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 announced a quarterly dividend on Thursday, November 7th. Shareholders 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 1.29%. The ex-dividend date of this dividend is Thursday, December 19th. This is an increase from Air Lease's previous quarterly dividend of $0.13. View Air Lease's Dividend History.

Air Lease Corp (NYSE:AL) posted its quarterly earnings data on Thursday, November, 7th. The transportation company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.05. The transportation company earned $531 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.73 EPS. 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 anticipate Air Lease's stock price to reach $50.33 in the next twelve months. This suggests a possible upside of 8.0% 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.

News stories about AL stock have trended negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Air Lease earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Air Lease.

Air Lease saw a decline in short interest during the month of November. As of November 29th, there was short interest totalling 6,010,000 shares, a decline of 8.2% from the November 14th total of 6,550,000 shares. Based on an average daily trading volume, of 542,000 shares, the days-to-cover ratio is presently 11.1 days. Approximately 5.7% of the shares of the company are short sold. View Air Lease's Current Options Chain.

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 Cisco Systems (CSCO).

Air Lease's stock is owned by many different of retail and institutional 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 bought 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 $46.62.

Air Lease has a market capitalization of $5.25 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]