Aercap (NYSE:AER) Reaches New 52-Week High – Should You Buy?

Aercap Holdings N.V. (NYSE:AER)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $138.63 and last traded at $138.0910, with a volume of 1186079 shares changing hands. The stock had previously closed at $135.69.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on AER shares. Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Bank of America upped their price target on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Morgan Stanley raised their price objective on shares of Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Barclays lifted their price objective on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Finally, Cowen restated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $144.17.

Aercap Stock Down 0.0%

The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43. The firm has a market cap of $26.13 billion, a P/E ratio of 9.46, a price-to-earnings-growth ratio of 0.73 and a beta of 1.13. The stock’s fifty day moving average is $128.56 and its two-hundred day moving average is $120.47.

Aercap (NYSE:AER) last released its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the business earned $2.41 EPS. The business’s revenue for the quarter was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, research analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is 5.12%.

Institutional Investors Weigh In On Aercap

Large investors have recently added to or reduced their stakes in the company. Savant Capital LLC lifted its position in shares of Aercap by 2.4% during the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock valued at $413,000 after buying an additional 80 shares during the last quarter. Kathmere Capital Management LLC raised its position in shares of Aercap by 3.9% in the 3rd quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock valued at $272,000 after purchasing an additional 85 shares during the last quarter. Fiduciary Alliance LLC raised its holdings in shares of Aercap by 0.4% in the second quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock worth $2,727,000 after buying an additional 93 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares during the period. Finally, Huntington National Bank boosted its position in Aercap by 11.7% in the third quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock valued at $108,000 after buying an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

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.