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

Sign in or create an account to add this stock to your watchlist.
$37.94 -0.35 (-0.91 %)
(As of 04/26/2019 06:00 AM ET)
Previous Close$38.29
Today's Range$37.67 - $38.3090
52-Week Range$28.13 - $47.34
Volume864,214 shs
Average Volume928,035 shs
Market Capitalization$4.22 billion
P/E Ratio8.25
Dividend Yield1.36%
Beta2.02
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.

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.

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$11.0291 per share
Book Value$46.19 per share

Profitability

Net Income$510.83 million

Miscellaneous

Employees97
Market Cap$4.22 billion
Next Earnings Date5/9/2019 (Confirmed)
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 declared a quarterly dividend on Friday, February 22nd. Investors of record on Wednesday, March 20th will be given a dividend of $0.13 per share on Wednesday, April 10th. This represents a $0.52 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Tuesday, March 19th. View Air Lease's Dividend History.

How were Air Lease's earnings last quarter?

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

How can I listen to Air Lease's earnings call?

Air Lease will be holding an earnings conference call on Thursday, May 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8553088321.

What price target have analysts set for AL?

9 Wall Street analysts have issued 12-month price targets for Air Lease's shares. Their predictions range from $45.00 to $93.00. On average, they anticipate Air Lease's share price to reach $57.3750 in the next twelve months. This suggests a possible upside of 51.2% from the stock's current price. View Analyst Price Targets for Air Lease.

What is the consensus analysts' recommendation for Air Lease?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 2 hold ratings, 6 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?

Media coverage about AL stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Air Lease earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

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 Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), Intel (INTC), General Electric (GE), Celgene (CELG), Gilead Sciences (GILD), IQIYI (IQ), NVIDIA (NVDA) and QUALCOMM (QCOM).

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, 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 a number of of institutional and retail investors. Top institutional investors include Ellis Investment Partners LLC (2.03%), Douglas Lane & Associates LLC (1.23%), Selz Capital LLC (1.08%), Strs Ohio (0.99%), Calamos Advisors LLC (0.67%) and Barton Investment Management (0.51%). 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 major investors are selling Air Lease stock?

AL stock was sold by a variety of institutional investors in the last quarter, including Selz Capital LLC, Huntington National Bank, Calamos Advisors LLC, Underhill Investment Management LLC, BTR Capital Management Inc., Strs Ohio, Ellis Investment Partners LLC and Oppenheimer & Co. Inc.. 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 major investors are buying Air Lease stock?

AL stock was purchased by a variety of institutional investors in the last quarter, including Ellis Investment Partners LLC, Copper Rock Capital Partners LLC, Cohen Klingenstein LLC, Douglas Lane & Associates LLC, Reinhart Partners Inc., Denali Advisors LLC, Denali Advisors LLC and Capital Management Corp VA. 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 $37.94.

How big of a company is Air Lease?

Air Lease has a market capitalization of $4.22 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. Air Lease employs 97 workers across the globe.

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:  3.0 out of 5 (star star star)
Outperform Votes:  498 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  817
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 4/26/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel