Air Lease Stock Today
| AL Stock | USD 50.90 0.19 0.37% |
Performance12 of 100
| Odds Of DistressLess than 33
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Air Lease is selling for 50.90 as of the 30th of November 2024. This is a 0.37% increase since the beginning of the trading day. The stock's lowest day price was 50.89. Air Lease has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Air Lease's common stock.
Business Domain Capital Goods | IPO Date 19th of April 2011 | Category Industrials |
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 111.38 M outstanding shares of which 2.98 M shares are presently sold short in the market by investors with about 4.17 days to cover all shorted shares. More on Air Lease
Moving together with Air Stock
| 0.91 | R | Ryder System | PairCorr |
| 0.65 | WLFC | Willis Lease Finance | PairCorr |
| 0.72 | AER | AerCap Holdings NV | PairCorr |
| 0.9 | CAR | Avis Budget Group | PairCorr |
Moving against Air Stock
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Air Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | John Plueger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, SP Small-Cap 600, Rentals, Air, Business Services, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAir Lease can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Air Lease's financial leverage. It provides some insight into what part of Air Lease's total assets is financed by creditors.
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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 163 people. 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 5.67 B. Air Lease is active under Trading Companies & Distributors sector as part of Industrials industry. The entity has 111.38 M outstanding shares of which 2.98 M shares are presently sold short in the market by investors with about 4.17 days to cover all shorted shares.
Air Lease reports about 766.42 M in cash with 1.75 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.13.
Check Air Lease Probability Of Bankruptcy
Ownership AllocationAir Lease holds a total of 111.38 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 is about to change at the company. Also note that nearly six million two hundred fourty-eight thousand two hundred fifty invesors are currently shorting Air Lease expressing very little confidence in its future performance.
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Air Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Allspring Global Investments Holdings, Llc | 2024-06-30 | 2.1 M | |
| Lyrical Asset Management Lp | 2024-09-30 | 2 M | |
| Copeland Capital Management, Llc | 2024-09-30 | 1.8 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.8 M | |
| Geode Capital Management, Llc | 2024-09-30 | 1.6 M | |
| Reinhart Mahoney Capital Management Inc | 2024-09-30 | 1.5 M | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2024-09-30 | 1.4 M | |
| Capital Research Global Investors | 2024-09-30 | 1.4 M | |
| Bank Of America Corp | 2024-06-30 | 1.4 M | |
| Blackrock Inc | 2024-06-30 | 13 M | |
| Vanguard Group Inc | 2024-09-30 | 11.8 M |
Air Lease Historical Income Statement
Air Stock Against Markets
Air Lease Corporate Directors
| Robert Milton | Lead Director, Independent Director | Profile | |
| Matthew Hart | Independent Director | Profile | |
| Cheryl Krongard | Independent Director | Profile | |
| Ian Saines | Independent Director | Profile |
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 Sharpe 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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Air Stock please use our How to buy in Air Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Trading Companies & Distributors space 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 (0.25) | Dividend Share 0.84 | Earnings Share 4.39 | Revenue Per Share 24.608 | Quarterly Revenue Growth 0.047 |
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.