Air Lease - AL Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AL shares.
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4 analysts have issued 12 month target prices for Air Lease's stock. Their AL share price forecasts range from $50.00 to $55.00. On average, they expect the company's share price to reach $52.67 in the next year. This suggests a possible upside of 28.1% from the stock's current price.
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Air Lease's stock was trading at $44.23 at the start of the year. Since then, AL shares have decreased by 7.0% and is now trading at $41.12.
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Air Lease saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,980,000 shares, an increase of 23.1% from the June 15th total of 2,420,000 shares. Based on an average trading volume of 698,400 shares, the days-to-cover ratio is currently 4.3 days. Approximately 2.9% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our AL earnings forecast.

Air Lease Co. (NYSE:AL) released its quarterly earnings data on Thursday, August, 4th. The transportation company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.10. The transportation company had revenue of $557.70 million for the quarter, compared to analyst estimates of $542.23 million. Air Lease had a positive trailing twelve-month return on equity of 7.88% and a negative net margin of 4.99%. Air Lease's revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.75 earnings per share.

Air Lease announced a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Monday, September 12th will be paid a dividend of $0.185 per share on Friday, October 7th. This represents a $0.74 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Friday, September 9th.
Read our dividend analysis for AL.

Air Lease (NYSE:AL) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.84%.
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 variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.45%), Price T Rowe Associates Inc. MD (3.28%), Artisan Partners Limited Partnership (2.90%), Royce & Associates LP (2.29%), Allspring Global Investments Holdings LLC (2.00%) and Thrivent Financial for Lutherans (1.71%). Insiders that own company 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.

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 $41.12.

Air Lease (NYSE:AL) has a market capitalization of $4.56 billion and generates $2.09 billion in revenue each year. The transportation company earns $436.63 million in net income (profit) each year or ($1.15) 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.