Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Air Lease (AL)
NYSE:AL
Air Lease (AL) Stock Price & Analysis
618 Followers
AL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.01 - $51.77
Previous Close$49.55
Volume1.08M
Average Volume (3M)1.53M
Market Cap
$5.52B
Enterprise Value$24.24B
Total Cash (Recent Filing)$460.87M
Total Debt (Recent Filing)$19.18B
Price to Earnings (P/E)9.6
Beta1.20
Next Earnings
May 06, 2024EPS Estimate
$0.95Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.67%
Share Statistics
EPS (TTM)5.15
Shares Outstanding111,027,252
10 Day Avg. Volume844,540
30 Day Avg. Volume1,528,211
Standard Deviation0.12
R-Squared0.53
Alpha-0.00364
Financial Highlights & Ratios
Price to Book (P/B)0.76
Price to Sales (P/S)7.68
Price to Cash Flow (P/CF)2.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.03
Enterprise Value/Gross Profit9.03
Enterprise Value/Ebitda7.31
Forecast
1Y Price Target
$52.17Price Target Upside2.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Air Lease News
PremiumCompany Announcements
Air Lease Discusses Quarterly and Annual Financials
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFollowing a significant revenue beat, forward estimates and target price for the company have been raised.
Industry TrendsThe industry shows very supportive trends with lease rates increasing and a continued demand-supply imbalance.
Stock ValuationAL's stock is trading at a discount to book value in a period of strong industry performance, indicating potential for growth.
Bears Say
Financial PerformanceElevated funding costs will weigh on 2024 cash flows.
Fleet ExpansionAir Lease’s leasable fleet was modestly lower than the estimates.
Stock ValuationThe valuation of AL shares is very sensitive to geopolitical events that may affect global air routes.
---
Ownership Overview
13.74% Insiders
35.88% Mutual Funds
30.67% Other Institutional Investors
19.71% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
AL FAQ
What was Air Lease’s price range in the past 12 months?
Air Lease lowest stock price was $33.01 and its highest was $51.77 in the past 12 months.
What is Air Lease’s market cap?
Currently, no data Available
When is Air Lease’s upcoming earnings report date?
Air Lease’s upcoming earnings report date is May 06, 2024 which is in 12 days.
How were Air Lease’s earnings last quarter?
Air Lease released its earnings results on Feb 15, 2024. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.123 by $0.767.
Is Air Lease overvalued?
According to Wall Street analysts Air Lease’s price is currently Undervalued.
Does Air Lease pay dividends?
Air Lease pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 1.67%. See more information on Air Lease dividends here
What is Air Lease’s EPS estimate?
Air Lease’s EPS estimate is $0.95.
How many shares outstanding does Air Lease have?
Air Lease has 111,366,500 shares outstanding.
What happened to Air Lease’s price movement after its last earnings report?
Air Lease reported an EPS of $1.89 in its last earnings report, beating expectations of $1.123. Following the earnings report the stock price went down -4.797%.
Which hedge fund is a major shareholder of Air Lease?
Among the largest hedge funds holding Air Lease’s share is Royce & Associates LLC. It holds Air Lease’s shares valued at 119M.
---
Air Lease Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$52.17 (2.27% Upside)
$52.17 (2.27% Upside)
Blogger Sentiment
Bullish
AL Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 380.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.39%
12-Months-Change
Fundamentals
Return on Equity
8.90%
Trailing 12-Months
Asset Growth
8.31%
Trailing 12-Months
Company Description
Air Lease
Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.
---
AL Earnings Call
Q4 2024
0:00 / 0:00
---
AL Stock 12 Months Forecast
Average Price Target
$52.17
▲(2.27% Upside)
Technical Analysis
Best Analysts Covering AL
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+21.14%
reiterated a buy rating 2 months ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +21.14% per trade.
---