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, 2017, the company owned a fleet of 244 aircraft, including 188 narrowbody jet aircraft and 56 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.
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$1.45 billion
Profitability
Miscellaneous
Employees87
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, November 8th. Shareholders of record on Thursday, December 13th will be paid a dividend of $0.13 per share on Wednesday, January 9th. This represents a $0.52 annualized dividend and a yield of 1.39%. The ex-dividend date is Wednesday, December 12th. This is a boost from Air Lease's previous quarterly dividend of $0.10. View Air Lease's Dividend History.
How were Air Lease's earnings last quarter?
Air Lease Corp (NYSE:AL) released its earnings results on Thursday, November, 8th. The transportation company reported $1.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.23 by $0.09. The transportation company had revenue of $450.70 million for the quarter, compared to the consensus estimate of $443.01 million. Air Lease had a return on equity of 11.44% and a net margin of 51.81%. The business's quarterly revenue was up 19.6% compared to the same quarter last year. During the same period last year, the business earned $1.50 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, February 21st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8553088321.
What price target have analysts set for AL?
12 Wall Street analysts have issued 1-year price objectives for Air Lease's shares. Their forecasts range from $32.00 to $93.00. On average, they expect Air Lease's share price to reach $55.05 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price. View Analyst Price Targets for Air Lease.
What is the consensus analysts' recommendation for Air Lease?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 1 sell rating, 2 hold ratings, 8 buy ratings and 1 strong buy rating 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 headlines about AL stock have trended very positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air Lease earned a coverage optimism score of 3.2 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are some of Air Lease's key competitors?
Some companies that are related to Air Lease include United Rentals (URI), AerCap (AER), Aaron's (AAN), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Rent-A-Center (RCII), Textainer Group (TGH), Exterran (EXTN), CAI International (CAI), General Finance (GFN), Black Diamond Group (BDIMF), MITCHAM INDUSTR/SH (MIND), Quest Resource (QRHC) and FlexShopper (FPAY).
Who are Air Lease's key executives?
Air Lease's management team includes the folowing people:
- Mr. Steven F. Udvar-Házy, Exec. Chairman (Age 72)
- Mr. John L. Plueger, CEO, Pres & Director (Age 64)
- Mr. Gregory B. Willis II, CPA, Exec. VP & CFO (Age 39)
- Mr. Grant A. Levy, Exec. VP of Marketing & Commercial Affairs (Age 55)
- Mr. Jie Chen, Exec. VP & MD of Asia (Age 54)
Who are Air Lease's major shareholders?
Air Lease's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (1.23%), Gagnon Securities LLC (0.70%), Barton Investment Management (0.51%), Gagnon Advisors LLC (0.24%), Greystone Investment Management LLC (0.18%) and Denali Advisors LLC (0.04%). Company insiders that own Air Lease stock include Alex A Khatibi, 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 Gradient Investments LLC, Greystone Investment Management LLC and Fox Run Management L.L.C.. Company insiders that have sold Air Lease company stock in the last year include Grant A Levy, Jie Chen, John D Poerschke, 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 acquired by a variety of institutional investors in the last quarter, including Gagnon Securities LLC, Gagnon Advisors LLC, Douglas Lane & Associates LLC, Barton Investment Management, Denali Advisors LLC, Cerebellum GP LLC, First Hawaiian Bank and Grassi Investment Management. 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, Scottrade, Fidelity and Charles Schwab.
What is Air Lease's stock price today?
One share of AL stock can currently be purchased for approximately $37.51.
How big of a company is Air Lease?
Air Lease has a market capitalization of $3.90 billion and generates $1.45 billion in revenue each year. The transportation company earns $756.15 million in net income (profit) each year or $3.65 on an earnings per share basis. Air Lease employs 87 workers across the globe.
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 md[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.
