Aercap (NYSE:AER) Reaches New 52-Week High – Should You Buy?

Shares of Aercap Holdings N.V. (NYSE:AER) reached a new 52-week high on Wednesday . The company traded as high as $138.63 and last traded at $138.0910, with a volume of 1186079 shares traded. The stock had previously closed at $135.69.

Wall Street Analyst Weigh In

AER has been the subject of a number of research analyst reports. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Cowen restated a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. Barclays lifted their price target on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Susquehanna upped their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Finally, TD Cowen lifted their target price on Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $144.17.

Aercap Price Performance

The firm has a market capitalization of $25.79 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.69 and a beta of 1.13. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43. The business has a 50-day moving average price of $127.53 and a two-hundred day moving average price of $120.02.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The firm’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be given a $0.27 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $1.08 annualized dividend and a yield of 0.8%. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Institutional Investors Weigh In On Aercap

Large investors have recently made changes to their positions in the company. 59 North Capital Management LP boosted its position in shares of Aercap by 40.6% during the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock worth $532,258,000 after buying an additional 1,504,620 shares during the period. Mizuho Markets Cayman LP boosted its position in Aercap by 45,615.5% during the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after acquiring an additional 3,502,812 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Aercap by 25.0% in the second quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after purchasing an additional 575,320 shares in the last quarter. Ninety One UK Ltd increased its holdings in shares of Aercap by 44.8% during the second quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after purchasing an additional 864,348 shares during the period. Finally, Mawer Investment Management Ltd. raised its stake in shares of Aercap by 35.1% during the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock valued at $253,337,000 after purchasing an additional 543,465 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

About Aercap

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.