FTAI Aviation (NYSE:FTAI) Receives New $190.00 Price Target from BTIG Research

On January 1, 2025, BTIG Research raised its price target for FTAI Aviation (NYSE:FTAI) from $180.00 to $190.00 in a recent report. The research firm continues to maintain a buy rating on the stock, indicating optimism regarding its future performance.

Additional analyses from other financial institutions have also been positive towards FTAI Aviation. For instance, Deutsche Bank increased its price target for FTAI from $125.00 to $160.00 and assigned a "buy" rating on October 22nd. Similarly, Royal Bank of Canada reiterated its "outperform" rating with a target price set at $160.00 on November 1st. On the contrary, Morgan Stanley has maintained an "underperform" rating since October 18th. Other firms, such as Citigroup and Compass Point, have also raised their price targets significantly, with Citigroup moving from $134.00 to $165.00, while Compass Point saw an increase to $181.00 from $175.00, both giving their ratings at "buy." Currently, there are two analysts with a sell rating, one with a hold rating, and ten with a buy rating for the company. As of the latest data, FTAI shares hold a consensus rating of "Moderate Buy" and a consensus target price of approximately $176.18.

Performance Overview of FTAI Aviation

FTAI Aviation's stock opened at $144.04 on Tuesday. Over the past several weeks, the fifty-day moving average price has been around $149.10, while the 200-day moving average price sits at about $127.59. The stock has experienced a year-low of $44.65 and a year-high of $177.18, with the company's market capitalization reaching $14.77 billion. It's noteworthy that the stock has a PE ratio of -1,440.26 and a beta of 2.06, indicating some volatility in its price movements.

Quarterly Earnings Report

FTAI Aviation most recently disclosed its quarterly earnings on October 30th, reporting an earnings per share (EPS) of $0.76, which was slightly below the consensus estimate of $0.77. In terms of revenue, the company brought in $465.80 million, beating analyst expectations of $422.45 million. This revenue marked a significant 60.0% increase compared to the same period last year, where the firm earned $0.33 per share.

Dividend Announcement

The company revealed a quarterly dividend recently, which was paid on November 25th. Shareholders on record as of November 14th received a dividend of $0.30 per share, culminating in an annualized dividend of $1.20, yielding 0.83%. At present, FTAI Aviation's payout ratio stands at an extremely high -1,200.00%, indicating a noteworthy portion of earnings being paid out in dividends.

Institutional Investment Insights

Recent changes in institutional and hedge fund investments reflect a growing confidence in FTAI Aviation. American Century Companies Inc. made a substantial shift by increasing its holdings by over 1,900% in the second quarter. Now owning approximately 972,806 shares valued at $100,423,000, the company purchased an additional 924,730 shares during this time. Other significant movements include Westfield Capital Management, which increased its stake by 87.1% in the third quarter, and Victory Capital Management growing its stake by 229.9%. Overall, institutional investors currently own about 88.96% of FTAI''''s stock.

About FTAI Aviation

FTAI Aviation Ltd. focuses on owning and acquiring aviation and offshore energy equipment globally, aimed at facilitating the efficient transport of goods and people. The company operates through two primary segments: Aviation Leasing—where it manages leases and sales of aviation assets, including aircraft and engines—and Aerospace Products.

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