NYSE:AL Air Lease (AL) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free AL Stock Alerts $46.59 -0.54 (-1.15%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$46.58▼$47.4950-Day Range$39.73▼$47.1352-Week Range$33.33▼$47.75Volume2.19 million shsAverage Volume1.46 million shsMarket Capitalization$5.17 billionP/E Ratio9.05Dividend Yield1.80%Price Target$51.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Air Lease alerts: Email Address Air Lease MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside10.5% Upside$51.50 Price TargetShort InterestHealthy1.48% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.42Based on 15 Articles This WeekInsider TradingSelling Shares$3.17 M Sold Last QuarterProj. Earnings Growth21.99%From $5.64 to $6.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.98 out of 5 starsTransportation Sector5th out of 120 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry1st out of 12 stocks 2.4 Analyst's Opinion Consensus RatingAir Lease has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.50, Air Lease has a forecasted upside of 10.5% from its current price of $46.59.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 Shorted1.48% 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 1.7, 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 6.13%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 1.81%, 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 16.31%. 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 12.21% 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 3.0 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of 0.42. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Air Lease this week, compared to 5 articles on an average week.Search Interest6 people have searched for AL on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows9 people have added Air Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,174,655.00 in 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 21.99% in the coming year, from $5.64 to $6.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 9.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 9.05, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.96.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.70. 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 0.72. 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 Ad InvestorPlaceThey said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.There are five coins you must take a look at right away. 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 sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2023, it owned a fleet of 463 aircraft, including 345 narrowbody aircraft and 118 widebody aircraft. Air Lease Corporation 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 HeadlinesMarch 17, 2024 | insidertrades.comAir Lease Co. (NYSE:AL) EVP Alex A. Khatibi Sells 11,198 SharesMarch 17, 2024 | nasdaq.comFirst Week of November 15th Options Trading For Air Lease (AL)March 19, 2024 | The Bull Report (Ad)The AI Bottleneck No One is Talking AboutRenewable energy is growing at an impressive speed - but not fast enough. This could be one of the greatest periods for the nuclear industry ever.March 15, 2024 | wsj.comAir Lease Corp. 6.15% Fixed-to-Floating Pfd. Series AMarch 14, 2024 | msn.comAl Masaood Automobiles to set up spare parts logistics centre in KEZADMarch 14, 2024 | americanbankingnews.comAir Lease (NYSE:AL) Downgraded to Hold at StockNews.comMarch 13, 2024 | benzinga.comAir Lease Options Trading: A Deep Dive into Market SentimentMarch 13, 2024 | finance.yahoo.comAir Lease Stock Sees Relative Strength Rating Fly Higher; Still Shy Of Key BenchmarkMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… March 12, 2024 | bizjournals.comBricks & Bowls al fresco restaurant headed to Park AvenueMarch 11, 2024 | businesswire.comAir Lease Corporation to Speak at J.P. Morgan Industrials ConferenceMarch 11, 2024 | msn.comIsrael checking reports that Hamas' military No.2 killed in Gaza strikeMarch 8, 2024 | seekingalpha.comAir Lease: Tremendous Value Hiding In "Plane" SightMarch 7, 2024 | investorplace.comThe 3 Best Bargain Stocks Hiding in Plain Sight This MarchMarch 7, 2024 | cbsnews.comMiami-Dade County to terminate lease agreement Miami Seaquarium's ownersFebruary 28, 2024 | finance.yahoo.comEVP Kishore Korde Sells 16,593 Shares of Air Lease Corp (AL)February 27, 2024 | msn.comAir Lease Secures Long-Term Deal With Thai Airways For Three Boeing 787-9sFebruary 26, 2024 | businesswire.comAir Lease Corporation Announces Lease Placement of Three New Boeing 787 Aircraft with Thai Airways InternationalFebruary 24, 2024 | finance.yahoo.comInsider Sell: EVP Carol Forsyte Sells 12,253 Shares of Air Lease Corp (AL)February 21, 2024 | markets.businessinsider.comBuy Rating on Air Lease Stock Based on Strong Future Outlook and Attractive ValuationFebruary 21, 2024 | msn.comAir Lease prices C$400M medium-term notesFebruary 21, 2024 | finance.yahoo.comAir Lease Corporation Announces Pricing of Offering of C$400 Million of Senior Unsecured Medium-Term NotesFebruary 20, 2024 | businesswire.comAir Lease Corporation Announces Pricing of Offering of C$400 Million of Senior Unsecured Medium-Term NotesFebruary 20, 2024 | msn.comHostile Group Attempts To Hijack EL AL Flight Radio Over Somali AirspaceFebruary 20, 2024 | finance.yahoo.comAir Lease (AL) Q4 Earnings & Revenues Beat EstimatesFebruary 17, 2024 | finance.yahoo.comAir Lease Full Year 2023 Earnings: Beats ExpectationsFebruary 16, 2024 | markets.businessinsider.comBarclays Keeps Their Buy Rating on Air Lease (AL)See 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 1/10 Dividend12/14/2023Dividend Payable1/10/2024Last Earnings2/15/2024Ex-Dividend for 4/10 Dividend3/14/2024Today3/18/2024Dividend Payable4/10/2024Next Earnings (Estimated)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors Current SymbolNYSE:AL CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone(310) 553-0555Fax310-553-0999Employees163Year FoundedN/APrice Target and Rating Average Stock Price Target$51.50 High Stock Price Target$60.00 Low Stock Price Target$43.00 Potential Upside/Downside+10.