Air Stock Today

AL Stock  USD 38.17  1.24  3.15%   

Market Performance

0 of 100


Odds Of Distress

Less than 41

Air Lease is selling for 38.17 as of the 2nd of October 2023. This is a -3.15 percent down since the beginning of the trading day. The stock's lowest day price was 37.88. Air Lease has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Air Lease are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2023 and ending today, the 2nd of October 2023. Click here to learn more.
Business Domain
Capital Goods
IPO Date
19th of April 2011
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. The company was incorporated in 2010 and is headquartered in Los Angeles, California. Air Lease operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 111.03 M outstanding shares of which 965.98 K shares are presently sold short in the market by investors with about 1.98 days to cover all shorted shares. More on Air Lease

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Air Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air Lease's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Lease or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Older SymbolAL-PA
CEOJohn Plueger
SEC FilingsAir Lease Security & Exchange Commission EDGAR Reports
Old NameAL
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering Air Lease report their recommendations after researching Air Lease's financial statements, talking to executives and customers, or listening in on Air Lease's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Air Lease. The Air consensus assessment is calculated by taking the average forecast from all of the analysts covering Air Lease.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Air Lease based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Air Lease financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted123.2 M111.6 M
Significantly Up
Slightly volatile
Weighted Average Shares120.3 M111.6 M
Significantly Up
Slightly volatile
Return on Average Assets(0.0051)(0.005)
Fairly Down
Slightly volatile
Net Cash Flow from Operations1.3 B1.4 B
Sufficiently Down
Slightly volatile
Current Liabilities2.1 BB
Significantly Up
Slightly volatile
Total Liabilities18.9 B21.8 B
Fairly Down
Slightly volatile
Gross Margin0.890.9
Fairly Down
Slightly volatile
Total Debt16.1 B18.6 B
Fairly Down
Slightly volatile
Asset Turnover0.08390.083
Fairly Up
Slightly volatile
Current Assets1.8 B2.1 B
Fairly Down
Slightly volatile
Total Assets25 B28.4 B
Fairly Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Air Lease's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Air Lease (AL) is traded on New York Stock Exchange in USA. It is located in 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067 and employs 151 people. Air Lease was also traded as Air Lease on New York Stock Exchange under the symbol AL-PA. Air Lease is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 4.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Lease's market, we take the total number of its shares issued and multiply it by Air Lease's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air Lease is active under Trading Companies & Distributors sector as part of Industrials industry. The entity has 111.03 M outstanding shares of which 965.98 K shares are presently sold short in the market by investors with about 1.98 days to cover all shorted shares. Air Lease reports about 766.42 M in cash with 1.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.13.
Check Air Lease Probability Of Bankruptcy
Air Lease retains a total of 111.03 Million outstanding shares. The majority of Air Lease outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Air Lease to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Air Lease. Please pay attention to any change in the institutional holdings of Air Lease as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Air Ownership Details

Air Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Air Lease jumping above the current price in 90 days from now is about 99.0%. The Air Lease probability density function shows the probability of Air Lease stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1002. This suggests Air Lease market returns are very sensitive to returns on the market. As the market goes up or down, Air Lease is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Air Lease is significantly underperforming NYSE Composite.
  Odds Below 38.17HorizonTargetOdds Above 38.17
1.47%90 days
Based on a normal probability distribution, the odds of Air Lease to move above the current price in 90 days from now is about 99.0 (This Air Lease probability density function shows the probability of Air Stock to fall within a particular range of prices over 90 days) .

Air Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Air Lease that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Air Lease's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Air Lease's value.
InstituionLast TransactionTypeSharesValue
Vanguard Group Inc2023-06-30Common Shares10.2 M425 M
Jpmorgan Chase Co2023-06-30Common Shares6.7 M281.4 M
Dimensional Fund Advisors Lp2023-06-30Common Shares6.6 M274.3 M
Blackrock Inc2023-06-30Common Shares5.6 M235 M
Wellington Management Group Llp2023-06-30Common Shares3.5 M147.6 M
T Rowe Price Investment Management Inc2023-06-30Common Shares2.9 M123.1 M
Capital International Investors2023-06-30Common Shares2.8 M116.9 M
Invesco Ltd2023-06-30Common Shares2.7 M113.3 M
Artisan Partners Limited Partnership2023-06-30Common Shares2.7 M112.1 M
Royce Associates Lp2023-06-30Common Shares2.5 M105.1 M
Allspring Global Investments Holdings Llc2023-06-30Common Shares2.4 M99.3 M
View Air Lease Diagnostics

Air Lease Historical Income Statement

Air Lease Income Statement is one of the three primary financial statements used for reporting Air's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Air Lease revenue and expense. Air Lease Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Air Lease Earning Before Interest and Taxes EBIT is quite stable at the moment as compared to the past year. The company's current value of Earning Before Interest and Taxes EBIT is estimated at 418.13 Million. Operating Expenses is expected to rise to about 2.1 B this year, although the value of Gross Profit will most likely fall to about 2.1 B. View More Fundamentals

Air Stock Against Markets

Picking the right benchmark for Air Lease stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Air Lease stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Air Lease is critical whether you are bullish or bearish towards Air Lease at a given time. Please also check how Air Lease's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Air Lease without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Air Lease Corporate Directors

Air Lease corporate directors refer to members of an Air Lease board of directors. The board of directors generally takes responsibility for the Air Lease's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Air Lease's board members must vote for the resolution. The Air Lease board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert MiltonLead Director, Independent DirectorProfile
Ronald SugarIndependent DirectorProfile
ron SugarIndependent DirectorProfile
Matthew HartIndependent DirectorProfile

How to buy Air Stock?

Before investing in Air Lease, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Air Lease. To buy Air Lease stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air Lease. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Air Lease stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Air Lease stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Air Lease stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Air Lease, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Air Stock please use our How to Invest in Air Lease guide.

Already Invested in Air Lease?

The danger of trading Air Lease is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air Lease is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air Lease. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air Lease is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Air Stock please use our How to buy in Air Stock guide. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Air Lease's price analysis, check to measure Air Lease's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Lease is operating at the current time. Most of Air Lease's value examination focuses on studying past and present price action to predict the probability of Air Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Lease's price. Additionally, you may evaluate how the addition of Air Lease to your portfolios can decrease your overall portfolio volatility.
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Is Air Lease's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Lease. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Lease listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Air Lease is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease's value that differs from its market value or its book value, called intrinsic value, which is Air Lease's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Lease's market value can be influenced by many factors that don't directly affect Air Lease's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Lease is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.