Air Lease/AL

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX

About Air Lease

Air Lease Corporation is an aircraft leasing company. The Company is principally engaged in purchasing the technology commercial jet aircraft directly from aircraft manufacturers, such as Airbus S.A.S. (Airbus) and The Boeing Company (Boeing) and leasing those aircraft to airlines throughout the world. In addition to its leasing activities, the Company sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines and other investors. The Company also provide fleet management services to investors and owners of aircraft portfolios for a management fee. The Company operates its business on a global basis, providing aircraft to airline customers in various geographical region, including markets, such as Asia Pacific, Europe, the Middle East and Africa, Central America, South America and Mexico, and the United Kingdom and Canada. The Company has a globally diversified customer base comprised of 119 airlines in 62 countries.

Ticker

AL

Sector

Industrials

Trading on

NYSE

Industry

Rental & Leasing

CEO

Steven Udvar-Hazy

Employees

163

Headquarters

Los angeles, United States

Air Lease Metrics

BasicAdvanced
$5.3B
Market cap
9.62
P/E ratio
$4.95
EPS
1.63
Beta
$0.82
Dividend rate
1.76%
Dividend yield
$5.3B
1.62647
$52.31
$33.33
1.5M
$0.82
269.363
269.363
16.50%
1.90%
1.97%
7.90%
2.14%
9.618
1.956
0.734
0.734
1.56%
1.72%
1.76%
15.08%
19.84%
10.03%
5.38%
9.91%

What the Analysts think about Air Lease

Analyst Ratings

Majority rating from 7 analysts.
Buy

Air Lease Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
16.25% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$663M
-7.42%
Net income
$108M
-51.22%
Profit margin
16.25%
-47.31%

Air Lease Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 7.45%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.10
$1.10
$1.89
$0.87
-
Expected
$1.07
$1.03
$1.08
$0.94
$1.08
Surprise
2.71%
7.27%
75.65%
-7.45%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market openNon-fractional

Upcoming events

Jul
8
Air Lease
Dividend·Payment
$0.21
Per share

FAQs

What’s the current market cap for Air Lease stock?

Air Lease (AL) has a market cap of $5.3B as of June 20, 2024.

What is the P/E ratio for Air Lease stock?

The price to earnings (P/E) ratio for Air Lease (AL) stock is 9.62 as of June 20, 2024.

Does Air Lease stock pay dividends?

Yes, the Air Lease (AL) stock pays dividends to shareholders. As of June 20, 2024, the dividend rate is $0.82 and the yield is 1.76%. Air Lease has a payout ratio of 16.5% on a trailing twelve-month basis.

When is the next Air Lease dividend payment date?

The next Air Lease (AL) dividend payment is scheduled for July 08, 2024.

What is the beta indicator for Air Lease?

Air Lease (AL) has a beta rating of 1.63. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Air Lease stock price target?

The target price for Air Lease (AL) stock is $56.67, which is NaN% below the current price of $. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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