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Air Lease (AL)
NYSE:AL
Air Lease (AL) Stock Price & Analysis
624 Followers
AL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.01 - $52.31
Previous Close$48.96
Volume214.00
Average Volume (3M)1.62M
Market Cap
$5.46B
Enterprise Value$24.38B
Total Cash (Recent Filing)$554.37M
Total Debt (Recent Filing)$19.48B
Price to Earnings (P/E)9.9
Beta1.20
Next Earnings
Aug 01, 2024EPS Estimate
$1.09Next Dividend Ex-Date
Jun 04, 2024Dividend Yield1.67%
Share Statistics
EPS (TTM)4.96
Shares Outstanding111,366,501
10 Day Avg. Volume1,146,695
30 Day Avg. Volume1,622,378
Standard Deviation0.12
R-Squared0.52
Alpha-0.00358
Financial Highlights & Ratios
Price to Book (P/B)0.74
Price to Sales (P/S)8.22
Price to Cash Flow (P/CF)2.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.99
Enterprise Value/Gross Profit9.08
Enterprise Value/Ebitda7.70
Forecast
1Y Price Target
$55.17Price Target Upside12.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Air Lease News
PremiumCompany Announcements
Air Lease First Quarter Financial Performance Insights
PremiumCompany Announcements
Air Lease Bolsters Liquidity with $7.8 Billion Credit FacilityBulls Say, Bears Say
Bulls Say
Financial PerformanceAir Lease is experiencing robust demand for aircraft, with sales margins surpassing historical averages.
Industry TrendsIndustry trends remain supportive with leasing contracts rates 14-15% higher than those signed two years ago, indicating potential for lease rate expansion.
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
Earnings MissLowering estimates and target marginally due to small revenue miss and lower-than-expected lease revenues.
Financial PerformanceElevated funding costs will weigh on 2024 cash flows.
Fleet ExpansionThe net gain of nine planes is lower than the expected nineteen-plane increase.
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Ownership Overview
13.75% Insiders
35.95% Mutual Funds
32.94% Other Institutional Investors
17.36% 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.
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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 $52.31 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 Aug 01, 2024 which is in 84 days.
How were Air Lease’s earnings last quarter?
Air Lease released its earnings results on May 06, 2024. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.941 by -$0.071.
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 $1.09.
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 $0.87 in its last earnings report, missing expectations of $0.941. Following the earnings report the stock price went down -7.294%.
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.
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Air Lease Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$55.17 (12.57% Upside)
$55.17 (12.57% Upside)
Blogger Sentiment
Bullish
AL Sentiment 100%
Sector Average 69%
Sector Average 69%
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 Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 10.4%
Last 30 Days ▲ 10.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.94%
12-Months-Change
Fundamentals
Return on Equity
8.50%
Trailing 12-Months
Asset Growth
5.28%
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.
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AL Earnings Call
Q1 2024
0:00 / 0:00
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AL Stock 12 Month Forecast
Average Price Target
$55.17
▲(12.57% Upside)
Technical Analysis
Best Analysts Covering AL
1 Year
1 Year Success Rate
15/18 ratings generated profit
1 Year Average Return
+19.93%
reiterated a buy rating 3 days ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +19.93% per trade.
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