AL Stock Summary and Trading Ideas (Air Lease Class A | NYSE:AL)

Air Lease Corp is an aircraft leasing company based in the United States. It is engaged in purchasing commercial jet aircrafts directly from aircraft manufacturers and leasing those aircraft to airlines throughout the world to generate attractive returns on equity. The company also sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors, and offers fleet management services to investors and owners of aircraft portfolios for a management fee. Geographically, it derives a majority of its revenue from the Asia-Pacific region and the rest from Europe, Middle East and Africa, Central America, South America, Mexico, the United States, and Canada.

Air Lease Class A trades on the NYSE stock market under the symbol AL.

As of March 5, 2025, AL stock price climbed to $46.82 with 610,248 million shares trading.

AL has a beta of 1.14, meaning it tends to be more sensitive to market movements. AL has a correlation of 0.21 to the broad based SPY ETF.

AL has a market cap of $5.21 billion. This is considered a Mid Cap stock.

Last quarter Air Lease Class A reported $713 million in Revenue and $1.34 earnings per share. This beat revenue expectation by $10 million and exceeded earnings estimates by $.59.

In the last 3 years, AL traded as high as $52.31 and as low as $29.75.

The top ETF exchange traded funds that AL belongs to (by Net Assets): IJR, VTI, AVUV, VB, VBR.

AL has underperformed the market in the last year with a price return of +11.6% while the SPY ETF gained +16.4%. AL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.0% and -8.4%, respectively, while the SPY returned -3.6% and -4.9%, respectively.

AL support price is $44.22 and resistance is $46.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AL shares will trade within this expected range on the day.