Air Lease Corp

Air Lease Corp Stock Forecast & Price Prediction

Live Air Lease Corp Stock (AL) Price
$50.90

7

Ratings

  • Buy 6
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$50.90

P/E Ratio

11.59

Volume Traded Today

$256,900

Dividend

$0.21

52 Week High/low

52.31/38.40

Air Lease Corp Market Cap

$5.67B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $AL ๐Ÿ›‘

Before you buy AL you'll want to see this list of ten stocks that have huge potential. Want to see if AL made the cut? Enter your email below

AL Summary

Based on ratings from 7 stock analysts, the Air Lease Corp stock price is expected to increase by 13.11% in 12 months. This is calculated by using the average 12-month stock price forecast for Air Lease Corp. The lowest target is $47 and the highest is $72. Please note analyst price targets are not guaranteed and could be missed completely.

AL Analyst Ratings

Air Lease Corp has a total of 7 Wall St Analyst ratings. There are 6 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Air Lease Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

AL stock forecast by analyst

These are the latest 20 analyst ratings of AL.

Analyst/Firm

Rating

Price Target

Change

Date

Catherine O'Brien
Goldman Sachs

Buy

$65

Reinstates

Nov 21, 2024
Jamie Baker
JP Morgan

Overweight

$56

Maintains

Nov 12, 2024
Jamie Baker
JP Morgan

Overweight

$52

Maintains

Aug 5, 2024
Mark Devries
Barclays

Overweight

$54

Maintains

Aug 2, 2024
Helane Becker
TD Cowen

Buy

$56

Maintains

May 7, 2024
Mark Devries
Barclays

Overweight

$55

Maintains

Apr 16, 2024
James Fotheringham
BMO Capital

Outperform

$55

Maintains

Feb 20, 2024
Mark Devries
Barclays

Overweight

$48

Maintains

Jan 25, 2024
James Fotheringham
BMO Capital

Outperform

$54

Initiates

Jan 10, 2024
Mark Devries
Barclays

Overweight

$46

Initiates

Nov 15, 2023
Kristine Liwag
B of A Securities

Buy

$60

Maintains

Aug 30, 2023
Kevin Crissey
Citigroup

Neutral

$43

Maintains

Aug 11, 2023
Vincent Caintic
Stephens & Co.

Overweight

$55

Reiterates

Jul 12, 2023
Kevin Crissey
Citigroup

Neutral

$41

Initiates

May 15, 2023
Moshe Orenbuch
Credit Suisse

Outperform

$53

Reiterates

May 2, 2023
Catherine O'Brien
Goldman Sachs

Buy

$59

Reinstates

Feb 28, 2023
Moshe Orenbuch
Credit Suisse

Outperform

$55

Reiterates

Feb 17, 2023
Moshe Orenbuch
Credit Suisse

Outperform

$51

Maintains

Nov 4, 2022
Mark Devries
Barclays

Overweight

$55

Maintains

Jul 13, 2022

HSBC

Buy


Initiates

Mar 15, 2022

AL Company Information

What They Do: Leases commercial jet aircraft to airlines globally.

Business Model: The company generates revenue primarily through leasing commercial jet aircraft to airlines around the world. In addition to leasing, it sells aircraft from its fleet to various third parties, including other leasing companies and investors, and offers fleet management services to aircraft portfolio owners.

Other Information: As of December 31, 2023, Air Lease Corporation owned a fleet of 463 aircraft, comprising 345 narrowbody and 118 widebody jets. Established in 2010, it is headquartered in Los Angeles, California.
AL
Air Lease Corp (AL)

When did it IPO

2011

Staff Count

163

Country

United States

Sector/Industry

Industrials/Rental & Leasing Services

CEO

Mr. John L. Plueger CPA

Market Cap

$5.67B

Air Lease Corp (AL) Financial Data

In 2023, AL generated $2.68B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$2.68B

0.00 %
From Previous Year
  • Revenue TTM $2.74B
  • Operating Margin TTM 50.4%
  • Gross profit TTM $961.3M
  • Return on assets TTM 2.8%
  • Return on equity TTM 7.3%
  • Profit Margin 19.6%
  • Book Value Per Share 68.92%
  • Market capitalisation $5.67B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $2.68B
  • EPS this year (TTM) $4.39

Air Lease Corp (AL) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - AL's shares have recently appreciated, prompting an assessment of the stock's current positioning to evaluate its investment potential.

Why It Matters - AL's recent share appreciation signals potential momentum, prompting a reassessment of its valuation and growth prospects, which impacts investment decisions and strategies.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Air Lease Corporation held its Q3 2024 earnings conference call, where financial results and company performance were discussed. Specific figures and insights were shared during the call.

Why It Matters - The Q3 2024 earnings call provides insights into Air Lease Corporation's financial performance, future guidance, and market conditions, impacting investor sentiment and stock valuation.

News Image

Thu, 07 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Air Lease Corporation reported strong demand for commercial aircraft, with rising lease rates and solid sales gains from its $28 billion fleet and $18 billion order book for Q3 2024.

Why It Matters - Air Lease Corporation's strong financial performance signals robust demand for commercial aircraft, potentially boosting stock value and indicating growth in the aviation sector.

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Air Lease (AL) reported Q3 earnings of $1.25 per share, exceeding the Zacks estimate of $1.22 and up from $1.10 per share in the same quarter last year.

Why It Matters - Air Lease's earnings beat expectations and show year-over-year growth, indicating financial strength and potential for future profitability, which can positively influence investor sentiment and stock performance.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - AL's Q3 2024 results show improved performance due to fleet expansion and higher gains from aircraft sales.

Why It Matters - AL's strong Q3 2024 results signal effective fleet expansion and profitable asset management, potentially boosting investor confidence and share prices.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Air Lease's Q3 results are projected to improve due to strong flight equipment rental revenues.

Why It Matters - Air Lease's anticipated growth in flight equipment rental revenues indicates strong demand, potentially leading to increased profitability and positive stock performance.

...

AL Frequently asked questions

The highest forecasted price for AL is $72 from at .

The lowest forecasted price for AL is $47 from Kristine Liwag from B of A Securities

The AL analyst ratings consensus are 6 buy ratings, 1 hold ratings, and 0 sell ratings.