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$5.15 Trailing P/E Ratio9.05 Forward P/E Ratio8.26 P/E Growth0.7Net Income$614.62 million Net Margins22.89% Pretax Margin28.07% Return on Equity8.87% Return on Assets2.06% Debt Debt-to-Equity Ratio2.68 Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$2.68 billion Price / Sales1.93 Cash Flow$16.40 per share Price / Cash Flow2.84 Book Value$64.49 per share Price / Book0.72Miscellaneous Outstanding Shares111,030,000Free Float103,810,000Market Cap$5.17 billion OptionableOptionable Beta1.62 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 78)Executive Chairman of the Board Comp: $2.06MMr. John L. Plueger (Age 70)CEO, President & Director Comp: $3.15MMr. Grant A. Levy (Age 61)Executive Vice President of Marketing & Commercial Affairs Comp: $2.02MMr. Kishore Korde (Age 50)Executive Vice President of Marketing Comp: $1.79MMr. Jason ArnoldVice President of Investor RelationsMs. Carol H. Forsyte (Age 61)Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer Ms. Courtney McKeownSenior Vice President of Human ResourcesMr. Alex A. Khatibi (Age 63)Executive Vice President Mr. John D. Poerschke (Age 62)Executive Vice President of Aircraft Procurement & Specification Mr. Eric HoogenkampSenior Vice President of Technical Asset ManagementMore ExecutivesKey CompetitorsFrontlineNYSE:FRORyder SystemNYSE:RKirbyNYSE:KEXAlaska Air GroupNYSE:ALKGATXNYSE:GATXView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 12,920 shares on 3/11/2024Ownership: 9.163%Wellington Management Group LLPBought 1,407,902 shares on 3/5/2024Ownership: 4.129%Alex A KhatibiSold 11,198 sharesTotal: $482,745.78 ($43.11/share)Goldman Sachs Group Inc.Sold 34,345 shares on 3/1/2024Ownership: 0.188%Kishore KordeSold 16,593 sharesTotal: $658,742.10 ($39.70/share)View All Insider TransactionsView All Institutional Transactions AL Stock Analysis - Frequently Asked Questions Should I buy or sell Air Lease stock 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 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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? 4 brokers have issued 12-month target prices for Air Lease's shares. Their AL share price targets range from $43.00 to $60.00. On average, they expect the company's stock price to reach $51.50 in the next twelve months. This suggests a possible upside of 10.5% 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 2024? Air Lease's stock was trading at $41.94 at the beginning of 2024. Since then, AL shares have increased by 11.1% and is now trading at $46.59. View the best growth stocks for 2024 here. Are investors shorting Air Lease? Air Lease saw a decrease in short interest during the month of February. As of February 29th, there was short interest totaling 1,530,000 shares, a decrease of 6.1% from the February 14th total of 1,630,000 shares. Based on an average trading volume of 906,500 shares, the short-interest ratio is presently 1.7 days. Approximately 1.5% of the company's shares are short sold. 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 Monday, May 6th 2024. View our AL earnings forecast. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) released its earnings results on Thursday, February, 15th. The transportation company reported $1.89 EPS for the quarter, topping the consensus estimate of $1.10 by $0.79. The transportation company earned $716.57 million during the quarter, compared to analysts' expectations of $672.95 million. Air Lease had a trailing twelve-month return on equity of 8.87% and a net margin of 22.89%. The company's revenue was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 earnings per share. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 15th will be given a dividend of $0.21 per share on Wednesday, April 10th. This represents a $0.84 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for AL. Is Air Lease a good dividend stock? Air Lease (NYSE:AL) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.81%. 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 16.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AL will have a dividend payout ratio of 12.21% 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.16%), Vanguard Group Inc. (9.16%), Dimensional Fund Advisors LP (6.16%), Wellington Management Group LLP (4.13%), Allspring Global Investments Holdings LLC (2.00%) and Lyrical Asset Management LP (1.95%). Insiders that own company stock include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, John L Plueger, Kishore Korde, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AL) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company 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. 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