FTAI Aviation Ltd. (NYSE:FTAI) Receives $171.75 Consensus Price Target from Brokerages

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have received a consensus rating of “Moderate Buy” from the twelve brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $171.75.

A number of equities analysts have commented on the company. BTIG Research lifted their price target on FTAI Aviation from $180.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, December 31st. Wolfe Research raised FTAI Aviation from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research note on Friday, January 10th. Stifel Nicolaus reduced their target price on FTAI Aviation from $167.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. Barclays boosted their target price on FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Finally, StockNews.com raised FTAI Aviation to a “sell” rating in a research note on Friday.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $128.71 on Tuesday. The business’s 50 day simple moving average is $125.10 and its two-hundred day simple moving average is $134.32. The stock has a market capitalization of $13.20 billion, a P/E ratio of -1,286.97 and a beta of 2.05. FTAI Aviation has a one year low of $54.84 and a one year high of $181.64.

FTAI Aviation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, March 14th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 0.93%. FTAI Aviation’s dividend payout ratio is presently -342.86%.

Institutional Investors Weigh In On FTAI Aviation

Several hedge funds have recently made changes to their positions in FTAI. Virtus Fund Advisers LLC bought a new stake in FTAI Aviation in the fourth quarter worth $26,000. Brown Brothers Harriman & Co. purchased a new stake in FTAI Aviation during the third quarter valued at $26,000. Transce3nd LLC purchased a new stake in FTAI Aviation during the fourth quarter valued at $29,000. Kapitalo Investimentos Ltda purchased a new stake in FTAI Aviation during the fourth quarter valued at $30,000. Finally, Anchor Investment Management LLC purchased a new stake in FTAI Aviation in the third quarter worth about $31,000. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Company Profile

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.