AerCap Holdings (NYSE:AER) Receives Average Recommendation of “Moderate Buy” from Analysts

AerCap Holdings (NYSE:AER) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $102.38.

Several brokerages have recently commented on AER. Susquehanna upped their price objective on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. TD Cowen restated a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Barclays increased their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Morgan Stanley assumed coverage on AerCap in a research report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 target price for the company.

AerCap Stock Down 5.1 %

Shares of NYSE AER opened at $92.45 on Friday. AerCap has a 1 year low of $57.30 and a 1 year high of $98.79. The company has a market capitalization of $18.30 billion, a P/E ratio of 6.01, a P/E/G ratio of 2.18 and a beta of 1.83. The company has a 50 day simple moving average of $93.69 and a 200-day simple moving average of $89.12. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29.

AerCap (NYSE:AER) last posted its earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.60. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.56 earnings per share. On average, equities research analysts predict that AerCap will post 11.33 earnings per share for the current year.

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Wednesday, August 14th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.08%. AerCap’s payout ratio is 6.51%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AER. Inspire Advisors LLC lifted its position in shares of AerCap by 1.5% during the 1st quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock worth $708,000 after purchasing an additional 124 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of AerCap by 1.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider’s stock worth $645,000 after acquiring an additional 129 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in shares of AerCap by 3.0% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 4,935 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 146 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its position in shares of AerCap by 2.4% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,613 shares of the financial services provider’s stock worth $491,000 after acquiring an additional 154 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

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.