NYSE:AL Air Lease - AL Stock Forecast, Price & News Adding Choose a watchlist: 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 Co. Please log in to your account or sign up in order to add this asset to your watchlist. $37.45 +0.12 (+0.32%) (As of 03/28/2023 11:15 AM ET) Add Compare Share Share Today's Range$37.21▼$37.7150-Day Range$36.51▼$45.4752-Week Range$29.75▼$47.00Volume137,006 shsAverage Volume559,467 shsMarket Capitalization$4.16 billionP/E RatioN/ADividend Yield2.14%Price Target$55.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Air Lease MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.5% Upside$55.33 Price TargetShort InterestHealthy1.84% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.30Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth28.91%From $5.05 to $6.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsTransportation Sector20th out of 123 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry3rd out of 12 stocks 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 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.33, Air Lease has a forecasted upside of 48.5% from its current price of $37.27.Amount of Analyst CoverageAir Lease has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.84% of the float of Air Lease has been sold short.Short Interest Ratio / Days to CoverAir Lease has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Air Lease has recently increased by 21.15%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 2.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAir Lease has been increasing its dividend for 9 years.Dividend SustainabilityBased on earnings estimates, Air Lease will have a dividend payout ratio of 12.29% next year. This indicates that Air Lease will be able to sustain or increase its dividend. Previous Next 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAir Lease has received a -56.03% net impact score from Upright. The largest negative impact of Air Lease in category "GHG emissions" is driven by its "Narrow-body aircraft leasing", "Wide-body aircraft leasing", and "Regional jet aircraft leasing" products. See details.Environmental SustainabilityThe Environmental Impact score for Air Lease is -5.63. Previous Next 2.4 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Air Lease this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for AL on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat Follows5 people have added Air Lease to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.57% of the stock of Air Lease is held by insiders.Percentage Held by Institutions88.77% 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 28.91% in the coming year, from $5.05 to $6.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is -32.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is -32.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.32. 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 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Air Lease (NYSE:AL) StockAir Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.Read More Receive AL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Air Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address AL Stock News HeadlinesMarch 23, 2023 | americanbankingnews.comAir Lease (NYSE:AL) Lifted to Buy at StockNews.comMarch 22, 2023 | msn.comTurkish Airlines Boeing 777 Rolls Out In IndiGo ColorsMarch 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsMarch 20, 2023 | finance.yahoo.comAir Lease Corporation Completes First Ever North American Corporate Sukuk OfferingMarch 7, 2023 | finance.yahoo.comThe Returns On Capital At Air Lease (NYSE:AL) Don't Inspire ConfidenceMarch 6, 2023 | finance.yahoo.comAir Lease Corporation Announces Lease Placement of Three New Airbus A350-900 Aircraft with Air FranceFebruary 28, 2023 | msn.comAir Lease rated Buy at Goldman Sachs in resumed research coverageFebruary 21, 2023 | seekingalpha.comAir Lease: Still A Mixed Outlook, Maintain HoldMarch 28, 2023 | Press Research (Ad)Nevada Could be the Source for America's Green FutureIndustry shift towards lithium driven by green energy goalsFebruary 20, 2023 | finance.yahoo.comAir Lease (AL) Q4 Earnings Surpass Estimates, High Costs AilFebruary 20, 2023 | finance.yahoo.comAir Lease Corporation (NYSE:AL) Q4 2022 Earnings Call TranscriptFebruary 17, 2023 | msn.comAir Lease says airplane deliveries aren’t improvingFebruary 16, 2023 | finance.yahoo.comAir Lease Corporation Announces Fourth Quarter & Fiscal Year 2022 ResultsFebruary 16, 2023 | msn.comAir Lease beats profit estimates on increased demand for airplanesFebruary 16, 2023 | finance.yahoo.comUPDATE 2-Norwegian Air swings to Q4 loss, expects strong demand aheadFebruary 16, 2023 | finance.yahoo.comShares of Aircraft Lessors Take Off in Tight Market for PlanesFebruary 13, 2023 | finance.yahoo.comAir Lease (AL) to Announce Q4 Earnings: What to Expect?February 9, 2023 | finance.yahoo.comEarnings Preview: Air Lease (AL) Q4 Earnings Expected to DeclineJanuary 18, 2023 | reuters.comJet delivery delays spark penalties battleJanuary 16, 2023 | seekingalpha.comAir Lease puts Airbus aircrafts on long-term contracts with Croatia AirlinesJanuary 16, 2023 | finance.yahoo.comAir Lease Corporation Announces Lease Placement of Six New Airbus A220 Aircraft with Croatia AirlinesJanuary 16, 2023 | finance.yahoo.comUPDATE 1-Air Lease's Udvar-Hazy sees jet deliveries disappointing again in 2023January 11, 2023 | finance.yahoo.comAir Lease Corporation Activity Update for the Fourth Quarter of 2022January 10, 2023 | msn.comAir Lease prices $700M senior unsecured medium-term notesJanuary 10, 2023 | finance.yahoo.comAir Lease Corporation Announces Fourth Quarter and Year End 2022 Earnings Conference CallJanuary 9, 2023 | finance.yahoo.comEven after rising 7.1% this past week, Air Lease (NYSE:AL) shareholders are still down 11% over the past five yearsDecember 21, 2022 | msn.comIndia to buy MQ-9 Reaper, the drone that killed Al-Qaeda chief Ayman al-ZawahiriSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Air Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address AL Company Calendar Last Earnings11/04/2021Ex-Dividend for 1/10 Dividend12/15/2022Dividend Payable1/10/2023Ex-Dividend for 4/12 Dividend3/15/2023Today3/27/2023Dividend Payable4/12/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:AL CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone(310) 553-0555Fax310-553-0999Employees129Year FoundedN/APrice Target and Rating Average Stock Price Forecast$55.33 High Stock Price Forecast$59.00 Low Stock Price Forecast$52.00 Forecasted Upside/Downside+48.