FTAI Aviation Ltd. (NASDAQ:FTAI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

FTAI Aviation Ltd. (NASDAQ:FTAI) has been assigned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $326.8750.

A number of analysts have issued reports on the stock. Morgan Stanley reissued an “overweight” rating and issued a $319.00 price objective on shares of FTAI Aviation in a report on Friday, May 8th. Weiss Ratings cut shares of FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 2nd. Zacks Research downgraded shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $400.00 price target on shares of FTAI Aviation in a research note on Sunday, May 3rd. Finally, BTIG Research boosted their price target on FTAI Aviation from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Friday, March 13th.

FTAI Aviation Trading Up 5.5%

Shares of FTAI Aviation stock opened at $228.02 on Friday. The firm has a 50-day moving average of $252.36 and a 200-day moving average of $252.76. The stock has a market cap of $23.39 billion, a PE ratio of 45.24, a PEG ratio of 0.87 and a beta of 1.46. FTAI Aviation has a 52-week low of $109.13 and a 52-week high of $323.51. The company has a debt-to-equity ratio of 8.00, a quick ratio of 2.48 and a current ratio of 5.24.

FTAI Aviation (NASDAQ:FTAI) last released its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a net margin of 18.92% and a return on equity of 181.43%. The business had revenue of $830.70 million during the quarter. During the same quarter in the previous year, the business earned $0.87 EPS. The business’s quarterly revenue was up 65.4% compared to the same quarter last year. As a group, sell-side analysts forecast that FTAI Aviation will post 6.77 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Wednesday, May 13th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 annualized dividend and a yield of 0.8%. FTAI Aviation’s payout ratio is currently 31.75%.

Insiders Place Their Bets

In other news, Director Martin Tuchman sold 67,500 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the completion of the sale, the director directly owned 210,491 shares in the company, valued at approximately $50,936,717.09. This represents a 24.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Judith A. Hannaway sold 255 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the sale, the director directly owned 3,012 shares in the company, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 254,515 shares of company stock valued at $61,599,445. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

A number of large investors have recently bought and sold shares of FTAI. Root Financial Partners LLC grew its stake in FTAI Aviation by 40.9% during the first quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after buying an additional 45 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of FTAI Aviation by 1.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider’s stock valued at $877,000 after buying an additional 52 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in shares of FTAI Aviation by 0.9% during the 4th quarter. MetLife Investment Management LLC now owns 6,578 shares of the financial services provider’s stock worth $1,295,000 after acquiring an additional 57 shares during the period. SJS Investment Consulting Inc. lifted its holdings in shares of FTAI Aviation by 122.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 59 shares during the period. Finally, Compound Planning Inc. lifted its holdings in shares of FTAI Aviation by 2.7% during the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock worth $560,000 after acquiring an additional 60 shares during the period. 88.96% of the stock is currently owned by institutional investors and hedge funds.

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.