Shares of AerCap Holdings (NYSE:AER - Get Free Report) have been given an average recommendation of "Moderate Buy" by the seven analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $105.71.
Several equities analysts recently commented on the company. Susquehanna boosted their price target on AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research report on Friday, August 2nd. Barclays lifted their price objective on AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. Finally, TD Cowen restated a "buy" rating and set a $125.00 price objective on shares of AerCap in a report on Monday, July 29th.
View Our Latest Research Report on AerCap
A number of institutional investors have recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in shares of AerCap by 223.3% in the 3rd quarter. Blue Trust Inc. now owns 915 shares of the financial services provider's stock valued at $85,000 after acquiring an additional 632 shares during the last quarter. Net Worth Advisory Group acquired a new position in AerCap during the 3rd quarter valued at approximately $950,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in AerCap by 2.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider's stock valued at $1,807,000 after purchasing an additional 451 shares during the period. Global Retirement Partners LLC boosted its position in AerCap by 87.9% during the 3rd quarter. Global Retirement Partners LLC now owns 5,058 shares of the financial services provider's stock valued at $479,000 after purchasing an additional 2,366 shares during the period. Finally, Transform Wealth LLC boosted its position in AerCap by 63.8% during the 3rd quarter. Transform Wealth LLC now owns 112,589 shares of the financial services provider's stock valued at $10,664,000 after purchasing an additional 43,849 shares during the period. 96.42% of the stock is currently owned by institutional investors.
AerCap stock opened at $97.56 on Friday. The stock's 50 day moving average price is $94.40 and its 200 day moving average price is $91.81. The firm has a market capitalization of $19.31 billion, a PE ratio of 6.35, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29. AerCap has a one year low of $57.84 and a one year high of $99.30.
AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, topping the consensus estimate of $2.41 by $0.60. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. AerCap's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.56 EPS. As a group, sell-side analysts expect that AerCap will post 11.33 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.03%. AerCap's dividend payout ratio (DPR) is 6.51%.
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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