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NYSE:ALAir Lease Stock Price, Forecast & News

$31.39
+0.57 (+1.85 %)
(As of 08/13/2020 11:03 AM ET)
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Compare
Today's Range
$31.34
Now: $31.39
$32.67
50-Day Range
$25.74
MA: $28.19
$31.39
52-Week Range
$8.41
Now: $31.39
$49.96
Volume895,200 shs
Average Volume1.50 million shs
Market Capitalization$3.57 billion
P/E Ratio6.05
Dividend Yield1.91%
Beta1.94
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, 2018, the company owned a fleet of 275 aircraft, including 207 narrowbody jet aircraft and 68 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.
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Air Lease logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.30 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.02 billion
Cash Flow$12.26 per share
Book Value$51.59 per share

Profitability

Net Income$587.12 million

Miscellaneous

Employees97
Market Cap$3.57 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$31.39
+0.57 (+1.85 %)
(As of 08/13/2020 11:03 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Air Lease (NYSE:AL) Frequently Asked Questions

How has Air Lease's stock price been impacted by Coronavirus (COVID-19)?

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 shares have increased by 1.6% and is now trading at $31.39.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Air Lease?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Air Lease
.

When is Air Lease's next earnings date?

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Air Lease
.

How were Air Lease's earnings last quarter?

Air Lease Corp (NYSE:AL) posted its earnings results on Thursday, August, 6th. The transportation company reported $1.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.04 by $0.22. The transportation company earned $521.35 million during the quarter, compared to the consensus estimate of $497.65 million. Air Lease had a net margin of 28.67% and a return on equity of 10.67%. The company's revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.51 earnings per share.
View Air Lease's earnings history
.

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

Air Lease declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.15 per share on Friday, October 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, September 10th.
View Air Lease's dividend history
.

What price target have analysts set for AL?

4 equities research analysts have issued 1 year target prices for Air Lease's stock. Their forecasts range from $29.00 to $51.00. On average, they anticipate Air Lease's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts' price targets for Air Lease
.

Has Air Lease been receiving favorable news coverage?

Headlines about AL stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Lease earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave news coverage about the transportation company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
View the latest news about Air Lease
.

Are investors shorting Air Lease?

Air Lease saw a drop in short interest in May. As of May 15th, there was short interest totaling 6,550,000 shares, a drop of 15.3% from the April 30th total of 7,730,000 shares. Based on an average trading volume of 2,200,000 shares, the short-interest ratio is presently 3.0 days. Approximately 6.2% of the company's stock are short sold.
View Air Lease's Short Interest
.

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), CVS Health (CVS), Walt Disney (DIS), Delta Air Lines (DAL), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Bank of America (BAC) and Costco Wholesale (COST).

Who are Air Lease's key executives?

Air Lease's management team includes the following 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, 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)

What is Air Lease's stock symbol?

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

Who are Air Lease's major shareholders?

Air Lease's stock is owned by many different institutional and retail investors. Top institutional investors include Lyrical Asset Management LP (3.12%), Goldman Sachs Group Inc. (1.47%), Douglas Lane & Associates LLC (1.24%), Cannell Peter B & Co. Inc. (1.15%), Thrivent Financial for Lutherans (0.84%) and Calamos Advisors LLC (0.72%). 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, John D Poerschke, John L Plueger, Kishore Korde, Marc H Baer, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
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 Calamos Advisors LLC, Huntington National Bank, Cannell Peter B & Co. Inc., Karani Asset Management LLC, Cambiar Investors LLC, Lateef Investment Management L.P., Natixis Advisors L.P., and Raymond James & Associates. Company insiders that have sold Air Lease company stock in the last year include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, Gregory B Willis, Jie Chen, Kishore Korde, Marc H Baer, and Steven F Udvar-Hazy.
View insider buying and selling activity for Air Lease
.

Which institutional investors are buying Air Lease stock?

AL stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., UBS Group AG, Ensign Peak Advisors Inc, Thrivent Financial for Lutherans, Lyrical Asset Management LP, Reinhart Partners Inc., Trexquant Investment LP, and Richard P Slaughter Associates Inc. Company insiders that have bought Air Lease stock in the last two years include Cheryl Gordon Krongard, Marshall O Larsen, Steven F Udvar-Hazy, and Susan Mccaw.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Air Lease's stock price today?

One share of AL stock can currently be purchased for approximately $31.39.

How big of a company is Air Lease?

Air Lease has a market capitalization of $3.57 billion and generates $2.02 billion in revenue each year. The transportation company earns $587.12 million in net income (profit) each year or $5.09 on an earnings per share basis. Air Lease employs 97 workers across the globe.

What is Air Lease's official website?

The official website for Air Lease is 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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

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