AerCap Holdings (NYSE:AER – Get Free Report) has received an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $106.43.
Several brokerages recently commented on AER. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays lifted their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. TD Cowen reissued a “buy” rating and issued a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. Finally, Susquehanna lifted their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd.
Get Our Latest Analysis on AER
Hedge Funds Weigh In On AerCap
AerCap Price Performance
Shares of AER opened at $95.61 on Friday. The company has a 50 day moving average of $94.72 and a two-hundred day moving average of $92.13. The company has a market cap of $18.92 billion, a price-to-earnings ratio of 6.22, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap has a twelve month low of $58.46 and a twelve month high of $99.30.
AerCap (NYSE:AER – Get Free Report) last announced its earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.60. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the previous year, the business earned $2.56 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. As a group, analysts predict that AerCap will post 11.33 earnings per share for the current fiscal year.
AerCap Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date was Wednesday, August 14th. AerCap’s dividend payout ratio (DPR) is presently 6.51%.
AerCap Company Profile
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.
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