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Air Lease Corporation (AL)

Stock Price: $42.53 USD 0.50 (1.19%)
Updated Jul 29, 2021 4:00 PM EDT - Market closed
Market Cap 4.80B
Revenue (ttm) 1.98B
Net Income (ttm) 447.83M
Shares Out 113.96M
EPS (ttm) 3.92
PE Ratio 10.85
Forward PE 9.24
Dividend $0.63
Dividend Yield 1.48%
Trading Day July 29
Last Price $42.53
Previous Close $42.03
Change ($) 0.50
Change (%) 1.19%
Day's Open 42.60
Day's Range 42.38 - 43.11
Day's Volume 273,889
52-Week Range 24.92 - 52.61

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LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for ten used Airbus A320-200 aircraft with Allegiant. The aircraft are scheduled to deliver to t...

22 hours ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY (Chile). This is the first Airbus A321neo to oper...

3 days ago - Business Wire

Growth in Air Lease's (AL) owned aircraft at the end of second-quarter 2021 is expected to have aided the company's top line.

2 weeks ago - Zacks Investment Research

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, new significant financing, and recent ratings updates occurring in the second qua...

2 weeks ago - Business Wire

NEW YORK--(BUSINESS WIRE)--Diligent Corporation today announced the appointment of Yvette Hollingsworth Clark as its newest independent board member.

3 weeks ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on August 5, 2021 at 4:30 PM Eastern Time to discuss the Company's financial results for the second quarter of ...

3 weeks ago - Business Wire

DUBLIN--(BUSINESS WIRE)--Blackbird Capital II LLC (“Blackbird”) announced today that Blackbird Capital II Aircraft Lease Limited (“BBIRD Cayman”) and Blackbird Capital II Aircraft Lease US LLC (“BBIRD U...

4 weeks ago - Business Wire

Air Lease (AL) delivers one of two Airbus A350-900 to Spain-based carrier, World2Fly, on long-term lease.

Other stocks mentioned: EADSF, EADSY
1 month ago - Zacks Investment Research

Air Lease executive chairman on his concerns about Boeing's production issues

YouTube video

Boeing's aircraft sales outpaced cancellations for a fourth consecutive month in May as customers like Southwest Airlines ordered more planes. Air Lease Executive Chairman Steven Udvar-Hazy joined "Squa...

Other stocks mentioned: BA
1 month ago - CNBC Television

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced today that Steven F. Udvar–Házy, Executive Chairman, will be speaking at the virtual Jefferies Airlines Summit on Tuesday, June 1...

1 month ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A350-900 aircraft, featuring Rolls-Royce Trent XWB engines, on long-term lease to World2Fly ...

1 month ago - Business Wire

AL, FET, INO, SWKH, and WPG have been added to the Zacks Rank #5 (Strong Sell) List on June 7, 2021.

Other stocks mentioned: FET, INO, SWKH, WPG
1 month ago - Zacks Investment Research

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-9 aircraft on long-term lease to Aeromexico. This is the first of four new Boeing 737-9s...

1 month ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the election of a new independent director to its Board of Directors. Yvette Hollingsworth Clark was elected to the ALC Boa...

2 months ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced the pricing on May 17, 2021 of its public offering of $1.2 billion aggregate principal amount of 1.875% senior un...

2 months ago - Business Wire

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 virtual BofA Securities Transportation...

2 months ago - Business Wire

L Brands is one of the top trending stocks today following news that Victoria's Secret will become a publicly traded company. Read about the top picks – and the ratings from our AI models.

Other stocks mentioned: IBM, LB, DDD, SGMS
2 months ago - Forbes

AL, FUV, CHGG, OKTA, and SYX have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2021

Other stocks mentioned: CHGG, FUV, OKTA, SYX
2 months ago - Zacks Investment Research

Air Lease's (AL) Q1 results are hurt by lower revenues due to coronavirus-led woes. Increased costs also weigh on performance.

2 months ago - Zacks Investment Research

Air Lease (AL) delivered earnings and revenue surprises of -30.69% and -7.06%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shares of Air Lease (NYSE:AL) moved lower in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 36.02% over the past year to $1.03, which beat the...

2 months ago - Benzinga

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months ended March 31, 2021. “We continued helping our customers through a difficult winter...

2 months ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent whereby the Com...

2 months ago - Business Wire

Air Lease (AL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

LOS ANGELES--(BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for four new Airbus A320neo aircraft with Volaris (Mexico). Two of the aircraft are from ALC's o...

3 months ago - Business Wire

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) announced the delivery of two new Boeing 787-9 aircraft on long-term lease to China Southern Airlines. Featuring GEnx-1B76A engines, these ...

3 months ago - Business Wire

Air Lease CEO on the Future of Travel

YouTube video

Apr.19 -- Air Lease CEO John Plueger speaks to Bloomberg's Alix Steel and Guy Johnson on the 10 year anniversary of the companies' initial listing on the NYSE about the future of air travel post-pandemi...

3 months ago - Bloomberg Markets and Finance

Air Lease CEO forecasts potential growth for summer air travel

YouTube video

John Plueger, CEO of Air Lease Corporation, joins "Squawk on the Street" to discuss the return to travel in the U.S. and potential for growth.

3 months ago - CNBC Television

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...

3 months ago - Business Wire

Steady growth in Air Lease's (AL) owned fleet is expected to have aided the company's first-quarter top line.

3 months ago - Zacks Investment Research

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 &...

3 months ago - Business Wire

Air Lease (AL) delivers a Boeing 737-8 and an Airbus A330-900 to Belavia and Delta, respectively.

3 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

Air Lease (AL) delivers first of ten new Boeing 737-8 jets to Romania-based carrier Blue Air on long-term lease.

Other stocks mentioned: BA
3 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

Air Lease (AL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

3 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

Air Lease (AL) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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...

4 months ago - Business Wire

These are the industrial stocks with the best value, fastest growth, and most momentum for March.

Other stocks mentioned: AXON, EAF, EFX, GNRC, HII, KEX, UHAL ...
5 months ago - Investopedia

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...

5 months ago - Business Wire

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.

5 months ago - Zacks Investment Research

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...

5 months ago - Benzinga

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...

5 months ago - Business Wire

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
Full Company Profile

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%.

Financial Statements

Analyst Forecasts

According to 9 analysts, the average rating for AL stock is "Strong Buy." The 12-month stock price forecast is 55.29, which is an increase of 30.00% from the latest price.

Price Target
$55.29
(30.00% upside)
Analyst Consensus: Strong Buy