Air Lease - AL Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Air Lease stock.
View analyst ratings for Air Lease or view top-rated stocks.

4 Wall Street analysts have issued 12 month price targets for Air Lease's shares. Their AL stock forecasts range from $50.00 to $55.00. On average, they expect Air Lease's stock price to reach $52.67 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
View analysts' price targets for Air Lease or view top-rated stocks among Wall Street analysts.

Air Lease's stock was trading at $44.23 at the beginning of 2022. Since then, AL stock has decreased by 13.5% and is now trading at $38.27.
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Air Lease saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,980,000 shares, an increase of 23.1% from the June 15th total of 2,420,000 shares. Based on an average daily volume of 698,400 shares, the short-interest ratio is presently 4.3 days. Approximately 2.9% of the company's stock are sold short.
View Air Lease's Short Interest.

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our earnings forecast for Air Lease.

Air Lease Co. (NYSE:AL) announced its earnings results on Thursday, August, 4th. The transportation company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.10. The transportation company had revenue of $557.70 million for the quarter, compared to the consensus estimate of $542.23 million. Air Lease had a negative net margin of 4.99% and a positive trailing twelve-month return on equity of 7.82%. Air Lease's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 earnings per share.

Air Lease announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Monday, September 12th will be given a dividend of $0.185 per share on Friday, October 7th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Friday, September 9th.
View Air Lease's dividend history.

Air Lease(NYSE:AL) pays an annual dividend of $0.74 per share and currently has a dividend yield of 1.93%.
View Air Lease's dividend history.

15 employees have rated Air Lease CEO Ugo Ruffalo on Glassdoor.com. Ugo Ruffalo has an approval rating of 98% among Air Lease'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 shareholders include Royce & Associates LP (2.29%), Allspring Global Investments Holdings LLC (2.00%), Douglas Lane & Associates LLC (1.22%), Copeland Capital Management LLC (1.17%), Reinhart Partners Inc. (1.07%) and Cooke & Bieler LP (1.01%). 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, Kishore Korde, Marc H Baer, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw.
View institutional ownership trends for Air Lease.

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 $38.27.

Air Lease (NYSE:AL) has a market capitalization of $4.24 billion and generates $2.09 billion in revenue each year. The transportation company earns $436.63 million in net income (profit) each year or ($1.15) on an earnings per share basis.

Air Lease 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 Air Lease 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.