AerCap Holdings (NYSE:AER) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of AerCap Holdings (NYSE:AER) have been given a consensus rating of “Moderate Buy” by the eight analysts that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $102.38.

A number of research analysts recently issued reports on the company. TD Cowen reiterated a “buy” rating and set a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. Morgan Stanley initiated coverage on AerCap in a report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 price objective for the company. Susquehanna lifted their price target on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. Finally, Barclays lifted their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd.

Hedge Funds Weigh In On AerCap

A number of institutional investors have recently modified their holdings of AER. Blue Trust Inc. lifted its position in AerCap by 89.9% during the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. grew its stake in AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 214 shares in the last quarter. Trust Co. of Vermont acquired a new position in AerCap in the 4th quarter valued at about $27,000. Assetmark Inc. acquired a new position in AerCap in the 4th quarter valued at about $42,000. Finally, CVA Family Office LLC acquired a new position in shares of AerCap in the 1st quarter worth approximately $52,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Stock Down 0.4 %

Shares of AER stock opened at $96.63 on Tuesday. The firm has a market cap of $19.13 billion, a PE ratio of 6.29, a price-to-earnings-growth ratio of 2.06 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 12 month low of $57.30 and a 12 month high of $98.79. The stock has a 50 day moving average of $93.51 and a 200-day moving average of $90.65.

AerCap (NYSE:AER) last announced its earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS 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 company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the prior year, the business earned $2.56 earnings per share. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, equities analysts predict that AerCap will post 11.33 EPS for the current year.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Wednesday, August 14th. AerCap’s payout ratio is 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.