Aircastle said that fourth-quarter earnings surged 78% with sales more than doubling. The earnings, however, came in 4 cents shy of the $0.50 per share expected by Wall Street. However, it is noted that the sell off was overdone and that the earnings shortfall was due mainly to the timing of new aircraft acquisitions, higher depreciation costs, and one-time SGA costs. Goldman raised it's rating to Buy from Neutral, citing strong lease rates and terms for the aircraft leasing market.
Despite taking a beating in the past 52 weeks, Investment bank analysts have raised the estimates for AYR, nice dividend and insiders buying, it could be time for the stocks to bounce back in the future. When Aircastle releases information regarding it's next dividend payout,the payout is estimated to increase at least 5%, more likely approaching 13-15%, representing a sizable (upwards of 13.5% from today's stock price) dividend to keep you profitable while the stock recovers. [1]
AYR Fleet is fully leased except for two planes. Earnings top estimates. Fuel costs are low, unless theyve hedged poorly Why does this stock wallow in the single digits like it does?
Even with reduction in dividend, this stock pays approx 10%
Appreciation potential seems to be great and you can take your dividend to the bank while your waiting.