Air Lease Corp. Company Profile (NYSE:AL)

About Air Lease Corp.

Air Lease Corp. logoAir Lease Corporation is an aircraft leasing company. The Company is principally engaged in purchasing new commercial jet transport aircraft directly from aircraft manufacturers, such as The Boeing Company (Boeing) and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines across the world. Along with its leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines. The Company also provides fleet management services to investors and owners of aircraft portfolios for a management fee. The Company provides aircraft to airline customers in various markets, such as Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa and North America. The Company owns approximately 240 aircraft, including over 180 single-aisle narrowbody jet aircraft, approximately 40 twin-aisle widebody jet aircraft and over 20 turboprop aircraft.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Rental & Leasing Services
  • Sub-Industry: Trading Companies & Distributors
  • Exchange: NYSE
  • Symbol: AL
  • CUSIP: 00912X30
Key Metrics:
  • Previous Close: $27.90
  • 50 Day Moving Average: $28.43
  • 200 Day Moving Average: $29.40
  • 52-Week Range: $102,842,000.00 - $22.47
  • Trailing P/E Ratio: 8.84
  • Foreward P/E Ratio: 7.71
  • P/E Growth: 0.55
  • Market Cap: $2.86B
  • Outstanding Shares: 102,842,000
  • Beta: 1.63
Profitability:
  • Net Margins: 25.70%
  • Return on Equity: 14.72%
  • Return on Assets: 3.58%
Debt:
  • Debt-to-Equity Ratio: 2.63%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.87%
Additional Links:
Companies Related to Air Lease Corp.:

Analyst Ratings

Consensus Ratings for Air Lease Corp. (NYSE:AL) (?)
Ratings Breakdown: 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.13)
Consensus Price Target: $46.07 (65.49% upside)

Analysts' Ratings History for Air Lease Corp. (NYSE:AL)
Show:
DateFirmActionRatingPrice TargetDetails
9/19/2016FBR & CoReiterated RatingBuy$35.00View Rating Details
5/22/2016Morgan StanleyReiterated RatingBuyView Rating Details
5/20/2016Credit Suisse Group AGReiterated RatingBuyView Rating Details
5/6/2016Royal Bank Of CanadaBoost Price TargetTop Pick$71.00 -> $73.00View Rating Details
3/14/2016Citigroup Inc.Boost Price TargetBuy$33.00 -> $50.50View Rating Details
2/29/2016Cowen and CompanyLower Price TargetOutperform$40.00 -> $36.00View Rating Details
2/19/2016DA DavidsonLower Price TargetBuy$42.00View Rating Details
11/13/2015JPMorgan Chase & Co.UpgradeNeutral -> Overweight$40.50 -> $41.00View Rating Details
8/7/2015Deutsche Bank AGReiterated RatingBuy$44.00View Rating Details
5/19/2015Barclays PLCReiterated RatingOverweight$45.00View Rating Details
4/30/2015MLV & Co.DowngradeBuy -> Hold$24.50View Rating Details
4/17/2015Bank of America Corp.Initiated CoverageBuyView Rating Details
4/1/2015MacquarieInitiated CoverageOutperformView Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for Air Lease Corp. (NYSE:AL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/4/2016Q2$0.82$0.84$349.19 million$350.10 millionViewListenView Earnings Details
5/5/2016Q1$0.77$1.38$334.02 million$343.30 millionViewListenView Earnings Details
2/25/2016Q415$0.71$1.21$320.34 million$326.70 millionViewListenView Earnings Details
11/5/2015Q315$0.71$0.71$309.46 million$313.00 millionViewListenView Earnings Details
8/6/2015Q215$0.68$0.70$303.52 million$304.70 millionViewListenView Earnings Details
5/7/2015Q115$0.60$0.61$274.98 million$278.31 millionViewListenView Earnings Details
