Top-Rated Dividend StocksTop-Rated DividendNYSE:AL Air Lease (AL) Stock Forecast, Price & News $39.41 -0.08 (-0.20%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$39.25▼$40.0050-Day Range$38.90▼$42.8652-Week Range$30.26▼$46.20Volume430,535 shsAverage Volume496,580 shsMarket Capitalization$4.38 billionP/E Ratio9.23Dividend Yield2.03%Price Target$53.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Air Lease MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside36.5% Upside$53.80 Price TargetShort InterestHealthy0.94% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.08Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth21.62%From $4.58 to $5.57 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.3.07 out of 5 starsTransportation Sector10th out of 118 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 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.80, Air Lease has a forecasted upside of 36.5% from its current price of $39.41.Amount of Analyst CoverageAir Lease has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.94% 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 increased by 20.69%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 2.03%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAir Lease has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Air Lease is 18.74%. 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 14.36% 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 1.7 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of 0.08. 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 0.59 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Air Lease this week, compared to 4 articles on an average week. 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 21.62% in the coming year, from $4.58 to $5.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 9.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 9.23, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 10.66.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.88. 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 0.66. 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 (NYSE:AL) StockAir 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AL Stock News HeadlinesSeptember 29, 2023 | msn.comFor Orioles, second clubhouse celebration of 2023 makes clear: ‘This is the expectation for years to come’September 29, 2023 | cbsnews.comBaltimore Orioles reach agreement on 30-year lease that will keep team at Camden YardsOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 28, 2023 | msn.comL.A. Model Demands to Be Let Out From Lease As Fears Grow of a Serial Killer in Her NeighborhoodSeptember 26, 2023 | finance.yahoo.comPioneer Natural Resources and Piedmont Lithium have been highlighted as Zacks Bull and Bear of the DaySeptember 25, 2023 | americanbankingnews.comQ3 2024 EPS Estimates for Air Lease Co. Cut by Analyst (NYSE:AL)September 15, 2023 | sports.yahoo.comIs a Toyota Lease Buyout Worth It? Find Out NowSeptember 12, 2023 | seekingalpha.comAir Lease declares $0.20 dividendOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 11, 2023 | finance.yahoo.comUnraveling the Dividend Story of Air Lease Corp (AL)August 30, 2023 | msn.comB of A Securities Maintains Air Lease Corp - (AL) Buy RecommendationAugust 16, 2023 | msn.comAir Lease Pens $300M Deal For Five 737 Aircraft With Royal Air MarocAugust 16, 2023 | finance.yahoo.comAir Lease Corporation Announces $300 Million Deal for Five Boeing 737 Aircraft with Royal Air MarocAugust 14, 2023 | finance.yahoo.comReturn Trends At Air Lease (NYSE:AL) Aren't AppealingAugust 14, 2023 | msn.comAir Lease Corporation Is Superficially CheapAugust 12, 2023 | msn.comCitigroup Maintains Air Lease Corp - (AL) Neutral RecommendationAugust 9, 2023 | seekingalpha.comMacro Tailwinds Are Key To Air Lease Corporation's Sustained GrowthAugust 8, 2023 | msn.comAir Lease: Shares Underperforming Lately, Earnings Growth Questionable, Macro RisksAugust 8, 2023 | finance.yahoo.comAir Lease (AL) Share Price Increases 1.2% on Q2 Earnings BeatAugust 4, 2023 | finance.yahoo.comAir Lease Corporation (NYSE:AL) Q2 2023 Earnings Call TranscriptAugust 4, 2023 | thestreet.comAir Lease Corporation 6.150% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock Series AAugust 4, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Industrial Goods Companies: Teleflex (TFX) and Air Lease (AL)August 4, 2023 | finance.yahoo.comQ2 2023 Air Lease Corp Earnings CallAugust 4, 2023 | finance.yahoo.comAir Lease Corporation Announces Second Quarter 2023 ResultsAugust 4, 2023 | markets.businessinsider.comAir Lease corp. Q2 Profit Increases, beats estimatesAugust 4, 2023 | markets.businessinsider.comGoldman Sachs Keeps Their Buy Rating on Air Lease (AL)August 4, 2023 | finance.yahoo.comAir Lease (AL) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesSee 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 AL Company Calendar Ex-Dividend for 7/7 Dividend6/05/2023Dividend Payable7/07/2023Last Earnings8/03/2023Ex-Dividend for 10/6 Dividend9/11/2023Today10/01/2023Dividend Payable10/06/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get 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 Forecast$53.80 High Stock Price Forecast$60.00 Low Stock Price Forecast$43.00 Forecasted Upside/Downside+36.