NYSE:AL Air Lease (AL) Stock Price, News & Analysis → The new financial threat that could wipe out millions… (From InvestorPlace) (Ad) Free AL Stock Alerts $48.96 +1.17 (+2.45%) (As of 05:11 PM ET) Add Compare Share Share Today's Range$47.01▼$49.0050-Day Range$39.77▼$52.0052-Week Range$33.33▼$52.31Volume1.40 million shsAverage Volume1.32 million shsMarket Capitalization$5.45 billionP/E Ratio9.51Dividend Yield1.72%Price Target$53.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Air Lease alerts: Email Address Air Lease MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside10.2% Upside$53.80 Price TargetShort InterestHealthy4.32% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment0.39Based on 24 Articles This WeekInsider TradingSelling Shares$3.71 M Sold Last QuarterProj. Earnings Growth22.35%From $6.22 to $7.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.96 out of 5 starsTransportation Sector1st out of 114 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry1st out of 11 stocks 2.4 Analyst's Opinion Consensus RatingAir Lease has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAir Lease has only been the subject of 3 research reports in the past 90 days.Read more about Air Lease's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.32% of the float of Air Lease has been sold short.Short Interest Ratio / Days to CoverAir Lease has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Air Lease has recently decreased by 15.82%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 1.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAir Lease has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Air Lease is 16.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Air Lease will have a dividend payout ratio of 11.04% next year. This indicates that Air Lease will be able to sustain or increase its dividend.Read more about Air Lease's dividend. Previous Next 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAir Lease has received a -56.03% net impact score from Upright. The largest negative impact of Air Lease in category "GHG emissions" is driven by its "Narrow-body aircraft leasing", "Wide-body aircraft leasing", and "Regional jet aircraft leasing" products. See details.Environmental SustainabilityThe Environmental Impact score for Air Lease is -5.63. Previous Next 1.9 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Air Lease this week, compared to 5 articles on an average week.Search InterestOnly 7 people have searched for AL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Air Lease to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,705,152.00 in company stock.Percentage Held by InsidersOnly 6.64% of the stock of Air Lease is held by insiders.Percentage Held by Institutions94.59% of the stock of Air Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Air Lease's insider trading history. Previous Next 5.0 Earnings and Valuation Earnings GrowthEarnings for Air Lease are expected to grow by 22.35% in the coming year, from $6.22 to $7.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 9.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 9.48, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.80.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 0.64. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioAir Lease has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Air Lease's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsFidelity, Bezos, Goldman Bet Big on Tiny BiotechAre you ready for a major shift in the investment world? There's a new drug The Wall Street Journal is calling the "King Kong" of drugs.Don't miss out on the "next Ozempic" >>> About Air Lease Stock (NYSE:AL)Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors. The company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2023, it owned a fleet of 463 aircraft, including 345 narrowbody aircraft and 118 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.Read More AL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AL Stock News HeadlinesMay 8, 2024 | finance.yahoo.comIs Now The Time To Put Air Lease (NYSE:AL) On Your Watchlist?May 8, 2024 | americanbankingnews.comAir Lease (NYSE:AL) Given New $56.00 Price Target at TD CowenMay 8, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...May 8, 2024 | americanbankingnews.comAir Lease (NYSE:AL) Shares Gap Down After Earnings MissMay 7, 2024 | markets.businessinsider.comBuy Rating Upheld for Air Lease Amid Strong Earnings and Favorable Market PositionMay 7, 2024 | finance.yahoo.comAir Lease Corporation (NYSE:AL) Q1 2024 Earnings Call TranscriptMay 7, 2024 | sfgate.comAir Lease: Q1 Earnings SnapshotMay 7, 2024 | finance.yahoo.comAir Lease Corp (AL) (Q1 2024) Earnings Call Transcript Highlights: Robust Growth Amidst Market ...May 8, 2024 | Priority Gold (Ad)Biden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...May 6, 2024 | markets.businessinsider.comAir Lease corp. Q1 Profit Decreases, but beats estimatesMay 6, 2024 | msn.comAL Stock Earnings: Air Lease Beats EPS, Misses Revenue for Q1 2024May 6, 2024 | msn.comAir Lease’s stock declines as profit falls on aircraft shortageMay 6, 2024 | finance.yahoo.comAir Lease Corp (AL) Q1 2024 Earnings: Misses Analyst EPS Projections Amid Rising CostsMay 6, 2024 | reuters.comAir Lease Q1 profit misses estimates on higher interest expensesMay 6, 2024 | businesswire.comAir Lease Corporation Announces First Quarter 2024 ResultsMay 3, 2024 | finance.yahoo.comAir Lease (AL) to Report Q1 Earnings: What's in the Cards?May 2, 2024 | nytimes.com‘Where Is the Palestinian Gandhi?’May 2, 2024 | msn.comSenegal Tapestry Production Finds New Lease of LifeApril 29, 2024 | msn.comMemphis residents say environmental racism prompted pollution ‘cesspool,' wreaking havocApril 29, 2024 | businesswire.comAir Lease Corporation Increases Senior Unsecured Revolving Credit Facility to $7.8 BillionApril 29, 2024 | benzinga.comLooking Into Air Lease's Recent Short InterestApril 29, 2024 | americanbankingnews.comAir Lease (AL) to Release Earnings on MondayApril 28, 2024 | americanbankingnews.comAir Lease (NYSE:AL) Hits New 52-Week High at $52.31April 26, 2024 | msn.comTennessee legislature adjourns. Here’s