Air Lease (AL) Stock Price, News & Analysis

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AL shares.
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4 brokerages have issued 1-year target prices for Air Lease's shares. Their AL share price targets range from $43.00 to $60.00. On average, they predict the company's share price to reach $53.25 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for AL or view top-rated stocks among Wall Street analysts.

Air Lease's stock was trading at $41.94 at the start of the year. Since then, AL shares have increased by 16.1% and is now trading at $48.71.
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Air Lease saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,310,000 shares, an increase of 80.0% from the March 15th total of 2,950,000 shares. Based on an average trading volume of 1,450,000 shares, the short-interest ratio is presently 3.7 days. Currently, 5.1% of the company's stock are sold short.
View Air Lease's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our AL earnings forecast.

Air Lease will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "5952437".

Air Lease Co. (NYSE:AL) issued its earnings results on Thursday, February, 15th. The transportation company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.10 by $0.79. The transportation company earned $716.57 million during the quarter, compared to the consensus estimate of $672.95 million. Air Lease had a trailing twelve-month return on equity of 8.87% and a net margin of 22.89%. The company's quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 EPS.

Air Lease declared a quarterly dividend on Tuesday, February 13th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.21 per share on Wednesday, April 10th. This represents a $0.84 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for AL.

Air Lease (NYSE:AL) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.74%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 16.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AL will have a dividend payout ratio of 12.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AL.

ETFs with the largest weight of Air Lease (NYSE:AL) stock in their portfolio include Cambiar Aggressive Value ETF (CAMX), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Dorsey Wright Momentum & Value ETF (DVLU), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), Harbor Small Cap Explorer ETF (QWST), First Trust Dorsey Wright Momentum & Dividend ETF (DDIV), Avantis U.S. Small Cap Value ETF (AVUV) and iShares S&P Small-Cap 600 Value ETF (IJS).

15 employees have rated Air Lease Chief Executive Officer Ugo Ruffalo on Glassdoor.com. Ugo Ruffalo has an approval rating of 98% among the company's employees. This puts Ugo Ruffalo in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

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

Air Lease's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.81%), Reinhart Partners LLC. (1.29%), Douglas Lane & Associates LLC (0.80%), Parkside Investments LLC (0.17%), Ellis Investment Partners LLC (0.06%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Alex A Khatibi, Carol Hyland Forsyte, Grant A Levy, John L Plueger, Kishore Korde, Steven F Udvar-Hazy and Yvette Hollingsworth Clark.
View institutional ownership trends.

Shares of AL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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