Air Lease Corporation Company Profile (NYSE:AL)

About Air Lease Corporation (NYSE:AL)

Air Lease Corporation logoAir Lease Corporation is an aircraft leasing company. The Company is principally engaged in purchasing new commercial jet transport aircraft directly from aircraft manufacturers, such as The Boeing Company (Boeing) and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines across the world. Along with its leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines. The Company also provides fleet management services to investors and owners of aircraft portfolios for a management fee. The Company provides aircraft to airline customers in various markets, such as Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa and North America. As of December 31, 2016, the Company had 237 owned aircraft and 30 aircraft in its managed fleet portfolio.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Commercial Equipment Rental
  • Sub-Industry: Trading Companies & Distributors
  • Symbol: NYSE:AL
  • CUSIP: 00912X30
  • Web: www.airleasecorp.com
Capitalization:
  • Market Cap: $4.55 billion
  • Outstanding Shares: 103,212,000
Average Prices:
  • 50 Day Moving Avg: $41.81
  • 200 Day Moving Avg: $39.16
  • 52 Week Range: $29.26 - $44.78
P/E:
  • Trailing P/E Ratio: 12.85
  • Foreward P/E Ratio: 10.86
  • P/E Growth: 0.90
Sales & Book Value:
  • Annual Revenue: $1.47 billion
  • Price / Sales: 3.10
  • Book Value: $34.47 per share
  • Price / Book: 1.28
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 0.7%
Profitability:
  • Net Margins: 25.64%
  • Return on Equity: 10.99%
  • Return on Assets: 2.64%
Debt:
  • Debt-to-Equity Ratio: 2.61%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 667,008 shs.
  • Beta: 1.79
  • Short Ratio: 8.18
 

Frequently Asked Questions for Air Lease Corporation (NYSE:AL)

What is Air Lease Corporation's stock symbol?

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

How often does Air Lease Corporation pay dividends? What is the dividend yield for Air Lease Corporation?

Air Lease Corporation announced a quarterly dividend on Friday, August 4th. Investors of record on Wednesday, September 13th will be paid a dividend of $0.075 per share on Friday, October 6th. This represents a $0.30 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend is Tuesday, September 12th. View Air Lease Corporation's Dividend History.

How were Air Lease Corporation's earnings last quarter?

Air Lease Corporation (NYSE:AL) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.92 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.08. The company earned $380.59 million during the quarter, compared to analysts' expectations of $375.14 million. Air Lease Corporation had a net margin of 25.64% and a return on equity of 10.99%. Air Lease Corporation's quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.39 earnings per share. View Air Lease Corporation's Earnings History.

When will Air Lease Corporation make its next earnings announcement?

Air Lease Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Air Lease Corporation.

Where is Air Lease Corporation's stock going? Where will Air Lease Corporation's stock price be in 2017?

8 brokerages have issued twelve-month price objectives for Air Lease Corporation's shares. Their predictions range from $42.00 to $80.00. On average, they anticipate Air Lease Corporation's stock price to reach $50.13 in the next year. View Analyst Ratings for Air Lease Corporation.

Who are some of Air Lease Corporation's key competitors?

Who are Air Lease Corporation's key executives?

Air Lease Corporation's management team includes the folowing people:

  • Steven F. Udvar-Hazy, Executive Chairman of the Board
  • John L. Plueger, President, Chief Executive Officer, Director
  • Gregory B. Willis, Chief Financial Officer, Executive Vice President
  • Jie Chen, Executive Vice President, Managing Director of Asia
  • Marc H. Baer, Executive Vice President - Marketing and Commercial Affairs
  • Grant Allan Levy, Executive Vice President of Marketing and Commercial Affairs
  • Robert Aaron Milton, Lead Director, Independent Director
  • Matthew J. Hart, Independent Director
  • Cheryl Gordon Krongard, Independent Director
  • Marshall O. Larsen, Independent Director

Who owns Air Lease Corporation stock?

Air Lease Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (1.74%), Denali Advisors LLC (0.10%) and Leith Wheeler Investment Counsel Ltd. (0.04%). Company insiders that own Air Lease Corporation stock include Alex A Khatibi, Grant A Levy, Ian M Saines, Jie Chen, John D Poerschke, Kishore Korde, Marc H Baer and Robert A Milton. View Institutional Ownership Trends for Air Lease Corporation.

Who sold Air Lease Corporation stock? Who is selling Air Lease Corporation stock?

Air Lease Corporation's stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC. Company insiders that have sold Air Lease Corporation stock in the last year include Alex A Khatibi, Grant A Levy, Ian M Saines, Jie Chen, John D Poerschke, Kishore Korde, Marc H Baer and Robert A Milton. View Insider Buying and Selling for Air Lease Corporation.

