FTAI Aviation Ltd. (NYSE:FTAI) Receives $172.83 Average Target Price from Analysts

FTAI Aviation Ltd. (NYSE:FTAI) has earned an average recommendation of “Moderate Buy” from the twelve research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $172.83.

A number of analysts have recently weighed in on FTAI shares. Morgan Stanley cut their price objective on FTAI Aviation from $168.00 to $138.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. Stifel Nicolaus reissued a “hold” rating and set a $123.00 price objective (up from $100.00) on shares of FTAI Aviation in a research report on Monday, March 3rd. StockNews.com raised shares of FTAI Aviation to a “sell” rating in a report on Saturday, March 15th. Citigroup reissued a “buy” rating on shares of FTAI Aviation in a research report on Thursday, March 6th. Finally, Wolfe Research raised shares of FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a research report on Friday, January 10th.

Institutional Trading of FTAI Aviation

A number of large investors have recently bought and sold shares of FTAI. Morse Asset Management Inc purchased a new stake in shares of FTAI Aviation in the third quarter valued at about $354,000. Orion Portfolio Solutions LLC raised its stake in FTAI Aviation by 2.9% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock valued at $483,000 after acquiring an additional 102 shares during the last quarter. MML Investors Services LLC lifted its position in FTAI Aviation by 6.3% during the 3rd quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock worth $288,000 after acquiring an additional 129 shares during the period. Barclays PLC grew its stake in shares of FTAI Aviation by 73.5% in the 3rd quarter. Barclays PLC now owns 214,610 shares of the financial services provider’s stock valued at $28,520,000 after purchasing an additional 90,905 shares during the last quarter. Finally, Anchor Investment Management LLC acquired a new position in shares of FTAI Aviation in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Down 1.5 %

Shares of FTAI opened at $93.00 on Wednesday. The company has a market cap of $9.54 billion, a P/E ratio of -929.91 and a beta of 1.79. FTAI Aviation has a fifty-two week low of $66.22 and a fifty-two week high of $181.64. The firm’s 50 day moving average price is $109.96 and its 200 day moving average price is $129.71.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, March 14th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.29%. FTAI Aviation’s dividend payout ratio (DPR) is presently -342.86%.

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.