NYSE:AL - Air Lease Stock Price, News, & Analysis

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$32.90 -0.74 (-2.20 %)
(As of 03/20/2019 11:01 AM ET)
Previous Close$33.64
Today's Range$32.83 - $33.52
52-Week Range$28.13 - $47.34
Volume4,138 shs
Average Volume1.01 million shs
Market Capitalization$3.65 billion
P/E Ratio7.15
Dividend Yield1.52%
Beta2.03
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.

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Industry, Sector and Symbol

Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorTransportation
CUSIP00912X30
Phone310-553-0555

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.68 billion
Cash Flow$10.6472 per share
Book Value$46.19 per share

Profitability

Net Income$510.83 million

Miscellaneous

EmployeesN/A
Market Cap$3.65 billion
Next Earnings Date5/9/2019 (Estimated)
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 announced a quarterly dividend on Friday, February 22nd. Investors of record on Wednesday, March 20th will be paid a dividend of $0.13 per share on Wednesday, April 10th. This represents a $0.52 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, March 19th. View Air Lease's Dividend History.

How were Air Lease's earnings last quarter?

Air Lease Corp (NYSE:AL) posted its quarterly earnings results on Thursday, February, 21st. The transportation company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.23 by $0.01. The transportation company earned $449.98 million during the quarter, compared to analyst estimates of $457.55 million. Air Lease had a net margin of 30.41% and a return on equity of 11.45%. View Air Lease's Earnings History.

When is Air Lease's next earnings date?

Air Lease is scheduled to release their next quarterly earnings announcement on Thursday, May 9th 2019. View Earnings Estimates for Air Lease.

What price target have analysts set for AL?

8 brokerages have issued 12 month target prices for Air Lease's stock. Their forecasts range from $45.00 to $93.00. On average, they expect Air Lease's stock price to reach $58.1429 in the next twelve months. This suggests a possible upside of 76.7% from the stock's current price. View Analyst Price Targets for Air Lease.

What is the consensus analysts' recommendation for Air Lease?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 2 hold ratings, 5 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?

Headlines about AL stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Air Lease earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Who are some of Air Lease's key competitors?

What other stocks do shareholders of Air Lease own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Lease investors own include Alibaba Group (BABA), Micron Technology (MU), Bank of America (BAC), Intel (INTC), General Electric (GE), Celgene (CELG), Starbucks (SBUX), Gilead Sciences (GILD), TESARO (TSRO) and Intelsat (I).

Who are Air Lease's key executives?

Air Lease's management team includes the folowing people:
  • Mr. Steven F. Udvar-Házy, Exec. Chairman (Age 73)
  • Mr. John L. Plueger, CEO, Pres & Director (Age 65)
  • Mr. Gregory B. Willis II, CPA, Exec. VP & CFO (Age 40)
  • Mr. Grant A. Levy, Exec. VP of Marketing & Commercial Affairs (Age 56)
  • Mr. Jie Chen, Exec. VP & MD of Asia (Age 55)

Who are Air Lease's major shareholders?

Air Lease's stock is owned by many different of institutional and retail investors. Top institutional investors include Boston Partners (7.69%), BlackRock Inc. (4.16%), Dimensional Fund Advisors LP (4.14%), Royce & Associates LP (2.94%), FMR LLC (2.21%) and Basswood Capital Management L.L.C. (1.26%). 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 institutional investors are selling Air Lease stock?

AL stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Calamos Advisors LLC, Boston Partners, First Trust Advisors LP, FMR LLC, Beach Investment Counsel Inc. PA, Lord Abbett & CO. LLC and Barclays PLC. Company insiders that have sold Air Lease company stock in the last year include Grant A Levy, John D Poerschke and Marc H Baer. View Insider Buying and Selling for Air Lease.

Which institutional investors are buying Air Lease stock?

AL stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, CI Investments Inc., Royce & Associates LP, BlackRock Inc., Zweig DiMenna Associates LLC, Dimensional Fund Advisors LP, Victory Capital Management Inc. and Selz Capital LLC. 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 $32.90.

How big of a company is Air Lease?

Air Lease has a market capitalization of $3.65 billion and generates $1.68 billion in revenue each year. The transportation company earns $510.83 million in net income (profit) each year or $4.60 on an earnings per share basis.

What is Air Lease's official website?

The official website for Air Lease is http://www.airleasecorp.com.

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 [email protected]


MarketBeat Community Rating for Air Lease (NYSE AL)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  484 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  787
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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