AerCap Holdings (NYSE:AER) Receives $102.38 Consensus PT from Analysts

Shares of AerCap Holdings (NYSE:AER) have been assigned an average recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $102.38.

AER has been the subject of several analyst reports. Barclays lifted their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. TD Cowen reaffirmed a “buy” rating and issued a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. Susquehanna boosted their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. Finally, Morgan Stanley began coverage on shares of AerCap in a research report on Friday, June 7th. They set an “equal weight” rating and a $103.00 target price for the company.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in AER. Blue Trust Inc. increased its holdings in shares of AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 134 shares during the period. Trust Co. of Vermont bought a new position in shares of AerCap during the 4th quarter worth about $27,000. Mather Group LLC. increased its holdings in shares of AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 214 shares during the period. Assetmark Inc. bought a new position in shares of AerCap during the 4th quarter worth about $42,000. Finally, CVA Family Office LLC bought a new position in shares of AerCap during the 1st quarter worth about $52,000. Institutional investors own 96.42% of the company’s stock.

AerCap Stock Down 0.2 %

AER stock opened at $94.72 on Tuesday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap has a 1 year low of $57.30 and a 1 year high of $98.79. The company has a fifty day simple moving average of $93.50 and a 200 day simple moving average of $91.08. The firm has a market cap of $18.75 billion, a PE ratio of 6.16, a PEG ratio of 2.16 and a beta of 1.83.

AerCap (NYSE:AER) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the previous year, the business earned $2.56 EPS. AerCap’s quarterly revenue was up 1.8% compared to the same quarter last year. Sell-side analysts anticipate that AerCap will post 11.33 EPS for the current fiscal year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. AerCap’s payout ratio is 6.51%.

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.