AL - Air Lease Corporation

NYSE - NYSE Delayed Price. Currency in USD
37.31
-0.49 (-1.30%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close37.80
Open37.66
Bid0.00 x 800
Ask38.50 x 900
Day's Range37.16 - 37.85
52 Week Range28.13 - 47.34
Volume446,637
Avg. Volume875,619
Market Cap4.146B
Beta (3Y Monthly)2.16
PE Ratio (TTM)8.11
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.52 (1.51%)
Ex-Dividend Date2019-03-19
1y Target EstN/A
Trade prices are not sourced from all markets
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    Air Lease, Fly Leasing Are Two Stocks Where Analysts See Upside

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  • Markit14 days ago

    See what the IHS Markit Score report has to say about Air Lease Corp.

    Air Lease Corp NYSE:ALView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $1.42 billion over the last one-month into ETFs that hold AL are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Why Air Lease (AL) Could Beat Earnings Estimates Again
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  • Air Lease Corporation (NYSE:AL): Is It A Smart Long Term Opportunity?
    Simply Wall St.17 days ago

    Air Lease Corporation (NYSE:AL): Is It A Smart Long Term Opportunity?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In December 2018, Air Lease Corporation (NYSE:AL) announced its earnings update. Overall...

  • Why Is Air Lease (AL) Down 13.6% Since Last Earnings Report?
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  • Could Air Lease Corporation’s (NYSE:AL) Investor Composition Influence The Stock Price?
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    Could Air Lease Corporation’s (NYSE:AL) Investor Composition Influence The Stock Price?

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  • Boeing 797 Jet Is 'Full Speed Ahead,' Air Lease Says, As Dow Giant Plays It Cool
    Investor's Business Daily2 months ago

    Boeing 797 Jet Is 'Full Speed Ahead,' Air Lease Says, As Dow Giant Plays It Cool

    Air Lease said Boeing is "full speed ahead" with its new midrange Boeing 797 jet to counter  gains by the narrow-body Airbus' 320neo.

  • Air Lease says Boeing signalling 'full speed ahead' for midsized jet
    Reuters2 months ago

    Air Lease says Boeing signalling 'full speed ahead' for midsized jet

    Boeing reiterated on Wednesday that it will make a decision in 2020 on whether to launch the plane, which aims to address the middle of the jet market between traditional narrowbody jets with one aisle and long-distance widebody planes. "Boeing is signalling full speed ahead but there's still a lot to be decided in these programs," Plueger said at a conference, noting the company had met with Boeing in Seattle on Friday. Air Lease, one of the largest aircraft lessors, said it sees interest in Boeing's proposed mid-market aircraft from airlines, some of which are looking for longer range while others, such as Asian carriers, seek the lowest possible cost per seat kilometre.

  • Air Lease says Boeing signaling 'full speed ahead' for midsized jet
    Reuters2 months ago

    Air Lease says Boeing signaling 'full speed ahead' for midsized jet

    Boeing reiterated on Wednesday that it will make a decision in 2020 on whether to launch the plane, which aims to address the middle of the jet market between traditional narrowbody jets with one aisle and long-distance widebody planes. "Boeing is signaling full speed ahead but there's still a lot to be decided in these programs," Plueger said at a conference, noting the company had met with Boeing in Seattle on Friday. Air Lease, one of the largest aircraft lessors, said it sees interest in Boeing's proposed mid-market aircraft from airlines, some of which are looking for longer range while others, such as Asian carriers, seek the lowest possible cost per seat kilometer.

  • GuruFocus.com2 months ago

    Keeley Funds Comments on Air Lease Corp

    Guru stock highlight

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    Keeley Funds' Mid-Cap Dividend Value Fund 4th Quarter Commentary

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  • SmarterAnalyst2 months ago

