About Air Lease Corporation
Air 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
- Previous Close: $38.98
- 50 Day Moving Average: $35.89
- 200 Day Moving Average: $32.00
- 52-Week Range: $102,843,000.00 - $24.25
- Trailing P/E Ratio: 11.82
- Foreward P/E Ratio: 10.50
- P/E Growth: 0.72
- Market Cap: $4.01B
- Outstanding Shares: 102,843,000
- Beta: 1.6
- Net Margins: 26.09%
- Return on Equity: 14.83%
- Return on Assets: 3.58%
Companies Related to Air Lease Corporation:
- Debt-to-Equity Ratio: 2.60%
- Current Ratio: 1.04%
- Quick Ratio: 1.04%
What is Air Lease Corporation's stock symbol?
Air Lease Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "AL."
How often does Air Lease Corporation pay dividends? What is the dividend yield for Air Lease Corporation?
Air Lease Corporation announced a quarterly dividend on Friday, November 4th. Stockholders of record on Monday, December 12th will be paid a dividend of $0.075 per share on Monday, January 9th. This represents a $0.30 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Thursday, December 8th. This is a positive change from Air Lease Corporation's previous quarterly dividend of $0.05.
Where is Air Lease Corporation's stock going? Where will Air Lease Corporation's stock price be in 2017?
8 brokerages have issued twelve-month price targets for Air Lease Corporation's shares. Their forecasts range from $36.00 to $73.00. On average, they anticipate Air Lease Corporation's stock price to reach $48.92 in the next twelve months.
When will Air Lease Corporation announce their earnings?
Air Lease Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.
Who owns Air Lease Corporation stock?
Air Lease Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (8.66%), FMR LLC (5.93%), Dimensional Fund Advisors LP (4.27%), Federated Investors Inc. PA (2.23%), Royce & Associates LP (1.86%) and Osterweis Capital Management Inc. (1.39%). Company insiders that own Air Lease Corporation stock include Alex A Khatibi, Grant A Levy, Ian M Saines, Jie Chen, Marc H Baer, Robert A Milton and Steven F Udvar-Hazy.
Who sold Air Lease Corporation stock? Who is selling Air Lease Corporation stock?
Air Lease Corporation's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Osterweis Capital Management Inc., Artisan Partners Limited Partnership, Federated Investors Inc. PA, FMR LLC, Guggenheim Capital LLC, AQR Capital Management LLC and Artemis Investment Management LLP. Company insiders that have sold Air Lease Corporation stock in the last year include Alex A Khatibi, Grant A Levy, Ian M Saines, Marc H Baer and Robert A Milton.
Who bought Air Lease Corporation stock? Who is buying Air Lease Corporation stock?
Air Lease Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Royce & Associates LP, Maltese Capital Management LLC, Capstone Investment Advisors LLC, Russell Investments Group Ltd. and Clark Capital Management Group Inc..
How do I buy Air Lease Corporation stock?
Shares of Air Lease Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Air Lease Corporation stock cost?
One share of Air Lease Corporation stock can currently be purchased for approximately $38.95.