Brokerages Set AerCap Holdings (NYSE:AER) PT at $102.38 (2024)

AerCap Holdings (NYSE:AER - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $102.38.

Several brokerages recently commented on AER. Morgan Stanley assumed coverage on shares of AerCap in a report on Friday, June 7th. They set an "equal weight" rating and a $103.00 target price for the company. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AerCap from $95.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, May 9th. 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 raised their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a research note on Friday. Finally, Barclays raised 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.

Get Our Latest Stock Report on AerCap

Institutional Trading of AerCap

Hedge funds and other institutional investors have recently modified their holdings of the business. Franklin Resources Inc. grew its position in AerCap by 32.0% during the 4th quarter. Franklin Resources Inc. now owns 6,090,321 shares of the financial services provider's stock valued at $452,633,000 after purchasing an additional 1,476,236 shares during the last quarter. Donald Smith & CO. Inc. grew its position in AerCap by 0.3% during the 1st quarter. Donald Smith & CO. Inc. now owns 4,080,070 shares of the financial services provider's stock valued at $354,599,000 after purchasing an additional 10,670 shares during the last quarter. Ninety One UK Ltd grew its position in AerCap by 93.0% during the 4th quarter. Ninety One UK Ltd now owns 2,425,602 shares of the financial services provider's stock valued at $180,271,000 after purchasing an additional 1,168,628 shares during the last quarter. Norges Bank purchased a new stake in AerCap during the 4th quarter valued at about $145,951,000. Finally, Artisan Partners Limited Partnership purchased a new stake in AerCap during the 4th quarter valued at about $137,412,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Trading Down 0.4 %

Shares of NYSE AER traded down $0.37 during midday trading on Monday, reaching $86.24. 2,802,625 shares of the stock were exchanged, compared to its average volume of 1,572,636. AerCap has a 12 month low of $57.30 and a 12 month high of $98.79. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The business has a 50-day simple moving average of $93.02 and a two-hundred day simple moving average of $86.59. The company has a market capitalization of $17.07 billion, a price-to-earnings ratio of 5.64, a P/E/G ratio of 2.28 and a beta of 1.83.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.21%. The company's revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.56 EPS. As a group, equities research analysts expect that AerCap will post 10.25 EPS for the current year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Wednesday, August 14th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, August 14th. This represents a $1.00 annualized dividend and a yield of 1.16%. AerCap's dividend payout ratio (DPR) is presently 6.51%.

About AerCap

(Get Free Report

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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