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Air Lease Corporation is a rental & leasing services business based in the US. Air Lease Corporation shares (AL) are listed on the NYSE and all prices are listed in US Dollars. Air Lease Corporation employs 117 staff and has a trailing 12-month revenue of around USD$2.1 billion.
|Latest market close||USD$41.13|
|52-week range||USD$8.1863 - USD$48.6309|
|50-day moving average||USD$39.5797|
|200-day moving average||USD$32.0947|
|Wall St. target price||USD$46.5|
|Dividend yield||USD$0.64 (1.48%)|
|Earnings per share (TTM)||USD$4.875|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-15)||-4.97%|
|1 month (2020-12-23)||-3.86%|
|3 months (2020-10-22)||28.61%|
|6 months (2020-07-22)||50.94%|
|1 year (2020-01-22)||-12.62%|
|2 years (2019-01-22)||13.18%|
|3 years (2018-01-22)||49.29|
|5 years (2016-01-22)||61.10%|
Valuing Air Lease Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Air Lease Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Air Lease Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Air Lease Corporation shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Air Lease Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.91. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Air Lease Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Air Lease Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.9 billion.
The EBITDA is a measure of a Air Lease Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.1 billion|
|Operating margin TTM||56.95%|
|Gross profit TTM||USD$1.3 billion|
|Return on assets TTM||3.27%|
|Return on equity TTM||9.97%|
|Market capitalisation||USD$4.9 billion|
TTM: trailing 12 months
There are currently 7.0 million Air Lease Corporation shares held short by investors – that's known as Air Lease Corporation's "short interest". This figure is 9.3% down from 7.7 million last month.
There are a few different ways that this level of interest in shorting Air Lease Corporation shares can be evaluated.
Air Lease Corporation's "short interest ratio" (SIR) is the quantity of Air Lease Corporation shares currently shorted divided by the average quantity of Air Lease Corporation shares traded daily (recently around 1.1 million). Air Lease Corporation's SIR currently stands at 6.24. In other words for every 100,000 Air Lease Corporation shares traded daily on the market, roughly 6240 shares are currently held short.
However Air Lease Corporation's short interest can also be evaluated against the total number of Air Lease Corporation shares, or, against the total number of tradable Air Lease Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Air Lease Corporation's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Air Lease Corporation shares in existence, roughly 60 shares are currently held short) or 0.066% of the tradable shares (for every 100,000 tradable Air Lease Corporation shares, roughly 66 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Air Lease Corporation.
Find out more about how you can short Air Lease Corporation stock.
Dividend payout ratio: 12.53% of net profits
Recently Air Lease Corporation has paid out, on average, around 12.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Air Lease Corporation shareholders could enjoy a 1.48% return on their shares, in the form of dividend payments. In Air Lease Corporation's case, that would currently equate to about $0.64 per share.
While Air Lease Corporation's payout ratio might seem low, this can signify that Air Lease Corporation is investing more in its future growth.
Air Lease Corporation's most recent dividend payout was on 6 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 December 2020 (the "ex-dividend date").
Over the last 12 months, Air Lease Corporation's shares have ranged in value from as little as $8.1863 up to $48.6309. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Air Lease Corporation's is 2.1606. This would suggest that Air Lease Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.
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