Aercap (NYSE:AER) Reaches New 1-Year High – Time to Buy?

Aercap Holdings N.V. (NYSE:AER) shares reached a new 52-week high on Tuesday . The company traded as high as $142.54 and last traded at $142.3850, with a volume of 313470 shares traded. The stock had previously closed at $141.79.

Analysts Set New Price Targets

AER has been the subject of a number of analyst reports. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Barclays boosted their price objective on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Morgan Stanley raised their target price on shares of Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Truist Financial started coverage on Aercap in a research note on Tuesday, December 9th. They set a “buy” rating and a $159.00 price target for the company. Finally, Bank of America lifted their price target on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $146.29.

Aercap Stock Performance

The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43. The stock has a market cap of $26.58 billion, a PE ratio of 6.74, a P/E/G ratio of 0.73 and a beta of 1.13. The business’s 50-day moving average price is $130.57 and its 200-day moving average price is $121.71.

Aercap (NYSE:AER) last announced its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period last year, the firm earned $2.41 earnings per share. Aercap’s revenue was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities research analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 12th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Aercap’s payout ratio is 5.12%.

Institutional Investors Weigh In On Aercap

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 59 North Capital Management LP grew its stake in shares of Aercap by 40.6% during the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock worth $532,258,000 after acquiring an additional 1,504,620 shares during the last quarter. Mizuho Markets Cayman LP boosted its stake in Aercap by 45,615.5% in the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after purchasing an additional 3,502,812 shares in the last quarter. JPMorgan Chase & Co. grew its position in Aercap by 25.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after purchasing an additional 575,320 shares during the last quarter. Ninety One UK Ltd increased its stake in Aercap by 44.8% during the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after purchasing an additional 864,348 shares in the last quarter. Finally, Mawer Investment Management Ltd. raised its holdings in shares of Aercap by 35.1% in the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock worth $253,337,000 after buying an additional 543,465 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

About Aercap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.