what lawmakers did and did not accomplish this yearApril 21, 2024 | finance.yahoo.comAir Lease Corporation (AL)April 20, 2024 | msn.comPalestinians to Reconsider US Ties after Veto of Bid for Full UN Membership, Abbas saysApril 10, 2024 | finance.yahoo.comHere's Why You Should Hold SkyWest (SKYW) in Your PortfolioSee More Headlines Receive AL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Air Lease and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/10 Dividend3/14/2024Dividend Payable4/10/2024Last Earnings5/06/2024Today5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors Current SymbolNYSE:AL CUSIP00912X30 CIK1487712 Webwww.airleasecorp.com Phone(310) 553-0555Fax310-553-0999Employees163Year FoundedN/APrice Target and Rating Average Stock Price Target$53.80 High Stock Price Target$60.00 Low Stock Price Target$43.00 Potential Upside/Downside+12.6%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.15 Trailing P/E Ratio9.28 Forward P/E Ratio7.68 P/E Growth0.64Net Income$614.62 million Net Margins22.89% Pretax Margin28.07% Return on Equity8.87% Return on Assets2.06% Debt Debt-to-Equity Ratio2.68 Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$2.71 billion Price / Sales1.96 Cash Flow$15.17 per share Price / Cash Flow3.15 Book Value$64.49 per share Price / Book0.74Miscellaneous Outstanding Shares111,367,000Free Float103,972,000Market Cap$5.32 billion OptionableOptionable Beta1.63 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Steven F. Udvar-Hazy (Age 78)Executive Chairman of the Board Comp: $2.29MMr. John L. Plueger (Age 70)CEO, President & Director Comp: $3.52MMr. Gregory B. Willis II (Age 45)CPA, Executive VP & CFO Comp: $1.91MMs. Carol H. Forsyte (Age 61)Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer Comp: $2.04MMr. Grant A. Levy (Age 61)Executive Vice President of Marketing & Commercial Affairs Comp: $2.22MMr. Jason ArnoldVice President of Investor RelationsMs. Courtney McKeownSenior Vice President of Human ResourcesMr. Alex A. Khatibi (Age 63)Executive Vice President Mr. John D. Poerschke (Age 62)Executive Vice President of Aircraft Procurement & Specification Mr. Eric HoogenkampSenior Vice President of Technical Asset ManagementMore ExecutivesKey CompetitorsAlaska Air GroupNYSE:ALKRyder SystemNYSE:RFrontlineNYSE:FROGATXNYSE:GATXGXO LogisticsNYSE:GXOView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 163,400 shares on 5/8/2024Ownership: 0.502%Williams Jones Wealth Management LLC.Sold 19,132 shares on 5/8/2024Ownership: 0.202%US Bancorp DEBought 6,598 shares on 5/8/2024Ownership: 0.065%QRG Capital Management Inc.Bought 6,555 shares on 5/8/2024Ownership: 0.006%Inspire Advisors LLCBought 4,773 shares on 5/8/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions AL Stock Analysis - Frequently Asked Questions Should I buy or sell Air Lease stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Air Lease in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AL shares. View AL analyst ratings or view top-rated stocks. What is Air Lease's stock price target for 2024? 5 brokers have issued 1 year price objectives 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 $53.80 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for AL or view top-rated stocks among Wall Street analysts. How have AL shares performed in 2024? Air Lease's stock was trading at $41.94 at the beginning of the year. Since then, AL shares have increased by 16.4% and is now trading at $48.80. View the best growth stocks for 2024 here. Are investors shorting Air Lease? Air Lease saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 4,470,000 shares, a decline of 15.8% from the March 31st total of 5,310,000 shares. Based on an average daily volume of 1,500,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 4.3% of the shares of the company are short sold. View Air Lease's Short Interest. When is Air Lease's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our AL earnings forecast. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) issued its quarterly earnings results on Monday, May, 6th. The transportation company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $1.41 by $0.54. The transportation company had revenue of $663.31 million for the quarter, compared to analyst estimates of $677.26 million. Air Lease had a net margin of 22.89% and a trailing twelve-month return on equity of 8.87%. Air Lease's quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.06 earnings per share. How often does Air Lease pay dividends? What is the dividend yield for Air Lease? Air Lease declared a quarterly dividend on Friday, May 3rd. Investors of record on Tuesday, June 4th will be given a dividend of $0.21 per share on Monday, July 8th. This represents a $0.84 annualized dividend and a yield of 1.72%. The ex-dividend date is Tuesday, June 4th. Read our dividend analysis for AL. Is Air Lease a good dividend stock? Air Lease (NYSE:AL) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.65%. 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 11.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AL. What ETFs hold Air Lease's stock? 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 Industrials/Producer Durables AlphaDEX Fund (FXR), Harbor Small Cap Explorer ETF (QWST), WBI BullBear Quality 3000 ETF (WBIL), Avantis U.S. Small Cap Value ETF (AVUV), First Trust Mid Cap Value AlphaDEX Fund (FNK) and SPDR S&P 600 Small CapValue ETF (SLYV). What is Ugo Ruffalo's approval rating as Air Lease's CEO? 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. What other stocks do shareholders of Air Lease own? 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). Who are Air Lease's major shareholders? Air Lease's stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.81%), Reinhart Partners LLC. (1.29%), Douglas Lane & Associates LLC (0.80%), Barton Investment Management (0.67%), Russell Investments Group Ltd. (0.50%) and Principal Financial Group Inc. (0.48%). 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. How do I buy shares of Air Lease? 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. Compare Top Brokerages Here. 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