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
626 Followers
AL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.01 - $52.31
Previous Close$48.55
Volume441.95K
Average Volume (3M)1.53M
Market Cap
$5.31B
Enterprise Value$24.24B
Total Cash (Recent Filing)$554.37M
Total Debt (Recent Filing)$19.48B
Price to Earnings (P/E)9.8
Beta1.19
Next Earnings
Aug 01, 2024EPS Estimate
$1.09Next Dividend Ex-Date
Jun 04, 2024Dividend Yield1.72%
Share Statistics
EPS (TTM)4.96
Shares Outstanding111,366,501
10 Day Avg. Volume597,503
30 Day Avg. Volume1,528,461
Standard Deviation0.12
R-Squared0.52
Alpha-0.00358
Financial Highlights & Ratios
Price to Book (P/B)0.73
Price to Sales (P/S)8.15
Price to Cash Flow (P/CF)3.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.94
Enterprise Value/Gross Profit9.03
Enterprise Value/Ebitda7.66
Forecast
1Y Price Target
$55.17Price Target Upside13.64% 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 GuidanceFull-year guidance is slightly above the prior range and near-term sales expectations are above consensus.
Industry TrendsIndustry trends remain supportive with leasing contracts rates 14-15% higher than those signed two years ago, indicating potential for lease rate expansion.
ValuationAL is trading at a discount to book value in a strong industry environment.
Bears Say
EarningsLower lease revenues and slightly higher SG&A costs have led to an adjusted pre-tax EPS miss.
Fleet SizeAir Lease’s leasable fleet was modestly lower than the estimates.
Stock PerformanceExpected share price return is at a negative 18.7%.
---
Ownership Overview
13.74% Insiders
35.91% Mutual Funds
50.01% Other Institutional Investors
0.34% 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 $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 68 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 1.72%. 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 147M.
---
Air Lease Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$55.17 (13.64% Upside)
$55.17 (13.64% Upside)
Blogger Sentiment
Bullish
AL Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 51.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.55%
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.
---
AL Earnings Call
Q1 2024
0:00 / 0:00
---
AL Stock 12 Month Forecast
Average Price Target
$55.17
▲(13.64% Upside)
Technical Analysis
Best Analysts Covering AL
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+19.43%
reiterated a buy rating 18 days ago
Copying Helane Becker's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +19.43% per trade.
---