Barron's 2025 Roundtable features stock picks from top financial experts, highlighting 65 select stocks with a focus on high-yield dividend opportunities. Analysts estimate top ten Barron's Pro Picks could net 19.46% to 35.09% gains by January 2026, with Salesforce and Wynn Resorts leading. The "Dividend Dogs" strategy identifies high-yield stocks, with AT&T emerging as the sole "safer" ideal candidate among top picks.
In a year when the stock market soared 29%, primarily driven by the Magnificent Seven -- accounting for approximately 30% of the S&P 500 index -- investors may want to consider portfolio diversification. One proven long-term strategy is investing in dividend-paying stocks, which offer income and stability due to the discipline required by management to pay -- and, ideally, increase -- distributions.
AerCap Holdings N.V. net income declined due to higher cost of debt and a provision for potential credit losses. Demand for airplanes remains strong, supporting high gains on sales for aircraft trading. AerCap stock provides a rock solid investment opportunity with upside to it stock prices for years to come.
AerCap Holdings N.V. (NYSE:AER ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Joseph McGinley - Head of Investor Relations Aengus Kelly - Chief Executive Officer Peter Juhas - Chief Financial Officer Conference Call Participants Hillary Cacanando - Deutsche Bank Stephen Trent - Citi Moshe Orenbuch - TD Cowen Ronald Epstein - Bank of America Christopher Stathoulopoulos - Susquehanna International Group Operator Good day everyone, and welcome to the AerCap's Q3 2024 Financial Results.
AerCap (AER) came out with quarterly earnings of $2.41 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.81 per share a year ago.
AerCap (AER) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BBU, OPFI, and AER made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 1, 2024.
AerCap's consistent performance, share repurchases and strategic dividend growth justify maintaining a buy rating for the stock. AerCap's share count has dropped by 21% due to share repurchases, enhancing shareholder value amid lower capex and higher aircraft value. Despite $45 billion in debt, AerCap prioritizes share repurchases over debt reduction to improve return on equity and future dividend growth.
AerCap, the largest aircraft leasing company, owns over 2000 commercial aircraft and has a diverse portfolio of aircraft and engines. AER's extensive fleet and global reach make it a preferred lessor for all airlines. Despite production issues at Boeing and Airbus, AER remains a prime mover, benefiting from high demand and its strong financial position.
HWM, AER and OLO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 7, 2024.
AerCap Holding is trading at 0.97x Price/Book, and I believe that is too cheap for a leading company riding multiple industry tailwinds. The A+ management team has done a stellar job of growing the business via M&A and strategically acquiring assets without diluting shareholder value. Based on a $95.44 BVPS for 2025 and a 1.10x FWD Price/Book multiple, I arrive at a price target of $105, representing a 17.4% upside.
AerCap stock has not performed as well as expected, but has shown growth over the past four years. AerCap's basic lease revenues are plateauing due to airplane delivery delays, but total revenues and income have increased. AerCap maintains strong liquidity, increases full year outlook, and has further upside potential based on book value and EV/EBITDA valuation methods.