NYSE:ALAir Lease Stock Price, Forecast & News

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 stock has decreased by 13.5% and is now trading at $26.73. View which stocks have been most impacted by Coronavirus.

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.

Air Lease is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Air Lease.

Air Lease Corp (NYSE:AL) announced its quarterly earnings data on Thursday, May, 7th. The transportation company reported $1.17 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.28 by $0.11. The transportation company earned $511.39 million during the quarter, compared to the consensus estimate of $526.71 million. Air Lease had a return on equity of 10.60% and a net margin of 28.42%. Air Lease's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the company posted $1.67 earnings per share. View Air Lease's earnings history.

Air Lease declared a quarterly dividend on Wednesday, May 6th. Investors of record on Friday, June 5th will be given a dividend of $0.15 per share on Thursday, July 9th. This represents a $0.60 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, June 4th. View Air Lease's dividend history.

4 equities research analysts have issued twelve-month target prices 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 44.0% from the stock's current price. View analysts' price targets for Air Lease.

News headlines about AL stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news 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 -5 to 5, with scores nearest to five being the most favorable. Air Lease earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media stories about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAir Lease.

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), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Air Lease investors own include Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Micron Technology (MU), NVIDIA (NVDA), QUALCOMM (QCOM), CVS Health (CVS), Delta Air Lines (DAL), Gilead Sciences (GILD) and Bank of America (BAC).

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

Air Lease's stock is owned by many different retail and institutional investors. Top institutional investors include Capital International Investors (9.25%), Windacre Partnership LLC (8.19%), BlackRock Inc. (4.08%), Lyrical Asset Management LP (2.93%), Douglas Lane & Associates LLC (1.28%) and Cannell Peter B & Co. Inc. (1.27%). 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.

AL stock was sold by a variety of institutional investors in the last quarter, including Klingenstein Fields & Co. LLC, Strs Ohio, Vontobel Asset Management Inc., Lyrical Asset Management LP, Victory Capital Management Inc., Victory Capital Management Inc., Basswood Capital Management L.L.C., and BTR Capital Management 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.

AL stock was purchased by a variety of institutional investors in the last quarter, including Windacre Partnership LLC, Capital International Investors, Cannell Peter B & Co. Inc., Thrivent Financial for Lutherans, Rothschild & Co. Asset Management US Inc., Calamos Advisors LLC, SCP Investment LP, and Deutsche Bank AG. 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.

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 $26.73.

Air Lease has a market capitalization of $3.04 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.

The official website for Air Lease is 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]