FTAI Aviation (NYSE:FTAI) Stock Price Down 5.4% – What’s Next?

FTAI Aviation Ltd. (NYSE:FTAI) fell 5.4% during trading on Tuesday . The stock traded as low as $154.70 and last traded at $155.66. 832,030 shares changed hands during trading, a decline of 55% from the average session volume of 1,828,734 shares. The stock had previously closed at $164.57.

Analyst Ratings Changes

FTAI has been the topic of several recent analyst reports. Jefferies Financial Group boosted their price target on FTAI Aviation from $140.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, September 30th. BTIG Research boosted their target price on shares of FTAI Aviation from $180.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, December 31st. Morgan Stanley reissued an “underperform” rating on shares of FTAI Aviation in a research note on Friday, October 18th. Barclays lifted their price target on shares of FTAI Aviation from $135.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, December 4th. Finally, Compass Point increased their price objective on shares of FTAI Aviation from $175.00 to $181.00 and gave the stock a “buy” rating in a research report on Tuesday, December 17th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.33.

FTAI Aviation Stock Performance

The company has a market cap of $12.31 billion, a price-to-earnings ratio of -1,199.88 and a beta of 2.09. The stock’s fifty day moving average is $151.99 and its two-hundred day moving average is $132.31.

FTAI Aviation (NYSE:FTAI) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.76 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.01). The company had revenue of $465.80 million during the quarter, compared to analysts’ expectations of $422.45 million. FTAI Aviation had a return on equity of 206.25% and a net margin of 1.59%. The business’s revenue for the quarter was up 60.0% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. On average, equities research analysts expect that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.00%. The ex-dividend date was Thursday, November 14th. FTAI Aviation’s dividend payout ratio (DPR) is presently -1,200.00%.

Institutional Trading of FTAI Aviation

Several institutional investors have recently made changes to their positions in FTAI. Brown Brothers Harriman & Co. bought a new position in shares of FTAI Aviation during the third quarter valued at about $26,000. Anchor Investment Management LLC bought a new position in shares of FTAI Aviation during the 3rd quarter worth approximately $31,000. Farther Finance Advisors LLC boosted its stake in shares of FTAI Aviation by 118.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after buying an additional 189 shares during the last quarter. USA Financial Formulas bought a new position in shares of FTAI Aviation in the fourth quarter valued at approximately $93,000. Finally, Raymond James Trust N.A. purchased a new stake in shares of FTAI Aviation during the third quarter valued at approximately $200,000. Institutional investors own 88.96% of the company’s stock.

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.