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DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
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What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
pixel
What's in Democrats' big bill? Climate, health care, savings
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NYSE:AL

Air Lease - AL Stock Forecast, Price & News

$38.27
+0.36 (+0.95%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$36.92
$39.08
50-Day Range
$30.14
$38.51
52-Week Range
$29.75
$50.99
Volume
925,732 shs
Average Volume
537,614 shs
Market Capitalization
$4.24 billion
P/E Ratio
N/A
Dividend Yield
1.93%
Price Target
$52.67

Air Lease MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.6% Upside
$52.67 Price Target
Short Interest
Bearish
3.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-5.63
Upright™ Environmental Score
News Sentiment
0.27mentions of Air Lease in the last 14 days
Based on 14 Articles This Week
Insider Trading
Acquiring Shares
$106,800 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.41) to $5.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Transportation Sector

44th out of 153 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

9th out of 16 stocks

AL stock logo

About Air Lease (NYSE:AL) Stock

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.

Air Lease Stock Up 0.9 %

NYSE:AL traded up $0.36 during mid-day trading on Friday, reaching $38.27. The stock had a trading volume of 925,732 shares, compared to its average volume of 537,614. The stock has a 50-day simple moving average of $34.47 and a two-hundred day simple moving average of $38.53. The company has a debt-to-equity ratio of 2.80, a quick ratio of 2.78 and a current ratio of 2.78. Air Lease has a 12 month low of $29.75 and a 12 month high of $50.99.

Air Lease (NYSE:AL - Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.05 by ($0.10). The firm had revenue of $557.70 million during the quarter, compared to the consensus estimate of $542.23 million. Air Lease had a negative net margin of 4.99% and a positive return on equity of 7.82%. The business's revenue was up 13.4% compared to the same quarter last year. During the same period last year, the business earned $0.75 earnings per share. On average, research analysts anticipate that Air Lease will post -1.41 EPS for the current year.

Air Lease Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 7th. Shareholders of record on Monday, September 12th will be paid a dividend of $0.185 per share. The ex-dividend date of this dividend is Friday, September 9th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.93%. Air Lease's payout ratio is presently -64.35%.

Wall Street Analysts Forecast Growth

Separately, Barclays cut their target price on shares of Air Lease from $61.00 to $55.00 and set an "overweight" rating for the company in a research note on Wednesday, July 13th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Air Lease currently has a consensus rating of "Moderate Buy" and an average price target of $52.67.

Insiders Place Their Bets

In related news, Chairman Steven F. Udvar-Hazy bought 3,000 shares of the firm's stock in a transaction on Wednesday, May 11th. The shares were purchased at an average price of $35.60 per share, with a total value of $106,800.00. Following the completion of the purchase, the chairman now owns 1,204,558 shares in the company, valued at approximately $42,882,264.80. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 6.57% of the company's stock.

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AL Stock News Headlines

Air Lease (AL) Q2 Earnings and Revenues Top Estimates
Air Lease Quarterly Profit Rises on Travel Rebound
Air Lease profit rises on travel rebound
Air Lease (AL) Set to Announce Quarterly Earnings on Thursday
Air Lease Corp Class A Stock Quote AL
Air Lease (NYSE:AL) Given New $55.00 Price Target at Barclays
See More Headlines
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AL Company Calendar

Ex-Dividend for 7/8 Dividend
6/06/2022
Dividend Payable
7/08/2022
Last Earnings
8/04/2022
Today
8/07/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
00912X30
Employees
129
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$52.67
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+37.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$436.63 million
Pretax Margin
-7.43%

Debt

Sales & Book Value

Annual Sales
$2.09 billion
Cash Flow
$12.19 per share
Book Value
$61.49 per share

Miscellaneous

Free Float
103,575,000
Market Cap
$4.24 billion
Optionable
Optionable
Beta
1.83

Key Executives

  • Mr. Steven F. Udvar-Hazy (Age 76)
    Exec. Chairman
    Comp: $2.1M
  • Mr. John L. Plueger (Age 68)
    CEO, Pres & Director
    Comp: $4.01M
  • Mr. Gregory B. Willis II (Age 43)
    CPA, CPA, Exec. VP & CFO
    Comp: $2.05M
  • Mr. Kishore Korde (Age 48)
    Exec. VP of Marketing
    Comp: $2.16M
  • Mr. Grant A. Levy (Age 59)
    Exec. VP of Marketing & Commercial Affairs
    Comp: $2.41M
  • Mr. Jason Arnold
    VP of Investor Relations
  • Ms. Carol H. Forsyte (Age 59)
    Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer
  • Ms. Courtney McKeown
    Sr. VP of HR
  • Mr. Alex A. Khatibi (Age 61)
    Exec. VP
  • Mr. John D. Poerschke (Age 60)
    Exec. VP of Aircraft Procurement & Specification













AL Stock - Frequently Asked Questions

Should I buy or sell Air Lease stock right now?

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.

What is Air Lease's stock price forecast for 2022?

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.

How has Air Lease's stock performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Air Lease?

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
.

When is Air Lease's next earnings date?

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

How were Air Lease's earnings last quarter?

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.

How often does Air Lease pay dividends? What is the dividend yield for Air Lease?

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
.

Is Air Lease a good dividend stock?

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.

What is Ugo Ruffalo's approval rating as Air Lease's CEO?

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.

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 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
.

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 $38.27.

How much money does Air Lease make?

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.

How many employees does Air Lease have?

Air Lease 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 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.

This page (NYSE:AL) was last updated on 8/7/2022 by MarketBeat.com Staff

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