2/26/2015Q414$0.61$0.65$274.07 million$285.90 millionViewListenView Earnings Details
11/6/2014Q314$0.56$0.58$261.50 million$262.00 millionViewListenView Earnings Details
8/7/2014Q214$0.52$0.58$246.16 million$256.30 millionViewListenView Earnings Details
5/8/2014Q114$0.50$0.57$238.42 million$246.28 millionViewListenView Earnings Details
2/27/2014Q413$0.48$0.55$226.39 million$242.90 millionViewListenView Earnings Details
11/7/2013Q313$0.43$0.46$216.12 million$215.90 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.41$0.41$207.00 million$207.90 millionViewListenView Earnings Details
5/9/2013Q1 2013$0.41$0.38$195.98 million$192.00 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.38$0.38$182.08 million$190.10 millionViewListenView Earnings Details
11/8/2012Q312$0.33$0.36$172.27 million$174.90 millionViewN/AView Earnings Details
8/9/2012$0.27$0.28ViewN/AView Earnings Details
5/14/2012$0.28$0.26ViewN/AView Earnings Details
3/9/2012$0.22$0.25ViewN/AView Earnings Details
11/10/2011$0.16$0.18ViewN/AView Earnings Details
8/11/2011$0.06$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Air Lease Corp. (NYSE:AL)
Current Year EPS Consensus Estimate: $3.36 EPS
Next Year EPS Consensus Estimate: $3.61 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.78$0.79$0.79
Q2 20161$0.82$0.82$0.82
Q3 20162$0.85$0.86$0.86
Q4 20162$0.84$0.89$0.87
Q1 20172$0.88$0.94$0.91
Q2 20172$0.90$0.95$0.93
Q3 20172$0.97$0.99$0.98
Q4 20172$1.02$1.04$1.03
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Air Lease Corp. (NYSE:AL)
Annual Dividend:$0.20
Dividend Yield:0.72%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:6.37% (Based on Trailing 12 Months of Earnings)
5.95% (Based on Current Year Consensus EPS Estimate)
5.54% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Air Lease Corp. (NYSE:AL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.050.7%9/8/20169/12/201610/6/2016
5/6/2016quarterly$0.050.62%6/9/20166/13/20167/7/2016
2/25/2016quarterly$0.050.68%3/17/20163/21/20164/5/2016
11/6/2015quarterly$0.050.57%12/10/201512/14/20151/6/2016
8/7/2015quarterly$0.040.44%9/8/20159/10/201510/6/2015
5/7/2015quarterly$0.040.41%6/11/20156/15/20157/6/2015
2/26/2015quarterly$0.040.42%3/18/20153/20/20154/7/2015
11/6/2014quarterly$0.040.43%12/10/201412/12/20141/5/2015
8/8/2014quarterly$0.030.32%9/11/20149/15/201410/6/2014
5/9/2014quarterly$0.030.31%6/12/20146/16/20147/7/2014
3/3/2014quarterly$0.030.33%3/18/20143/20/20144/7/2014
11/11/2013quarterly$0.030.38%12/13/201312/17/20131/7/2014
8/8/2013quarterly$0.030.37%9/13/20139/17/201310/7/2013
5/10/2013quarterly$0.030.33%6/13/20136/17/20137/8/2013
3/1/2013special$0.033/19/20133/21/20133/26/2013
2/28/2013quarterly$0.033/21/20133/26/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Air Lease Corp. (NYSE:AL)
Insider Ownership Percentage: 9.45%
Institutional Ownership Percentage: 91.53%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2016Marc H BaerEVPSell1,500$32.62$48,930.00View SEC Filing  
12/1/2015Marc H BaerEVPSell1,500$33.56$50,340.00View SEC Filing  
11/2/2015Marc H BaerEVPSell1,500$33.65$50,475.00View SEC Filing  
10/1/2015Marc H BaerEVPSell1,500$30.91$46,365.00View SEC Filing  
9/1/2015Marc H BaerEVPSell1,500$31.50$47,250.00View SEC Filing  
8/24/2015Steven F Udvar-HazyCEOBuy3,000$30.23$90,690.00View SEC Filing  
7/1/2015Marc H BaerEVPSell1,500$34.04$51,060.00View SEC Filing  
6/15/2015Marc H BaerEVPSell1,500$35.49$53,235.00View SEC Filing  
5/1/2015Marc H BaerEVPSell2,000$38.73$77,460.00View SEC Filing  
4/1/2015Marc H BaerEVPSell2,000$37.65$75,300.00View SEC Filing  
