AER Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The head of the world's largest aircraft lessor AerCap dismissed calls for leadership changes at Boeing and said the planemaker is under no illusion about what needs to be done in the wake of a door plug blowout on a Boeing 737 MAX 9.

World's largest aircraft lessor AerCap Holdings was hit by a cybersecurity incident related to ransomware on Jan. 17, the company said in a filing on Monday.

AerCap has delivered strong returns compared to airlines in 2023, validating the recommendation to own AerCap instead of airlines. AerCap is buying back ~20% of shares outstanding in 2023 and more to come in 2024. AerCap's current book value is understated, with potential recoveries from Russia and asset sales at a premium to book value.

AerCap's stock has typically traded within a range of 0.7-1.2x book value, but the growing divergence between asset fair value and book value presents an opportunity. Factors contributing to the potential excess of book value include the value of confiscated Russian aircraft, purchase accounting post-GECAS takeover, historical record gains on sale, and recent above-trendline inflation. Conservative adjustments for these factors suggest an AER asset fair value of $123 per share, surpassing its book value by $40.

Aengus Kelly, AerCap CEO, with CNBC's Phil LeBeau join 'The Exchange' to discuss demand for international travel, the push for sustainable aviation fuel, and more.

AerCap (AER) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here is how AerCap (AER) and American Equity Investment (AEL) have performed compared to their sector so far this year.

AerCap Holdings raised guidance and share repurchase estimates for 2023, appearing confident in its long-term prospects. AerCap's core business continues to perform well and its scale and relationships enable it to make unique and compelling investments. The company has been actively buying back shares at a discount, with the potential for significant capital returns in the coming years.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.