|Bid||49.39 x 1100|
|Ask||49.45 x 800|
|Day's Range||49.21 - 49.96|
|52 Week Range||31.98 - 49.96|
|Beta (5Y Monthly)||1.85|
|PE Ratio (TTM)||10.07|
|Earnings Date||Feb 13, 2020|
|Forward Dividend & Yield||0.60 (1.21%)|
|Ex-Dividend Date||Dec 17, 2019|
|1y Target Est||56.78|
The chairman of major aircraft leasing firm Air Lease, which has 150 of Boeing's grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the "damaged" MAX brand to avoid it undermining the plane's value. The comments by Steven Udvar-Hazy, one of the founders of the airplane leasing industry which finances around half of the world's passenger fleet, echoes a call by U.S. President Donald Trump in April last year to "rebrand" its 737 MAX jetliner. Boeing said last June it had no plans to change the name of the jet.
The executive chairman of aircraft leasing firm Air Lease Steven Udvar-Hazy on Monday said he was hopeful that Boeing's grounded 737 MAX would be cleared to fly by regulators within 90 days, but that issues continued to mount for the jet. "But it almost feels like every week there are new developments that cause us to be concerned about the timeliness of the return to service of the 737 MAX," he said.
Today we are going to look at Air Lease Corporation (NYSE:AL) to see whether it might be an attractive investment...
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. Willis, Executive Vice President and Chief Financial Officer, will be participating in the Airline Economics Growth Frontiers Dublin 2020 and Airfinance Journal Dublin 2020 conferences (together, the "Conferences") during the week of January 20, 2020. For further details on the aforementioned speaking engagements, please visit the schedule or agenda located on the respective websites of the Conferences. Presentation materials utilized for the Conferences will be posted on Monday, January 20, 2020 to the Investors section of ALC’s website at https://www.airleasecorp.com.
What was 2019's best performing mutual fund? Needham Small Cap Growth Fund topped U.S. diversified stock mutual funds, with a big 55.31% gain.
Air Lease Corporation (NYSE: AL) (the "Company") announced the pricing on January 7, 2020 of its public offering of $750.0 million aggregate principal amount of 2.30% senior unsecured medium-term notes due February 1, 2025 (the "2025 Notes") and $650.0 million aggregate principal amount of 3.00% senior unsecured medium-term notes due February 1, 2030 (the "2030 Notes" and, together with the 2025 Notes, the "Notes"). The sale of the Notes is expected to close on January 14, 2020, subject to satisfaction of customary closing conditions.
Woodlock House is a small new private fund and recently published its 2019Q4 investor letter on its website. We'd like to bring two stocks to your attention from this letter and share what we think about them. The first stock is Air Lease Corporation (NYSE:AL). Here is the excerpt from the Woodlock House's investor letter: […]
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Air Lease Corporation (NYSE: AL) announced today that John L. Plueger, Chief Executive Officer and President, will be speaking at the Bank of America Merrill Lynch 2020 Defense Outlook & Commercial Aerospace Forum in New York City on Thursday, January 9, 2020 at 12:20 p.m. Eastern Time. This speaking engagement will be broadcast live through a link on the Investors page of the Air Lease Corporation website at www.airleasecorp.com. Alternatively, virtual attendees may access the webcast directly via this link: 2020 Defense Outlook & Commercial Aerospace Forum. Please visit the website prior to the webcast to register, download and install any necessary audio software. Any materials utilized for this speaking engagement will be posted 15 minutes prior to the speaking time.
Air Lease Corporation (NYSE: AL) will host a conference call on February 14, 2020 at 4:30 PM Eastern Time to discuss the Company's financial results for the fourth quarter and year end 2019.
Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...
Today Air Lease Corporation ("ALC") (NYSE: AL) announced the delivery of one new Airbus A321-200neo aircraft on long-term lease to Air Macau. This aircraft, featuring Pratt & Whitney PW1133G engines, is the first of two A321-200neo aircraft confirmed to deliver to the airline from ALC’s order book with Airbus and the first A321-200neo to deliver to the airline.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Air Lease Corporation (NYSE: AL) (the "Company") announced the pricing on November 26, 2019 of its offering of C$400 million, or U.S.$301 million (based on a Canadian dollar/U.S. dollar exchange rate of C$1.00=U.S.$0.7523, as announced by the U.S. Federal Reserve Board as of November 22, 2019), aggregate principal amount of 2.625% senior unsecured medium-term notes due December 5, 2024 (the "Notes"). The sale of the Notes is expected to close on December 5, 2019, subject to satisfaction of customary closing conditions.