Home » Stocks » Air Lease Corporation

Air Lease Corporation (AL)

Stock Price: $30.89 USD -1.21 (-3.77%)
Updated Oct 26, 2020 10:22 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 3.51B
Revenue (ttm) 2.11B
Net Income (ttm) 605.50M
Shares Out 113.78M
EPS (ttm) 5.18
PE Ratio 5.96
Forward PE 5.85
Dividend $0.60
Dividend Yield 1.94%

Stock Quote

Trading Day Oct 26, 2020
Last Price $30.89
Previous Close $32.10
Change ($) -1.21
Change (%) -3.77%
Day's Open 31.51
Day's Range 30.57 - 31.86
Day's Volume 70,038
52-Week Range 8.41 - 49.96

More Stats

Market Cap 3.51B
Enterprise Value 17.21B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date Sep 10, 2020
Shares Outstanding 113.78M
Float 105.80M
EPS (basic) 5.22
EPS (diluted) 5.18
FCF / Share -10.60
Dividend $0.60
Dividend Yield 1.94%
Earnings Yield 16.77%
FCF Yield n/a
Payout Ratio 11.10%
Shares Short 8.20M
Short Ratio 8.57
Short % of Float 7.75%
Beta 2.00
PE Ratio 5.96
Forward PE 5.85
P/FCF Ratio n/a
PS Ratio 1.66
PB Ratio 0.62
Revenue 2.11B
Operating Income 1.22B
Net Income 605.50M
Free Cash Flow -1.20B
Net Cash -13.70B
Net Cash / Share -120.38
Gross Margin 62.21%
Operating Margin 57.64%
Profit Margin 27.90%
FCF Margin -57.05%
ROA 3.50%
ROE 10.84%
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

$39.62*
(28.26% upside)
Low
36.0
Current: $30.89
High
51.0
Target: 39.62
*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.