised its stake in FTAI Aviation by 118.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after buying an additional 189 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new position in FTAI Aviation in the third quarter valued at about $26,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Trading Up 3.1 %

FTAI stock opened at $174.02 on Monday. FTAI Aviation has a 1-year low of $46.88 and a 1-year high of $181.64. The business’s 50 day moving average is $151.20 and its 200-day moving average is $130.62. The firm has a market cap of $17.85 billion, a P/E ratio of -1,740.03 and a beta of 2.09.

FTAI Aviation (NYSE:FTAI) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The company had revenue of $465.80 million during the quarter, compared to the consensus estimate of $422.45 million. FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. The business’s revenue was up 60.0% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. Sell-side analysts forecast that FTAI Aviation will post 2.21 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is currently -1,200.00%.

About FTAI Aviation

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.