Air Lease Preferred Stock Today
| AL-PA Preferred Stock | USD 25.29 0.07 0.28% |
Performance8 of 100
| Odds Of DistressLess than 45
|
Air Lease is trading at 25.29 as of the 16th of April 2024, a 0.28 percent increase since the beginning of the trading day. The preferred stock's open price was 25.22. Air Lease has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Air Lease are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of October 2023 and ending today, the 16th of April 2024. Click here to learn more.
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California. Air Lease operates under Rental Leasing Services classification in USA and is traded on New York Stock Exchange. The company has 104.07 M outstanding shares. More on Air Lease
Moving together with Air Preferred Stock
| 0.8 | AL | Air Lease Financial Report 6th of May 2024 | PairCorr |
| 0.88 | AER | AerCap Holdings NV Financial Report 7th of May 2024 | PairCorr |
Moving against Air Preferred Stock
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Follow Valuation Odds of Bankruptcy
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Air Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Air Lease's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Air Lease or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Business Services, Rental & Leasing Services, Industrials, Rental & Leasing Services, Industrials (View all Sectors) |
Air Lease (AL-PA) is traded on New York Stock Exchange in USA. It is located in 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067 and employs 129 people. Air Lease is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Air Lease's market, we take the total number of its shares issued and multiply it by Air Lease's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Air Lease classifies itself under Industrials sector and is part of Rental & Leasing Services industry. The entity has 104.07 M outstanding shares.
Air Lease has accumulated about 285.72 M in cash with 1.38 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.57.
Check Air Lease Probability Of Bankruptcy
Ownership AllocationAir Lease retains a total of 104.07 Million outstanding shares. 30% of Air Lease outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Air Ownership Details
Air Stock Price Odds Analysis
What are Air Lease's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Air Lease jumping above the current price in 90 days from now is about 32.55%. The Air Lease probability density function shows the probability of Air Lease preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Air Lease has a beta of 0.002. This suggests as returns on the market go up, Air Lease average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Air Lease will be expected to be much smaller as well. Additionally, air Lease has an alpha of 0.0346, implying that it can generate a 0.0346 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Air Lease to move above the current price in 90 days from now is about 32.55 (This Air Lease probability density function shows the probability of Air Preferred Stock to fall within a particular range of prices over 90 days) .
Air Lease Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Air Lease market risk premium is the additional return an investor will receive from holding Air Lease long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Air Lease. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Air Lease's alpha and beta are two of the key measurements used to evaluate Air Lease's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0602 | |||
| Jensen Alpha | 0.0346 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.04) |
Air Stock Against Markets
Picking the right benchmark for Air Lease preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Air Lease preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Air Lease is critical whether you are bullish or bearish towards Air Lease at a given time. Please also check how Air Lease's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Air Lease without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
Air Lease Corporate Management
Elected by the shareholders, the Air Lease's board of directors comprises two types of representatives: Air Lease inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Air. The board's role is to monitor Air Lease's management team and ensure that shareholders' interests are well served. Air Lease's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Air Lease's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Grant Levy | Ex Affairs | Profile | |
| John Poerschke | Ex Specification | Profile | |
| II CPA | Ex CFO | Profile | |
| Jason Arnold | VP Relations | Profile | |
| John Plueger | Pres CEO | Profile | |
| Kishore Korde | Ex Marketing | Profile | |
| Carol Forsyte | Gen VP | Profile |
How to buy Air Preferred Stock?
Before investing in Air Lease, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Air Lease. To buy Air Lease preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Air Lease. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Air Lease preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Air Lease preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Air Lease preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Air Lease, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Air Lease?
The danger of trading Air Lease is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Air Lease is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Air Lease. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Air Lease is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Air Lease. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Air Preferred Stock refer to our How to Trade Air Preferred Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Air Preferred Stock analysis
When running Air Lease's price analysis, check to measure Air Lease's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Lease is operating at the current time. Most of Air Lease's value examination focuses on studying past and present price action to predict the probability of Air Lease's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Lease's price. Additionally, you may evaluate how the addition of Air Lease to your portfolios can decrease your overall portfolio volatility.
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