Air Lease Stock Today

AL Stock  USD 49.08  0.34  0.69%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 35

 
High
 
Low
Below Average
Air Lease is selling for 49.08 as of the 17th of December 2024. This is a 0.69% down since the beginning of the trading day. The stock's lowest day price was 48.78. Air Lease has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 2.69 M shares are presently sold short in the market by investors with about 3.81 days to cover all shorted shares. More on Air Lease

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Air Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Plueger
Thematic Ideas
(View all Themes)
Business ConcentrationTrading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, SP Small-Cap 600, Air, Rentals, Business Services, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.09740.0882
Significantly Up
Pretty Stable
Gross Profit Margin0.50.358
Significantly Up
Slightly volatile
Net Debt10.7 B18.7 B
Way Down
Slightly volatile
Total Current Liabilities4.6 B4.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.5 B18.9 B
Way Down
Slightly volatile
Total Assets17.9 B30.5 B
Way Down
Slightly volatile
Total Current Assets572.3 M464.5 M
Fairly Up
Slightly volatile
Total Cash From Operating Activities1.1 B1.7 B
Way Down
Slightly volatile
Debt Levels
Air 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.
Liquidity
Air Lease reports 19.18 B of total liabilities with total debt to equity ratio (D/E) of 2.85, which may imply that the company relies heavily on debt financing. Air Lease has a current ratio of 0.88, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Air to invest in growth at high rates of return.

Sale Purchase Of Stock

(3.52 Million)
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 5.54 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 2.69 M shares are presently sold short in the market by investors with about 3.81 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 Allocation
Air 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 eight hundred five thousand one hundred thirty-five invesors are currently shorting Air Lease expressing very little confidence in its future performance.
Check Air Ownership Details

Air Stock Institutional Holders

InstituionRecorded OnShares
Lyrical Asset Management Lp2024-09-30
M
Allspring Global Investments Holdings, Llc2024-09-30
M
Copeland Capital Management, Llc2024-09-30
1.8 M
Geode Capital Management, Llc2024-09-30
1.6 M
Reinhart Mahoney Capital Management Inc2024-09-30
1.5 M
Bank Of America Corp2024-09-30
1.4 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2024-09-30
1.4 M
Capital Research Global Investors2024-09-30
1.4 M
Cooke & Bieler Lp2024-09-30
1.3 M
Blackrock Inc2024-06-30
13 M
Vanguard Group Inc2024-09-30
11.8 M
View Air Lease Diagnostics

Air Lease Historical Income Statement

At this time, Air Lease's Operating Income is quite stable compared to the past year. Non Recurring is expected to rise to about 1.6 B this year, although the value of Interest Expense will most likely fall to about 34.5 M. View More Fundamentals

Air Stock Against Markets

Air Lease Corporate Directors

Robert MiltonLead Director, Independent DirectorProfile
Matthew HartIndependent DirectorProfile
Cheryl KrongardIndependent DirectorProfile
Ian SainesIndependent DirectorProfile

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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.