Analysts See $1.23 EPS for Air Lease Corporation (AL)

October 11, 2018 - By Vivian Park

Air Lease Corporation (NYSE:AL) LogoInvestors sentiment is 1.15 in Q2 2018. Its the same as in 2018Q1. It has no change, as 31 investors sold Air Lease Corporation shares while 78 reduced holdings. only 31 funds opened positions while 94 raised stakes. 87.05 million shares or 2.09% more from 85.26 million shares in 2018Q1 were reported.
106,546 were reported by Ubs Asset Mgmt Americas Inc. Moreover, Regions has 0.01% invested in Air Lease Corporation (NYSE:AL). Earnest Ptnrs Lc holds 0.14% of its portfolio in Air Lease Corporation (NYSE:AL) for 351,787 shares. State Street Corp holds 0% or 1.29 million shares. Ny State Common Retirement Fund invested 0.02% of its portfolio in Air Lease Corporation (NYSE:AL). Barclays Public Limited invested in 5,862 shares or 0% of the stock. Tiverton Asset Management Limited Liability holds 0.04% in Air Lease Corporation (NYSE:AL) or 18,187 shares. Sg Americas Ltd Company invested 0.01% in Air Lease Corporation (NYSE:AL). Capital Rech Global Investors holds 0.02% of its portfolio in Air Lease Corporation (NYSE:AL) for 1.84M shares. Denali Limited Liability Co reported 0.57% of its portfolio in Air Lease Corporation (NYSE:AL). California State Teachers Retirement Sys, a California-based fund reported 157,673 shares. Peak6 Invs L P holds 3,410 shares or 0% of its portfolio. Beach Inv Lc owns 1.59% invested in Air Lease Corporation (NYSE:AL) for 22,950 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment has invested 0.01% in Air Lease Corporation (NYSE:AL). 32 are held by Ftb Incorporated.

Since June 4, 2018, it had 0 insider purchases, and 6 insider sales for $3.41 million activity. 5,000 shares were sold by Baer Marc H, worth $227,577 on Thursday, June 7. Another trade for 6,000 shares valued at $281,421 was made by Poerschke John D on Monday, August 27.

Analysts expect Air Lease Corporation (NYSE:AL) to report $1.23 EPS on November, 8.They anticipate $0.33 EPS change or 36.67 % from last quarter’s $0.9 EPS. AL’s profit would be $128.00 million giving it 8.66 P/E if the $1.23 EPS is correct. After having $1.04 EPS previously, Air Lease Corporation’s analysts see 18.27 % EPS growth. The stock decreased 0.19% or $0.08 during the last trading session, reaching $42.6. About 477,206 shares traded. Air Lease Corporation (NYSE:AL) has risen 12.11% since October 11, 2017 and is uptrending. It has underperformed by 3.51% the S&P500.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Among 3 analysts covering Air Lease (NYSE:AL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Air Lease had 3 analyst reports since April 12, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, April 12 with “Equal-Weight”. As per Wednesday, August 15, the company rating was maintained by Citigroup. The firm has “Top Pick” rating given on Friday, August 10 by RBC Capital Markets.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines in Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa, and North America. The company has market cap of $4.43 billion. The firm also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. It has a 5.95 P/E ratio. In addition, it provides fleet management services to investors and owners of aircraft portfolios.

More recent Air Lease Corporation (NYSE:AL) news were published by: Seekingalpha.com which released: “Steady AerCap Continues To Offer Value” on September 20, 2018. Also Nasdaq.com published the news titled: “Market Trends Toward New Normal in Aptevo Therapeutics, Bottomline Technologies, Allete, Air Lease, The Goodyear …” on October 10, 2018. Seekingalpha.com‘s news article titled: “Air Lease: The Proportions Of Doubling” with publication date: September 24, 2018 was also an interesting one.

Air Lease Corporation (NYSE:AL) Ratings Chart

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