Shares of AerCap Holdings (NYSE:AER – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $112.00.
Several brokerages recently issued reports on AER. Deutsche Bank Aktiengesellschaft upped their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st.
Get Our Latest Stock Report on AER
Hedge Funds Weigh In On AerCap
AerCap Stock Performance
Shares of AerCap stock opened at $95.05 on Monday. The company has a market capitalization of $18.81 billion, a PE ratio of 7.53, a P/E/G ratio of 2.07 and a beta of 1.82. The company has a 50-day simple moving average of $96.09 and a two-hundred day simple moving average of $95.02. AerCap has a one year low of $75.83 and a one year high of $100.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.
AerCap (NYSE:AER – Get Free Report) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts’ consensus estimates of $2.41. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. AerCap’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. Research analysts expect that AerCap will post 11.26 EPS for the current fiscal year.
AerCap Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were given a $0.25 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. AerCap’s dividend payout ratio is currently 7.92%.
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.
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