Who bought Air Lease Corporation stock? Who is buying Air Lease Corporation stock?

Air Lease Corporation's stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC and Leith Wheeler Investment Counsel Ltd.. View Insider Buying and Selling for Air Lease Corporation.

How do I buy Air Lease Corporation stock?

Shares of Air Lease Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Air Lease Corporation's stock price today?

One share of Air Lease Corporation stock can currently be purchased for approximately $44.09.


MarketBeat Community Rating for Air Lease Corporation (NYSE AL)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  462
MarketBeat's community ratings are surveys of what our community members think about Air Lease Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Air Lease Corporation (NYSE:AL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $50.13 (13.69% upside)
Consensus Price Target History for Air Lease Corporation (NYSE:AL)
Price Target History for Air Lease Corporation (NYSE:AL)
Analysts' Ratings History for Air Lease Corporation (NYSE:AL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Bank of America CorporationSet Price TargetHold$44.00 -> $47.00N/AView Rating Details
9/29/2017Royal Bank Of CanadaBoost Price TargetTop Pick -> Top Pick$79.00 -> $80.00HighView Rating Details
8/4/2017Cowen and CompanyBoost Price TargetOutperform -> Outperform$41.00 -> $45.00HighView Rating Details
7/10/2017Barclays PLCInitiated CoverageOverweight$48.00MediumView Rating Details
7/4/2017Morgan StanleyBoost Price Target$40.00 -> $42.00LowView Rating Details
5/15/2017FBR & CoLower Price TargetOutperform$47.00 -> $45.00N/AView Rating Details
1/4/2017Compass PointInitiated CoverageBuy$46.00N/AView Rating Details
11/1/2016StephensInitiated CoverageOverweight$48.00N/AView Rating Details
5/20/2016Credit Suisse GroupReiterated RatingBuyN/AView Rating Details
3/14/2016Citigroup Inc.Boost Price TargetBuy$33.00 -> $50.50N/AView Rating Details
2/19/2016DA DavidsonLower Price TargetBuy$42.00N/AView Rating Details
11/13/2015J P Morgan Chase & CoUpgradeNeutral -> Overweight$40.50 -> $41.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Air Lease Corporation (NYSE:AL)
Earnings by Quarter for Air Lease Corporation (NYSE:AL)
Earnings History by Quarter for Air Lease Corporation (NYSE AL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017$0.86N/AView Earnings Details
8/3/2017Q2 2017$0.84$0.92$375.14 million$380.59 millionViewListenView Earnings Details
2/23/2017Q4 2016$0.86$0.89$360.63 million$370.50 millionViewListenView Earnings Details
11/3/2016Q3$0.81$0.86$356.47 million$355.10 millionViewListenView Earnings Details
2/25/2016Q415$0.71$1.21$320.34 million$326.70 millionViewListenView Earnings Details
11/5/2015Q315$0.70$0.71$309.46 million$313.00 millionViewListenView Earnings Details
8/6/2015Q215$0.66$0.70$303.52 million$304.70 millionViewListenView Earnings Details
5/7/2015Q115$0.61$0.61$274.98 million$278.31 millionViewListenView Earnings Details
2/26/2015Q414$0.61$0.65$274.07 million$285.90 millionViewListenView Earnings Details
11/6/2014Q314$0.56$0.58$261.50 million$262.00 millionViewListenView Earnings Details
8/7/2014Q214$0.53$0.58$246.16 million$256.30 millionViewListenView Earnings Details
5/8/2014Q114$0.51$0.57$238.42 million$246.28 millionViewListenView Earnings Details
2/27/2014Q413$0.48$0.55$226.39 million$242.90 millionViewListenView Earnings Details
11/7/2013Q313$0.43$0.46$216.12 million$215.90 millionViewListenView Earnings Details
8/8/2013Q2 2013$0.41$0.41$207.00 million$207.90 millionViewListenView Earnings Details
5/9/2013Q1 2013$0.41$0.38$195.98 million$192.00 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.38$0.38$182.08 million$190.10 millionViewListenView Earnings Details
11/8/2012Q312$0.33$0.36$172.27 million$174.90 millionViewN/AView Earnings Details
8/9/2012$0.27$0.28ViewN/AView Earnings Details
5/14/2012$0.28$0.26ViewN/AView Earnings Details
3/9/2012$0.22$0.25ViewN/AView Earnings Details
11/10/2011$0.16$0.18ViewN/AView Earnings Details
8/11/2011$0.06$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Air Lease Corporation (NYSE:AL)
2017 EPS Consensus Estimate: $3.62
2018 EPS Consensus Estimate: $4.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.85$0.88$0.87
Q2 20172$0.86$0.88$0.87
Q3 20172$0.91$0.93$0.92
Q4 20172$0.96$0.97$0.97
Q1 20182$1.01$1.04$1.03
Q2 20182$1.07$1.08$1.08
Q3 20182$1.12$1.14$1.13
Q4 20182$1.16$1.19$1.18
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Air Lease Corporation (NYSE:AL)
Most Recent Dividend:10/6/2017
Annual Dividend:$0.30
Dividend Yield:0.68%
Dividend Growth:38.70% (3 Year Average)
Payout Ratio:8.70% (Trailing 12 Months of Earnings)
8.70% (Based on This Year's Estimates)
7.39% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Air Lease Corporation (NYSE:AL)

