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

Air Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "AL."

Air Lease announced 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 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Thursday, March 19th. View Air Lease's Dividend History.

Air Lease Corp (NYSE:AL) released its quarterly earnings results on Friday, February, 14th. The transportation company reported $1.42 EPS for the quarter, beating the Zacks' consensus estimate of $1.38 by $0.04. The transportation company earned $549 million during the quarter, compared to analysts' expectations of $537.84 million. Air Lease had a net margin of 29.11% and a return on equity of 10.89%. The business's revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.65 EPS. View Air Lease's Earnings History.

Air Lease is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Air Lease.

2 brokerages have issued 1-year target prices for Air Lease's stock. Their forecasts range from $51.00 to $52.00. On average, they expect Air Lease's share price to reach $51.50 in the next year. This suggests a possible upside of 35.1% from the stock's current price. View Analyst Price Targets 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.

News headlines about AL stock have been trending negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive media 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 positive five, with scores closest to five being the most favorable. Air Lease earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned press coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Air Lease.

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

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), Aircastle (AYR), Beacon Roofing Supply (BECN), WESCO International (WCC), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE).

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), Gilead Sciences (GILD), Intel (INTC), Walt Disney (DIS), AbbVie (ABBV), Albemarle (ALB), Bank of America (BAC) and Advanced Micro Devices (AMD).

Air Lease's stock is owned by a number of of institutional and retail investors. Top institutional investors 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, Steven F Udvar-Hazy and Susan Mccaw. View Institutional Ownership Trends for Air Lease.

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.

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. Company insiders that have bought Air Lease stock in the last two years include Steven F Udvar-Hazy and Susan Mccaw. View Insider Buying and Selling for 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.

One share of AL stock can currently be purchased for approximately $38.11.

Air Lease has a market capitalization of $4.32 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.

The official website for Air Lease is http://www.airleasecorp.com/.

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]