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Air Lease Corporation (AL)

Stock Price: $27.11 USD 0.89 (3.39%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.08B
Revenue (ttm) 2.06B
Net Income (ttm) 586.18M
Shares Out 113.64M
EPS (ttm) 5.03
PE Ratio 5.39
Forward PE 5.32
Dividend $0.60
Dividend Yield 2.21%

Stock Quote

Trading Day Aug 3, 2020
Last Price $27.11
Previous Close $26.22
Change ($) 0.89
Change (%) 3.39%
Day's Open 26.50
Day's Range 26.26 - 27.32
Day's Volume 824,503
52-Week Range 8.41 - 49.96

More Stats

Market Cap 3.08B
Enterprise Value 16.74B
Earnings Date (est) Aug 6, 2020
Ex-Dividend Date Jun 4, 2020
Shares Outstanding 113.64M
Float 96.65M
EPS (basic) 5.07
EPS (diluted) 5.03
FCF / Share -19.89
Dividend $0.60
Dividend Yield 2.21%
Earnings Yield 18.55%
FCF Yield n/a
Payout Ratio 11.00%
Shares Short 7.24M
Short Ratio 6.19
Short % of Float 6.83%
Beta 2.03
PE Ratio 5.39
Forward PE 5.32
P/FCF Ratio n/a
PS Ratio 1.49
PB Ratio 0.53
Revenue 2.06B
Operating Income 1.19B
Net Income 586.18M
Free Cash Flow -2.26B
Net Cash -13.66B
Net Cash / Share -120.21
Gross Margin 63.72%
Operating Margin 57.55%
Profit Margin 27.70%
FCF Margin -109.42%
ROA 3.54%
ROE 10.75%
ROIC 3.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 9
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$38.50*
(42.01% upside)
Low
29.0
Current: $27.11
High
50.0
Target: 38.50
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue2,0171,6801,5161,4191,2231,050859656337
Revenue Growth20.08%10.77%6.86%16.05%16.41%22.34%30.95%94.73%-
Gross Profit2,0171,6801,5161,4191,2231,050859656337
Operating Income1,170983897866659615486351141
Net Income58751175637525325619013253.23
Shares Outstanding11210510310310310210210189.59
Earnings Per Share5.094.606.823.442.342.381.801.280.59
EPS Growth10.65%-32.55%98.26%47.01%-1.68%32.22%40.63%116.95%-
Dividend Per Share0.540.430.330.230.170.130.11--
Dividend Growth25.58%32.31%44.44%32.35%30.77%23.81%---
Operating Cash Flow1,3921,2541,0601,020840769654491267
Capital Expenditures-3,844-3,385-2,144-2,006-2,153-1,806-2,186-2,345-2,977
Free Cash Flow-2,452-2,131-1,084-985-1,313-1,037-1,532-1,854-2,710
Cash & Equivalents338323308291173290357336378
Total Debt13,57911,5399,6998,7147,7126,6315,8534,3852,603
Net Cash / Debt-13,241-11,216-9,391-8,423-7,539-6,340-5,496-4,048-2,225
Assets21,70918,48215,61413,97612,35510,6919,3337,3545,165
Liabilities16,08613,67511,48710,5939,3357,9196,8095,0212,988
Book Value5,6244,8074,1273,3823,0202,7722,5232,3332,176
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Air Lease Corporation
Country United States
Employees 117
CEO John L. Plueger

Stock Information

Ticker Symbol AL
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Rental & Leasing Services
Unique Identifier NYSE: AL
IPO Date April 19, 2011

Description

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.