FTAI Aviation (NYSE:FTAI – Get Free Report) posted its earnings results on Thursday. The financial services provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.06), Briefing.com reports. FTAI Aviation had a return on equity of 223.80% and a net margin of 20.82%. The firm had revenue of $326.70 million for the quarter, compared to analyst estimates of $302.07 million. During the same quarter last year, the firm posted $0.22 EPS. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis.
FTAI Aviation Stock Performance
FTAI Aviation stock traded down $2.50 during mid-day trading on Friday, hitting $70.75. 1,806,318 shares of the company traded hands, compared to its average volume of 868,759. The stock has a market cap of $7.09 billion, a price-to-earnings ratio of 33.69 and a beta of 1.90. FTAI Aviation has a one year low of $26.79 and a one year high of $74.99. The stock has a fifty day moving average price of $63.18 and a 200-day moving average price of $50.81.
FTAI Aviation Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Friday, March 8th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $1.20 annualized dividend and a yield of 1.70%. FTAI Aviation’s payout ratio is presently 57.14%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on FTAI
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.
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