Air Lease - AL Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AL shares.
View AL analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1 year target prices for Air Lease's shares. Their AL share price forecasts range from $52.00 to $59.00. On average, they predict the company's share price to reach $55.33 in the next year. This suggests a possible upside of 51.6% from the stock's current price.
View analysts price targets for AL or view top-rated stocks among Wall Street analysts.

Air Lease's stock was trading at $38.42 at the start of the year. Since then, AL shares have decreased by 5.0% and is now trading at $36.51.
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Air Lease saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 1,600,000 shares, a decline of 30.4% from the January 31st total of 2,300,000 shares. Based on an average daily volume of 441,800 shares, the short-interest ratio is presently 3.6 days. Approximately 1.6% of the company's shares are sold short.
View Air Lease's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our AL earnings forecast.

Air Lease Co. (NYSE:AL) issued its earnings results on Thursday, November, 4th. The transportation company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.18. The transportation company had revenue of $524.50 million for the quarter, compared to the consensus estimate of $484.58 million. Air Lease had a positive trailing twelve-month return on equity of 8.10% and a negative net margin of 4.64%. The business's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.02 EPS.

Air Lease announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Thursday, March 16th will be paid a dividend of $0.20 per share on Wednesday, April 12th. This represents a $0.80 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Wednesday, March 15th.
Read our dividend analysis for AL.

ETFs with the largest weight of Air Lease (NYSE:AL) stock in their portfolio include Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Avantis U.S. Small Cap Value ETF (AVUV), First Trust Mid Cap Value AlphaDEX Fund (FNK), Sterling Capital Diverse Multi-Manager Active ETF (DEIF), Vanguard U.S. Value Factor (VFVA), Capital Group Core Equity ETF (CGUS) and John Hancock Multifactor Small Cap ETF (JHSC).

Air Lease (NYSE:AL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.10%.
Read our dividend analysis for AL.

15 employees have rated Air Lease Chief Executive Officer Ugo Ruffalo on Glassdoor.com. Ugo Ruffalo has an approval rating of 98% among the company's employees. This puts Ugo Ruffalo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Lease investors own include Alibaba Group (BABA), CVS Health (CVS), Delta Air Lines (DAL), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Bank of America (BAC), Advanced Micro Devices (AMD) and NVIDIA (NVDA).

Air Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "AL."

Air Lease's stock is owned by a variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.00%), JPMorgan Chase & Co. (3.96%), T. Rowe Price Investment Management Inc. (2.89%), Artisan Partners Limited Partnership (2.49%), Allspring Global Investments Holdings LLC (2.15%) and Thrivent Financial for Lutherans (1.71%). Insiders that own company stock include Alex A Khatibi, Grant A Levy, Jie Chen, Marshall O Larsen and Steven F Udvar-Hazy.
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Shares of AL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AL stock can currently be purchased for approximately $36.51.

Air Lease (NYSE:AL) has a market capitalization of $4.05 billion and generates $2.32 billion in revenue each year. The transportation company earns $-97,020,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis.

The company employs 129 workers across the globe.

Air Lease's mailing address is 2000 AVENUE OF THE STARS SUITE 1000-N, LOS ANGELES CA, 90067. The official website for the company is www.airleasecorp.com. The transportation company can be reached via phone at (310) 553-0555, via email at investors@airleasecorp.com, or via fax at 310-553-0999.