3/2/2015Marc H BaerEVPSell2,000$38.07$76,140.00View SEC Filing  
2/27/2015Jie ChenDirectorSell4,024$40.18$161,684.32View SEC Filing  
2/2/2015Marc H BaerEVPSell2,000$34.97$69,940.00View SEC Filing  
1/27/2015Grant A LevyEVPSell1,500$35.27$52,905.00View SEC Filing  
1/2/2015Marc H BaerEVPSell2,000$34.53$69,060.00View SEC Filing  
12/1/2014Marc H BaerEVPSell2,000$37.83$75,660.00View SEC Filing  
11/3/2014Marc H BaerEVPSell2,000$36.71$73,420.00View SEC Filing  
10/24/2014Grant A LevyEVPSell1,500$35.00$52,500.00View SEC Filing  
10/1/2014Marc H BaerEVPSell2,000$32.03$64,060.00View SEC Filing  
9/2/2014Marc H BaerEVPSell2,000$38.32$76,640.00View SEC Filing  
9/2/2014Steven F Udvar-HazyCEOSell10,000$38.09$380,900.00View SEC Filing  
8/8/2014Steven F Udvar-HazyCEOSell10,000$37.00$370,000.00View SEC Filing  
8/4/2014Alex A KhatibiEVPSell1,250$35.68$44,600.00View SEC Filing  
8/1/2014Alex A KhatibiEVPSell1,250$34.28$42,850.00View SEC Filing  
7/14/2014Alex A KhatibiEVPSell2,500$36.94$92,350.00View SEC Filing  
7/1/2014Grant A LevyEVPSell3,000$38.55$115,650.00View SEC Filing  
7/1/2014Steven F Udvar-HazyCEOSell10,000$38.48$384,800.00View SEC Filing  
6/16/2014Marc H BaerEVPSell2,000$37.81$75,620.00View SEC Filing  
6/12/2014John L PluegerCOOBuy10,000$37.98$379,800.00View SEC Filing  
6/11/2014Cheryl Gordon KrongardDirectorBuy5,000$41.00$205,000.00View SEC Filing  
6/2/2014Grant A LevyEVPSell3,000$41.56$124,680.00View SEC Filing  
6/2/2014Jie ChenDirectorSell2,500$41.62$104,050.00View SEC Filing  
6/2/2014Steven F Udvar-HazyCEOSell23,580$41.66$982,342.80View SEC Filing  
5/15/2014Marshall LarsenDirectorBuy2,500$39.15$97,875.00View SEC Filing  
5/14/2014Marc BaerEVPSell2,000$39.35$78,700.00View SEC Filing  
5/13/2014Steven Udvar-HazyCEOSell3,100$40.04$124,124.00View SEC Filing  
5/12/2014Jie ChenDirectorSell5,000$40.00$200,000.00View SEC Filing  
5/1/2014Grant LevyEVPSell3,000$35.89$107,670.00View SEC Filing  
4/23/2014Steven Udvar-HazyCEOSell6,469$37.00$239,353.00View SEC Filing  
4/14/2014Grant LevyEVPSell3,000$36.00$108,000.00View SEC Filing  
3/12/2014John PoerschkeSVPSell5,020$36.67$184,083.40View SEC Filing  
3/11/2014Alex KhatibiEVPSell23,270$36.98$860,524.60View SEC Filing  
3/5/2014Marc BaerEVPSell15,000$36.62$549,300.00View SEC Filing  
11/26/2013Wilbur Ross, Jr.DirectorSell4,250,000$28.98$123,165,000.00View SEC Filing  
6/6/2013Ares Management LlcMajor ShareholderSell3,062,787$26.75$81,929,552.25View SEC Filing  
6/5/2013John G DanhaklDirectorSell3,062,787$26.57$81,378,250.59View SEC Filing  
3/14/2013Ian M SainesDirectorBuy6,630$28.42$188,424.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Air Lease Corp. (NYSE:AL)
DateHeadline
News IconEarnings Preview: Air Lease Corporation (NYSE:AL) moved up 15 ... - The Independent Republic (NYSE:AL)
theindependentrepublic.com - September 23 at 8:14 AM
News IconCredit Suisse Lowers Air Lease Corp Price Target to $45.00 (AL ... - Petro Global News 24 (NYSE:AL)
petroglobalnews24.com - September 22 at 3:23 PM
News IconFBR & Co. Reiterates “Outperform” Rating for Air Lease Corp (AL) - Petro Global News 24 (NYSE:AL)
petroglobalnews24.com - September 22 at 3:23 PM
rttnews.com logoAzores Airlines To Lease Six New A321neos With Air Lease Corp. - Quick Facts (NYSE:AL)
www.rttnews.com - September 21 at 9:55 AM
rttnews.com logoAzores Airlines To Lease Six New A321neos With Air Lease Corp. - Quick Facts - RTT News (NYSE:AL)
www.rttnews.com - September 20 at 3:24 PM
