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Air Lease (AL)
NYSE:AL
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AL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$39.35 - $52.31
Previous CloseN/A
Volume114.69K
Average Volume (3M)656.84K
Market Cap
$5.13B
Enterprise Value$24.76B
Total Cash (Recent Filing)$274.80M
Total Debt (Recent Filing)$7.95B
Price to Earnings (P/E)10.5
Beta1.14
Next Earnings
Feb 13, 2025EPS Estimate
0.78Last Dividend Ex-Date
Dec 12, 2024Dividend Yield1.85%
Share Statistics
EPS (TTM)4.39
Shares Outstanding111,376,884
10 Day Avg. Volume712,597
30 Day Avg. Volume656,842
Standard Deviation0.12
R-Squared0.50
Alpha-0.00914
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.87
Price to Cash Flow (P/CF)2.80
P/FCF Ratio0.00
Enterprise Value/Market Cap4.83
Enterprise Value/Revenue9.05
Enterprise Value/Gross Profit25.76
Enterprise Value/Ebitda9.95
Forecast
1Y Price Target
$57.75Price Target Upside23.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Air Lease News
PremiumCompany Announcements
Air Lease Secures $966.5 Million Term Loan Facility
PremiumCompany Announcements
Air Lease Reports Strong Q3 2024 Financial ResultsBulls Say, Bears Say
Bulls Say
Improving Lease MarginsLease margins are expected to improve in 2025, estimating 9.39% lease yield, up from an estimate of 8.96% for 2024 and 8.85% in 2023.
Lease Revenue GrowthManagement indicated that most renewals would be at higher rates, and those that were restructured during COVID would be significantly higher, driving faster lease revenue.
Strong Aircraft DeliveriesDeliveries were strong this quarter, a quarterly high for AL: AL delivered 20 aircraft in Q3, up from Q2-24's 13 and significantly higher than Q3-23's 8 deliveries.
Bears Say
Delivery TargetsAchieving the $5bn delivery target for the full year of 2024 will depend on whether the Boeing strike persists through Q4.
Production ChallengesRestarting the production process, combined with supply chain issues, is expected to negatively affect deliveries and contribute to ongoing delays.
Sales PerformanceSales proceeds were lower than expected as all sold aircraft were narrow-body planes.
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Ownership Overview
6.75% Insiders
33.80% Mutual Funds
2.33% Other Institutional Investors
30.98% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AL FAQ
What was Air Lease’s price range in the past 12 months?
Air Lease lowest stock price was $39.35 and its highest was $52.31 in the past 12 months.
What is Air Lease’s market cap?
Air Lease’s market cap is $5.13B.
When is Air Lease’s upcoming earnings report date?
Air Lease’s upcoming earnings report date is Feb 13, 2025 which is in 23 days.
How were Air Lease’s earnings last quarter?
Air Lease released its earnings results on Nov 07, 2024. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.03.
Is Air Lease overvalued?
According to Wall Street analysts Air Lease’s price is currently Undervalued.
Does Air Lease pay dividends?
Air Lease pays a Quarterly dividend of $0.846 which represents an annual dividend yield of 1.85%. See more information on Air Lease dividends here
What is Air Lease’s EPS estimate?
Air Lease’s EPS estimate is 0.78.
How many shares outstanding does Air Lease have?
Air Lease has 111,376,884 shares outstanding.
What happened to Air Lease’s price movement after its last earnings report?
Air Lease reported an EPS of $0.82 in its last earnings report, beating expectations of $0.79. Following the earnings report the stock price went down -0.488%.
Which hedge fund is a major shareholder of Air Lease?
Among the largest hedge funds holding Air Lease’s share is Royce & Associates LLC. It holds Air Lease’s shares valued at 130M.
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Air Lease Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$57.75 (23.77% Upside)
$57.75 (23.77% Upside)
Blogger Sentiment
Bullish
AL Sentiment 85%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 56.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.20%
12-Months-Change
Fundamentals
Return on Equity
7.32%
Trailing 12-Months
Asset Growth
8.36%
Trailing 12-Months
Company Description
Air Lease
Air Lease Corp. engages in the provision of aircraft leasing business. It focuses on purchasing new commercial jet transport aircraft directly from aircraft manufacturers, and leasing those aircraft to airlines throughout the world with the intention to generate attractive returns on equity. The company was founded by Steven F. Udvar-Hazy in January 2010 and is headquartered in Los Angeles, CA.
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AL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive sentiment with strong revenue growth, high fleet utilization, and an increase in dividend payouts. Although there are challenges such as lower end-of-lease revenue and increased interest expenses, the positive aspects like robust order book placements and improving lease rates outweigh these concerns.Read More>---
AL Stock 12 Month Forecast
Average Price Target
$57.75
▲(23.77% Upside)
Technical Analysis
Aercap Holdings
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Allegiant Travel Company
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SkyWest
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United Airlines Holdings
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Best Analysts Covering AL
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+7.25%
reiterated a buy rating 2 months ago
Copying Jamie Baker's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +7.25% per trade.
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