Brokerages Set FTAI Aviation Ltd. (NASDAQ:FTAI) Price Target at $292.22

FTAI Aviation Ltd. (NASDAQ:FTAI) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $292.2222.

Several equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of FTAI Aviation in a research note on Monday, December 29th. Wolfe Research restated an “outperform” rating and issued a $225.00 target price on shares of FTAI Aviation in a research note on Wednesday, December 31st. Citigroup restated an “outperform” rating on shares of FTAI Aviation in a research note on Thursday, January 29th. Royal Bank Of Canada lifted their price target on FTAI Aviation from $270.00 to $350.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, BTIG Research boosted their price target on FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a research note on Friday, January 23rd.

Hedge Funds Weigh In On FTAI Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in FTAI Aviation during the 3rd quarter valued at approximately $28,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of FTAI Aviation in the fourth quarter worth $30,000. Greenline Wealth Management LLC purchased a new position in shares of FTAI Aviation during the fourth quarter worth $50,000. Global Retirement Partners LLC lifted its position in FTAI Aviation by 880.0% during the third quarter. Global Retirement Partners LLC now owns 343 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 308 shares during the period. Finally, First Horizon Corp lifted its position in FTAI Aviation by 131.9% during the fourth quarter. First Horizon Corp now owns 320 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 182 shares during the period. Institutional investors and hedge funds own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

Shares of FTAI Aviation stock opened at $276.34 on Friday. The company has a 50 day moving average price of $268.71 and a 200 day moving average price of $203.42. The firm has a market capitalization of $28.34 billion, a P/E ratio of 59.81, a PEG ratio of 1.05 and a beta of 1.50. The company has a quick ratio of 2.30, a current ratio of 5.28 and a debt-to-equity ratio of 10.32. FTAI Aviation has a 52 week low of $81.45 and a 52 week high of $323.51.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, February 25th. The financial services provider reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($0.14). FTAI Aviation had a return on equity of 257.07% and a net margin of 19.98%.The company had revenue of $662.03 million for the quarter, compared to analysts’ expectations of $710.37 million. During the same period in the prior year, the firm posted $0.84 EPS. The firm’s revenue for the quarter was up 32.7% on a year-over-year basis. Sell-side analysts expect that FTAI Aviation will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 13th will be given a $0.40 dividend. The ex-dividend date is Friday, March 13th. FTAI Aviation’s dividend payout ratio is currently 30.30%.

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.