What are analysts'price targets for Air Lease's stock?
4 equities research analysts have issued 1-year price targets for Air Lease's stock. Their forecasts range from $50.00 to $61.00. On average, they anticipate Air Lease's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 38.2% from the stock's current price.
What is the ticker symbol for Air Lease?
Air Lease trades on the New York Stock Exchange (NYSE) under the ticker symbol "AL." Who are Air Lease's major shareholders? Air Lease's stock is owned by many different institutional and retail investors.
How much of Air Lease's stock is owned by institutions?
89.55% of the stock of Air Lease is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Air Lease are expected to grow by 43.27% in the coming year, from $3.12 to $4.47 per share.
Is Air Lease (al) a good buy on Wall Street?
Air Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings. According to analysts' consensus price target of $55.00, Air Lease has a forecasted upside of 38.2% from its current price of $39.79.
Is Air Lease a buy?
Air Lease has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
What does Air Lease do?
Air Lease Corporation is a leading aircraft leasing company principally engaged in purchasing commercial aircraft and leasing them to its valued airline customers worldwide.
What sector is Air Lease?
Aircraft leasesAir Lease CorporationTypePublicIndustryAircraft leasesFoundedFebruary 2010HeadquartersLos Angeles, California , United StatesKey peopleSteven F. Udvar-Házy (Executive Chairman) John Plueger (President and CEO)7 more rows
What is the largest aircraft leasing company?
AerCap Holdings N.V.AerCap Holdings N.V. is the largest aircraft leasing company after acquiring International Lease Finance Corporation (ILFC) in 2014, then GECAS from General Electric in 2021. Its assets include wide-body aircraft, regional jets, cargo aircraft, aircraft engines, and helicopters.
Is aircraft leasing profitable?
Leasing companies In short, yes, they are profitable. With aviation booming as it is and passenger numbers rising yearly, airlines do lease more and more aircraft. According to a KPMG report about the aviation industry leaders, around 15% of the global aviation fleet was leased by airlines in 1999.
Is Al a good stock to buy?
Based on analyst ratings, Air Lease's 12-month average price target is $56.00. What is AL's upside potential, based on the analysts' average price target? Air Lease has 69.95% upside potential, based on the analysts' average price target.
Who do airlines Lease planes from?
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity.
How many planes does AerCap own?
Our Fleet Information AerCap is the largest owner of commercial aircraft in the world with over 1,800 aircraft, over 900 engines and over 300 helicopters, and an order book of more than 460 of the most fuel efficient and technologically advanced aircraft in the world.
How do airlines lease planes?
Most airlines usually don't have, or would rather not spend, this much money on just one order. So instead, airlines opt to lease their aircraft from an aircraft lessor. In essence, lessors purchase planes from manufacturers like Airbus and Boeing and lease them to airlines for a monthly rental over a fixed period.
What is Aircraft Lease agreement?
An aircraft lease agreement is a contract between the aircraft owner and the lessee. The leasing company, typically airlines, provides payments for the use of airplanes.
How do you lease back a plane?
Under a sale-leaseback arrangement, the aircraft owner sells the aircraft to the lender or lessor who then immediately leases the aircraft back to the original owner. There will be no interruption or disruption of aircraft operations, but the transaction should give the company some extra cash.
How many planes does AerCap own?
Our Fleet Information AerCap is the largest owner of commercial aircraft in the world with over 1,800 aircraft, over 900 engines and over 300 helicopters, and an order book of more than 460 of the most fuel efficient and technologically advanced aircraft in the world.
Is Air Lease stock a Buy, Sell or Hold?
Air Lease stock has received a consensus rating of buy. The average rating score is and is based on 7 buy ratings, 0 hold ratings, and 0 sell ratings.
What was the 52-week low for Air Lease stock?
The low in the last 52 weeks of Air Lease stock was 33.16. According to the current price, Air Lease is 112.18% away from the 52-week low.
What was the 52-week high for Air Lease stock?
The high in the last 52 weeks of Air Lease stock was 50.02. According to the current price, Air Lease is 74.37% away from the 52-week high.
What are analysts forecasts for Air Lease stock?
The 7 analysts offering price forecasts for Air Lease have a median target of 51.71, with a high estimate of 61.00 and a low estimate of 40.00. The...
When will Air Lease Corporation announce financial results?
LOS ANGELES-- (BUSINESS WIRE)--Air Lease Corporation (ALC) (NYSE: AL) announces financial results for the three months and year ended December 31, 2020. “2020 concludes the toughest year in the history o...
Who is the CEO of Air Lease?
Apr.19 -- Air Lease CEO John Plueger speaks to Bloomberg's Alix Steel and Guy Johnson on the 10 year anniversary of the companies' initial listing on the NYSE about the future of air travel post-pandemi...
Who is the lease company for Boeing 737-9?
LOS ANGELES-- (BUSINESS WIRE)--Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Boeing 737-9 aircraft on long-term lease to Aeromexico. This is the first of four new Boeing 737-9s...
When is Air Lease conference call 2021?
LOS ANGELES-- (BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) will host a conference call on May 6, 2021 at 4:30 PM Eastern Time to discuss the Company's financial results for the first quarter of 2021...