FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have received a consensus rating of “Moderate Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $162.09.

A number of research firms recently commented on FTAI. Compass Point boosted their price target on FTAI Aviation from $118.00 to $156.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a report on Friday, October 18th. Stifel Nicolaus raised shares of FTAI Aviation from a “hold” rating to a “buy” rating and lifted their price objective for the company from $69.00 to $132.00 in a research note on Friday, July 26th. Royal Bank of Canada restated an “outperform” rating and set a $160.00 target price on shares of FTAI Aviation in a research note on Friday, November 1st. Finally, StockNews.com raised FTAI Aviation to a “sell” rating in a report on Friday, August 2nd.

Institutional Investors Weigh In On FTAI Aviation

Institutional investors have recently added to or reduced their stakes in the business. Orion Portfolio Solutions LLC grew its stake in shares of FTAI Aviation by 2.9% in the third quarter. Orion Portfolio Solutions LLC now owns 3,634 shares of the financial services provider’s stock worth $483,000 after purchasing an additional 102 shares during the last quarter. MML Investors Services LLC grew its position in shares of FTAI Aviation by 6.3% in the 3rd quarter. MML Investors Services LLC now owns 2,166 shares of the financial services provider’s stock valued at $288,000 after buying an additional 129 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of FTAI Aviation by 5.8% in the third quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock valued at $352,000 after buying an additional 145 shares during the period. Farther Finance Advisors LLC raised its position in shares of FTAI Aviation by 118.1% during the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 189 shares during the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new position in shares of FTAI Aviation in the third quarter worth approximately $26,000. 88.96% of the stock is owned by institutional investors.

FTAI Aviation Trading Up 0.5 %

Shares of FTAI opened at $158.44 on Friday. FTAI Aviation has a 12 month low of $40.29 and a 12 month high of $166.00. The firm’s 50 day moving average is $139.08 and its 200-day moving average is $112.31. The stock has a market capitalization of $16.25 billion, a PE ratio of -1,584.24 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.01). The company had revenue of $465.80 million for the quarter, compared to the consensus estimate of $422.45 million. FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. FTAI Aviation’s revenue was up 60.0% on a year-over-year basis. During the same quarter last year, the business earned $0.33 EPS. Equities research analysts predict that FTAI Aviation will post 2.2 earnings per share for the current fiscal year.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, November 14th. FTAI Aviation’s payout ratio is -1,199.88%.

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.