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

AerCap Holdings (NYSE:AER) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Wednesday, November 13th will be given a dividend of 0.25 per share by the financial services provider on Thursday, December 5th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Wednesday, November 13th.

AerCap has a dividend payout ratio of 8.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect AerCap to earn $11.47 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 8.7%.

AerCap Stock Up 0.1 %

AerCap stock opened at $94.00 on Thursday. AerCap has a fifty-two week low of $60.52 and a fifty-two week high of $99.30. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29. The firm’s 50-day simple moving average is $94.85 and its 200 day simple moving average is $92.48. The stock has a market cap of $18.61 billion, a PE ratio of 6.11, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.41. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.81 EPS. Research analysts predict that AerCap will post 11.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Barclays boosted their target price on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. TD Cowen reaffirmed a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Finally, Susquehanna boosted their price objective on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.43.

About AerCap

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.