Share on StockTwits

Aircastle Limited (NYSE:AYR) CAO Aaron Dahlke sold 8,035 shares of Aircastle Limited stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $19.26, for a total value of $154,754.10. Following the sale, the chief accounting officer now directly owns 10,883 shares of the company’s stock, valued at approximately $209,607. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Aircastle Limited (NYSE:AYR) traded up 0.47% on Thursday, hitting $19.19. 251,399 shares of the company’s stock traded hands. Aircastle Limited has a 52-week low of $16.01 and a 52-week high of $21.35. The stock’s 50-day moving average is $18.15 and its 200-day moving average is $18.22. The company’s market cap is $1.555 billion.

Aircastle Limited (NYSE:AYR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.05) by $0.09. The company had revenue of $187.10 million for the quarter, compared to the consensus estimate of $181.03 million. During the same quarter in the prior year, the company posted $0.67 earnings per share. The company’s quarterly revenue was up 32.7% on a year-over-year basis. Analysts expect that Aircastle Limited will post $1.53 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 12th. Stockholders of record on Friday, August 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date of this dividend is Wednesday, August 27th.

Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Aircastle Limited in a research note on Wednesday, August 13th. They now have a $20.50 price target on the stock, up previously from $19.50. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $21.36.

Aircastle Limited (NYSE:AYR) is a global company that acquires, leases, and sells high-utility commercial jet aircraft to customers throughout the world.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.