Air Lease - AL 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" AL shares.
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3 brokers have issued 12 month price targets for Air Lease's stock. Their AL share price forecasts range from $50.00 to $52.00. On average, they predict the company's stock price to reach $51.00 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
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Air Lease's stock was trading at $38.42 on January 1st, 2023. Since then, AL stock has increased by 16.3% and is now trading at $44.70.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
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Air Lease will be holding an earnings conference call on Thursday, February 16th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "5952437".

Air Lease Co. (NYSE:AL) posted its earnings results on Thursday, November, 4th. The transportation company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.69 by $0.18. The transportation company earned $524.50 million during the quarter, compared to analyst estimates of $484.58 million. Air Lease had a positive trailing twelve-month return on equity of 7.95% and a negative net margin of 4.78%. The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company posted $1.02 EPS.

Air Lease announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Friday, December 16th will be paid a dividend of $0.20 per share on Tuesday, January 10th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Thursday, December 15th. This is a positive change from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for AL.

Air Lease (NYSE:AL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.79%.
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 number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.15%), Copeland Capital Management LLC (1.34%), Douglas Lane & Associates LLC (1.21%), Cannell & Co. (1.13%), Reinhart Partners Inc. (1.08%) and Gagnon Securities LLC (0.83%). Insiders that own company stock include Alex A Khatibi, Cheryl Gordon Krongard, Grant A Levy, Jie Chen, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
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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 $44.70.

Air Lease (NYSE:AL) has a market capitalization of $4.96 billion and generates $2.09 billion in revenue each year. The transportation company earns $436.63 million in net income (profit) each year or ($1.12) 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.