AerCap Holdings (NYSE:AER) Receives $113.83 Average Target Price from Analysts

Shares of AerCap Holdings (NYSE:AER) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $116.17.

A number of brokerages have recently commented on AER. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Barclays reiterated an “overweight” rating and issued a $115.00 price target (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Finally, Susquehanna increased their price target on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research note on Thursday, February 27th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AER. Siemens Fonds Invest GmbH raised its position in shares of AerCap by 38.9% in the 4th quarter. Siemens Fonds Invest GmbH now owns 7,237 shares of the financial services provider’s stock worth $691,000 after acquiring an additional 2,026 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of AerCap in the 4th quarter worth about $27,063,000. Ameriflex Group Inc. bought a new position in shares of AerCap in the 4th quarter worth about $27,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of AerCap in the 4th quarter worth about $1,079,000. Finally, Vise Technologies Inc. raised its position in shares of AerCap by 121.0% in the 4th quarter. Vise Technologies Inc. now owns 6,314 shares of the financial services provider’s stock worth $604,000 after acquiring an additional 3,457 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

AerCap Trading Up 3.6 %

Shares of AER stock opened at $102.05 on Thursday. AerCap has a fifty-two week low of $79.51 and a fifty-two week high of $107.36. The company has a market cap of $19.06 billion, a PE ratio of 8.09, a P/E/G ratio of 2.22 and a beta of 1.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s fifty day moving average price is $97.55 and its two-hundred day moving average price is $96.19.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.75. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Equities analysts predict that AerCap will post 11.29 EPS for the current fiscal year.

AerCap Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be given a dividend of $0.27 per share. This is a positive change from AerCap’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Wednesday, March 12th. AerCap’s dividend payout ratio (DPR) is currently 9.99%.

AerCap declared that its Board of Directors has initiated a stock buyback program on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase up to 4.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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.