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Air Lease (AL)
NYSE:AL
Air Lease (AL) Stock Price & Analysis
620 Followers
AL Stock Chart & Stats
Day’s Range$50.4 - $51.62
52-Week Range― - ―
Previous Close$51.4
Volume664.76K
Average Volume (3M)N/A
Market Cap
$5.68B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 06, 2024EPS Estimate
$0.94Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.61%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$50.60Price Target Upside-1.86% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Air Lease News
PremiumCompany Announcements
Air Lease Discusses Quarterly and Annual Financials
Bulls Say, Bears Say
Bulls Say
Company ValuationAL's stock is trading at a discount to book value in a period of strong industry performance, indicating potential for growth.
EarningsAir Lease reported revenue from aircraft sales beating expectations, with sales proceeds significantly higher than expected.
Financial PerformanceAircraft lease rates are on the rise and gain on sale margins remain high as demand for planes outpaces supply.
Bears Say
DividendsThe Series A preferred dividend resetting to a variable rate in June.
Financial PerformanceElevated funding costs will weigh on 2024 cash flows.
Fleet ExpansionAir Lease’s leasable fleet was modestly lower than the estimates.
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Ownership Overview
13.74% Insiders
35.85% Mutual Funds
30.71% Other Institutional Investors
19.70% 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?
Currently, no data Available
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 10 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 Overvalued.
Does Air Lease pay dividends?
Air Lease pays a Quarterly dividend of $0.21 which represents an annual dividend yield of 1.61%. See more information on Air Lease dividends here
What is Air Lease’s EPS estimate?
Air Lease’s EPS estimate is $0.94.
How many shares outstanding does Air Lease have?
Currently, no data Available
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.
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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:
$50.60 (-1.86% Downside)
$50.60 (-1.86% Downside)
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
Negative
Last 7 Days ▲ 0.2%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.15%
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.
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AL Earnings Call
Q4 2024
0:00 / 0:00
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AL Stock 12 Months Forecast
Average Price Target
$50.60
▼(-1.86% Downside)
Technical Analysis
Aercap Holdings
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Southwest Airlines
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United Airlines Holdings
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Air Transport Services
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Best Analysts Covering AL
1 Year
1 Year Success Rate
14/17 ratings generated profit
1 Year Average Return
+21.71%
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 +21.71% per trade.
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