Air Lease Stock Forecast, Price & News

3 Wall Street equities 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 equities research analysts is that investors should "buy" Air Lease stock.
View analyst ratings for Air Lease or view top-rated stocks.

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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 Co. (NYSE:AL) announced its quarterly earnings data on Wednesday, May, 5th. The transportation company reported $0.70 EPS for the quarter, missing the Thomson Reuters' 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 trailing twelve-month return on equity of 7.61% and a net margin of 23.41%. The firm's quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.61 EPS.
View Air Lease's earnings history.

Air Lease's stock was trading at $30.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AL stock has increased by 47.7% and is now trading at $45.64.
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Air Lease announced a quarterly dividend on Thursday, May 6th. Investors 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 annualized dividend and a yield of 1.40%. 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 1.38%. 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 12.36% next year. This indicates that Air Lease will be able to sustain or increase its dividend.
View Air Lease's dividend history.

3 equities research analysts have issued 12-month price targets for Air Lease's shares. 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 8.1% from the stock's current price.
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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), W.W. Grainger (GWW), United Rentals (URI), 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), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC) and Titan Machinery (TITN).
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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 number of institutional and retail investors. Top institutional shareholders include Capital International Investors (9.59%), Windacre Partnership LLC (8.20%), BlackRock Inc. (5.47%), Dimensional Fund Advisors LP (5.12%), Artisan Partners Limited Partnership (3.92%) and Lyrical Asset Management LP (3.17%). 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 Windacre Partnership LLC, Capital International Investors, Artisan Partners Limited Partnership, FIL Ltd, Cannell Peter B & Co. Inc., Arrowstreet Capital Limited Partnership, Neuberger Berman Group LLC, and Royal Bank of Canada. 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 acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, UBS Group AG, Nuveen Asset Management LLC, Copeland Capital Management LLC, Assenagon Asset Management S.A., Braun Stacey Associates Inc., JPMorgan Chase & Co., and D. E. Shaw & Co. Inc.. 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 $45.64.

Air Lease has a market capitalization of $5.21 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]