Aercap Holdings N.V. (NYSE:AER – Get Free Report) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Wednesday, August 12th will be paid a dividend of 0.40 per share by the financial services provider on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, August 12th.
Aercap has a payout ratio of 12.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Aercap to earn $18.43 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 8.7%.
Aercap Stock Up 0.1%
Shares of NYSE AER opened at $151.84 on Monday. Aercap has a 12 month low of $109.21 and a 12 month high of $158.80. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 2.32. The firm has a market capitalization of $25.34 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 0.60 and a beta of 0.93. The business has a 50-day moving average of $146.53 and a 200-day moving average of $143.93.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Aercap from $164.00 to $179.00 and gave the stock an “overweight” rating in a report on Tuesday, July 7th. TD Cowen raised their price target on Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Weiss Ratings lowered Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. upped their price objective on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Susquehanna raised their price objective on Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Aercap presently has an average rating of “Buy” and an average target price of $172.56.
Check Out Our Latest Report on AER
Aercap Company Profile
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.
Recommended Stories
- Five stocks we like better than Aercap
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
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.
