AL 📈 Air Lease - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US00912X3026
AL: Aircraft, Leasing, Fleet, Management, Services
Air Lease Corporation is a prominent player in the aircraft leasing industry, with a business model that revolves around the acquisition and leasing of commercial jet aircraft to airlines across the globe. This approach enables the company to provide airlines with flexible access to a wide range of aircraft, allowing them to manage their fleets more efficiently. By leveraging its expertise in aircraft leasing, Air Lease Corporation is able to generate revenue through lease rentals, as well as through the sale of aircraft from its fleet to third-party buyers, including other leasing companies, financial institutions, and airlines.
The company's fleet management services are another key aspect of its operations, as they provide investors and owners of aircraft portfolios with comprehensive management solutions. These services enable clients to optimize the performance of their aircraft assets, while also minimizing the administrative burdens associated with aircraft ownership. As of December 31, 2023, Air Lease Corporation's fleet consisted of 463 aircraft, comprising 345 narrowbody aircraft and 118 widebody aircraft, which are leased to a diverse range of airlines worldwide. This extensive fleet provides the company with a significant platform for generating lease revenue and pursuing growth opportunities in the global aircraft leasing market.
Founded in 2010, Air Lease Corporation is headquartered in Los Angeles, California, and is listed on the New York Stock Exchange (NYSE) under the ticker symbol AL. The company's common stock is classified under the GICS Sub Industry category of Trading Companies & Distributors, reflecting its role as a specialist in the trading and leasing of commercial aircraft. With a strong online presence, including its website at https://www.airleasecorp.com, Air Lease Corporation is well-positioned to maintain its leadership in the aircraft leasing sector, while also providing investors with access to a unique and attractive investment opportunity. The company's ISIN, US00912X3026, provides a further identifier for investors and researchers seeking to track the company's performance and activities.
Additional Sources for AL Stock
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Fund Manager Positions: Dataroma Stockcircle
AL Stock Overview
Market Cap in USD | 5,593m |
Sector | Industrials |
Industry | Rental & Leasing Services |
GiC Sub-Industry | Trading Companies & Distributors |
IPO / Inception | 2011-04-19 |
AL Stock Ratings
Growth 5y | 25.1% |
Fundamental | -11.0% |
Dividend | 61.0% |
Rel. Strength Industry | 3.49 |
Analysts | 4.29/5 |
Fair Price Momentum | 46.71 USD |
Fair Price DCF | - |
AL Dividends
Dividend Yield 12m | 1.30% |
Yield on Cost 5y | 1.45% |
Annual Growth 5y | 8.45% |
Payout Consistency | 100.0% |
AL Growth Ratios
Growth Correlation 3m | 79.7% |
Growth Correlation 12m | 38.4% |
Growth Correlation 5y | 49.8% |
CAGR 5y | 2.21% |
CAGR/Mean DD 5y | 0.11 |
Sharpe Ratio 12m | 0.54 |
Alpha | -22.11 |
Beta | 1.63 |
Volatility | 42.38% |
Current Volume | 1605.3k |
Average Volume 20d | 693.1k |
As of December 22, 2024, the stock is trading at USD 48.57 with a total of 1,605,313 shares traded.
Over the past week, the price has changed by -1.72%, over one month by +1.80%, over three months by +6.52% and over the past year by +22.00%.
Neither. Based on ValueRay Fundamental Analyses, Air Lease is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -11.00 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of AL as of December 2024 is 46.71. This means that AL is currently overvalued and has a potential downside of -3.83%.
Air Lease has received a consensus analysts rating of 4.29. Therefor, it is recommend to buy AL.
- Strong Buy: 3
- Buy: 3
- Hold: 1
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, AL Air Lease will be worth about 50.5 in December 2025. The stock is currently trading at 48.57. This means that the stock has a potential upside of +3.87%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 57.6 | 18.5% |
Analysts Target Price | 53.2 | 9.5% |
ValueRay Target Price | 50.5 | 3.9% |