Top MarketRank™ StocksTop MarketRank™NYSE:AL Air Lease (AL) Stock Price, News & Analysis $42.48 -1.33 (-3.04%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$42.43▼$44.3150-Day Range$40.68▼$49.9552-Week Range$33.33▼$52.31Volume687,885 shsAverage Volume1.04 million shsMarket Capitalization$4.73 billionP/E Ratio8.56Dividend Yield1.98%Price Target$54.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Air Lease alerts: Email Address Air Lease MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.9% Upside$54.75 Price TargetShort InterestBearish3.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-5.63Upright™ Environmental ScoreNews Sentiment1.03Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth19.31%From $6.68 to $7.97 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.4.93 out of 5 starsTransportation Sector2nd out of 120 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry1st out of 12 stocks 3.5 Analyst's Opinion Consensus RatingAir Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, 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 2.0 Short Interest Percentage of Shares Shorted3.39% 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 4.6.Change versus previous monthShort interest in Air Lease has recently increased by 45.45%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldAir Lease pays a meaningful dividend of 1.91%, 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 16.94%. 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 10.54% 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 2.8 News and Social Media Coverage News SentimentAir Lease has a news sentiment score of 1.03. 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 is a higher news sentiment than the 0.53 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Air Lease this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for AL on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows4 people have added Air Lease to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Air Lease insiders have not sold or bought any 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 4.4 Earnings and Valuation Earnings GrowthEarnings for Air Lease are expected to grow by 19.31% in the coming year, from $6.68 to $7.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Air Lease is 8.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Air Lease is 8.56, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.49.Price to Earnings Growth RatioAir Lease has a PEG Ratio of 1.00. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioAir Lease has a P/B Ratio of 0.65. 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 True Gold RepublicChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… . Click here now to get your free 'De-Dollarization' Guide. 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 HeadlinesSeptember 5 at 5:35 PM | finance.yahoo.comAviation leasing: Why AerCap is flying higher than Air LeaseAugust 26, 2024 | finance.yahoo.comIs Now The Time To Look At Buying Air Lease Corporation (NYSE:AL)?September 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 17, 2024 | msn.comJCPenney to shutter 4 stores, including 1 in New England, report saysAugust 14, 2024 | wsj.comAir Lease Corp.August 9, 2024 | msn.com10 stunning old theaters you must visit in AlabamaAugust 6, 2024 | markets.businessinsider.comAir Lease’s Strong Orderbook and Growth Potential Reinforce Buy RatingAugust 4, 2024 | seekingalpha.comAir Lease Stock Crashes On Recession Fears, But Remains A BuySeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 3, 2024 | msn.comAir Lease Corporation (NYSE:AL) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | markets.businessinsider.comAir Lease: Short-Term Setbacks Overwhelmed by Promising Long-Term ProspectsAugust 2, 2024 | seekingalpha.comAir Lease Corporation (AL) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | theglobeandmail.comAir Lease (NYSE:AL) Reports Sales Below Analyst Estimates In Q2 EarningsAugust 2, 2024 | finance.yahoo.comAir Lease Corporation Announces Second Quarter 2024 ResultsAugust 2, 2024 | gurufocus.comQ2 2024 Air Lease Corp Earnings Call TranscriptJuly 31, 2024 | msn.comAir Lease Q2 2024 Earnings PreviewJuly 29, 2024 | finance.yahoo.comAir Lease Corporation Announces Delivery of First of Six New Airbus A220 Aircraft to Croatia AirlinesJuly 29, 2024 | markets.businessinsider.comAir Lease Announces Delivery Of The First Of Six New Airbus A220-300 Aircraft To Croatia AirlinesSee 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 7/8 Dividend6/04/2024Dividend Payable7/08/2024Last Earnings8/01/2024Ex-Dividend for 10/9 Dividend9/06/2024Today9/07/2024Dividend Payable10/09/2024Next Earnings (Estimated)11/04/2024Fiscal 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) 553-0555Fax310-553-0999Employees150Year FoundedN/APrice Target and Rating Average Stock Price Target$54.75 High Stock Price Target$58.00 Low Stock Price Target$52.00 Potential Upside/Downside+28.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$4.96 Trailing P/E Ratio8.56 Forward P/E Ratio6.36 P/E Growth1Net Income$614.62 million Net Margins20.85% Pretax Margin25.66% Return on Equity8.97% Return on Assets2.11% Debt Debt-to-Equity Ratio2.69 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$2.71 billion Price / Sales1.75 Cash Flow$15.01 per share Price / Cash Flow2.83 Book Value$65.61 per share Price / Book0.65Miscellaneous Outstanding Shares111,367,000Free Float103,972,000Market Cap$4.73 billion OptionableOptionable Beta1.59 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsWatscoNYSE:WSOApplied Industrial TechnologiesNYSE:AITWESCO InternationalNYSE:WCCBeacon Roofing SupplyNASDAQ:BECNGATXNYSE:GATXView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 37,645 shares on 9/5/2024Ownership: 0.034%Dana Investment Advisors Inc.Sold 2,142 shares on 8/27/2024Ownership: 0.074%Teachers Retirement System of The State of KentuckyBought 11,187 shares on 8/26/2024Ownership: 0.033%Truist Financial CorpSold 87,559 shares on 8/21/2024Ownership: 0.289%Creative PlanningBought 1,698 shares on 8/16/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions AL Stock Analysis - Frequently Asked Questions How have AL shares performed this year? Air Lease's stock was trading at $41.94 at the beginning of 2024. Since then, AL stock has increased by 1.3% and is now trading at $42.48. View the best growth stocks for 2024 here. How were Air Lease's earnings last quarter? Air Lease Co. (NYSE:AL) announced its quarterly earnings data on Thursday, August, 1st. The transportation company reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.56 by $0.41. The transportation company had revenue of $667.29 million for the quarter, compared to the consensus estimate of $687.93 million. Air Lease had a trailing twelve-month return on equity of 8.97% and a net margin of 20.85%. 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. Who are Air Lease's major shareholders? Top institutional investors of Air Lease include Dimensional Fund Advisors LP (6.04%), American Century Companies Inc. (2.19%), Earnest Partners LLC (2.04%) and Thrivent Financial for Lutherans (2.00%). Insiders that own company stock include Steven F Udvar-Hazy, John L Plueger, Grant A Levy, Kishore Korde, Alex A Khatibi, Carol Hyland Forsyte 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. What other stocks do shareholders of Air Lease own? Based on aggregate information from My MarketBeat watchlists, some other companies that Air Lease investors own include Alibaba Group (BABA), CVS Health (CVS), Delta Air Lines (DAL), Walt Disney (DIS), Micron Technology (MU), QUALCOMM (QCOM) and Intel (INTC). This page (NYSE:AL) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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