Air Lease Stock Price, News & Analysis (NYSE:AL) $38.06 -0.11 (-0.29%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$37.75▼$38.1550-Day Range$33.77▼$40.2852-Week Range$33.33▼$46.20Volume770,993 shsAverage Volume639,305 shsMarket Capitalization$4.23 billionP/E Ratio8.51Dividend Yield2.10%Price Target$52.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Air Lease MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside38.2% Upside$52.60 Price TargetShort InterestHealthy1.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment-0.37Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth18.16%From $4.35 to $5.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.34 out of 5 starsTransportation Sector1st out of 117 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry1st out of 13 stocks 3.4 Analyst's Opinion Consensus RatingAir Lease has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.60, Air Lease has a forecasted upside of 38.2% from its current price of $38.06.Amount of Analyst CoverageAir Lease has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.09% of the float of Air Lease has been sold short.Short Interest Ratio / Days to CoverAir Lease has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Air Lease has recently decreased by 8.20%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 2.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAir Lease has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Air Lease is 17.90%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Air Lease will have a dividend payout ratio of 15.56% next year. This indicates that Air Lease will be able to sustain or increase its dividend. Previous Next 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAir Lease has received a -56.03% net impact score from Upright. The largest negative impact of Air Lease in category "GHG emissions" is driven by its "Narrow-body aircraft leasing", "Wide-body aircraft leasing", and "Regional jet aircraft leasing" products. See details.Environmental SustainabilityThe Environmental Impact score for Air Lease is -5.63. Previous Next 1.5 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of -0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Air Lease this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for AL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows5 people have added Air Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.50% of the stock of Air Lease is held by insiders.Percentage Held by Institutions88.16% of the stock of Air Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 5.0 Earnings and Valuation Earnings GrowthEarnings for Air Lease are expected to grow by 18.16% in the coming year, from $4.35 to $5.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 8.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 8.51, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.99.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.90. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAir Lease has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Air Lease Stock (NYSE:AL)Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2022, it owned a fleet of 417 aircraft, including 306 narrowbody aircraft and 111 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.Read More AL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AL Stock News HeadlinesNovember 23, 2023 | americanbankingnews.comAir Lease (NYSE:AL) Lowered to Hold at StockNews.comNovember 21, 2023 | finance.yahoo.comAir Lease Corporation Announces Delivery of First of 25 New Boeing 737-8 Aircraft to Malaysia Airlines BerhadNovember 29, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.November 19, 2023 | americanbankingnews.comAir Lease (NYSE:AL) Now Covered by BarclaysNovember 18, 2023 | americanbankingnews.comAir Lease Co. (NYSE:AL) Receives $52.60 Consensus Target Price from BrokeragesNovember 16, 2023 | msn.comBarclays Initiates Coverage of Air Lease Corp - (AL) with Overweight RecommendationNovember 13, 2023 | msn.comAir Lease And EGYPTAIR Seal Deal For Boeing 737-8 AircraftNovember 13, 2023 | markets.businessinsider.comAir Lease Bags Long-term Lease Contracts From Egyptair For 18 Boeing 737-8 AircraftNovember 29, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.November 13, 2023 | finance.yahoo.comAir Lease Corporation Announces Lease Placement of 18 New Boeing 737-8 Aircraft with EGYPTAIRNovember 8, 2023 | seekingalpha.comAir Lease: A Strong Quarter But Balance Sheet Repair Delays UpsideNovember 7, 2023 | finance.yahoo.comAir Lease (AL) Q3 Earnings & Revenues Top Estimates, Up Y/YNovember 7, 2023 | msn.comAir Lease (NYSE:AL) Takes Off on Q3 BeatNovember 7, 2023 | finance.yahoo.comAir Lease Corporation (NYSE:AL) Q3 2023 Earnings Call TranscriptNovember 7, 2023 | finance.yahoo.comQ3 2023 Air Lease Corp Earnings CallNovember 6, 2023 | seekingalpha.comAir Lease Corporation: Underappreciation For Airplane Assets Drives Significant UpsideNovember 6, 2023 | msn.comAir Lease Tops Q3 Earnings On Growth In Fleet & Sales Activity, Boosts Dividend By 5%November 6, 2023 | finance.yahoo.comAir Lease Corporation Announces Third Quarter 2023 ResultsNovember 6, 2023 | finance.yahoo.comAir Lease Corp (AL) Reports 17.5% Revenue Growth in Q3 2023November 6, 2023 | finance.yahoo.comCORRECTED-Air Lease says it has two aircraft on lease in IsraelNovember 6, 2023 | finance.yahoo.comAir Lease (AL) Q3 Earnings: How Key Metrics Compare to Wall Street EstimatesNovember 6, 2023 | finance.yahoo.comUPDATE 1-Air Lease doubts if Boeing, Airbus can meet annual delivery targetsNovember 6, 2023 | finance.yahoo.comAir Lease doubts if Boeing, Airbus can meet annual delivery targetsNovember 3, 2023 | benzinga.comA Preview Of Air Lease's EarningsNovember 1, 2023 | skift.comDon’t Order Too Many Planes and the Biggest Risks to Growth – Air Lease CEOOctober 31, 2023 | finance.yahoo.comAir Lease Corporation Announces Lease Placement of Two New Boeing 737-8 Aircraft with LOT Polish AirlinesOctober 30, 2023 | finance.yahoo.comWhy Air Lease (AL) is a Great Dividend Stock Right NowSee More Headlines Receive AL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Air Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/6 Dividend9/11/2023Dividend Payable10/06/2023Last Earnings11/06/2023Today11/28/2023Ex-Dividend for 1/10 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/10/2024Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:AL CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone(310) 553-0555Fax310-553-0999Employees151Year FoundedN/APrice Target and Rating Average Stock Price Target$52.60 High Stock Price Target$60.00 Low Stock Price Target$43.00 Potential Upside/Downside+38.