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

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

Air Lease declared a quarterly dividend on Thursday, November 7th. Investors of record on Friday, December 20th will be given a dividend of $0.15 per share on Monday, January 6th. This represents a $0.60 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, December 19th. This is a boost from Air Lease's previous quarterly dividend of $0.13. View Air Lease's Dividend History.

Air Lease Corp (NYSE:AL) issued its quarterly earnings data on Thursday, November, 7th. The transportation company reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.05. The transportation company earned $531 million during the quarter, compared to analysts' expectations of $525.63 million. Air Lease had a net margin of 29.22% and a return on equity of 10.81%. The firm's revenue was up 17.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.73 earnings per share. View Air Lease's Earnings History.

Air Lease is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Air Lease.

3 Wall Street analysts have issued 1 year price objectives for Air Lease's shares. Their forecasts range from $49.00 to $52.00. On average, they expect Air Lease's stock price to reach $50.33 in the next year. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for Air Lease.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Lease.

Press coverage about AL stock has trended very negative on Friday, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air Lease earned a news impact score of -3.0 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the company's share price in the near future. View News Stories for Air Lease.

Some companies that are related to Air Lease include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), WESCO International (WCC), Beacon Roofing Supply (BECN), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Lease investors own include Alibaba Group (BABA), Micron Technology (MU), Intel (INTC), Bank of America (BAC), Albemarle (ALB), Gilead Sciences (GILD), Walt Disney (DIS), General Electric (GE), QUALCOMM (QCOM) and Celgene (CELG).

Air Lease's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (5.18%), Douglas Lane & Associates LLC (1.29%), State Street Corp (1.25%), Provident Investment Management Inc. (0.84%), Massachusetts Financial Services Co. MA (0.71%) and Strs Ohio (0.60%). Company insiders that own Air Lease stock include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, Gregory B Willis, 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.

AL stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Icon Advisers Inc. Co., Copper Rock Capital Partners LLC, Boston Partners, SG Americas Securities LLC, Calamos Advisors LLC, Parnassus Investments CA and First Trust Advisors LP. Company insiders that have sold Air Lease company stock in the last year include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, Gregory B Willis, Jie Chen, John L Plueger, Kishore Korde, Marc H Baer and Steven F Udvar-Hazy. View Insider Buying and Selling for Air Lease.

AL stock was acquired by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, State of New Jersey Common Pension Fund D, Massachusetts Financial Services Co. MA, Scott & Selber Inc., State Street Corp, Sumitomo Mitsui Trust Holdings Inc., California Public Employees Retirement System and Man Group plc. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of AL stock can currently be purchased for approximately $45.58.

Air Lease has a market capitalization of $5.14 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.View Additional Information About Air Lease.

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

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]