Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Air Lease (AL) Share Price

Media stories about Air Lease (NYSE:AL) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Air Lease earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 46.0434243511858 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Shares of Air Lease (NYSE AL) traded down $0.18 during mid-day trading on Tuesday, reaching $43.71. The company had a trading volume of 269,664 shares, compared to its average volume of 737,673. The company has a market cap of $4,579.04, a price-to-earnings ratio of 6.41 and a beta of 1.74. Air Lease has a twelve month low of $34.42 and a twelve month high of $50.70. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.00 and a quick ratio of 1.00.

Air Lease (NYSE:AL) last issued its quarterly earnings data on Thursday, February 22nd. The transportation company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.19. The business had revenue of $398.47 million for the quarter, compared to analyst estimates of $380.93 million. Air Lease had a return on equity of 10.91% and a net margin of 49.87%. Air Lease’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS. sell-side analysts anticipate that Air Lease will post 4.58 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 6th. Investors of record on Tuesday, March 20th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, March 19th. This represents a $0.40 dividend on an annualized basis and a yield of 0.92%. Air Lease’s dividend payout ratio is currently 5.87%.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Air Lease from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Tuesday, January 9th. ValuEngine lowered Air Lease from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Credit Suisse Group reiterated an “outperform” rating and issued a $57.00 price target (up previously from $55.00) on shares of Air Lease in a research note on Friday, February 23rd. UBS reiterated a “sell” rating and issued a $32.00 price target (up previously from $31.00) on shares of Air Lease in a research note on Wednesday, February 21st. Finally, Citigroup lifted their price target on Air Lease from $46.00 to $53.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. Air Lease presently has an average rating of “Buy” and an average price target of $52.05.

In other Air Lease news, insider Steven F. Udvar-Hazy sold 24,564 shares of Air Lease stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $44.25, for a total transaction of $1,086,957.00. Following the transaction, the insider now directly owns 952,376 shares of the company’s stock, valued at approximately $42,142,638. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Kishore Korde sold 2,000 shares of Air Lease stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $49.16, for a total value of $98,320.00. Following the transaction, the executive vice president now directly owns 78,976 shares in the company, valued at $3,882,460.16. The disclosure for this sale can be found here. Insiders have sold a total of 89,077 shares of company stock worth $3,973,287 in the last 90 days. 9.76% of the stock is currently owned by corporate insiders.

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Air Lease Company Profile

Air Lease Corporation is an aircraft leasing company. The Company is principally engaged in purchasing new commercial jet transport aircraft directly from aircraft manufacturers, such as The Boeing Company (Boeing) and Airbus SAS. (Airbus), and leasing those aircraft to airlines across the world. Along with its leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines.

Insider Buying and Selling by Quarter for Air Lease (NYSE:AL)

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