NYSE:ALAir Lease Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Air Lease Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $29.59 +1.07 (+3.75 %) (As of 05/27/2020 10:46 AM ET) Add Compare Share Today's Range$29.13Now: $29.59▼$30.2250-Day Range$18.89MA: $23.94▼$26.9852-Week Range$8.41Now: $29.59▼$49.96Volume47,407 shsAverage Volume1.36 million shsMarket Capitalization$3.36 billionP/E Ratio5.88Dividend Yield2.24%Beta2.02 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingAir Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.50, Air Lease has a potential upside of 29.0% from its current price of $29.84.Amount of Analyst CoverageAir Lease has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesAir Lease has received 543 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAir Lease has received 368 “underperform” votes. (Add your “underperform” vote.)Community SentimentAir Lease has received 59.60% “outperform” votes from our community.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. Previous Next 4.2 Dividend Strength Dividend LeadershipAir Lease is a leading dividend payer. It pays a dividend yield of 2.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAir Lease has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Air Lease is 11.79 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Air Lease will have a dividend payout ratio of 16.13 % next year. This indicates that Air Lease will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have bought more of their company's stock than they have sold. Specifically, they have bought $318,172.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.88% of the stock of Air Lease is held by insiders.Percentage Held by Institutions91.44% of the stock of Air Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Air Lease are expected to grow by 3.62% in the coming year, from $3.59 to $3.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 5.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 5.93, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.41.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAir Lease has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 3.0Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:AL Previous Symbol CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone310-553-0555Debt Debt-to-Equity Ratio2.51 Current Ratio1.53 Quick Ratio1.53Price-To-Earnings Trailing P/E Ratio5.88 Forward P/E Ratio8.24 P/E Growth0.81 Sales & Book Value Annual Sales$2.02 billion Price / Sales1.67 Cash Flow$13.33 per share Price / Cash Flow2.22 Book Value$50.48 per share Price / Book0.59Profitability EPS (Most Recent Fiscal Year)$5.09 Net Income$587.12 million Net Margins28.42% Return on Equity10.60% Return on Assets2.71%Miscellaneous Employees97 Outstanding Shares113,640,000Market Cap$3.36 billion Next Earnings Date8/13/2020 (Estimated) OptionableOptionable AL Rates by TradingView Receive AL News and Ratings via Email Sign-up to receive the latest news and ratings for AL and its competitors with MarketBeat's FREE daily newsletter. Air Lease (NYSE:AL) Frequently Asked Questions How has Air Lease's stock been impacted by COVID-19 (Coronavirus)? Air Lease's stock was trading at $30.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AL stock has decreased by 3.5% and is now trading at $29.84. View which stocks have been most impacted by Coronavirus. 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, August 13th 2020. View our earnings forecast for Air Lease. How were Air Lease's earnings last quarter? Air Lease Corp (NYSE:AL) posted its quarterly earnings data on Thursday, May, 7th. The transportation company reported $1.17 earnings per share for the quarter, missing analysts' consensus estimates of $1.28 by $0.11. The transportation company had revenue of $511.39 million for the quarter, compared to analysts' expectations of $526.71 million. Air Lease had a return on equity of 10.60% and a net margin of 28.42%. The business's revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.67 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, May 6th. Investors of record on Friday, June 5th will be given a dividend of $0.15 per share on Thursday, July 9th. This represents a $0.60 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, June 4th. View Air Lease's dividend history. What price target have analysts set for AL? 4 Wall Street analysts have issued 12-month target prices for Air Lease's shares. Their forecasts range from $29.00 to $51.00. On average, they anticipate Air Lease's share price to reach $38.50 in the next year. This suggests a possible upside of 29.0% from the stock's current price. View analysts' price targets for Air Lease. Has Air Lease been receiving favorable news coverage? Media headlines about AL stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Air Lease earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutAir Lease. Who are some of Air Lease's key competitors? Some companies that are related to Air Lease include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all 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), Walt Disney (DIS), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), QUALCOMM (QCOM), CVS Health (CVS), Delta Air Lines (DAL), Gilead Sciences (GILD) and Bank of America (BAC). 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 Capital International Investors (9.25%), Windacre Partnership LLC (8.19%), BlackRock Inc. (4.08%), Lyrical Asset Management LP (2.93%), Douglas Lane & Associates LLC (1.28%) and Cannell Peter B & Co. Inc. (1.27%). 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 Klingenstein Fields & Co. LLC, Strs Ohio, Vontobel Asset Management Inc., Lyrical Asset Management LP, Victory Capital Management Inc., Victory Capital Management Inc., Basswood Capital Management L.L.C., and BTR Capital Management Inc.. 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 Windacre Partnership LLC, Capital International Investors, Cannell Peter B & Co. Inc., Thrivent Financial for Lutherans, Rothschild & Co. Asset Management US Inc., Calamos Advisors LLC, SCP Investment LP, and Deutsche Bank AG. 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 $29.84. How big of a company is Air Lease? Air Lease has a market capitalization of $3.39 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 5/27/2020 by MarketBeat.com Staff