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.47 Trailing P/E Ratio8.51 Forward P/E Ratio8.75 P/E Growth0.9Net Income$-97,020,000.00 Net Margins20.97% Pretax Margin25.97% Return on Equity7.92% Return on Assets1.84% Debt Debt-to-Equity Ratio2.68 Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$2.32 billion Price / Sales1.82 Cash Flow$8.69 per share Price / Cash Flow4.38 Book Value$59.93 per share Price / Book0.64Miscellaneous Outstanding Shares111,030,000Free Float103,810,000Market Cap$4.23 billion OptionableOptionable Beta1.74 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Steven F. Udvar-Hazy (Age 77)Executive Chairman of the Board Comp: $2.06MMr. John L. Plueger (Age 69)CEO, President & Director Comp: $3.15MMr. Gregory B. Willis II (Age 44)CPA, Executive VP & CFO Comp: $1.7MMr. Grant A. Levy (Age 60)Executive Vice President of Marketing & Commercial Affairs Comp: $2.02MMr. Kishore Korde (Age 49)Executive Vice President of Marketing Comp: $1.79MMr. Jason ArnoldVice President of Investor RelationsMs. Carol H. Forsyte (Age 60)Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer Ms. Courtney McKeownSenior Vice President of Human ResourcesMr. Alex A. Khatibi (Age 62)Executive Vice President Mr. John D. Poerschke (Age 61)Executive Vice President of Aircraft Procurement & Specification More ExecutivesKey CompetitorsHertz GlobalNYSE:HTZAerCapNYSE:AERATSNYSE:ATSMaximusNYSE:MMSTimkenNYSE:TKRView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 14,223 shares on 11/24/2023Ownership: 0.006%Verity Asset Management Inc.Bought 8,781 shares on 11/22/2023Ownership: 0.008%Comerica BankBought 100,857 shares on 11/21/2023Ownership: 0.091%Jacobs Levy Equity Management Inc.Sold 3,743 shares on 11/17/2023Ownership: 0.077%OLD National Bancorp INSold 812 shares on 11/17/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions AL Stock Analysis - Frequently Asked Questions Should I buy or sell Air Lease stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AL shares. View AL analyst ratings or view top-rated stocks. What is Air Lease's stock price target for 2024? 5 brokerages have issued twelve-month price objectives for Air Lease's stock. Their AL share price targets range from $43.00 to $60.00. On average, they expect the company's stock price to reach $52.60 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for AL or view top-rated stocks among Wall Street analysts. How have AL shares performed in 2023? Air Lease's stock was trading at $38.42 at the start of the year. Since then, AL stock has decreased by 0.9% and is now trading at $38.06. View the best growth stocks for 2023 here. Are investors shorting Air Lease? Air Lease saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,120,000 shares, a drop of 8.2% from the October 31st total of 1,220,000 shares. Based on an average daily trading volume, of 700,700 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.1% of the company's shares are sold short. View Air Lease's Short Interest. When is Air Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our AL earnings forecast. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) announced its quarterly earnings data on Monday, November, 6th. The transportation company reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.02. The transportation company had revenue of $659.36 million for the quarter, compared to analyst estimates of $659.17 million. Air Lease had a net margin of 20.97% and a trailing twelve-month return on equity of 7.92%. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease declared a quarterly dividend on Monday, November 6th. Investors of record on Friday, December 15th will be given a dividend of $0.21 per share on Wednesday, January 10th. This represents a $0.84 annualized dividend and a yield of 2.21%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for AL. Is Air Lease a good dividend stock? Air Lease (NYSE:AL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.09%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 17.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AL will have a dividend payout ratio of 15.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AL. What ETFs hold Air Lease's stock? ETFs with the largest weight of Air Lease (NYSE:AL) stock in their portfolio include Cambiar Aggressive Value ETF (CAMX), First Trust Dorsey Wright Momentum & Value ETF (DVLU), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Harbor Small Cap Explorer ETF (QWST), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Avantis U.S. Small Cap Value ETF (AVUV), First Trust Mid Cap Value AlphaDEX Fund (FNK) and Vanguard U.S. Value Factor (VFVA). What is Ugo Ruffalo's approval rating as Air Lease's CEO? 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. 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), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Bank of America (BAC), Advanced Micro Devices (AMD) and NVIDIA (NVDA). Who are Air Lease's major shareholders? Air Lease's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (5.97%), Invesco Ltd. (2.45%), Artisan Partners Limited Partnership (2.38%), Allspring Global Investments Holdings LLC (2.10%), Earnest Partners LLC (1.64%) and Copeland Capital Management LLC (1.54%). Insiders that own company stock include Alex A Khatibi, Grant A Levy, Jie Chen, Steven F Udvar-Hazy and Yvette Hollingsworth Clark. View institutional ownership trends. How do I buy shares of Air Lease? 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. Compare Top Brokerages Here. This page (NYSE:AL) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Air Lease Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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