News IconAir Lease Corporation Announces Placements of Six New Airbus A321neo Aircraft with Azores Airlines - EconoTimes (NYSE:AL)
www.econotimes.com - September 20 at 9:17 AM
finance.yahoo.com logoAir Lease Corporation Announces Placements of Six New Airbus A321neo Aircraft with Azores Airlines (NYSE:AL)
finance.yahoo.com - September 20 at 9:17 AM
seekingalpha.com logoAvoid Air Lease Corporation (And The Entire Aircraft Lease Industry) (NYSE:AL)
seekingalpha.com - September 19 at 4:21 PM
capitalcube.com logoAir Lease Corp. breached its 50 day moving average in a Bearish Manner : AL-US : September 19, 2016 (NYSE:AL)
www.capitalcube.com - September 19 at 4:21 PM
News Icon13F Activity: Air Lease Corp (AL) Shareholder Wellington Shields Capital Management LLC Decreased Position by ... - Chester News (NYSE:AL)
www.chesterindependent.com - September 16 at 3:24 PM
capitalcube.com logoETF’s with exposure to Air Lease Corp. : September 16, 2016 (NYSE:AL)
www.capitalcube.com - September 16 at 12:06 PM
capitalcube.com logoAir Lease Corp. : AL-US: Dividend Analysis : September 12th, 2016 (record date) : By the numbers : September 14, 2016 (NYSE:AL)
www.capitalcube.com - September 14 at 3:24 PM
stocksdaily.net logoAir Lease Corporation (NYSE:AL) Price Forecast At $43.714 - Stocks Daily (NYSE:AL)
www.stocksdaily.net - September 12 at 3:24 PM
News IconAir Lease Corporation (NYSE:AL) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:AL)
voiceregistrar.com - September 9 at 3:23 PM
News IconInstitutional Investors Have Decreased Positions in Air Lease Corporation (NYSE:AL) - Post News (NYSE:AL)
www.kentuckypostnews.com - September 9 at 8:12 AM
News IconAnalysts Valuations For Two Stocks: Frontier Communications Corp (NASDAQ:FTR), Air Lease Corp (NYSE:AL) - The Voice Registrar (NYSE:AL)
voiceregistrar.com - September 9 at 8:12 AM
nasdaq.com logoAir Lease Corporation (AL) Ex-Dividend Date Scheduled for September 08, 2016 - Nasdaq (NYSE:AL)
www.nasdaq.com - September 8 at 3:24 PM
News IconAir Lease board chair continues to serve in position (NYSE:AL)
www.financial-news.co.uk - September 8 at 11:26 AM
News IconPlacing Air Lease Corporation (NYSE:AL) Shares Under the Microscope - Post News (NYSE:AL)
www.kentuckypostnews.com - September 7 at 12:22 PM
nasdaq.com logoEx-Dividend Reminder: Harris, Unifirst and Air Lease (NYSE:AL)
www.nasdaq.com - September 6 at 8:32 PM
nasdaq.com logoEx-Dividend Reminder: Harris, Unifirst and Air Lease - Nasdaq (NYSE:AL)
www.nasdaq.com - September 6 at 3:24 PM
capitalcube.com logoETF’s with exposure to Air Lease Corp. : September 6, 2016 (NYSE:AL)
www.capitalcube.com - September 6 at 3:24 PM
nasdaq.com logoAir Lease Corp Breaks Above 200-Day Moving Average - Bullish for AL (NYSE:AL)
www.nasdaq.com - September 2 at 8:05 AM
finance.yahoo.com logoSteven Udvar-Házy Continues to Serve as Executive Chairman of the Board of Air Lease Corporation (NYSE:AL)
finance.yahoo.com - September 2 at 8:05 AM
News Icon2 Sizzling Hot Services Stocks: Cosi Inc. (COSI), Air Lease Corporation (AL) - The Independent Republic (NYSE:AL)
theindependentrepublic.com - September 1 at 11:53 AM
News IconStock Up Over the Past Five Trading Days: Air Lease Corporation (NYSE:AL) - Post News (NYSE:AL)
www.kentuckypostnews.com - August 30 at 12:19 PM
News IconTop Earnings to Watch for: Air Lease Corp. (NYSE:AL) - The Voice Registrar (NYSE:AL)
voiceregistrar.com - August 30 at 12:19 PM
News IconTop Earnings to Watch for: Air Lease Corporation (NYSE:AL) - The Voice Registrar (NYSE:AL)
voiceregistrar.com - August 29 at 4:02 PM
