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

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $292.2222.

Several research analysts have recently issued reports on FTAI shares. Zacks Research raised shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Morgan Stanley raised their price objective on shares of FTAI Aviation from $220.00 to $266.00 and gave the company an “overweight” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada upped their target price on shares of FTAI Aviation from $270.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Citizens Jmp raised their price target on FTAI Aviation from $230.00 to $325.00 and gave the stock a “market outperform” rating in a research report on Thursday, January 29th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $225.00 price objective on shares of FTAI Aviation in a research note on Wednesday, December 31st.

FTAI Aviation Stock Down 4.8%

NASDAQ FTAI opened at $260.35 on Friday. The stock has a market capitalization of $26.70 billion, a P/E ratio of 56.35, a price-to-earnings-growth ratio of 1.10 and a beta of 1.50. FTAI Aviation has a 52 week low of $81.45 and a 52 week high of $323.51. The company has a debt-to-equity ratio of 10.32, a quick ratio of 3.27 and a current ratio of 5.28. The stock has a fifty day moving average of $266.64 and a 200-day moving average of $201.64.

FTAI Aviation (NASDAQ:FTAI) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). The firm had revenue of $662.03 million for the quarter, compared to analyst estimates of $710.37 million. FTAI Aviation had a net margin of 19.98% and a return on equity of 257.07%. The company’s revenue was up 32.7% compared to the same quarter last year. During the same period last year, the company earned $0.84 EPS. On average, equities research analysts forecast that FTAI Aviation will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 13th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 13th. FTAI Aviation’s dividend payout ratio is 30.30%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of FTAI. Capital International Investors raised its holdings in FTAI Aviation by 0.7% in the third quarter. Capital International Investors now owns 13,895,852 shares of the financial services provider’s stock worth $2,318,615,000 after purchasing an additional 94,383 shares during the period. Capital World Investors increased its position in shares of FTAI Aviation by 41.1% in the 4th quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider’s stock valued at $1,755,290,000 after buying an additional 2,596,265 shares in the last quarter. Rubric Capital Management LP increased its position in shares of FTAI Aviation by 10.1% in the 4th quarter. Rubric Capital Management LP now owns 3,700,000 shares of the financial services provider’s stock valued at $728,345,000 after buying an additional 339,447 shares in the last quarter. Ensign Peak Advisors Inc raised its stake in FTAI Aviation by 67.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 3,075,788 shares of the financial services provider’s stock worth $353,839,000 after buying an additional 1,238,294 shares during the period. Finally, Westfield Capital Management Co. LP raised its stake in FTAI Aviation by 10.3% during the 4th quarter. Westfield Capital Management Co. LP now owns 2,350,625 shares of the financial services provider’s stock worth $462,721,000 after buying an additional 220,384 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

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.