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.
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Industry, Sector and Symbol
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorTransportation
Phone310-553-0555
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.68 billion
Profitability
Miscellaneous
Employees97
Next Earnings Date11/7/2019 (Confirmed)
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 declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Sunday, September 15th will be given a dividend of $0.13 per share on Friday, October 4th. This represents a $0.52 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, September 12th. View Air Lease's Dividend History.
How were Air Lease's earnings last quarter?
Air Lease Corp (NYSE:AL) issued its quarterly earnings data on Thursday, August, 8th. The transportation company reported $1.10 earnings per share for the quarter, missing analysts' consensus estimates of $1.27 by $0.17. The transportation company had revenue of $471.40 million for the quarter, compared to analysts' expectations of $483.40 million. Air Lease had a return on equity of 11.16% and a net margin of 30.00%. The firm's revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.44 earnings per share. View Air Lease's Earnings History.
When is Air Lease's next earnings date?
How can I listen to Air Lease's earnings call?
Air Lease will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for AL?
4 brokers have issued twelve-month price targets for Air Lease's stock. Their predictions range from $45.00 to $52.00. On average, they anticipate Air Lease's stock price to reach $49.00 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Price Targets for Air Lease.
What is the consensus analysts' recommendation for Air Lease?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Lease.
Has Air Lease been receiving favorable news coverage?
News stories about AL stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Air Lease.
Are investors shorting Air Lease?
Air Lease saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 6,810,000 shares, a decrease of 8.1% from the August 30th total of 7,410,000 shares. Based on an average daily trading volume, of 730,100 shares, the days-to-cover ratio is presently 9.3 days. Approximately 6.5% of the company's shares are sold short. View Air Lease's Current Options Chain.
Who are some of Air Lease's key competitors?
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), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), WESCO International (WCC), Aircastle (AYR), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).
What other stocks do shareholders of Air Lease own?
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 a variety of of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (1.29%), Strs Ohio (0.60%), Calamos Advisors LLC (0.57%), Barton Investment Management (0.52%), Copper Rock Capital Partners LLC (0.45%) and Cambiar Investors LLC (0.25%). Company insiders that own Air Lease stock include 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 major investors are selling Air Lease stock?
AL stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Copper Rock Capital Partners LLC, Calamos Advisors LLC, Douglas Lane & Associates LLC, Ingalls & Snyder LLC, BTR Capital Management Inc., Mountain Pacific Investment Advisers Inc. ID and Signaturefd LLC. Company insiders that have sold Air Lease company stock in the last year include Grant A Levy, Jie Chen, John L Plueger, Kishore Korde, Marc H Baer and Steven F Udvar-Hazy. View Insider Buying and Selling for Air Lease.
Which major investors are buying Air Lease stock?
AL stock was purchased by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Scott & Selber Inc., Barton Investment Management, Cohen Klingenstein LLC, Envestnet Asset Management Inc., Aldebaran Financial Inc., Leith Wheeler Investment Counsel Ltd. and Denali Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Air Lease's stock price today?
One share of AL stock can currently be purchased for approximately $43.72.
How big of a company is Air Lease?
Air Lease has a market capitalization of $4.88 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.
What is Air Lease's official website?
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)
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.
