Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) is expected to pay $0.33 on Nov 30, 2016. The indicated annual dividend is $1.32. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Fortress Transportation and Infrastructure Investors LLC’s current price of $13.52, the dividend is 2.44%. This dividend’s record date is Nov 18, 2016 and the announcement date is Nov 2, 2016. The stock increased 1.73% or $0.23 on November 14, hitting $13.52. Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) has risen 31.90% since April 13, 2016 and is uptrending. It has outperformed by 27.98% the S&P500.
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 has a market cap of $1.01 billion.
Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) Ratings Coverage
Out of 5 analysts covering Fortress Transportation and Infrastructure (NYSE:FTAI), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Fortress Transportation and Infrastructure has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Wednesday, July 29 by Wolfe Research. The rating was maintained by Citigroup on Friday, August 12 with “Buy”. Barclays Capital maintained the stock with “Overweight” rating in Monday, October 5 report. The company was initiated on Wednesday, October 7 by Alembic.
Another recent and important Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) news was published by Finance.Yahoo.com which published an article titled: “Fortress Transprtn and Infr Investrs (FTAI) Shares March Higher, Can It Continue?” on November 08, 2016.
FTAI Company Profile
Fortress Transportation and Infrastructure Investors LLC, incorporated on February 13, 2014, owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Firm invests across market sectors, such as aviation, energy, intermodal transport and rail. The Company’s activities consist of primary strategic business units, including Infrastructure and Equipment Leasing. The Firm conducts business through divisions, including Aviation Leasing, Offshore Energy and Shipping Containers, all of which are within Equipment Leasing Business, and Jefferson Terminal and Railroad, which together comprise its Infrastructure Business. The Company’s Equipment Leasing Business acquires assets that are designed to carry cargo or people or provide functionality to transportation infrastructure. The Company’s Infrastructure Business acquires long-life assets or operating businesses that provide services or functions to transportation networks and typically have barriers to entry, strong margins, stable cash flows and upside from earnings growth and asset appreciation driven by increased use and inflation. The Company’s clients consist of global operators of transportation and infrastructure networks, including airlines, offshore energy service providers and shipping lines.
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