NYSE:ALAir Lease Stock Price, Forecast & News Adding Choose a 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 Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $30.91 -0.12 (-0.39 %) (As of 08/14/2020 03:43 PM ET) Add Compare Share Today's Range$30.25Now: $30.91▼$31.2650-Day Range$25.74MA: $28.21▼$31.3952-Week Range$8.41Now: $30.91▼$49.96Volume9,676 shsAverage Volume1.49 million shsMarket Capitalization$3.52 billionP/E Ratio5.96Dividend Yield1.90%Beta1.94 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. As of December 31, 2018, the company owned a fleet of 275 aircraft, including 207 narrowbody jet aircraft and 68 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.Read More Beat the Market (BTM) Rank™ 2.5 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.50, Air Lease has a potential upside of 24.0% from its current price of $31.05.Amount of Analyst CoverageAir Lease has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesAir Lease has received 544 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAir Lease has received 369 “underperform” votes. (Add your “underperform” vote.)Community SentimentAir Lease has received 59.58% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 1.90%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAir Lease has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Air Lease is 11.79%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Air Lease will have a dividend payout ratio of 13.48% next year. This indicates that Air Lease will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,983,360.00 in company stock.Percentage Held by InsidersOnly 6.88% of the stock of Air Lease is held by insiders.Percentage Held by Institutions88.49% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Air Lease are expected to grow by 5.45% in the coming year, from $4.22 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 5.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 5.98, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.04.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 2.39. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAir Lease has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.30 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:AL Previous Symbol CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone310-553-0555Debt Debt-to-Equity Ratio2.49 Current Ratio1.89 Quick Ratio1.53Price-To-Earnings Trailing P/E Ratio5.96 Forward P/E Ratio7.32 P/E Growth2.39 Sales & Book Value Annual Sales$2.02 billion Price / Sales1.74 Cash Flow$12.07 per share Price / Cash Flow2.56 Book Value$51.59 per share Price / Book0.60Profitability EPS (Most Recent Fiscal Year)$5.09 Net Income$587.12 million Net Margins28.67% Return on Equity10.67% Return on Assets2.72%Miscellaneous Employees97 Outstanding Shares113,779,000Market Cap$3.52 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $30.91 -0.12 (-0.39 %) (As of 08/14/2020 03:43 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive AL News and Ratings via Email Sign-up to receive the latest news and ratings for AL and its competitors with MarketBeat's FREE daily newsletter. Air Lease (NYSE:AL) Frequently Asked Questions How has Air Lease's stock price been impacted by COVID-19 (Coronavirus)? Air Lease's stock was trading at $30.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, AL shares have increased by 0.0% and is now trading at $30.91. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Air Lease? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Air Lease. When is Air Lease's next earnings date? Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Air Lease. How were Air Lease's earnings last quarter? Air Lease Corp (NYSE:AL) issued its quarterly earnings data on Thursday, August, 6th. The transportation company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.04 by $0.22. The transportation company had revenue of $521.35 million for the quarter, compared to analysts' expectations of $497.65 million. Air Lease had a return on equity of 10.67% and a net margin of 28.67%. Air Lease's revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company earned $1.51 earnings per share. View Air Lease's earnings history. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.15 per share on Friday, October 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Thursday, September 10th. View Air Lease's dividend history. What price target have analysts set for AL? 4 brokerages have issued 12-month price objectives for Air Lease's shares. Their forecasts range from $29.00 to $51.00. On average, they anticipate Air Lease's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View analysts' price targets for Air Lease. Has Air Lease been receiving favorable news coverage? Press coverage about AL stock has been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Air Lease earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Air Lease. Are investors shorting Air Lease? Air Lease saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,190,000 shares, an increase of 26.4% from the June 15th total of 5,690,000 shares. Based on an average daily trading volume, of 1,460,000 shares, the short-interest ratio is presently 4.9 days. Currently, 6.8% of the company's shares are short sold. View Air Lease's Short Interest. Who are some of Air Lease's key competitors? Some companies that are related to Air Lease include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all 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), CVS Health (CVS), Walt Disney (DIS), Delta Air Lines (DAL), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Bank of America (BAC), Gilead Sciences (GILD) and NVIDIA (NVDA). Who are Air Lease's key executives? Air Lease's management team includes the following 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) 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.40%), Lyrical Asset Management LP (3.12%), FIL Ltd (1.60%), Goldman Sachs Group Inc. (1.47%), FMR LLC (1.43%) and Douglas Lane & Associates LLC (1.24%). 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, John D Poerschke, John L Plueger, Kishore Korde, Marc H Baer, Marshall O Larsen, Steven F Udvar-Hazy and Susan Mccaw. 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 Calamos Advisors LLC, Huntington National Bank, Cannell Peter B & Co. Inc., Karani Asset Management LLC, Cambiar Investors LLC, Lateef Investment Management L.P., Natixis Advisors L.P., and Vanguard 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, Kishore Korde, Marc H Baer, and Steven F Udvar-Hazy. View insider buying and selling activity for Air Lease. Which major investors are buying Air Lease stock? AL stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FIL Ltd, UBS Group AG, Ensign Peak Advisors Inc, Thrivent Financial for Lutherans, Lyrical Asset Management LP, Reinhart Partners Inc., and Trexquant Investment LP. Company insiders that have bought Air Lease stock in the last two years include Cheryl Gordon Krongard, Marshall O Larsen, Steven F Udvar-Hazy, and Susan Mccaw. View insider buying and selling activity 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 $30.91. How big of a company is Air Lease? Air Lease has a market capitalization of $3.52 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. What is Air Lease's official website? The official website for Air Lease is 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] This page was last updated on 8/14/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
