AerCap Holdings (NYSE:AER) Receives $113.83 Consensus PT from Brokerages

AerCap Holdings (NYSE:AER) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $116.17.

Several equities research analysts have weighed in on the stock. Susquehanna raised their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research report on Thursday. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. Finally, Barclays restated an “overweight” rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research report on Thursday.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in AerCap during the fourth quarter valued at approximately $27,000. Toth Financial Advisory Corp acquired a new position in AerCap during the fourth quarter valued at approximately $29,000. Pinpoint Asset Management Ltd acquired a new position in AerCap during the fourth quarter valued at approximately $35,000. Truvestments Capital LLC bought a new position in AerCap in the third quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC bought a new position in AerCap in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Trading Up 0.6 %

Shares of AER stock opened at $103.14 on Thursday. AerCap has a 12-month low of $76.14 and a 12-month high of $107.36. The company has a market capitalization of $20.42 billion, a P/E ratio of 8.17, a P/E/G ratio of 2.22 and a beta of 1.81. The firm has a 50-day moving average price of $97.37 and a 200 day moving average price of $96.06. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.97 billion. Research analysts forecast that AerCap will post 11.29 earnings per share for the current fiscal year.

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.27 per share. This is a boost from AerCap’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 annualized dividend and a dividend yield of 1.05%. AerCap’s payout ratio is currently 9.99%.

AerCap announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

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.