AerCap Holdings (NYSE:AER) Receives $105.71 Average Target Price from Analysts

AerCap Holdings (NYSE:AER) 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.

Hedge Funds Weigh In On AerCap

A number of hedge funds have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of AerCap by 19.0% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 110,949 shares of the financial services provider’s stock worth $9,643,000 after buying an additional 17,750 shares during the period. O Keefe Stevens Advisory Inc. acquired a new position in AerCap during the first quarter worth $2,890,000. Janus Henderson Group PLC lifted its holdings in AerCap by 31.1% during the first quarter. Janus Henderson Group PLC now owns 142,539 shares of the financial services provider’s stock valued at $12,382,000 after purchasing an additional 33,852 shares in the last quarter. Mizuho Markets Americas LLC grew its position in shares of AerCap by 15.8% in the first quarter. Mizuho Markets Americas LLC now owns 136,750 shares of the financial services provider’s stock valued at $11,885,000 after purchasing an additional 18,700 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of AerCap by 2.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock worth $1,807,000 after purchasing an additional 451 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

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) 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.