capitalcube.com logoETF’s with exposure to Air Lease Corp. : August 26, 2016 (NYSE:AL)
www.capitalcube.com - August 26 at 11:33 AM
investornewswire.com logoCan Air Lease Corporation (NYSE:AL) Surprise Analysts? - Investor Newswire (NYSE:AL)
www.investornewswire.com - August 23 at 3:23 PM
finance.yahoo.com logoHalftime Portfolio: Battle for top trader (NYSE:AL)
finance.yahoo.com - August 23 at 3:23 PM
cnbc.com logoSarat Sethi, up 27% in '16, shares his latest stock buy (NYSE:AL)
www.cnbc.com - August 23 at 2:37 PM
News IconStock Tracking Lower for the Quarter: Air Lease Corporation (NYSE:AL) - Post News (NYSE:AL)
www.kentuckypostnews.com - August 20 at 3:26 PM
finance.yahoo.com logoAir Lease Remains a Quality Long-Term Investment (NYSE:AL)
finance.yahoo.com - August 18 at 3:31 PM
capitalcube.com logoAir Lease Corp. breached its 50 day moving average in a Bullish Manner : AL-US : August 18, 2016 (NYSE:AL)
www.capitalcube.com - August 18 at 11:48 AM
investornewswire.com logoWill Air Lease Corporation (NYSE:AL) Hit $73 Price Target? - Investor Newswire (NYSE:AL)
www.investornewswire.com - August 17 at 8:55 PM
finance.yahoo.com logoBetterInvesting Top 100 Grew 13.3 Percent Annually for 5 Years Through July (NYSE:AL)
finance.yahoo.com - August 17 at 3:26 PM
News IconThe Statistics Don't Lie: Air Lease Corporation (NYSE:AL) Earnings Preview - The Voice Registrar (NYSE:AL)
voiceregistrar.com - August 17 at 11:39 AM
biz.yahoo.com logoAIR LEASE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat (NYSE:AL)
biz.yahoo.com - August 15 at 8:56 PM
News IconAnalysts Valuations For Two Stocks: Dillard's, Inc. (NYSE:DDS), Air Lease Corp (NYSE:AL) - The Voice Registrar (NYSE:AL)
voiceregistrar.com - August 14 at 8:14 AM
istreetwire.com logoStocks Buzz: Covanta Holding Corporation (CVA) Air Lease Corporation (AL) Starz (STRZA) - iStreetWire (NYSE:AL)
istreetwire.com - August 13 at 11:34 AM
capitalcube.com logoETF’s with exposure to Air Lease Corp. : August 11, 2016 (NYSE:AL)
www.capitalcube.com - August 11 at 12:38 PM
News IconMix Wondering Stocks- Air Lease (NYSE:AL), Clean Energy Fuels ... - Seneca Globe (NYSE:AL)
www.senecaglobe.com - August 10 at 3:44 PM
capitalcube.com logoAir Lease Corp. :AL-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:AL)
www.capitalcube.com - August 10 at 3:44 PM
streetupdates.com logoAnalysts Observing Stocks Update: Air Lease Corporation (NYSE:AL) , SuperValu Inc. (NYSE:SVU) - Street Updates (NYSE:AL)
www.streetupdates.com - August 9 at 10:02 PM
businesswire.com logoAir Lease Corporation Delivers One New Airbus A321-200 Aircraft to WOW air - Business Wire (press release) (NYSE:AL)
www.businesswire.com - August 9 at 12:10 PM
finance.yahoo.com logoAir Lease Corporation Delivers One New Airbus A321-200 Aircraft to WOW air (NYSE:AL)
finance.yahoo.com - August 9 at 12:10 PM
feeds.reuters.com logoBRIEF-Air Lease Corp announces pricing of public offering of $750 mln (NYSE:AL)
feeds.reuters.com - August 8 at 10:39 PM
businesswire.com logoAir Lease Corporation Announces Pricing of Public Offering of $750 Million of 3.00% Unsecured Senior Notes due 2023 - Business Wire (press release) (NYSE:AL)
www.businesswire.com - August 8 at 8:53 PM
finance.yahoo.com logo7:24 pm Air Lease prices offering of $750 mln aggregate principal amount of 3.00% unsecured senior notes due 2023 at a price of 98.658% of their face amount (NYSE:AL)
finance.yahoo.com - August 8 at 8:53 PM

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Air Lease Corp. (NYSE:AL) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff