In the last trading session, 1.31 million shares of the FTAI Aviation Ltd (NASDAQ:FTAI) were traded, and its beta was 1.63. Most recently the company’s share price was $95.83, and it changed around -$3.24 or -3.27% from the last close, which brings the market valuation of the company to $9.83B. FTAI currently trades at a discount to its 52-week high of $181.64, offering almost -89.54% off that amount. The share price’s 52-week low was $66.22, which indicates that the current value has risen by an impressive 30.9% since then. We note from FTAI Aviation Ltd’s average daily trading volume that its 10-day average is 2.22 million shares, with the 3-month average coming to 3.15 million.
FTAI Aviation Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.38. 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, 2 recommended FTAI as a Hold, whereas 7 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 showed a red trend with a performance of -3.27% 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 110.80 on recent trading dayincreased the stock’s daily price by 13.51%. The company’s shares are currently down -33.47% year-to-date, but still up 6.49% over the last five days. On the other hand, FTAI Aviation Ltd (NASDAQ:FTAI) is -10.42% down in the 30-day period. We can see from the shorts that 5.36 million shares have been sold at a short interest cover period of 2.93 day(s).
The consensus price target as assigned by Wall Street analysts is $175, which translates to bulls needing to increase their stock price by 45.24% 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 46.04%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 571.19M in revenue for the current quarter. 8 analysts expect FTAI Aviation Ltd to make 601.63M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 326.69M and 443.59M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 74.84%. Forecasts for the next quarter put sales growth at 35.63%.
FTAI Dividends
FTAI Aviation Ltd’s next quarterly earnings report is expected to be released on 2025-Feb-25. The annual dividend yield of the stock is 1.25 percent and its annual dividend per share was 1.20. It is important to note, however, that the 1.25% 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 4.72 per year.
FTAI Aviation Ltd (NASDAQ:FTAI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.45% of FTAI Aviation Ltd shares, and 104.21% of them are in the hands of institutional investors. The stock currently has a share float of 105.74%. FTAI Aviation Ltd stock is held by 586.0 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 8.6639% or 8.75 million shares worth $902.95 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