Dividend History by Quarter for Air Lease Corporation (NYSE AL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.080.7%9/12/20179/13/201710/6/2017
5/5/2017quarterly$0.080.82%6/12/20176/14/20177/11/2017
2/23/2017quarterly$0.080.79%3/16/20173/20/20174/7/2017
11/4/2016quarterly$0.080.94%12/8/201612/12/20161/9/2017
8/4/2016quarterly$0.050.7%9/8/20169/12/201610/6/2016
5/6/2016quarterly$0.050.62%6/9/20166/13/20167/7/2016
2/25/2016quarterly$0.050.68%3/17/20163/21/20164/5/2016
11/6/2015quarterly$0.050.57%12/10/201512/14/20151/6/2016
8/7/2015quarterly$0.040.44%9/8/20159/10/201510/6/2015
5/7/2015quarterly$0.040.41%6/11/20156/15/20157/6/2015
2/26/2015quarterly$0.040.42%3/18/20153/20/20154/7/2015
11/6/2014quarterly$0.040.43%12/10/201412/12/20141/5/2015
8/8/2014quarterly$0.030.32%9/11/20149/15/201410/6/2014
5/9/2014quarterly$0.030.31%6/12/20146/16/20147/7/2014
3/3/2014quarterly$0.030.33%3/18/20143/20/20144/7/2014
11/11/2013quarterly$0.030.38%12/13/201312/17/20131/7/2014
8/8/2013quarterly$0.030.37%9/13/20139/17/201310/7/2013
5/10/2013quarterly$0.030.33%6/13/20136/17/20137/8/2013
3/1/2013special$0.033/19/20133/21/20133/26/2013
2/28/2013quarterly$0.033/21/20133/26/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Air Lease Corporation (NYSE:AL)
Insider Ownership Percentage: 9.76%
Institutional Ownership Percentage: 92.16%
Insider Trades by Quarter for Air Lease Corporation (NYSE:AL)
Institutional Ownership by Quarter for Air Lease Corporation (NYSE:AL)
Insider Trades by Quarter for Air Lease Corporation (NYSE:AL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Jie ChenEVPSell4,000$43.00$172,000.00View SEC Filing  
9/11/2017Alex A KhatibiEVPSell11,000$40.00$440,000.00View SEC Filing  
8/23/2017Marc H BaerEVPSell7,562$39.72$300,362.64View SEC Filing  
8/8/2017Jie ChenEVPSell10,000$43.00$430,000.00View SEC Filing  
6/13/2017Grant A LevyEVPSell27,854$38.16$1,062,908.64View SEC Filing  
6/1/2017Kishore KordeEVPSell2,000$38.00$76,000.00View SEC Filing  
4/28/2017Kishore KordeEVPSell2,000$38.00$76,000.00View SEC Filing  
3/16/2017Jie ChenEVPSell30,000$39.14$1,174,200.00View SEC Filing  
3/15/2017John D PoerschkeEVPSell3,959$39.09$154,757.31View SEC Filing  
12/16/2016Alex A KhatibiEVPSell10,871$35.09$381,463.39View SEC Filing  
12/13/2016Grant A LevyEVPSell9,000$36.06$324,540.00View SEC Filing  
12/5/2016Ian M. SainesDirectorSell6,630$36.00$238,680.00View SEC Filing  
12/2/2016Marc H BaerEVPSell3,140$35.48$111,407.20View SEC Filing  
11/8/2016Robert A MiltonDirectorSell30,000$31.73$951,900.00View SEC Filing  
1/4/2016Marc H BaerEVPSell1,500$32.62$48,930.00View SEC Filing  
12/1/2015Marc H BaerEVPSell1,500$33.56$50,340.00View SEC Filing  
11/2/2015Marc H BaerEVPSell1,500$33.65$50,475.00View SEC Filing  
10/1/2015Marc H BaerEVPSell1,500$30.91$46,365.00View SEC Filing  
9/1/2015Marc H BaerEVPSell1,500$31.50$47,250.00View SEC Filing  
8/24/2015Steven F Udvar-HazyCEOBuy3,000$30.23$90,690.00View SEC Filing  
7/1/2015Marc H BaerEVPSell1,500$34.04$51,060.00View SEC Filing  