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.27 Trailing P/E Ratio9.23 Forward P/E Ratio8.60 P/E Growth0.88Net Income$-97,020,000.00 Net Margins20.91% Pretax Margin25.90% Return on Equity7.72% Return on Assets1.79% Debt Debt-to-Equity Ratio2.76 Current Ratio0.41 Quick Ratio0.41 Sales & Book Value Annual Sales$2.32 billion Price / Sales1.89 Cash Flow$8.74 per share Price / Cash Flow4.51 Book Value$59.93 per share Price / Book0.66Miscellaneous Outstanding Shares111,030,000Free Float103,810,000Market Cap$4.38 billion OptionableOptionable Beta1.76 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Steven F. Udvar-Hazy (Age 77)Exec. Chairman Comp: $2.06MMr. John L. Plueger (Age 69)CEO, Pres & Director Comp: $3.15MMr. Gregory B. Willis II (Age 44)CPA, CPA, Exec. VP & CFO Comp: $1.7MMr. Grant A. Levy (Age 60)Exec. VP of Marketing & Commercial Affairs Comp: $2.02MMr. Kishore Korde (Age 49)Exec. VP of Marketing Comp: $1.79MMr. Jason ArnoldVP of Investor RelationsMs. Carol H. Forsyte (Age 60)Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer Ms. Courtney McKeownSr. VP of HRMr. Alex A. Khatibi (Age 62)Exec. VP Mr. John D. Poerschke (Age 61)Exec. VP of Aircraft Procurement & Specification More ExecutivesKey CompetitorsTextainer GroupNYSE:TGHTriton InternationalNYSE:TRTNJoby AviationNYSE:JOBYRyder SystemNYSE:RAlaska Air GroupNYSE:ALKView All CompetitorsInsiders & InstitutionsBarclays PLCBought 17,836 shares on 9/21/2023Ownership: 0.025%Rehmann Capital Advisory GroupBought 922 shares on 8/23/2023Ownership: 0.008%Virginia Retirement Systems ET ALBought 31,600 shares on 8/22/2023Ownership: 0.028%California State Teachers Retirement SystemSold 3,925 shares on 8/21/2023Ownership: 0.116%Osaic Holdings Inc.Sold 4,631 shares on 8/21/2023Ownership: 0.046%View All Insider TransactionsView All Institutional Transactions AL Stock - Frequently Asked Questions Should I buy or sell Air Lease stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 1 hold rating and 3 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 forecast for 2023? 4 Wall Street research analysts have issued 1-year price objectives for Air Lease's stock. Their AL share price forecasts range from $43.00 to $60.00. On average, they anticipate the company's stock price to reach $53.80 in the next year. This suggests a possible upside of 36.5% 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 2023? Air Lease's stock was trading at $38.42 at the beginning of the year. Since then, AL shares have increased by 2.6% and is now trading at $39.41. View the best growth stocks for 2023 here. Are investors shorting Air Lease? Air Lease saw a increase in short interest in September. As of September 15th, there was short interest totaling 966,000 shares, an increase of 20.7% from the August 31st total of 800,400 shares. Based on an average daily trading volume, of 599,100 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.9% of the company's stock 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, November 2nd 2023. View our AL earnings forecast. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) issued its quarterly earnings data on Thursday, August, 3rd. The transportation company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.01. The transportation company had revenue of $672.90 million for the quarter, compared to the consensus estimate of $657.68 million. Air Lease had a trailing twelve-month return on equity of 7.72% and a net margin of 20.91%. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease announced a quarterly dividend on Wednesday, August 2nd. Shareholders of record on Tuesday, September 12th will be given a dividend of $0.20 per share on Friday, October 6th. This represents a $0.80 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Monday, September 11th. 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). 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 2.03%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AL will have a dividend payout ratio of 14.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AL. 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). What is Air Lease's stock symbol? Air Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "AL." 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. What is Air Lease's stock price today? One share of AL stock can currently be purchased for approximately $39.41. How much money does Air Lease make? Air Lease (NYSE:AL) has a market capitalization of $4.38 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 $4.27 on an earnings per share basis. How many employees does Air Lease have? The company employs 151 workers across the globe. 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 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. This page (NYSE:AL) was last updated on 10/1/2023 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.