FTAI Aviation Ltd. (NYSE:FTAI) Receives $67.17 Average Target Price from Analysts

FTAI Aviation Ltd. (NYSE:FTAI) has received a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $68.95.

A number of equities research analysts have weighed in on FTAI shares. Royal Bank of Canada began coverage on FTAI Aviation in a report on Friday. They set an “outperform” rating and a $85.00 price objective on the stock. Stifel Nicolaus increased their price objective on FTAI Aviation from $59.00 to $66.00 and gave the stock a “hold” rating in a research note on Monday, April 29th. StockNews.com downgraded shares of FTAI Aviation from a “hold” rating to a “sell” rating in a research note on Friday, April 12th. Benchmark reiterated a “buy” rating and set a $100.00 target price on shares of FTAI Aviation in a research report on Thursday. Finally, JMP Securities boosted their target price on FTAI Aviation from $66.00 to $85.00 and gave the stock a “market outperform” rating in a report on Monday, April 29th.

FTAI Aviation Price Performance

NYSE FTAI opened at $78.32 on Wednesday. The company’s fifty day moving average is $65.46 and its two-hundred day moving average is $52.27. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 35.76 and a beta of 1.90. FTAI Aviation has a 52-week low of $26.82 and a 52-week high of $79.60.

FTAI Aviation (NYSE:FTAI) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.06). The firm had revenue of $326.70 million for the quarter, compared to the consensus estimate of $302.07 million. FTAI Aviation had a net margin of 21.08% and a return on equity of 188.45%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.22 earnings per share. As a group, sell-side analysts expect that FTAI Aviation will post 2.41 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Friday, May 10th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.53%. The ex-dividend date is Thursday, May 9th. FTAI Aviation’s payout ratio is 54.79%.

Institutional Investors Weigh In On FTAI Aviation

Large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio increased its position in shares of FTAI Aviation by 37.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 848 shares of the financial services provider’s stock valued at $30,000 after buying an additional 231 shares in the last quarter. CWM LLC bought a new position in shares of FTAI Aviation during the 4th quarter valued at about $43,000. Operose Advisors LLC bought a new stake in FTAI Aviation during the 3rd quarter worth approximately $75,000. USA Financial Formulas raised its holdings in FTAI Aviation by 1,684.6% during the 4th quarter. USA Financial Formulas now owns 1,624 shares of the financial services provider’s stock worth $75,000 after buying an additional 1,533 shares during the period. Finally, Tucker Asset Management LLC lifted its stake in FTAI Aviation by 726.5% in the fourth quarter. Tucker Asset Management LLC now owns 1,653 shares of the financial services provider’s stock valued at $77,000 after buying an additional 1,453 shares in the last quarter. Institutional investors own 88.96% of the company’s stock.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.