In the last trading session, 2.28 million shares of the FTAI Aviation Ltd (NASDAQ:FTAI) were traded, and its beta was 2.10. Most recently the company’s share price was $112.84, and it changed around -$5.97 or -5.02% from the last close, which brings the market valuation of the company to $11.57B. FTAI currently trades at a discount to its 52-week high of $181.64, offering almost -60.97% off that amount. The share price’s 52-week low was $52.02, which indicates that the current value has risen by an impressive 53.9% since then. We note from FTAI Aviation Ltd’s average daily trading volume that its 10-day average is 2.88 million shares, with the 3-month average coming to 2.68 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 0.86 for the current quarter.
FTAI Aviation Ltd (NASDAQ:FTAI) trade information
Instantly FTAI has showed a red trend with a performance of -5.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 122.55 on recent trading dayincreased the stock’s daily price by 7.92%. The company’s shares are currently down -21.66% year-to-date, but still up 12.25% over the last five days. On the other hand, FTAI Aviation Ltd (NASDAQ:FTAI) is -29.44% down in the 30-day period. We can see from the shorts that 5.44 million shares have been sold at a short interest cover period of 1.98 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 27.67% 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
The year-over-year growth rate is expected to be 48.64%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 517.02M in revenue for the current quarter. 5 analysts expect FTAI Aviation Ltd to make 491.25M 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 65.32%. Forecasts for the next quarter put sales growth at 50.37%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 97.48%. FTAI Aviation Ltd earnings are expected to increase by -112.85% in 2025, but the outlook is positive 46.96% per year for the next five years.
FTAI Dividends
FTAI Aviation Ltd’s next quarterly earnings report is expected to be released in March. The annual dividend yield of the stock is 1.06 percent and its annual dividend per share was 1.20. It is important to note, however, that the 1.06% 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 5.08 per year.
FTAI Aviation Ltd (NASDAQ:FTAI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.57% of FTAI Aviation Ltd shares, and 109.55% of them are in the hands of institutional investors. The stock currently has a share float of 111.30%. FTAI Aviation Ltd stock is held by 538.0 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 $365.73 million, making up 3.16% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.87 shares worth around $323.82 million, which represents about 2.80% of the total shares outstanding.
