Air Lease - AL Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AL shares.
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3 analysts have issued 12 month price targets for Air Lease's stock. Their AL share price forecasts range from $50.00 to $52.00. On average, they anticipate the company's share price to reach $51.00 in the next year. This suggests a possible upside of 14.0% from the stock's current price.
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Air Lease's stock was trading at $38.42 on January 1st, 2023. Since then, AL stock has increased by 16.4% and is now trading at $44.73.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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Air Lease will be holding an earnings conference call on Thursday, February 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "5952437".

Air Lease Co. (NYSE:AL) issued its quarterly earnings results on Thursday, November, 4th. The transportation company reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.18. The transportation company earned $524.50 million during the quarter, compared to analysts' expectations of $484.58 million. Air Lease had a negative net margin of 4.78% and a positive trailing twelve-month return on equity of 7.95%. The firm's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.02 EPS.

Air Lease announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Friday, December 16th will be paid a dividend of $0.20 per share on Tuesday, January 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Thursday, December 15th. This is a boost from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for AL.

Air Lease (NYSE:AL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.76%.
Read our dividend analysis for AL.

15 employees have rated Air Lease Chief Executive Officer Ugo Ruffalo on Glassdoor.com. Ugo Ruffalo has an approval rating of 98% among the company's employees. This puts Ugo Ruffalo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Lease investors own include Alibaba Group (BABA), CVS Health (CVS), Delta Air Lines (DAL), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Bank of America (BAC), Advanced Micro Devices (AMD) and NVIDIA (NVDA).

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

Air Lease's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.15%), Copeland Capital Management LLC (1.34%), Douglas Lane & Associates LLC (1.21%), Cannell & Co. (1.13%), Reinhart Partners Inc. (1.08%) and Barton Investment Management (0.67%). Insiders that own company stock include Alex A Khatibi, Cheryl Gordon Krongard, Grant A Levy, Jie Chen, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
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Shares of AL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AL stock can currently be purchased for approximately $44.73.

Air Lease (NYSE:AL) has a market capitalization of $4.96 billion and generates $2.09 billion in revenue each year. The transportation company earns $436.63 million in net income (profit) each year or ($1.12) on an earnings per share basis.

The company employs 129 workers across the globe.

Air Lease's mailing address is 2000 AVENUE OF THE STARS SUITE 1000-N, LOS ANGELES CA, 90067. The official website for the company is www.airleasecorp.com. The transportation company can be reached via phone at (310) 553-0555, via email at investors@airleasecorp.com, or via fax at 310-553-0999.