6/15/2015Marc H BaerEVPSell1,500$35.49$53,235.00View SEC Filing  
5/1/2015Marc H BaerEVPSell2,000$38.73$77,460.00View SEC Filing  
4/1/2015Marc H BaerEVPSell2,000$37.65$75,300.00View SEC Filing  
3/2/2015Marc H BaerEVPSell2,000$38.07$76,140.00View SEC Filing  
2/27/2015Jie ChenDirectorSell4,024$40.18$161,684.32View SEC Filing  
2/2/2015Marc H BaerEVPSell2,000$34.97$69,940.00View SEC Filing  
1/27/2015Grant A LevyEVPSell1,500$35.27$52,905.00View SEC Filing  
1/2/2015Marc H BaerEVPSell2,000$34.53$69,060.00View SEC Filing  
12/1/2014Marc H BaerEVPSell2,000$37.83$75,660.00View SEC Filing  
11/3/2014Marc H BaerEVPSell2,000$36.71$73,420.00View SEC Filing  
10/24/2014Grant A LevyEVPSell1,500$35.00$52,500.00View SEC Filing  
10/1/2014Marc H BaerEVPSell2,000$32.03$64,060.00View SEC Filing  
9/2/2014Marc H BaerEVPSell2,000$38.32$76,640.00View SEC Filing  
9/2/2014Steven F Udvar-HazyCEOSell10,000$38.09$380,900.00View SEC Filing  
8/8/2014Steven F Udvar-HazyCEOSell10,000$37.00$370,000.00View SEC Filing  
8/4/2014Alex A KhatibiEVPSell1,250$35.68$44,600.00View SEC Filing  
8/1/2014Alex A KhatibiEVPSell1,250$34.28$42,850.00View SEC Filing  
7/14/2014Alex A KhatibiEVPSell2,500$36.94$92,350.00View SEC Filing  
7/1/2014Grant A LevyEVPSell3,000$38.55$115,650.00View SEC Filing  
7/1/2014Steven F Udvar-HazyCEOSell10,000$38.48$384,800.00View SEC Filing  
6/16/2014Marc H BaerEVPSell2,000$37.81$75,620.00View SEC Filing  
6/12/2014John L PluegerCOOBuy10,000$37.98$379,800.00View SEC Filing  
6/11/2014Cheryl Gordon KrongardDirectorBuy5,000$41.00$205,000.00View SEC Filing  
6/2/2014Grant A LevyEVPSell3,000$41.56$124,680.00View SEC Filing  
6/2/2014Jie ChenDirectorSell2,500$41.62$104,050.00View SEC Filing  
6/2/2014Steven F Udvar-HazyCEOSell23,580$41.66$982,342.80View SEC Filing  
5/15/2014Marshall LarsenDirectorBuy2,500$39.15$97,875.00View SEC Filing  
5/14/2014Marc BaerEVPSell2,000$39.35$78,700.00View SEC Filing  
5/13/2014Steven Udvar-HazyCEOSell3,100$40.04$124,124.00View SEC Filing  
5/12/2014Jie ChenDirectorSell5,000$40.00$200,000.00View SEC Filing  
5/1/2014Grant LevyEVPSell3,000$35.89$107,670.00View SEC Filing  
4/23/2014Steven Udvar-HazyCEOSell6,469$37.00$239,353.00View SEC Filing  
4/14/2014Grant LevyEVPSell3,000$36.00$108,000.00View SEC Filing  
3/12/2014John PoerschkeSVPSell5,020$36.67$184,083.40View SEC Filing  
3/11/2014Alex KhatibiEVPSell23,270$36.98$860,524.60View SEC Filing  
3/5/2014Marc BaerEVPSell15,000$36.62$549,300.00View SEC Filing  
11/26/2013Wilbur Ross, Jr.DirectorSell4,250,000$28.98$123,165,000.00View SEC Filing  
6/6/2013Ares Management LlcMajor ShareholderSell3,062,787$26.75$81,929,552.25View SEC Filing  
6/5/2013John G DanhaklDirectorSell3,062,787$26.57$81,378,250.59View SEC Filing  
3/14/2013Ian M SainesDirectorBuy6,630$28.42$188,424.60View SEC Filing  
(Data available from 1/1/2013 forward)

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Air Lease Corporation (AL) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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