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 Friday, February 14th. Investors of record on Friday, March 20th will be given a dividend of $0.15 per share on Wednesday, April 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Thursday, March 19th. View Air Lease's Dividend History.

Air Lease Corp (NYSE:AL) released its quarterly earnings data on Friday, February, 14th. The transportation company reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.04. The transportation company earned $549 million during the quarter, compared to the consensus estimate of $537.84 million. Air Lease had a return on equity of 11.05% and a net margin of 29.11%. The firm's quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.65 EPS. View Air Lease's Earnings History.

Air Lease is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Air Lease.

2 brokers have issued twelve-month price objectives for Air Lease's stock. Their forecasts range from $51.00 to $52.00. On average, they anticipate Air Lease's share price to reach $51.50 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Air Lease.

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

News headlines about AL stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. 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 news impact score of -1.9 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Air Lease.

Air Lease saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 4,430,000 shares, a decline of 9.0% from the January 15th total of 4,870,000 shares. Based on an average daily trading volume, of 562,700 shares, the days-to-cover ratio is presently 7.9 days. Currently, 4.2% of the company's shares 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), Beacon Roofing Supply (BECN), Aircastle (AYR), WESCO International (WCC), 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), QUALCOMM (QCOM), Gilead Sciences (GILD), Intel (INTC), Albemarle (ALB), AbbVie (ABBV), Bank of America (BAC), Walt Disney (DIS) and Advanced Micro Devices (AMD).

Air Lease's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Capital International Investors (6.86%), Artisan Partners Limited Partnership (5.14%), Boston Partners (4.67%), FMR LLC (3.56%), Lyrical Asset Management LP (3.26%) and Royce & Associates LP (2.21%). 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 Bank of America Corp DE, Boston Partners, Royce & Associates LP, CI Investments Inc., Bamco Inc. NY, Parnassus Investments CA, Prudential Financial Inc. and Goldman Sachs Group Inc.. 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 FMR LLC, Karani Asset Management LLC, Reinhart Partners Inc., Capital International Investors, Penserra Capital Management LLC, Chapman Investment Management LLC, Artisan Partners Limited Partnership and Earnest Partners LLC. 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 $44.66.

Air Lease has a market capitalization of $5.06 billion and generates $2.02 billion in revenue each year. The transportation company earns $587.12 million in net income (profit) each year or $5.09 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]