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

$43.33
-1.33 (-2.98 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$42.96
Now: $43.33
$44.56
50-Day Range
$42.94
MA: $45.91
$49.63
52-Week Range
$31.98
Now: $43.33
$49.96
Volume576,788 shs
Average Volume693,854 shs
Market Capitalization$4.91 billion
P/E Ratio8.51
Dividend Yield1.34%
Beta1.91
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. Read More…

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$2.02 billion
Cash Flow$11.71 per share
Book Value$49.61 per share

Profitability

Net Income$587.12 million

Miscellaneous

Employees97
Market Cap$4.91 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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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 14th. Investors of record on Friday, March 20th will be paid a dividend of $0.15 per share on Wednesday, April 8th. This represents a $0.60 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Thursday, March 19th. View Air Lease's Dividend History.

How were Air Lease's earnings last quarter?

Air Lease Corp (NYSE:AL) announced its quarterly earnings results on Friday, February, 14th. The transportation company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.38 by $0.04. The transportation company had revenue of $549 million for the quarter, compared to analyst estimates of $537.84 million. Air Lease had a return on equity of 10.89% and a net margin of 29.11%. The business's revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.65 EPS. 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 14th 2020. View Earnings Estimates for Air Lease.

What price target have analysts set for AL?

2 brokerages have issued 12-month target prices for Air Lease's shares. Their forecasts range from $51.00 to $52.00. On average, they anticipate Air Lease's stock price to reach $51.50 in the next year. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for Air Lease.

What is the consensus analysts' recommendation for Air Lease?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Air Lease.

Has Air Lease been receiving favorable news coverage?

News coverage about AL stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Air Lease earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Air Lease.

Are investors shorting Air Lease?

Air Lease saw a decline in short interest in January. As of January 31st, there was short interest totalling 4,430,000 shares, a decline of 9.0% from the January 15th total of 4,870,000 shares. Based on an average daily trading volume, of 562,700 shares, the days-to-cover ratio is currently 7.9 days. Approximately 4.2% of the shares of the company are short sold. View Air Lease's Current Options Chain.

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 Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Intel (INTC), Gilead Sciences (GILD), AbbVie (ABBV), Albemarle (ALB), Bank of America (BAC), Walt Disney (DIS) and Advanced Micro Devices (AMD).

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 many different of institutional and retail investors. Top institutional shareholders include Capital International Investors (6.86%), Artisan Partners Limited Partnership (5.14%), Boston Partners (4.67%), FMR LLC (3.56%), Lyrical Asset Management LP (3.26%) and Royce & Associates LP (2.21%). Company insiders that own Air Lease stock include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, Gregory B Willis, 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 Bank of America Corp DE, Boston Partners, Royce & Associates LP, CI Investments Inc., Bamco Inc. NY, Parnassus Investments CA, Prudential Financial Inc. and Goldman Sachs Group 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, John L Plueger, Kishore Korde, Marc H Baer and Steven F Udvar-Hazy. View Insider Buying and Selling for Air Lease.

Which major investors are buying Air Lease stock?

AL stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Karani Asset Management LLC, Reinhart Partners Inc., Capital International Investors, Penserra Capital Management LLC, Chapman Investment Management LLC, Artisan Partners Limited Partnership and Earnest Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Air Lease's stock price today?

One share of AL stock can currently be purchased for approximately $43.33.

How big of a company is Air Lease?

Air Lease has a market capitalization of $4.91 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.View Additional Information About Air Lease.

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:  534 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  893
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 2/23/2020 by MarketBeat.com Staff

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