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($1.15) Trailing P/E RatioN/A Forward P/E Ratio7.39 P/E Growth0.32Net Income$-97,020,000.00 Net Margins-4.64% Pretax Margin-5.99% Return on Equity8.10% Return on Assets1.89% Debt Debt-to-Equity Ratio2.80 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$2.32 billion Price / Sales1.79 Cash Flow$8.91 per share Price / Cash Flow4.19 Book Value$59.93 per share Price / Book0.62Miscellaneous Outstanding Shares111,015,000Free Float103,721,000Market Cap$4.14 billion OptionableOptionable Beta1.79 Key ExecutivesJohn L. PluegerPresident, Chief Executive Officer & DirectorGregory B. WillisChief Financial Officer & Executive VPJohn RojasVice President-Information TechnologyPablo ChavezAssistant Vice President-Information TechnologyCarol Hyland ForsyteSecretary, Chief Compliance Officer & Executive VPKey CompetitorsTextainer GroupNYSE:TGHTriton InternationalNYSE:TRTNKirbyNYSE:KEXRyder SystemNYSE:RFrontlineNYSE:FROView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Sold 3,755 shares on 3/6/2023Ownership: 0.030%NatixisSold 37,827 shares on 2/24/2023Ownership: 0.005%Truist Financial CorpSold 1,064 shares on 2/17/2023Ownership: 0.439%Wellington Shields & Co. LLCSold 310 shares on 2/16/2023Ownership: 0.005%State of WyomingSold 277 shares on 2/16/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions AL Stock - Frequently Asked Questions Should I buy or sell Air Lease stock right now? 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. View AL analyst ratings or view top-rated stocks. What is Air Lease's stock price forecast for 2023? 3 Wall Street analysts have issued 12 month price targets for Air Lease's shares. Their AL share price forecasts range from $52.00 to $59.00. On average, they expect the company's stock price to reach $55.33 in the next year. This suggests a possible upside of 48.2% from the stock's current price. View analysts price targets for AL or view top-rated stocks among Wall Street analysts. How have AL shares performed in 2023? Air Lease's stock was trading at $38.42 at the beginning of 2023. Since then, AL stock has decreased by 2.8% and is now trading at $37.33. View the best growth stocks for 2023 here. Are investors shorting Air Lease? Air Lease saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,890,000 shares, an increase of 21.2% from the February 28th total of 1,560,000 shares. Based on an average daily volume of 542,700 shares, the short-interest ratio is presently 3.5 days. Approximately 1.8% of the company's stock are sold short. View Air Lease's Short Interest. When is Air Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our AL earnings forecast. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) announced its earnings results on Thursday, November, 4th. The transportation company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.18. The transportation company earned $524.50 million during the quarter, compared to the consensus estimate of $484.58 million. Air Lease had a negative net margin of 4.64% and a positive trailing twelve-month return on equity of 8.10%. The firm's revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.02 earnings per share. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease declared a quarterly dividend on Thursday, February 16th. Investors of record on Thursday, March 16th will be paid a dividend of $0.20 per share on Wednesday, April 12th. This represents a $0.80 annualized dividend and a yield of 2.14%. The ex-dividend date is Wednesday, March 15th. Read our dividend analysis for AL. What ETFs hold Air Lease's stock? ETFs with the largest weight of Air Lease (NYSE:AL) stock in their portfolio include Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Avantis U.S. Small Cap Value ETF (AVUV), First Trust Mid Cap Value AlphaDEX Fund (FNK), Sterling Capital Diverse Multi-Manager Active ETF (DEIF), US Value ETF (USVT), Vanguard U.S. Value Factor (VFVA) and Capital Group Core Equity ETF (CGUS). Is Air Lease a good dividend stock? Air Lease (NYSE:AL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.19%. Read our dividend analysis for AL. What is Ugo Ruffalo's approval rating as Air Lease's CEO? 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. 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), 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). 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 a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.00%), JPMorgan Chase & Co. (3.96%), T. Rowe Price Investment Management Inc. (2.89%), Artisan Partners Limited Partnership (2.49%), Allspring Global Investments Holdings LLC (2.15%) and Thrivent Financial for Lutherans (1.71%). Insiders that own company stock include Alex A Khatibi, Grant A Levy, Jie Chen, Marshall O Larsen and Steven F Udvar-Hazy. View institutional ownership trends. How do I buy shares of 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. Compare Top Brokerages Here. What is Air Lease's stock price today? One share of AL stock can currently be purchased for approximately $37.33. How much money does Air Lease make? Air Lease (NYSE:AL) has a market capitalization of $4.14 billion and generates $2.32 billion in revenue each year. The transportation company earns $-97,020,000.00 in net income (profit) each year or ($1.15) on an earnings per share basis. How many employees does Air Lease have? The company employs 129 workers across the globe. 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 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. This page (NYSE:AL) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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