FTAI Aviation Ltd. (FTAI)
Market Cap | 13.69B |
Revenue (ttm) | 1.55B |
Net Income (ttm) | -8.75M |
Shares Out | 102.55M |
EPS (ttm) | -0.09 |
PE Ratio | n/a |
Forward PE | 30.86 |
Dividend | $1.20 (0.90%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 2,194,251 |
Open | 129.37 |
Previous Close | 131.14 |
Day's Range | 128.66 - 135.12 |
52-Week Range | 44.65 - 177.18 |
Beta | 2.10 |
Analysts | Strong Buy |
Price Target | 161.82 (+21.22%) |
Earnings Date | Oct 30, 2024 |
About FTAI
FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers. As of December 31, 2023, this segment owned and managed 363 aviation assets consisting of 96 commercial aircraft and 267 engines, including eight aircraft and seventeen engines that were located in Rus... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for FTAI stock is "Strong Buy." The 12-month stock price forecast is $161.82, which is an increase of 21.22% from the latest price.
News
FTAI Aviation: Continued Runway To Redeploy Capital To An Advantage
FTAI Aviation has caught another strong bid in 2024. It earns tremendously high returns on the net tangible assets required to operate and grow the company. The distribution of outcomes in my valuatio...
FTAI Aviation Announces Sale of Offshore Energy Vessels, Continuing Focus on Providing Power for the Aftermarket
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) announces the sale of its remaining offshore energy vessels, the Pioneer and the Pride, for approximately $143 million. FT...
FTAI Aviation Ltd. (FTAI) Q3 2024 Earnings Call Transcript
FTAI Aviation Ltd. (NASDAQ:FTAI) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Alan Andreini - IR Joseph Adams - CEO Angela Nam - CFO David Moreno - COO Conference...
FTAI Aviation Ltd. Reports Third Quarter 2024 Results, Declares Dividend of $0.30 per Ordinary Share
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the third quarter 2024. The Company's consolidated comparat...
FTAI Aviation Ltd. Announces Timing of Third Quarter 2024 Earnings and Conference Call
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) plans to announce its financial results for the third quarter 2024 after the closing of Nasdaq on...
Vanguard Group Inc's Strategic Acquisition of FTAI Aviation Ltd Shares
On September 30, 2024, Vanguard Group Inc made a significant addition to its investment portfolio by acquiring 10,363,209 shares of FTAI Aviation Ltd (FTAI, Financial). This transaction, executed at a...
FTAI Aviation Announces Full Redemption of Outstanding 8.25% Fixed to Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares
NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; “FTAI Aviation” or the “Company”) announced today that it will redeem all of the Company's outstanding 4,180,000 8.25% Fi...
FTAI Aviation: An Expensive Buy On Airbus And Boeing Airplane Shortages
FTAI Aviation benefits from Boeing and Airbus delivery delays, driving demand for aftermarket services, especially in engine leasing and maintenance. Despite higher input costs and inflationary pressu...
FTAI Aviation Preferred: 12% Floating Rate Soon
FTAI Aviation's 8.25% Fix/Float Series A Cumulative Preferred Shares offer strong dividend coverage, with a potential yield over 12% and a 13.37x coverage factor. FTAI's asset base includes 53.4% airc...
FTAI Aviation Closes the Acquisition of LMCES
NEW YORK and MONTRÉAL, Sept. 09, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) announces the successful completion of its acquisition of Lockheed Martin Commercial Engine Solutions (“LMCE...
FTAI Aviation Ltd. to Participate in the Jefferies Industrials Conference
NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the “Company”) today announced that Joe Adams, Chief Executive Officer, will present at the Jefferies Industrials Conferen...
Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...
FTAI Aviation: Extensive Reinvestment Runway To Deploy Funds At Statistical Advantage
FTAI Aviation is a key player in aviation equipment leasing and aftermarket components, aiming for $1.25 billion EBITDA by 2026. Strong demand for aviation assets and operational efficiencies continue...
FTAI Aviation Ltd. (FTAI) Q2 2024 Earnings Call Transcript
FTAI Aviation Ltd. (NASDAQ:FTAI) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants Alan Andreini - IR Joseph Adams - CEO Angela Nam - CFO David Moreno - COO Conference Ca...
FTAI Aviation Ltd. Reports Second Quarter 2024 Results, Declares Dividend of $0.30 per Ordinary Share
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the second quarter 2024. The Company's consolidated compara...
FTAI Aviation Ltd. Announces Timing of Second Quarter 2024 Earnings and Conference Call
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) plans to announce its financial results for the second quarter 2024 after the closing of Nasdaq o...
FTAI Aviation Announces Early Tender Results for its 9.750% Senior Notes Due 2027
NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) announced today the early tender results of the previously an...
IAE AG and FTAI Aviation Sign Strategic V2500® Engine Maintenance Services Agreement
The V2500® engine powers commercial, cargo and military aircraft, and has a long track record of providing reliable and efficient performance (Source: Pratt & Whitney) NEW YORK, June 06, 2024 (GLOBE N...
FTAI Aviation Announces Increase to Previously Announced Cash Tender Offer for its 9.750% Senior Notes Due 2027
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) previously announced the commencement of a tender offer (the ...
FTAI Aviation Commences Cash Tender Offer for its 9.750% Senior Notes Due 2027
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) is announcing today that Fortress Transportation and Infrastr...
FTAI Aviation Agrees to Purchase Lockheed Martin Commercial Engines Solutions
NEW YORK and MONTRÉAL, May 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) announces entry into an agreement to purchase Lockheed Martin Commercial Engine Solutions (“LMCES”) from Lockh...
FTAI Aviation Announces Pricing of Secondary Offering of Ordinary Shares
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; “FTAI Aviation” or the “Company”) announced today the pricing of an underwritten public offering of 2,090,561 ordinary shar...
FTAI Aviation Announces Secondary Offering of Ordinary Shares
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; “FTAI Aviation” or the “Company”) announced today the commencement of a public offering of 2,090,561 ordinary shares being ...
FTAI Aviation Announces Internalization, Terminates Management and Advisory Agreement
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (“FTAI” or the “Company") announced today it has entered into definitive agreements providing for the internalization of th...
FTAI Aviation: Still A Buy After Stock Price Doubles
FTAI Aviation stock has gained more than 173% in the past year, prompting a reevaluation of its price target. Q1 2024 saw robust growth in revenues, driven by higher aerospace products revenues and in...