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

$20.93
-4.10 (-16.38 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$20.46
Now: $20.93
$24.04
50-Day Range
$10.81
MA: $34.23
$45.30
52-Week Range
$8.41
Now: $20.93
$49.96
Volume2.10 million shs
Average Volume1.71 million shs
Market Capitalization$2.38 billion
P/E Ratio4.11
Dividend Yield2.40%
Beta1.84
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. As of December 31, 2018, the company owned a fleet of 275 aircraft, including 207 narrowbody jet aircraft and 68 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.
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Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorTransportation
CUSIP00912X30
Phone310-553-0555

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.02 billion
Cash Flow$9.56 per share
Book Value$49.90 per share

Profitability

Net Income$587.12 million

Miscellaneous

Employees97
Market Cap$2.38 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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Air Lease (NYSE:AL) Frequently Asked Questions

How has Air Lease's stock been impacted by COVID-19 (Coronavirus)?

Air Lease's stock was trading at $30.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AL shares have decreased by 32.3% and is now trading at $20.93. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Air Lease?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Air Lease.

When is Air Lease's next earnings date?

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Air Lease.

How were Air Lease's earnings last quarter?

Air Lease Corp (NYSE:AL) announced its quarterly earnings results on Friday, February, 14th. The transportation company reported $1.42 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.04. The transportation company earned $549 million during the quarter, compared to analysts' expectations of $537.84 million. Air Lease had a return on equity of 10.89% and a net margin of 29.11%. The company's revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.65 EPS. View Air Lease's earnings history.

How often does Air Lease pay dividends? What is the dividend yield for Air Lease?

Air Lease declared a quarterly dividend on Friday, February 14th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.15 per share on Wednesday, April 8th. This represents a $0.60 annualized dividend and a yield of 2.87%. The ex-dividend date is Thursday, March 19th. View Air Lease's dividend history.

What price target have analysts set for AL?

4 equities research analysts have issued 12-month price objectives for Air Lease's shares. Their forecasts range from $29.00 to $52.00. On average, they anticipate Air Lease's stock price to reach $44.25 in the next twelve months. This suggests a possible upside of 111.4% from the stock's current price. View analysts' price targets for Air Lease.

Has Air Lease been receiving favorable news coverage?

Headlines about AL stock have been trending negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Lease earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutAir Lease.

Are investors shorting Air Lease?

Air Lease saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 5,662,900 shares, an increase of 36.5% from the February 27th total of 4,150,000 shares. Based on an average trading volume of 864,100 shares, the short-interest ratio is currently 6.6 days. Approximately 5.3% of the shares of the company are short sold. View Air Lease's Current Options Chain.

Who are some of Air Lease's key competitors?

What other stocks do shareholders of Air Lease own?

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), Walt Disney (DIS), Intel (INTC), Bank of America (BAC), CVS Health (CVS), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and AbbVie (ABBV).

Who are Air Lease's key executives?

Air Lease's management team includes the following 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)

What is Air Lease's stock symbol?

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

Who are Air Lease's major shareholders?

Air Lease's stock is owned by a variety of retail and institutional 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, Cheryl Gordon Krongard, Grant A Levy, Gregory B Willis, Jie Chen, John D Poerschke, John L Plueger, Kishore Korde, Marc H Baer, Steven F Udvar-Hazy and Susan Mccaw. View institutional ownership trends for Air Lease.

Which institutional investors are selling Air Lease stock?

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 activity for Air Lease.

Which institutional investors are buying Air Lease stock?

AL stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Karani Asset Management LLC, Reinhart Partners Inc., Capital International Investors, Penserra Capital Management LLC, Chapman Investment Management LLC, and Artisan Partners Limited Partnership. Company insiders that have bought Air Lease stock in the last two years include Cheryl Gordon Krongard, Steven F Udvar-Hazy, and Susan Mccaw. View insider buying and selling activity 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 $20.93.

How big of a company is Air Lease?

Air Lease has a market capitalization of $2.38 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.

What is Air Lease's official website?

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

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  538 (Vote Outperform)
Underperform Votes:  365 (Vote Underperform)
Total Votes:  903
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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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