AL-PA Company Profile and Key Details

Air Lease Corporation last paid a dividend of 2.3 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Air Lease Corporation (NYSE:AL-PA) closed at $35.02 USD, losing -$0.22 (-0.61%) from the previous close of $35.23. The stock is currently mid-range between its 52-week high and low $24.13 and $46.17. With a market capitalization of about $5.91 billion, Air Lease Corporation is classified as a mid-cap and shows higher-than-market volatility (beta ~1.60). Key stats such as the average daily volume over the past year has been around 204.63 thousand shares, volume is running light vs its 52-week average. Headquartered in Los Angeles, CA, Air Lease Corporation operates in the Industrials sector and the Rental & Leasing Services industry. Led by CEO John L. Plueger, the company employs approximately 163 people and listed since February 27, 2019. Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide.

Air Lease Corporation earnings surprise history is a mixed track record. The quarter that ended August 06, 2020, missed forecasts by 18.87%. The prior quarter beat by -4.88%. Over the last six quarters, Apple has recorded several small beats. These include 2.9% in February 14, 2020.

Air Lease Corporation trades at a P/E ratio of 7.07, slightly below the S&P 500 average, with a price-to-sales ratio of 2.48 and a price-to-book ratio of 0.86 suggesting the stock is closer to book value. The P/FCF stands at -3.97, also below market averages.

Air Lease Corporation (NYSE:AL-PA) shares are flat -3.15% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Air Lease Corporation trading at a premium to the broader market with a P/E of 7.07.

Our AI price prediction model suggests that Air Lease Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -31.06%, with price expected at $25.73 by November 24, 2023, within a range of $25.48 to $25.97