    3 Insider Stocks for 2019

    By Steve ReitmeisterThis is my latest article in a series sharing my best stock ideas for the year ahead. Last week I highlighted my favorite growth & income stocks. You may also want to check out other recent articles on small caps, tech stocks, large caps and value picks.Few indicators are more powerful than insider transactions. Especially when insiders reach into their own pocket to add more shares, when they already have ample shares in their portfolio. It is well understood that there is only 1 logical reason for these insiders to buy additional shares. That being a great deal of confidence that the share price will be higher in the future, most likely because of their intimate knowledge about the company’s future prospects. Thus, it is wise for investors to follow this breadcrumb trail to find stocks likely to outperform. Each of the 3 stocks below were selected using the exclusive insider data provided on TipRanks.com.Air Lease (AL)I created a screen looking for stocks that enjoy positive readings for Insiders, Bloggers, Hedge Funds and had a price target 20%+ above current levels. That is because I wanted to stack the odds in our favor. From that list the most attractive to me was Air Lease who does pretty much what the name says…provides financing for large commercial aircraft.Airlines is another economically sensitive group. The healthier the economy the more that consumers and businesses will spend on air travel. Thus, the getting is good for the airlines right now pushing them to expand their fleets. On top of that you have a very large number of old planes that are likely to be replaced over the next 5-10 years. This creates a strong pipeline of business for Air Lease.Like I said up top, the prime TipRanks indicators of Insiders, Bloggers and Hedge Funds are all pointing positive. And the value investor in me got a surge of adrenaline when I saw that the average target price stands at $48.50 which is 28% above Tuesday’s close.The most recent earnings report was a reminder to investors that they continue to deliver on growth expectations. The more that message spreads, the greater the odds of enjoying outperformance as these shares move towards these fair value targets.   BrightView Holdings (BV)BrightView is a professional landscaping firm. The interesting part of that story is that traditionally landscaping is a highly fragmented business with many small regional operators. However, if you are a larger company you might be interested in contracting with one firm who can handle your needs across the country. Few landscapers can offer that reach and flexibility like BrightView.On top of that they are very active on the M&A front constantly adding other landscaping firms to the BV family. This type of rollup strategy is successful as long as management has a track record of operational efficiency to squeeze out redundancy. That is another check in the plus column for BrightView.Analysts continue to be favorable on the stock seeing ample upside potential. The average target price is $18. However, the top rated analyst covering the firm, Dan Dolev at Nomura, sees $22 as a more likely destination for shares. That represents 67% upside from Tuesday’s closing price.The most intriguing part of this story for me is the 2 recent Insider buys including from the CEO, Andrew Masterson. No doubt Masterson already has a large percentage of his net worth tied up with BV shares. There is only one logical reason for him to reach into his pocket to put another $221,000 on the line. And that is his supreme confidence that the company will outperform expectations in the coming year. That tone was on display in the most recent earnings report when the confirmed guidance above street estimates for the year ahead. Perhaps we should join his lead by raking some BV shares into our portfolio.Jacobs Engineering (JEC)One of the most important themes coming out of the President’s recent State of the Union address is the need to improve the nation’s infrastructure. This is an area of spending with bi-partisan support given clear signs of need for investment in better roads, bridges, airports, energy grid, telecom and more. Jacobs Engineering would be a clear beneficiary of any increase in this infrastructure spending.JEC had a strong earnings report earlier this month showing that the trends for the group are already quite favorable. Not only did they beat estimates, but they also raised guidance for the future. The reason that was possible was a 8% increase in their already impressive backlog of projects. In the construction industry this backlog of business is the key for understanding future growth given that many of these contracts are multi-year projects. The healthier that backlog looks…the more likely they are to produce attractive profits going forward.There are a number of positive TipRanks indicators for JEC starting with Bloggers at 100% bullish. News Sentiment also skews Positive. So too does the action of the Best Individual Investors we measure.The most intriguing indicator though is that both Insiders and Hedge Funds are moving in their direction. In fact, just a few days ago a Director of the company added more shares. This smart money flow is quite encouraging that ample upside lays ahead for these shares. So it makes sense to construct some of these shares into your portfolio.(AL, BV and JEC are just 3 of the stocks I have selected for the Smart Investor portfolio. There you will see many others stocks loaded with positive TipRanks indicators that are primed to outperform in the year ahead. Discover the Smart Investor portfolio here). Disclaimer: In general, I own the stocks that I highlight in commentary. When you think about it…why would you ever take advice from an investment professional who wasn’t willing to put his money where his mouth is? More recent articles from Smarter Analyst: * Is Now the Time to Buy Bank of America (BAC) Stock? * Cronos (CRON) Stock Isn’t Ready for Prime Time Just Yet * Cronos (CRON) Stock Still Worth $30, Analyst Says * Is This Cannabis Stock in Trouble? Jefferies Stays Bearish on Cronos (CRON)

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