FTAI Aviation Ltd. (NASDAQ:FTAI) Receives Average Rating of “Moderate Buy” from Analysts

FTAI Aviation Ltd. (NASDAQ:FTAI) has been given a consensus recommendation of “Moderate Buy” by the twelve ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $226.8750.

A number of research firms recently commented on FTAI. Wall Street Zen downgraded FTAI Aviation from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. BTIG Research reaffirmed a “buy” rating and issued a $230.00 price target on shares of FTAI Aviation in a research note on Tuesday, December 30th. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Morgan Stanley boosted their price objective on shares of FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Finally, Jones Trading began coverage on shares of FTAI Aviation in a report on Friday, October 10th. They issued a “buy” rating and a $306.00 target price on the stock.

Insiders Place Their Bets

In other FTAI Aviation news, COO David Moreno bought 4,354 shares of FTAI Aviation stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $153.89 per share, for a total transaction of $670,037.06. Following the completion of the acquisition, the chief operating officer owned 4,354 shares in the company, valued at approximately $670,037.06. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

Several large investors have recently modified their holdings of the business. Mather Group LLC. bought a new position in shares of FTAI Aviation during the 3rd quarter worth approximately $28,000. Parallel Advisors LLC boosted its holdings in FTAI Aviation by 78.5% during the second quarter. Parallel Advisors LLC now owns 307 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 135 shares during the last quarter. Global Retirement Partners LLC grew its position in FTAI Aviation by 880.0% in the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 308 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new stake in FTAI Aviation in the 2nd quarter valued at $60,000. Finally, Assetmark Inc. increased its stake in FTAI Aviation by 15.8% in the 2nd quarter. Assetmark Inc. now owns 638 shares of the financial services provider’s stock valued at $73,000 after buying an additional 87 shares during the last quarter. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Stock Performance

Shares of FTAI stock opened at $266.85 on Friday. FTAI Aviation has a 52-week low of $75.06 and a 52-week high of $276.82. The stock has a market cap of $27.37 billion, a PE ratio of 60.92 and a beta of 1.54. The firm’s 50 day moving average price is $184.41 and its two-hundred day moving average price is $162.15.

FTAI Aviation (NASDAQ:FTAI) last issued its earnings results on Monday, October 27th. The financial services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.09). The business had revenue of $667.06 million for the quarter, compared to the consensus estimate of $662.51 million. FTAI Aviation had a net margin of 20.82% and a return on equity of 370.51%. The business’s revenue was up 43.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 EPS. As a group, sell-side analysts predict that FTAI Aviation will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Monday, November 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, November 10th. FTAI Aviation’s dividend payout ratio (DPR) is presently 31.96%.

About FTAI Aviation

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.