Analysts Set FTAI Aviation Ltd. (NASDAQ:FTAI) Target Price at $321.11

FTAI Aviation Ltd. (NASDAQ:FTAI) has earned an average rating of “Moderate Buy” from the eleven research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $315.5556.

A number of equities research analysts have issued reports on the stock. Zacks Research downgraded shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Citizens Jmp began coverage on shares of FTAI Aviation in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $290.00 target price on FTAI Aviation in a research note on Friday, July 31st. Royal Bank Of Canada reduced their target price on FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Monday, July 27th. Finally, Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday.

FTAI Aviation Price Performance

FTAI opened at $221.23 on Tuesday. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.48. The company has a market capitalization of $22.72 billion, a price-to-earnings ratio of 48.09, a P/E/G ratio of 0.90 and a beta of 1.51. The firm’s fifty day moving average price is $236.26 and its two-hundred day moving average price is $252.29. FTAI Aviation has a 1 year low of $134.49 and a 1 year high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.19). FTAI Aviation had a return on equity of 139.59% and a net margin of 15.94%.The firm had revenue of $953.09 million during the quarter. During the same period last year, the firm posted $1.57 EPS. FTAI Aviation’s quarterly revenue was up 40.9% on a year-over-year basis. As a group, analysts anticipate that FTAI Aviation will post 6.77 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, August 12th. FTAI Aviation’s dividend payout ratio is 34.78%.

Insiders Place Their Bets

In other FTAI Aviation news, President David Moreno bought 2,475 shares of the stock in a transaction dated Friday, July 31st. The shares were bought at an average cost of $201.27 per share, for a total transaction of $498,143.25. Following the purchase, the president directly owned 199,490 shares of the company’s stock, valued at approximately $40,151,352.30. This trade represents a 1.26% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Judith A. Hannaway sold 255 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the transaction, the director directly owned 3,012 shares in the company, valued at $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.35% of the stock is owned by corporate insiders.

Institutional Trading of FTAI Aviation

A number of large investors have recently added to or reduced their stakes in FTAI. Doliver Advisors LP bought a new stake in FTAI Aviation in the second quarter worth about $989,000. Handelsbanken Fonder AB grew its position in shares of FTAI Aviation by 2.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 33,320 shares of the financial services provider’s stock valued at $9,014,000 after acquiring an additional 720 shares during the period. Fulton Bank N.A. grew its position in shares of FTAI Aviation by 60.3% during the 2nd quarter. Fulton Bank N.A. now owns 3,123 shares of the financial services provider’s stock valued at $845,000 after acquiring an additional 1,175 shares during the period. Wealth Science Advisors LLC grew its position in shares of FTAI Aviation by 14.1% during the 2nd quarter. Wealth Science Advisors LLC now owns 1,326 shares of the financial services provider’s stock valued at $359,000 after acquiring an additional 164 shares during the period. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in shares of FTAI Aviation during the 2nd quarter worth approximately $557,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.