Air Lease Corporation (AL)
| Market Cap | 5.54B |
| Revenue (ttm) | 2.02B |
| Net Income (ttm) | 500.89M |
| Shares Out | 113.68M |
| EPS (ttm) | 4.39 |
| PE Ratio | 11.00 |
| Forward PE | 9.64 |
| Dividend | $0.62 |
| Dividend Yield | 1.28% |
| Trading Day | April 19 |
| Last Price | $48.30 |
| Previous Close | $48.54 |
| Change ($) | -0.24 |
| Change (%) | -0.49% |
| Day's Open | 48.39 |
| Day's Range | 47.66 - 48.63 |
| Day's Volume | 78,862 |
| 52-Week Range | 19.42 - 52.79 |
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. This aircraft, featuring CFM Internation...
Steady growth in Air Lease's (AL) owned fleet is expected to have aided the company's first-quarter top line.
LOS ANGELES, Calif.--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana. This aircraft, featuring Pratt &...
Air Lease (AL) delivers a Boeing 737-8 and an Airbus A330-900 to Belavia and Delta, respectively.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales and new significant financing occurring in the first quarter of 2021 as well as re...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the first delivery on April 5th of one new Airbus A330-900 to Delta Air Lines under sale-leaseback with Blackbird Capital II. Thi...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Belavia-Belarusian Airlines. Featuring CFM LEAP-1B engines, t...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Cayman Airways. This aircraft, featuring LEAP-1B27 engines, i...
Air Lease (AL) delivers first of ten new Boeing 737-8 jets to Romania-based carrier Blue Air on long-term lease.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2021 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2021...
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 787-9 aircraft on long-term lease to Air Premia (South Korea). Featuring Rolls-Royce Trent 1...
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Blue Air (Romania). This aircraft, featuring CFM LEAP-1...
Air Lease (AL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced a long-term lease placement for one used Airbus A320-200 aircraft with HiSky Moldova. Scheduled to deliver in April 2021, t...
Air Lease (AL) reported earnings 30 days ago. What's next for the stock?
Strong shareholder-friendly initiatives and increasing revenues from rentals of flight equipment drive Air Lease (AL). However, high debt levels and operating expenses are concerns.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar-Házy, Executive Chairman, John L. Plueger, Chief Executive Officer and President, and Gregory B. Willi...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing today of its public offering of 300,000 shares (the “Shares”) of 4.65% Fixed-Rate Reset Non-Cumulativ...
Although Air Lease's (AL) Q4 earnings beat estimates, it declined 33.8% year over year due to lower revenues as a result of the impact of coronavirus on its operations.
Shares of Air Lease (NYSE:AL) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 8.45% year over year to $1.30, which beat the estimate...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2020. “2020 concludes the toughest year in the history o...
Nearly 150 U.S.-listed companies are expected to report quarterly results Monday. We've already looked at three expected to report before the opening bell.
Air Lease (NYSE:AL) unveils its next round of earnings this Monday, February 22. Get prepared with Benzinga's ultimate preview for Air Lease's Q4 earnings.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today long-term lease placements for two used Airbus A320-200 aircraft with Qanot Sharq Airlines (Uzbekistan), scheduled to deliv...
Air Lease's (AL) fourth-quarter performance is likely to reflect steady growth in its fleet. Meanwhile, the bottom line is expected to have been hurt by rising operating expenses.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of two new Boeing 737-8 aircraft on long-term lease to Sunwing Airlines. These aircraft, featuring CFM Interna...
We're in the midst of prime earnings season. While many companies reported strong earnings such as Microsoft, U.S. stocks fell sharply due to disappointing earnings from Boeing and Starbucks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on January 19, 2021 of its public offering of $750.0 million aggregate principal amount of 0.70% seni...
AL vs. WAB: Which Stock Is the Better Value Option?
Air Lease (AL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The market's rally since November, largely due to vaccine optimism, political clarity, and stimulus hopes, has sent markets to historically high valuations. With all of this news, our deep learning algo...
Growth in Air Lease's (AL) owned aircraft at the end of the fourth quarter of 2020 bodes well for the company.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales and new significant financing occurring in the fourth quarter of 2020. As of Decem...
Investors need to pay close attention to Air Lease (AL) stock based on the movements in the options market lately.
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on February 22, 2021 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter ...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that John L. Plueger, Chief Executive Officer and President, will be speaking at the Bank of America Merrill Lynch 2021 Def...
Air Lease (AL) delivers one Airbus A320-200neo to Japan-based carrier Peach on long-term lease.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Peach Aviation Limited (Japan). This aircraft, fe...
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced a long-term lease agreement for one new Airbus A321-200neo aircraft with Pegasus Airlines (Turkey). Scheduled to deliver in...
Air Lease (AL) reported earnings 30 days ago. What's next for the stock?
Air Lease's (AL) declining collection rate due to low air travel demand is a concern. Meanwhile, rise in revenues from rentals of flight equipment is encouraging.
LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (“ALC”) (NYSE: AL) announced long-term lease placements for 13 new Boeing 737-9 new technology aircraft with Alaska Airlines. These new aircraft...
LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on November 17, 2020 of its public offering of (i) an additional $750.0 million aggregate principal a...
These are stocks to consider to invest in an eventual aviation recovery.
About AL
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2020, the company owned a fleet of 332 aircraft, including 236 narrowbody aircraft and 96 widebody aircraft. ... [Read more...]
| Industry Rental & Leasing Services | IPO Date Apr 19, 2011 |
| CEO John Plueger | Employees 120 |
| Stock Exchange NYSE | Ticker Symbol AL |
Financial Performance
In 2020, AL's revenue was $2.02 billion, a decrease of -0.07% compared to the previous year's $2.02 billion. Earnings were $516.26 million, a decrease of -12.07%.
Analyst Forecasts
According to 9 analysts, the average rating for AL stock is "Strong Buy." The 12-month stock price forecast is 52.71, which is an increase of 9.13% from the latest price.