American Airlines Group, Inc. (NASDAQ:AAL) Declares $0.10 Quarterly Dividend

Marco Green
November 14, 2017

Several research firms recently commented on AAL. (NASDAQ:AAL) announced a quarterly dividend on Wednesday, October 25th, Zacks reports. The firm is expected to report its next earnings results on Friday, January 26th. (NASDAQ:AAL) hasconsensus analyst target price is $56.89. For the next financial year, analysts expect that the company will post sales of $43.97 billion per share, with estimates ranging from $43.37 billion to $44.57 billion. Brandywine Global Investment Management LLC grew its position in American Airlines Group by 1.8% during the 2nd quarter.

Lsv Asset Management reports that it increased its investment in American Airlines Gp stock by 291,786 shares as reported in a filing on 11/14/2017. After $0.55 actual earnings per share reported by Korn Ferry International for the previous quarter, Wall Street now forecasts 16.36% EPS growth. American Airlines Group had 65 analyst reports since July 28, 2015 according to SRatingsIntel. Finally, Cowen and Company reissued an "outperform" rating and set a $55.00 target price on shares of American Airlines Group in a research note on Tuesday, September 26th. Imperial Capital has "In-Line" rating and $49 target. BidaskClub downgraded American Airlines Group from a "sell" rating to a "strong sell" rating in a research note on Friday. Morgan Stanley maintained American Airlines Group Inc (NASDAQ:AAL) on Monday, September 18 with "Equal-Weight" rating. Finally, Buckingham Research reiterated a "buy" rating on shares of American Airlines Group in a report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. The stock's last price was higher from the average trading price of 50 days recorded at $14.82 while enlarging the period to 200 trading days, the average price was $13.02. More interesting news about American Airlines Group Inc (NASDAQ:AAL) were released by: Bizjournals.com and their article: "NAACP, activist call for action, not words, from American Airlines" published on November 01, 2017 as well as Reuters.com's news article titled: "Rebuffed by American Airlines, Qatar Airways buys into Cathay Pacific" with publication date: November 06, 2017. The shares were sold at an average price of $46.76, for a total transaction of $162,537.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Among 23 analysts covering American Airlines Group (NASDAQ:AAL), 11 have Buy rating, 4 Sell and 8 Hold. Cyrus Capital Partners L.P. purchased a new stake in American Airlines Group during the second quarter valued at approximately $75,480,000. Valley National Advisers Incorporated has invested 0.02% in American Airlines Group Inc (NASDAQ:AAL). The firm owned 182,816 shares of the airline's stock after selling 218,568 shares during the period. AJO LP lifted its position in American Airlines Group by 193.2% during the second quarter. Vanguard Group Inc Inc has invested 0.08% in American Airlines Group Inc (NASDAQ:AAL). American Airlines Group has $9500 highest and $28 lowest target. The company has a debt-to-equity ratio of 5.63, a current ratio of 0.65 and a quick ratio of 0.57. The firm has a market cap of $21,924.83, a PE ratio of 9.41 and a beta of 0.97. "(AAL) Ex-Dividend Date Scheduled for November 10 ..." on November 09, 2017. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. American Airlines Group's dividend payout ratio (DPR) is 10.18%. Together with its regional airline subsidiaries and third-party regional carriers operating as American Eagle, its airline operated an average of almost 6,700 flights per day to almost 350 destinations in more than 50 countries, principally from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, District of Columbia, as of December 31, 2016. If you are accessing this article on another website, it was illegally copied and reposted in violation of US and worldwide trademark & copyright legislation. Bernstein upgraded American Airlines Group Inc (NASDAQ:AAL) on Monday, February 6 to "Mkt Perform" rating.

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