TOP PICK
Air Lease
Growing revenues and earnings nicely, multiple going down at same time. 7-8x PE. Largest leasing company of new aircraft in the world. Profitable during pandemic, raised dividend each year. Taking advantage of supply chain chaos, enjoying upward pressure on lease rates. Debt-ridden airlines that can't buy, lease instead. Escalators in leasing agreements. Yield is 2.14%. (Analysts’ price target is $54.83)
Financial Services
PARTIAL SELL
Air Lease
A leader in its industry. The stock has held up through the pandemic. It is losing its appeal because it continued to grow and the valuation multiple has shrunk. It under-performed his expectations and now he thinks the growth prospects are going to diminish. There will be a benefit however where airlines who took on debt may have to lease, rather than buy new aircraft.
Financial Services
PAST TOP PICK
Air Lease
(A Top Pick Nov 11/19, Down 17%) Their revenues and earnings will be up this year. Airlines are relying on government assistance to survive. They won't be able to get new planes after the pandemic and so AL-N will benefit as they will have to lease.
Financial Services
PAST TOP PICK
Air Lease
(A Top Pick Jun 24/19, Down 22%) Going forward they are in the enviable position amongst competitors. The average age of aircraft leased to airlines is 3.7 years. Older planes are retired first. So they will hang on to their AL-N aircrafts. Airlines will be in a weaker position to purchase aircraft so will be more likely to lease them.
Financial Services
HOLD
Air Lease
It's been hit like all airline stocks during this lockdown, and has fallen the most in his portfolio. It's the blue-chip airplane leasing company in the world, which is a plus. They own planes in the first third of their shelf life, another positive. They have a strong balance sheet. Another plus is that Asia is their biggest customer as well as eastern Europe, but not America, which has been disproportionately hit by the virus. He still likes it.
Financial Services
PAST TOP PICK
Air Lease
(A Top Pick Mar 11/19, Up 39%) You have 20% growth on top and bottom lines next year and it is trading at 7.5 times earnings. He continues to like it.
Financial Services
PAST TOP PICK
Air Lease
(A Top Pick Dec 10/18, Up 27%) It is growing rapidly and is priced at a single digit PE ratio. The PE cannot fall much more than where it is now.
Financial Services
TOP PICK
Air Lease
They are expecting to grow revenues and earnings 25% next year and it is at 7 times earnings. This management team is building their second company of this sort. The 737max should resume service in January. They have 4-5% of their aircraft being the Maxes so their exposure is quite manageable. (Analysts’ price target is $55.20)
Financial Services
PAST TOP PICK
Air Lease
(A Top Pick Dec 10/18, Up 16%) He has owned it for 6 years. It was growing 20% and trading at 15 times. Since then it has gone up about 7% a year but the earnings per share have gone up 17% per year. It is still expected to grow at 20% this year and next even though trading at 7 times earnings.
Financial Services
TOP PICK
Air Lease
Growing 20% top and bottom line this year and next, at 7 times earnings it is too good to pass up. (Analysts’ price target is $52.91)
Financial Services
WATCH
Air Lease
He has owned it before. It has an excellent management team. But he thinks we have seen the peak of the aircraft cycle. He would keep it on the watch list.
Financial Services
TOP PICK
Air Lease
They are a distributor for aircraft. They buy in bulk. It is cheaper to lease it than to buy it direct. It is growing 20% this year and next and trading at about 6 times earnings. With the aircraft crash over the weekend it is probably an even better buying opportunity. (Analysts’ price target is $51.30)
Financial Services
TOP PICK
Air Lease
He has recommended it in the past. It is back to its bottom end of valuation. They have an influx of deliveries next year. They are a distributor for planes outside North America. (Analysts’ price target is $58.38)
Financial Services
PAST TOP PICK
Air Lease

(Top Pick Aug 15/16, Up 36%) They are like a distributor for BA-N and Air Bus. He lightened up, but they are still growing. It is a hold now.

Financial Services
PAST TOP PICK
Air Lease

(A Top Pick Dec 14/15. Up 17.49%.) He still likes this. They’ve been delivering strong results for 3 years, but the PE multiple has continued to contract, and it has finally seen a lift. Had 21% EPS growth last quarter, and a 19% ROE on a pre-tax basis adjusted, which was their highest ever.

Financial Services
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Air Lease(AL-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Air Lease is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Air Lease(AL-N) Frequently Asked Questions

What is Air Lease stock symbol?

Air Lease is a American stock, trading under the symbol AL-N on the New York Stock Exchange (AL). It is usually referred to as NYSE:AL or AL-N

Is Air Lease a buy or a sell?

In the last year, there was no coverage of Air Lease published on Stockchase.

Is Air Lease a good investment or a top pick?

Air Lease was recommended as a Top Pick by on . Read the latest stock experts ratings for Air Lease.

Why is Air Lease stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Air Lease worth watching?

0 stock analysts on Stockchase covered Air Lease In the last year. It is a trending stock that is worth watching.

What is Air Lease stock price?

On 2023-03-10, Air Lease (AL-N) stock closed at a price of $39.25.