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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.