In today’s recent session, 1.53 million shares of the FTAI Aviation Ltd (NASDAQ:FTAI) have been traded, and its beta is 2.03. Most recently the company’s share price was $83.54, and it changed around -$0.25 or -0.30% from the last close, which brings the market valuation of the company to $8.57B. FTAI at last check was trading at a discount to its 52-week high of $181.64, offering almost -117.43% off that amount. The share price’s 52-week low was $49.81, which indicates that the recent value has risen by an impressive 40.38% since then. We note from FTAI Aviation Ltd’s average daily trading volume that its 10-day average is 6.57 million shares, with the 3-month average coming to 2.18 million.
FTAI Aviation Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.23. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 1 recommended FTAI as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. FTAI Aviation Ltd is expected to report earnings per share of 0.88 for the current quarter.
FTAI Aviation Ltd (NASDAQ:FTAI) trade information
Instantly FTAI has been showing red trend so far today with a performance of -0.30% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 159.48 on recent trading dayincreased the stock’s daily price by 47.62%. The company’s shares are currently down -42.00% year-to-date, but still down -45.50% over the last five days. On the other hand, FTAI Aviation Ltd (NASDAQ:FTAI) is -34.04% down in the 30-day period. We can see from the shorts that 3.83 million shares have been sold at a short interest cover period of 2.45 day(s).
The consensus price target as assigned by Wall Street analysts is $156, which translates to bulls needing to increase their stock price by 46.45% from its current value. Analyst projections state that FTAI is forecast to be at a low of $100 and a high of $190.
FTAI Aviation Ltd (FTAI) estimates and forecasts
FTAI Aviation Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -20.61 percent over the past six months and at a -114.69% annual growth rate that is well below the industry average of 14.30%. The year-over-year growth rate is expected to be 49.84%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 518.5M in revenue for the current quarter. 4 analysts expect FTAI Aviation Ltd to make 484.06M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 312.74M and 326.69M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 65.79%. Forecasts for the next quarter put sales growth at 48.17%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 97.48%.
FTAI Dividends
FTAI Aviation Ltd’s next quarterly earnings report is expected to be released in February. The annual dividend yield of the stock is 1.44 percent and its annual dividend per share was 1.20. It is important to note, however, that the 1.44% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.18 per year.
FTAI Aviation Ltd (NASDAQ:FTAI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.44% of FTAI Aviation Ltd shares, and 108.16% of them are in the hands of institutional investors. The stock currently has a share float of 109.74%. FTAI Aviation Ltd stock is held by 520.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.7565% of the shares, which is about 9.78 million shares worth $1.01 billion.
FMR LLC, with 8.7255% or 8.75 million shares worth $902.95 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024. The former held 3.24 shares worth $269.09 million, making up 3.16% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.61 shares worth around $216.93 million, which represents about 2.55% of the total shares outstanding.
