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NYSE:AL

Air Lease Stock Forecast, Price & News

$47.99
+0.31 (+0.65 %)
(As of 03/5/2021 12:00 AM ET)
Add
Compare
Today's Range
$45.84
Now: $47.99
$48.71
50-Day Range
$39.63
MA: $43.61
$47.68
52-Week Range
$8.41
Now: $47.99
$49.17
Volume667,497 shs
Average Volume821,580 shs
Market Capitalization$5.46 billion
P/E Ratio9.85
Dividend Yield1.36%
Beta2.2
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.
Air Lease logo

Headlines

Air Lease Corporation Results Are Promising
March 3, 2021 |  seekingalpha.com
ROCE Insights For Air Lease
February 23, 2021 |  benzinga.com
Recap: Air Lease Q4 Earnings
February 22, 2021 |  finance.yahoo.com
Earnings Preview for Air Lease
February 19, 2021 |  benzinga.com
3 Transportation Stocks Poised for an Earnings Beat in Q4
February 5, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
CUSIP00912X30
Phone310-553-0555
Employees117
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.02 billion
Cash Flow$13.11 per share
Book Value$49.90 per share

Profitability

Net Income$587.12 million

Miscellaneous

Market Cap$5.46 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.44 out of 5 stars

Transportation Sector

4th out of 240 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

3rd out of 20 stocks

Analyst Opinion: 1.5Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -
$47.99
+0.31 (+0.65 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Air Lease (NYSE:AL) Frequently Asked Questions

Is Air Lease a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Air Lease stock.
View analyst ratings for Air Lease
or view top-rated stocks.

What stocks does MarketBeat like better than Air Lease?

Wall Street analysts have given Air Lease a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Air Lease wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Air Lease's next earnings date?

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Air Lease
.

How were Air Lease's earnings last quarter?

Air Lease Co. (NYSE:AL) issued its earnings results on Sunday, February, 21st. The transportation company reported $0.94 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.77 by $0.17. The transportation company earned $489 million during the quarter, compared to analysts' expectations of $490.07 million. Air Lease had a trailing twelve-month return on equity of 9.83% and a net margin of 27.48%. The firm's quarterly revenue was down 10.9% on a year-over-year basis. During the same period last year, the company earned $1.92 earnings per share.
View Air Lease's earnings history
.

How has Air Lease's stock price been impacted by Coronavirus (COVID-19)?

Air Lease's stock was trading at $30.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AL stock has increased by 55.3% and is now trading at $47.99.
View which stocks have been most impacted by COVID-19
.

How often does Air Lease pay dividends? What is the dividend yield for Air Lease?

Air Lease declared a quarterly dividend on Monday, February 22nd. Shareholders of record on Friday, March 19th will be given a dividend of $0.16 per share on Wednesday, April 7th. This represents a $0.64 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Thursday, March 18th.
View Air Lease's dividend history
.

Is Air Lease a good dividend stock?

Air Lease pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.36%. Air Lease does not yet have a strock track record of dividend growth. The dividend payout ratio of Air Lease is 12.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Air Lease will have a dividend payout ratio of 13.50% next year. This indicates that Air Lease will be able to sustain or increase its dividend.
View Air Lease's dividend history.

What price target have analysts set for AL?

4 analysts have issued 12-month target prices for Air Lease's shares. Their forecasts range from $29.00 to $58.00. On average, they expect Air Lease's stock price to reach $44.25 in the next year. This suggests that the stock has a possible downside of 7.8%.
View analysts' price targets for Air Lease
or view top-rated stocks among Wall Street analysts.

Who are Air Lease's key executives?

Air Lease's management team includes the following people:
  • Mr. Steven F. Udvar-Házy, Exec. Chairman (Age 75, Pay $2.08M)
  • Mr. John L. Plueger, CEO, Pres & Director (Age 67, Pay $3.18M)
  • Mr. Gregory B. Willis II, CPA, CPA, Exec. VP & CFO (Age 42, Pay $1.58M)
  • Mr. Grant A. Levy, Exec. VP of Marketing & Commercial Affairs (Age 58, Pay $1.99M)
  • Mr. Jie Chen, Exec. VP & MD of Asia (Age 57, Pay $2.42M)
  • Ms. Mary Liz DePalma, VP of Investor Relations
  • Ms. Carol H. Forsyte, Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 58)
  • Ms. Courtney McKeown, VP of HR
  • Mr. Alex A. Khatibi, Exec. VP (Age 60)
  • Mr. John D. Poerschke, Exec. VP of Aircraft Procurement & Specification (Age 59)

What is Ugo Ruffalo's approval rating as Air Lease's CEO?

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

Who are some of Air Lease's key competitors?

What other stocks do shareholders of Air Lease own?

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), The Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Bank of America (BAC), Advanced Micro Devices (AMD) and NVIDIA (NVDA).

What is Air Lease's stock symbol?

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

Who are Air Lease's major shareholders?

Air Lease's stock is owned by many different retail and institutional investors. Top institutional investors include Windacre Partnership LLC (9.66%), BlackRock Inc. (5.38%), Dimensional Fund Advisors LP (5.09%), Artisan Partners Limited Partnership (4.42%), Lyrical Asset Management LP (3.04%) and Wells Fargo & Company MN (2.06%). Company insiders that own Air Lease stock include Alex A Khatibi, Carol Hyland Forsyte, Cheryl Gordon Krongard, Grant A Levy, Gregory B Willis, Jie Chen, John L Plueger, Kishore Korde, Marc H Baer, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
View institutional ownership trends for Air Lease
.

Which institutional investors are selling Air Lease stock?

AL stock was sold by a variety of institutional investors in the last quarter, including CI Investments Inc., Artisan Partners Limited Partnership, JPMorgan Chase & Co., Stamina Capital Management LP, Windacre Partnership LLC, BlackRock Inc., Dimensional Fund Advisors LP, and Pekin Hardy Strauss Inc.. Company insiders that have sold Air Lease company stock in the last year include Alex A Khatibi, Jie Chen, and Steven F Udvar-Hazy.
View insider buying and selling activity for Air Lease
or view top insider-selling stocks.

Which institutional investors are buying Air Lease stock?

AL stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Norges Bank, Morgan Stanley, Wells Fargo & Company MN, Peregrine Capital Management LLC, FIL Ltd, Cibc World Markets Corp, and Calamos Wealth Management LLC. Company insiders that have bought Air Lease stock in the last two years include Cheryl Gordon Krongard, Marshall O Larsen, and Susan Mccaw.
View insider buying and selling activity for Air Lease
or or view top insider-buying stocks.

How do I buy shares of Air Lease?

Shares of AL 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.
Compare Top Brokerages Here.

What is Air Lease's stock price today?

One share of AL stock can currently be purchased for approximately $47.99.

How much money does Air Lease make?

Air Lease has a market capitalization of $5.46 billion and generates $2.02 billion in revenue each year. The transportation company earns $587.12 million in net income (profit) each year or $5.09 on an earnings per share basis.

How many employees does Air Lease have?

Air Lease employs 117 workers across the globe.

What is Air Lease's official website?

The official website for Air Lease is www.airleasecorp.com.

Where are Air Lease's headquarters?

Air Lease is headquartered at 2000 AVENUE OF THE STARS SUITE 1000-N, LOS ANGELES CA, 90067.

How can I contact Air Lease?

Air Lease's mailing address is 2000 AVENUE OF THE STARS SUITE 1000-N, LOS ANGELES CA, 90067. The transportation company can be reached via phone at 310-553-0555 or via email at [email protected]


This page was last updated on 3/5/2021 by MarketBeat.com Staff

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