EPS for Air Lease Corporation (AL) Expected At $0.88

January 21, 2018 - By Stephen Andrade

 EPS for Air Lease Corporation (AL) Expected At $0.88
Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.01, from 1.15 in 2017Q2. It increased, as 21 investors sold Air Lease Corporation shares while 74 reduced holdings. 33 funds opened positions while 77 raised stakes. 90.80 million shares or 0.12% more from 90.69 million shares in 2017Q2 were reported.
Canada Pension Plan Investment Board reported 8,500 shares. Bluecrest stated it has 10,767 shares. Gagnon Advsr Ltd Company reported 5.94% in Air Lease Corporation (NYSE:AL). Gagnon reported 407,043 shares. Lazard Asset Mngmt Ltd Liability Com accumulated 6,346 shares or 0% of the stock. Lsv Asset Management holds 0.03% in Air Lease Corporation (NYSE:AL) or 402,583 shares. Kemnay Advisory Services Incorporated holds 19,394 shares or 0.36% of its portfolio. Agf owns 100,000 shares for 0.05% of their portfolio. 72,837 were reported by Aperio Gp Limited Co. Chesley Taft And Associate Ltd Limited Liability Company accumulated 8,100 shares. Moreover, Boston Family Office Limited Liability Company has 0.72% invested in Air Lease Corporation (NYSE:AL). Strs Ohio stated it has 0.25% in Air Lease Corporation (NYSE:AL). First L P holds 774,270 shares or 0.08% of its portfolio. Federated Investors Pa invested in 1.94M shares or 0.24% of the stock. Howe & Rusling stated it has 0% in Air Lease Corporation (NYSE:AL).

Since August 8, 2017, it had 0 insider buys, and 6 sales for $3.77 million activity. $300,346 worth of Air Lease Corporation (NYSE:AL) was sold by Baer Marc H on Wednesday, August 23. Khatibi Alex A also sold $440,000 worth of Air Lease Corporation (NYSE:AL) on Monday, September 11. 2,000 Air Lease Corporation (NYSE:AL) shares with value of $89,980 were sold by Korde Kishore.

Analysts expect Air Lease Corporation (NYSE:AL) to report $0.88 EPS on February, 22.They anticipate $0.56 EPS change or 38.89 % from last quarter’s $1.44 EPS. AL’s profit would be $90.85 million giving it 13.84 P/E if the $0.88 EPS is correct. After having $0.90 EPS previously, Air Lease Corporation’s analysts see -2.22 % EPS growth. The stock increased 0.68% or $0.33 during the last trading session, reaching $48.71. About 538,393 shares traded. Air Lease Corporation (NYSE:AL) has risen 29.12% since January 21, 2017 and is uptrending. It has outperformed by 12.42% the S&P500.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Among 13 analysts covering Air Lease (NYSE:AL), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Air Lease had 40 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Outperform” on Monday, December 28. As per Tuesday, October 13, the company rating was reinitiated by FBR Capital. Cowen & Co maintained the stock with “Buy” rating in Friday, August 4 report. As per Friday, May 5, the company rating was maintained by FBR Capital. The firm has “Top Pick” rating given on Friday, November 6 by RBC Capital Markets. The company was downgraded on Wednesday, August 9 by Bank of America. Cowen & Co maintained the shares of AL in report on Tuesday, September 5 with “Buy” rating. RBC Capital Markets maintained Air Lease Corporation (NYSE:AL) rating on Thursday, November 2. RBC Capital Markets has “Buy” rating and $80.0 target. Cowen & Co maintained Air Lease Corporation (NYSE:AL) rating on Friday, November 10. Cowen & Co has “Outperform” rating and $54 target. Citigroup initiated the shares of AL in report on Friday, December 8 with “Hold” rating.

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 $5.03 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 14 P/E ratio. In addition, it provides fleet management services to investors and owners of aircraft portfolios.

More important recent Air Lease Corporation (NYSE:AL) news were published by: Globenewswire.com which released: “Air Lease Corporation Announces Pricing of Public Offering of $550 Million of …” on January 09, 2018, also Globenewswire.com published article titled: “Air Lease Corporation to Present at Dublin Conferences”, Zacks.com published: “Is Air Lease Corporation (AL) a Great Stock for Value Investors?” on January 16, 2018. More interesting news about Air Lease Corporation (NYSE:AL) was released by: Seekingalpha.com and their article: “Air Lease: An Underappreciated Company In A Massive Industry” with publication date: January 03, 2018.

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