Aircastle (NYSE:AYR) Director Corp Marubeni purchased 30,300 shares of the stock on the open market in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of $17.19 per share, for a total transaction of $520,857.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
AYR has been the subject of a number of recent research reports. Analysts at RBC Capital initiated coverage on shares of Aircastle (NYSE:AYR) in a research note to investors on Friday, August 16th. They set a “sector perform” rating on the stock. Analysts at FBR Capital Markets raised their price target on shares of Aircastle (NYSE:AYR) from $17.00 to $19.00 in a research note to investors on Wednesday, August 7th. They now have a “market perform” rating on the stock.
Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.99.
Shares of Aircastle (NYSE:AYR) opened at 17.38 on Tuesday. Aircastle has a 52 week low of $10.91 and a 52 week high of $18.12. The stock’s 50-day moving average is $17.03 and its 200-day moving average is $15.42. The company has a market cap of $1.404 billion and a P/E ratio of 30.33.
Aircastle (NYSE:AYR) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.13. The company had revenue of $170.40 million for the quarter, compared to the consensus estimate of $168.51 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Analysts expect that Aircastle will post $1.75 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.17 per share. This represents a $0.66 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Wednesday, August 28th.
Aircastle Limited (NYSE:AYR) is a global company that acquires, leases, and sells high-utility commercial jet aircraft to customers throughout the world.
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