The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for FTAI Aviation Ltd (FTAI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.50, or -1.23%, to $40.01. The FTAI Aviation Ltd has recorded 357,016 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that FTAI Aviation Ltd. Reports Third Quarter 2023 Results, Declares Dividend of $0.30 per Ordinary Share.
The company is listed on the NASDAQ and operates within the Rental & Leasing Services industry segment. At the end of the last regular session, the stock closed at $40.51 and fluctuated between $40.70 as its day high and $39.20 as its day low. The current market capitalization of FTAI Aviation Ltd is $4.06B. A total of 1.28 million shares were traded on the day, compared to an average of 810.40K shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FTAI has seen 4 BUY and 1 SELL insider trades, representing the acquisition of 25,998 and the disposition of 5,142 shares. Over the last 12 months, there were 15 BUYs and 3 SELLs from insiders. Insiders purchased 91,620 shares during that period but sold 10,467.
In the most recent transaction, TUCHMAN MARTIN bought 40,000 shares of FTAI for 25.00 per share on Mar 15. After the transaction, the Director now owns 40,000 company shares. In a previous transaction on Nov 09, Adams Joseph P. Jr. bought 25,000 shares at 18.00 per share. FTAI shares that CEO and Chairman owns now total 187,616.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. FTAI Aviation Ltd pays an annual dividend of $0.96, resulting in a dividend yield of 2.37%, and it has a price to earnings (P/E) ratio of 33.37.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FTAI in the last 3 months, the mean price target is $43.11 with high estimates of $49.00 and low estimates of $40.00. In terms of 52-week highs and lows, FTAI has a high of $41.06 and a low of $16.00.
As of this writing, FTAI has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.35. The company reported an EPS of $0.22 in the last quarter, which was -46.30% lower than expectations of $0.41.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. FTAI’s latest balance sheet shows that the firm has $188.08M in Cash & Short Term Investments as of fiscal 2021. There were $3.29B in debt and $202.67M in liabilities at the time. Its Book Value Per Share was $0.94, while its Total Shareholder’s Equity was $1.12B.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FTAI is Buy with a score of 4.88.