FTAI Aviation Ltd. (NASDAQ:FTAI) Stock Has Consensus Price Target of $310.62 According to Analysts

FTAI Aviation Ltd. (NASDAQ:FTAI) has been given an average recommendation of “Moderate Buy” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $310.62.

Several brokerages have recently issued reports on FTAI. Royal Bank Of Canada decreased their target price on shares of FTAI Aviation from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft set a $290.00 target price on FTAI Aviation in a research note on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and issued a $325.00 price objective on shares of FTAI Aviation in a research note on Sunday, August 2nd. Weiss Ratings lowered FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Finally, Morgan Stanley decreased their price objective on FTAI Aviation from $360.00 to $310.00 and set an “overweight” rating for the company in a report on Friday, October 16th.

Insider Activity

In other FTAI Aviation news, President David Moreno acquired 2,475 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average cost of $201.27 per share, with a total value of $498,143.25. Following the completion of the acquisition, the president directly owned 199,490 shares in the company, valued at $40,151,352.30. This represents a 1.26% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On FTAI Aviation

A number of hedge funds have recently made changes to their positions in FTAI. Sterling Capital Management LLC bought a new stake in FTAI Aviation during the third quarter valued at about $39,000. Inspire Investing LLC lifted its position in shares of FTAI Aviation by 12.8% during the third quarter. Inspire Investing LLC now owns 6,021 shares of the financial services provider’s stock valued at $1,006,000 after buying an additional 681 shares during the last quarter. T3 Companies LLC lifted its position in shares of FTAI Aviation by 7.5% during the third quarter. T3 Companies LLC now owns 2,150 shares of the financial services provider’s stock valued at $359,000 after buying an additional 150 shares during the last quarter. Brookstone Capital Management boosted its holdings in shares of FTAI Aviation by 4.3% in the 3rd quarter. Brookstone Capital Management now owns 3,611 shares of the financial services provider’s stock valued at $603,000 after buying an additional 148 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of FTAI Aviation during the 3rd quarter worth approximately $25,000. 88.96% of the stock is currently owned by hedge funds and other institutional investors.

FTAI Aviation Stock Down 3.7%

Shares of FTAI opened at $157.50 on Friday. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 34.24, a price-to-earnings-growth ratio of 0.81 and a beta of 1.51. FTAI Aviation has a 1 year low of $149.50 and a 1 year high of $323.51. The business’s 50 day simple moving average is $183.77 and its 200-day simple moving average is $220.87. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07.

FTAI Aviation (NASDAQ:FTAI) last posted its earnings results on Wednesday, July 29th. The financial services provider reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.19). FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. The firm had revenue of $953.09 million for the quarter. During the same period in the prior year, the company earned $1.57 EPS. The business’s revenue was up 40.9% on a year-over-year basis. As a group, equities analysts expect that FTAI Aviation will post 5.48 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Wednesday, August 12th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, August 12th. FTAI Aviation’s dividend payout ratio is presently 43.48%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.

The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.