Air Lease Stock Today

AL -  USA Stock  

USD 46.25  0.46  1.00%

Air Lease stock is selling for 46.25 as of the 13th of June 2021. This is a 1.00 percent up since the beginning of the trading day. The stock's lowest day price was 45.47. Air Lease has about a 42 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 Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of March 2021 and ending today, the 13th of June 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 42

Air Lease Stock Profile

The next fiscal quarter end is expected on the 30th of June 2021. Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. Air Lease Corporation 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. It employs 120 people. more on Air Lease
Air Lease Corp generates negative expected return over the last 90 days
Air Lease Corp was also traded as Air Lease on NYQ Exchange under the symbol AL-PA.
Air Lease Corp has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Yvette Clark of 36 shares of Air Lease subject to Rule 16b-3
Air Lease Fama & French Business Services
Business Services
Fama & French Classification
Air Lease Corp SEC Filings
Air Lease SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameAir Lease Corp
Older SymbolAL-PA
CEOJohn Plueger  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Business Services
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 Corp. The Air Lease consensus assessment is calculated by taking the average forecast from all of the analysts covering Air Lease.
Strong Buy5 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Air Lease Corp 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 Corp 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.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares119.6 M113.7 M
Sufficiently Up
Increasing
Slightly volatile
Weighted Average Shares Diluted123.1 M114 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations1.1 B1.1 B
Slightly Down
Increasing
Slightly volatile
Total Assets21.4 B25.2 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities16 B19.1 B
Fairly Down
Increasing
Slightly volatile
Current Assets3.8 B3.6 B
Significantly Up
Increasing
Slightly volatile
Current Liabilities1.7 B1.6 B
Significantly Up
Increasing
Slightly volatile
Total Debt13.7 B16.5 B
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.02610.021
Fairly Up
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.10.085
Fairly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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
Average Bond Rating: BBB-Tolerable
Air Lease Corp (AL) is traded on New York Stock Exchange in USA. It is located in 2000 Avenue of the Stars, Suite 1000N, Los Angeles, CA 90067, United States and employs 120 people. Air Lease Corp was also traded as Air Lease on NYQ Exchange under the symbol AL-PA. Air Lease is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 5.33 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 these looking for more risk prefer small-cap and mid-cap equities. Air Lease Corp is active under Industrials sector as part of Rental & Leasing Services industry. The entity has 114.09 M outstanding shares of which 4.46 M shares are presently sold short in the market by investors with about 5.09 days to cover all shorted shares. Air Lease Corp reports about 1.73 B in cash with 1.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.23.
Check Air Lease Probability Of Bankruptcy
Ownership
Air Lease holds a total of one hundred fourteen million ninety thousand outstanding shares. The majority of Air Lease Corp 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 Corp 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 Corp as this could imply that something significant has changed or about to change at the company. Also note that nearly five million seven hundred four thousand five hundred invesors are currently shorting Air Lease expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Air Lease Ownership Details

Air Lease Stock Price Odds Analysis

What are Air Lease's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Air Lease jumping above the current price in 90 days from now is about 78.18%. The Air Lease Corp 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 1.6156. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Air Lease will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this equity is not justified. Air Lease Corp is significantly underperforming DOW.
 Odds Down 46.25HorizonTargetOdds Up 46.25 
21.60%90 days
 46.25 
78.18%
Based on a normal probability distribution, the odds of Air Lease to move above the current price in 90 days from now is about 78.18 (This Air Lease Corp probability density function shows the probability of Air Lease Stock to fall within a particular range of prices over 90 days) .

Air Lease Historical Income Statement

Air Lease Corp Income Statement is one of the three primary financial statements used for reporting Air Lease'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 Corp revenue and expense. Air Lease Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Air Lease Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. The company's current value of Selling General and Administrative Expense is estimated at 97.99 Million. Weighted Average Shares is expected to hike to about 119.6 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to nearly 1 B. View More Fundamentals

Air Lease 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 Corp at a given time.

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 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.
Ronald Sugar - Independent DirectorProfile
ron Sugar - Independent DirectorProfile
Robert Milton - Lead Director, Independent DirectorProfile
Matthew Hart - Independent DirectorProfile
Please continue to Trending Equities. Note that the Air Lease Corp information on this page should be used as a complementary analysis to other Air Lease's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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The market value of Air Lease Corp is measured differently than its book value, which is the value of Air Lease that is recorded on the company's balance sheet. Investors also form their own opinion of Air Lease stock'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 Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Lease's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Air Lease value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Lease's stock 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.