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Tuesday, September 26, 2023

Analysts Point To Air Lease Corporation (NYSE: AL) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Air Lease Corporation (AL) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.73, or -1.81%, to $39.52. The Air Lease Corporation has recorded 10,027 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Air Lease Corporation Announces Lease Placement of One Airbus A330-200 Aircraft with HiSky.

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Stocks Info

As a NYSE listed company, AL falls under the Industrials sector while operating within the Rental & Leasing Services industry segment. At the end of the last regular session, the stock closed at $40.25 and fluctuated between $40.71 as its day high and $39.58 as its day low. The current market capitalization of Air Lease Corporation is $4.42B. A total of 0.52 million shares were traded on the day, compared to an average of 637.01K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, AL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 29 BUYs and 23 SELLs from insiders. Insiders purchased 178,515 shares during that period but sold 94,477.

In the most recent transaction, Khatibi Alex A sold 25,000 shares of AL for 40.00 per share on Jun 06. After the transaction, the EVP now owns 89,266 company shares. In a previous transaction on May 31, Clark Yvette Hollingsworth bought 2,600 shares at 37.96 per share. AL shares that Director owns now total 19,856.

Among the insiders who sold shares, Willis Gregory B disposed of 14,139 shares on Feb 22 at a per-share price of $42.79. This resulted in the EVP AND CFO holding 63,889 shares of AL after the transaction. In another insider transaction, Levy Grant A sold 10,000 shares at $39.27 per share on Dec 14. Company shares held by the EVP now total 146,693.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Air Lease Corporation pays an annual dividend of $0.80, resulting in a dividend yield of 1.99%, and it has a price to earnings (P/E) ratio of 9.41. AL’s most recent ex-dividend date was 9/11/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 10/6/2023. Previously, the company paid the dividend on 7/7/2023 with an ex-dividend date of 6/5/2023. The AL stock dividend was $0.20 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for AL in the last 3 months, the mean price target is $54.29 with high estimates of $60.00 and low estimates of $43.00. In terms of 52-week highs and lows, AL has a high of $46.20 and a low of $30.08.

As of this writing, AL has an earnings estimate of $1.12 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.34 per share and a lower estimate of $0.9. The company reported an EPS of $1.06 in the last quarter, which was 12.80% higher than expectations of $0.94.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. AL’s latest balance sheet shows that the firm has $1.09B in Cash & Short Term Investments as of fiscal 2021. There were $17.02B in debt and $750.57M in liabilities at the time. Its Book Value Per Share was $61.72, while its Total Shareholder’s Equity was $7.01B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AL is Buy with a score of 4.71.

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