Aercap Holdings N.V. (NYSE:AER – Get Free Report) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 12th will be given a dividend of 0.40 per share by the financial services provider on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, August 12th.
Aercap has a payout ratio of 12.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Aercap to earn $17.09 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 9.4%.
Aercap Stock Performance
AER traded down $5.46 on Wednesday, hitting $148.63. 1,752,008 shares of the company traded hands, compared to its average volume of 1,286,571. Aercap has a 12-month low of $105.65 and a 12-month high of $156.33. The company has a 50 day moving average of $144.39 and a 200-day moving average of $143.41. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 2.34. The stock has a market capitalization of $24.80 billion, a PE ratio of 6.51, a PEG ratio of 1.05 and a beta of 0.94.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. Susquehanna lifted their price objective on shares of Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a research report on Tuesday, July 7th. Barclays upped their price objective on shares of Aercap from $164.00 to $179.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Morgan Stanley lowered their target price on shares of Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a report on Thursday, April 30th. TD Cowen boosted their price target on shares of Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Finally, Truist Financial increased their price target on shares of Aercap from $161.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $168.67.
View Our Latest Research Report on Aercap
About Aercap
AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.
Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
Further Reading
- Five stocks we like better than Aercap
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Aercap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aercap and related companies with MarketBeat.com's FREE daily email newsletter.
