Air Lease Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Air Lease stock.
View analyst ratings for Air Lease or view top-rated stocks.

Wall Street analysts have given Air Lease a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Air Lease wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Air Lease saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 15,400 shares, a decline of 99.6% from the June 15th total of 3,540,000 shares. Based on an average trading volume of 636,500 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.
View Air Lease's Short Interest.

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Air Lease.

Air Lease will be holding an earnings conference call on Thursday, August 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "2778579".

Air Lease Co. (NYSE:AL) released its earnings results on Wednesday, May, 5th. The transportation company reported $0.70 EPS for the quarter, missing the Zacks' consensus estimate of $0.95 by $0.25. The transportation company had revenue of $474.80 million for the quarter, compared to analysts' expectations of $507.04 million. Air Lease had a net margin of 23.41% and a trailing twelve-month return on equity of 7.61%. Air Lease's quarterly revenue was down 7.2% on a year-over-year basis. During the same period last year, the business earned $1.61 earnings per share.
View Air Lease's earnings history.

Air Lease's stock was trading at $30.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AL shares have increased by 37.5% and is now trading at $42.51.
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Air Lease declared a quarterly dividend on Thursday, May 6th. Stockholders of record on Tuesday, June 8th will be given a dividend of $0.16 per share on Friday, July 9th. This represents a $0.64 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Monday, June 7th.
View Air Lease's dividend history.

Air Lease pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.51%. Air Lease does not yet have a strong track record of dividend growth. The dividend payout ratio of Air Lease is 14.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Air Lease will have a dividend payout ratio of 12.31% next year. This indicates that Air Lease will be able to sustain or increase its dividend.
View Air Lease's dividend history.

3 brokers have issued 1-year price objectives for Air Lease's stock. Their forecasts range from $40.00 to $58.00. On average, they anticipate Air Lease's stock price to reach $49.33 in the next year. This suggests a possible upside of 16.1% from the stock's current price.
View analysts' price targets for Air Lease or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Air Lease include Fastenal (FAST), United Rentals (URI), W.W. Grainger (GWW), Watsco (WSO), WESCO International (WCC), MSC Industrial Direct (MSM), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), H&E Equipment Services (HEES), Kaman (KAMN), MRC Global (MRC) and Titan Machinery (TITN).
View all of AL's competitors.

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), The 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 variety of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (1.79%), Douglas Lane & Associates LLC (1.19%), Copeland Capital Management LLC (0.88%), Calamos Advisors LLC (0.69%), Peregrine Capital Management LLC (0.28%) and MUFG Securities EMEA plc (0.20%). 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, Kishore Korde, Marc H Baer, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
View institutional ownership trends for Air Lease.

AL stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Chapman Investment Management LLC, Oppenheimer & Co. Inc., Calamos Wealth Management LLC, Seelaus Asset Management LLC, Victory Capital Management Inc., Arizona State Retirement System, and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold Air Lease company stock in the last year include Alex A Khatibi, and Jie Chen.
View insider buying and selling activity for Air Lease or view top insider-selling stocks.

AL stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Copeland Capital Management LLC, MUFG Securities EMEA plc, Calamos Advisors LLC, New York State Common Retirement Fund, Advisor Group Holdings Inc., Leith Wheeler Investment Counsel Ltd., and Personal CFO Solutions LLC. Company insiders that have bought Air Lease stock in the last two years include Cheryl Gordon Krongard, Marshall O Larsen, and Susan Mccaw.
View insider buying and selling activity for Air Lease or or view top insider-buying stocks.

Shares of AL 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 $42.51.

Air Lease has a market capitalization of $4.85 billion and generates $2.02 billion in revenue each year. The transportation company earns $516.26 million in net income (profit) each year or $4.39 on an earnings per share basis.

Air Lease employs 120 workers across the globe.

The official website for Air Lease is www.airleasecorp.com.

Air Lease is headquartered at 2000 AVENUE OF THE STARS SUITE 1000-N, LOS ANGELES CA, 90067.

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]