FTAI Aviation Ltd. (NASDAQ:FTAI) Given Average Rating of “Moderate Buy” by Analysts

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have received an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $326.8750.

FTAI has been the topic of a number of recent analyst reports. Barclays lifted their target price on FTAI Aviation from $260.00 to $350.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Jefferies Financial Group reissued a “buy” rating and issued a $400.00 price objective on shares of FTAI Aviation in a report on Sunday, May 3rd. Weiss Ratings lowered FTAI Aviation from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 27th. BTIG Research lifted their price objective on FTAI Aviation from $335.00 to $340.00 and gave the stock a “buy” rating in a report on Friday, March 13th. Finally, Zacks Research lowered FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st.

Insider Activity

In related news, Director Martin Tuchman sold 67,500 shares of FTAI Aviation stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $241.99, for a total value of $16,334,325.00. Following the completion of the sale, the director owned 210,491 shares of the company’s stock, valued at approximately $50,936,717.09. This trade represents a 24.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Judith A. Hannaway sold 255 shares of FTAI Aviation stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $253.89, for a total value of $64,741.95. Following the completion of the sale, the director directly owned 3,012 shares of the company’s stock, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 254,515 shares of company stock valued at $61,599,445. 1.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On FTAI Aviation

Several large investors have recently added to or reduced their stakes in the company. Capital International Investors increased its position in shares of FTAI Aviation by 0.7% during the third quarter. Capital International Investors now owns 13,895,852 shares of the financial services provider’s stock valued at $2,318,615,000 after buying an additional 94,383 shares during the period. Capital World Investors increased its position in shares of FTAI Aviation by 41.1% during the fourth quarter. Capital World Investors now owns 8,916,830 shares of the financial services provider’s stock valued at $1,755,290,000 after buying an additional 2,596,265 shares during the period. Rubric Capital Management LP increased its position in shares of FTAI Aviation by 10.1% during the fourth quarter. Rubric Capital Management LP now owns 3,700,000 shares of the financial services provider’s stock valued at $728,345,000 after buying an additional 339,447 shares during the period. Westfield Capital Management Co. LP increased its position in shares of FTAI Aviation by 10.3% during the fourth quarter. Westfield Capital Management Co. LP now owns 2,350,625 shares of the financial services provider’s stock valued at $462,721,000 after buying an additional 220,384 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of FTAI Aviation by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 2,004,963 shares of the financial services provider’s stock valued at $394,757,000 after buying an additional 71,271 shares during the period. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Stock Performance

NASDAQ FTAI opened at $276.11 on Monday. The stock has a market capitalization of $28.32 billion, a price-to-earnings ratio of 54.78, a PEG ratio of 1.11 and a beta of 1.47. FTAI Aviation has a one year low of $108.47 and a one year high of $323.51. The company has a debt-to-equity ratio of 8.00, a current ratio of 5.24 and a quick ratio of 2.48. The business’s fifty day moving average is $250.69 and its 200-day moving average is $244.92.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.32). The business had revenue of $830.70 million for the quarter. FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.FTAI Aviation’s revenue for the quarter was up 65.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 EPS. Equities research analysts predict that FTAI Aviation will post 6.77 EPS for the current year.

FTAI Aviation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Wednesday, May 13th were issued a $0.45 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.80 annualized dividend and a yield of 0.7%. FTAI Aviation’s dividend payout ratio (DPR) is 31.75%.

About FTAI Aviation

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.