AerCap Holdings Declares Quarterly Dividend of $0.25 (NYSE:AER)

AerCap Holdings (NYSE:AER) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Stockholders of record on Wednesday, May 22nd will be given a dividend of 0.25 per share by the financial services provider on Thursday, June 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Tuesday, May 21st.

AerCap has a payout ratio of 9.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect AerCap to earn $10.68 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 9.4%.

AerCap Stock Up 1.5 %

Shares of AER stock traded up $1.35 during trading hours on Thursday, reaching $91.47. 1,663,009 shares of the company’s stock were exchanged, compared to its average volume of 1,591,581. AerCap has a fifty-two week low of $54.56 and a fifty-two week high of $91.48. The company has a market cap of $18.10 billion, a price-to-earnings ratio of 5.92, a P/E/G ratio of 2.99 and a beta of 1.84. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 2.70. The stock’s 50 day moving average is $84.67 and its 200-day moving average is $76.28.

AerCap (NYSE:AER) last released its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.34 EPS. Analysts predict that AerCap will post 9.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AER has been the topic of several research analyst reports. BMO Capital Markets cut their price target on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. TD Cowen upped their price objective on AerCap from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday. Barclays raised their price objective on AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Susquehanna lifted their price target on AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a report on Thursday, May 2nd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $94.38.

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.