FTAI Aviation Ltd. (NASDAQ:FTAI) Receives $321.11 Average Target Price from Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have received a consensus rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, 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 1-year price target among analysts that have issued a report on the stock in the last year is $315.5556.

FTAI has been the topic of several analyst reports. Royal Bank Of Canada cut their target price on shares of FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating on the stock in a report on Monday, July 27th. Citizens Jmp began coverage on shares of FTAI Aviation in a research report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 price objective for the company. Weiss Ratings downgraded FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. BTIG Research dropped their price objective on FTAI Aviation from $400.00 to $350.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Finally, Zacks Research lowered FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st.

FTAI Aviation Price Performance

Shares of FTAI opened at $215.00 on Tuesday. The stock has a market cap of $22.08 billion, a P/E ratio of 46.74, a price-to-earnings-growth ratio of 0.87 and a beta of 1.51. FTAI Aviation has a 1 year low of $135.03 and a 1 year high of $323.51. The stock’s 50-day moving average price is $234.72 and its two-hundred day moving average price is $251.43. The company has a current ratio of 5.28, a quick ratio of 2.07 and a debt-to-equity ratio of 8.55.

FTAI Aviation (NASDAQ:FTAI) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.13 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). The firm had revenue of $953.09 million during the quarter. FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. FTAI Aviation’s revenue for the quarter was up 40.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.57 EPS. On average, equities analysts predict that FTAI Aviation will post 6.77 earnings per share for the current year.

FTAI Aviation Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, August 24th. Stockholders of record on Wednesday, August 12th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, August 12th. FTAI Aviation’s dividend payout ratio (DPR) is currently 34.78%.

Insider Activity

In other FTAI Aviation news, President David Moreno acquired 2,475 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average cost of $201.27 per share, for a total transaction of $498,143.25. Following the transaction, the president owned 199,490 shares of the company’s stock, valued at $40,151,352.30. This trade represents a 1.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Judith A. Hannaway sold 255 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the transaction, the director owned 3,012 shares of the company’s stock, valued at $764,716.68. This represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

Several large investors have recently made changes to their positions in the stock. Root Financial Partners LLC lifted its position in FTAI Aviation by 40.9% in the 1st quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 45 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in FTAI Aviation by 1.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 4,454 shares of the financial services provider’s stock worth $877,000 after purchasing an additional 52 shares in the last quarter. MetLife Investment Management LLC increased its holdings in 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 purchasing an additional 57 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in shares of FTAI Aviation by 122.9% in the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 59 shares during the period. Finally, Compound Planning Inc. raised its stake in shares of FTAI Aviation by 2.7% in the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock valued at $560,000 after purchasing an additional 60 shares during the period. Institutional investors own 88.96% of the company’s stock.

FTAI Aviation Company Profile

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.