Air Lease Corporation (AL): Price and Financial Metrics
AL Price/Volume Stats
Current price | $41.07 | 52-week high | $45.17 |
Prev. close | $43.13 | 52-week low | $33.33 |
Day low | $40.95 | Volume | 1,573,100 |
Day high | $43.07 | Avg. volume | 698,794 |
50-day MA | $41.19 | Dividend yield | 2.05% |
200-day MA | $39.86 | Market Cap | 4.56B |
AL Stock Price Chart Interactive Chart >
AL POWR Grades
- AL scores best on the Momentum dimension, with a Momentum rank ahead of 93.11% of US stocks.
- The strongest trend for AL is in Quality, which has been heading up over the past 26 weeks.
- AL ranks lowest in Growth; there it ranks in the 34th percentile.
AL Stock Summary
- Of note is the ratio of AIR LEASE CORP's sales and general administrative expense to its total operating expenses; only 4.97% of US stocks have a lower such ratio.
- For AL, its debt to operating expenses ratio is greater than that reported by 95.46% of US equities we're observing.
- Over the past twelve months, AL has reported earnings growth of 237.4%, putting it ahead of 95.03% of US stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to AIR LEASE CORP are TGH, FRT, AQN, NHI, and HIW.
- Visit AL's SEC page to see the company's official filings. To visit the company's web site, go to www.airleasecorp.com.
AL Valuation Summary
- AL's price/sales ratio is 1.8; this is 50% higher than that of the median Industrials stock.
- Over the past 155 months, AL's price/sales ratio has gone down 16.9.
Below are key valuation metrics over time for AL.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
AL | 2023-12-29 | 1.8 | 0.7 | 9.4 | 17.0 |
AL | 2023-12-28 | 1.8 | 0.7 | 9.4 | 17.0 |
AL | 2023-12-27 | 1.8 | 0.7 | 9.4 | 17.0 |
AL | 2023-12-26 | 1.8 | 0.7 | 9.4 | 17.0 |
AL | 2023-12-22 | 1.8 | 0.7 | 9.4 | 17.0 |
AL | 2023-12-21 | 1.8 | 0.7 | 9.2 | 16.9 |
AL Growth Metrics
- Its 4 year net income to common stockholders growth rate is now at 55.41%.
- Its year over year net cashflow from operations growth rate is now at 28.13%.
- Its 5 year net cashflow from operations growth rate is now at 34.91%.
The table below shows AL's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 2,317.302 | 1,382.15 | -138.724 |
2022-09-30 | 2,312.867 | 1,406.011 | -131.292 |
2022-06-30 | 2,276.042 | 1,463.01 | -131.242 |
2022-03-31 | 2,210.223 | 1,397.24 | -151.507 |
2021-12-31 | 2,088.389 | 1,376.836 | 408.159 |
2021-09-30 | 1,980.315 | 1,301.985 | 373.09 |
AL's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- AL has a Quality Grade of D, ranking ahead of 23.19% of graded US stocks.
- AL's asset turnover comes in at 0.078 -- ranking 531st of 563 Business Services stocks.
- CARS, TYL, and MSTR are the stocks whose asset turnover ratios are most correlated with AL.
The table below shows AL's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-06-30 | 0.078 | 1 | 0.025 |
2021-03-31 | 0.082 | 1 | 0.028 |
2020-12-31 | 0.085 | 1 | 0.030 |
2020-09-30 | 0.091 | 1 | 0.032 |
2020-06-30 | 0.095 | 1 | 0.034 |
2020-03-31 | 0.095 | 1 | 0.034 |
AL Price Target
For more insight on analysts targets of AL, see our AL price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $54.57 | Average Broker Recommendation | 1.38 (Strong Buy) |
Air Lease Corporation (AL) Company Bio
Air Lease Corporation engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company was founded in 2010 and is based in Los Angeles, California.
Latest AL News From Around the Web
Below are the latest news stories about AIR LEASE CORP that investors may wish to consider to help them evaluate AL as an investment opportunity.
Air Lease gets insurance settlement for four jets stranded in RussiaThe settlement amount, received from the Russian insurance firm NSK, covers three A320-200 and one A321-200 aircraft that were leased to S7 Airlines. It does not include the five A321-200neo aircraft previously leased to S7. Before the invasion of Ukraine last year, Russia was a major market for aircraft lessors, which bought jets from Boeing and Airbus and leased them to airlines in the country. |
Air Lease Corporation Announces Delivery of First of Seven New Airbus A321-200neo Aircraft to TransaviaLOS ANGELES, December 15, 2023--Today Air Lease Corporation (NYSE: AL) announced one new Airbus A321-200neo aircraft delivered to Transavia. This aircraft is the first of seven new Airbus A321s confirmed to deliver to Transavia on long-term lease from ALC’s order book with Airbus and the first A321-200neo to join the Dutch carrier’s fleet. |
Air Lease Corporation Announces Delivery of One New Airbus A321-200neo and One New Airbus A330-900neo Aircraft to Sunclass AirlinesLOS ANGELES, December 14, 2023--Today Air Lease Corporation (NYSE: AL) announced two new Airbus aircraft delivered to Sunclass Airlines of Denmark, including one new A321-200neo and one new A330-900neo. Both aircraft delivered to Sunclass Airlines this December on long-term lease from ALC’s order book with Airbus. |
Royce Investment Partners Commentary: Can 2 Small-Cap Aviation Holdings Fly Higher?By Miles Lewis, CFA and Joseph Hintz, CFA |
Why Is Air Lease (AL) Up 6.5% Since Last Earnings Report?Air Lease (AL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
AL Price Returns
1-mo | 1.58% |
3-mo | 7.60% |
6-mo | 2.65% |
1-year | -2.26% |
3-year | -3.53% |
5-year | 17.90% |
YTD | -2.07% |
2023 | 11.40% |
2022 | -11.42% |
2021 | 1.09% |
2020 | -3.97% |
2019 | 59.43% |
AL Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching AL
Want to see what other sources are saying about Air Lease Corp's financials and stock price? Try the links below:Air Lease Corp (AL) Stock Price | Nasdaq
Air Lease Corp (AL) Stock Quote, History and News - Yahoo Finance
Air Lease Corp (AL) Stock Price and Basic Information | MarketWatch
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