FTAI Aviation (FTAIM) to Release Quarterly Earnings on Wednesday

FTAI Aviation (NASDAQ:FTAIM) will likely be posting its resultson Wednesday, April 29th. Analysts expect FTAI Aviation to post earnings of $1.88 per share and revenue of $811.7060 million for the quarter.

FTAI Aviation Trading Up 0.2%

FTAIM stock opened at $26.92 on Tuesday. The stock has a 50-day moving average price of $27.05 and a two-hundred day moving average price of $26.98. FTAI Aviation has a 1 year low of $25.40 and a 1 year high of $27.49.

FTAI Aviation Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 9th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend was Monday, March 9th.

About FTAI Aviation

FTAI Aviation Ltd., trading on the NASDAQ under the symbol FTAIM, is a publicly listed holding company that offers investors exposure to the commercial aviation sector through its wholly owned operating subsidiary, Azorra Aviation. The company’s core business is centered on acquiring, leasing and trading narrowbody aircraft, with a fleet predominantly comprised of Airbus A320- and Boeing 737-family jets. Through long-term lease agreements, sale-and-leaseback transactions and selective asset disposals, FTAI Aviation seeks to generate predictable rental streams and capture residual value appreciation over the life cycle of each aircraft.

FTAI Aviation emerged in mid-2021 following the completion of a business combination with Azorra Aviation and the subsequent rebranding of its former sponsor, FTAI Infrastructure.