News coverage about Fortress Transportation and Infrastructure Investors (NYSE:FTAI) has been trending somewhat positive on Friday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fortress Transportation and Infrastructure Investors earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.5635519502812 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) traded up 0.58% on Friday, reaching $17.25. 57,282 shares of the company’s stock traded hands. The firm’s market cap is $1.31 billion. Fortress Transportation and Infrastructure Investors has a 12 month low of $11.35 and a 12 month high of $18.41. The firm’s 50-day moving average is $16.81 and its 200 day moving average is $15.75.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by $0.04. The company had revenue of $51.20 million for the quarter, compared to analysts’ expectations of $52.36 million. Fortress Transportation and Infrastructure Investors had a negative net margin of 4.98% and a positive return on equity of 0.27%. The business’s revenue for the quarter was up 54.2% compared to the same quarter last year. During the same period last year, the company posted ($0.07) EPS. Equities analysts predict that Fortress Transportation and Infrastructure Investors will post $0.18 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 28th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date is Wednesday, August 16th. Fortress Transportation and Infrastructure Investors’s dividend payout ratio (DPR) is presently -1,100.00%.
Several research analysts have issued reports on the stock. BidaskClub upgraded shares of Fortress Transportation and Infrastructure Investors from a “hold” rating to a “buy” rating in a report on Thursday, August 3rd. TheStreet upgraded shares of Fortress Transportation and Infrastructure Investors from a “c” rating to a “b-” rating in a report on Monday, July 31st. Zacks Investment Research lowered shares of Fortress Transportation and Infrastructure Investors from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Finally, JMP Securities raised their price target on shares of Fortress Transportation and Infrastructure Investors from $18.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, May 8th. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. Fortress Transportation and Infrastructure Investors has an average rating of “Buy” and an average target price of $17.83.
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About Fortress Transportation and Infrastructure Investors
Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Company operates through five segments Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.
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