NYSE:AL - Air Lease Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$37.42 -0.45 (-1.19 %)
(As of 05/23/2019 09:27 AM ET)
Previous Close$37.87
Today's Range$37.24 - $37.8750
52-Week Range$28.13 - $47.34
Volume848,992 shs
Average Volume954,381 shs
Market Capitalization$4.16 billion
P/E Ratio8.13
Dividend Yield1.37%
Beta2.04
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, 2018, the company owned a fleet of 275 aircraft, including 207 narrowbody jet aircraft and 68 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.

Receive AL News and Ratings via Email

Sign-up to receive the latest news and ratings for AL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorTransportation
CUSIP00912X30
Phone310-553-0555

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.68 billion
Cash Flow$10.9096 per share
Book Value$46.56 per share

Profitability

Net Income$510.83 million

Miscellaneous

Employees97
Market Cap$4.16 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

Air Lease (NYSE:AL) Frequently Asked Questions

What is Air Lease's stock symbol?

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

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

Air Lease announced a quarterly dividend on Friday, May 10th. Shareholders of record on Wednesday, June 5th will be given a dividend of $0.13 per share on Thursday, July 11th. This represents a $0.52 annualized dividend and a yield of 1.39%. The ex-dividend date is Tuesday, June 4th. View Air Lease's Dividend History.

How were Air Lease's earnings last quarter?

Air Lease Corp (NYSE:AL) released its quarterly earnings results on Thursday, May, 9th. The transportation company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.01. The transportation company earned $466 million during the quarter, compared to analyst estimates of $456.91 million. Air Lease had a net margin of 30.50% and a return on equity of 11.45%. The company's quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.38 earnings per share. View Air Lease's Earnings History.

When is Air Lease's next earnings date?

Air Lease is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Air Lease.

What price target have analysts set for AL?

9 brokerages have issued 1-year target prices for Air Lease's stock. Their predictions range from $45.00 to $93.00. On average, they anticipate Air Lease's stock price to reach $57.3750 in the next twelve months. This suggests a possible upside of 53.3% from the stock's current price. View Analyst Price Targets for Air Lease.

What is the consensus analysts' recommendation for Air Lease?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Lease.

Has Air Lease been receiving favorable news coverage?

Media coverage about AL stock has trended very negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Air Lease earned a daily sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

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 Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), Gilead Sciences (GILD), Intel (INTC), Celgene (CELG), IQIYI (IQ), General Electric (GE), QUALCOMM (QCOM) and NVIDIA (NVDA).

Who are Air Lease's key executives?

Air Lease's management team includes the folowing people:
  • Mr. Steven F. Udvar-Házy, Exec. Chairman (Age 73)
  • Mr. John L. Plueger, CEO, Pres & Director (Age 65)
  • Mr. Gregory B. Willis II, CPA, CPA, Exec. VP & CFO (Age 40)
  • Mr. Grant A. Levy, Exec. VP of Marketing & Commercial Affairs (Age 56)
  • Mr. Jie Chen, Exec. VP & MD of Asia (Age 55)

Who are Air Lease's major shareholders?

Air Lease's stock is owned by many different of retail and institutional investors. Top institutional investors include Boston Partners (5.81%), Artisan Partners Limited Partnership (5.41%), Dimensional Fund Advisors LP (4.00%), Royce & Associates LP (2.94%), Ellis Investment Partners LLC (2.03%) and Federated Investors Inc. PA (1.91%). Company insiders that own Air Lease stock include Alex A Khatibi, Grant A Levy, Jie Chen, John D Poerschke, John L Plueger, Kishore Korde, Marc H Baer and Steven F Udvar-Hazy. 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 Wellington Management Group LLP, Boston Partners, FMR LLC, Zweig DiMenna Associates LLC, Goldman Sachs Group Inc., AQR Capital Management LLC, Morgan Stanley and Klingenstein Fields & Co. LLC. Company insiders that have sold Air Lease company stock in the last year include Grant A Levy, John D Poerschke, John L Plueger and Marc H Baer. View Insider Buying and Selling for Air Lease.

Which institutional investors are buying Air Lease stock?

AL stock was bought by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, Wells Fargo & Company MN, Copper Rock Capital Partners LLC, Lazard Asset Management LLC, Meitav Dash Investments Ltd., Federated Investors Inc. PA, Cohen Klingenstein LLC and Royce & Associates LP. View Insider Buying and Selling for Air Lease.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Air Lease's stock price today?

One share of AL stock can currently be purchased for approximately $37.42.

How big of a company is Air Lease?

Air Lease has a market capitalization of $4.16 billion and generates $1.68 billion in revenue each year. The transportation company earns $510.83 million in net income (profit) each year or $4.60 on an earnings per share basis. Air Lease employs 97 workers across the globe.

What is Air Lease's official website?

The official website for Air Lease is http://www.airleasecorp.com/.

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]


MarketBeat Community Rating for Air Lease (NYSE AL)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  498 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  818
MarketBeat's community ratings are surveys of what our community members think about Air Lease and other stocks. Vote "Outperform" if you believe AL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

Featured Article: Margin

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel