News headlines about Air Lease (NYSE:AL) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Air Lease earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 45.4805549138364 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Air Lease (NYSE AL) traded up $1.07 during midday trading on Friday, hitting $45.80. 943,439 shares of the stock traded hands, compared to its average volume of 743,859. Air Lease has a one year low of $34.21 and a one year high of $45.90. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.53. The company has a market capitalization of $4,654.06, a price-to-earnings ratio of 12.92, a P/E/G ratio of 1.36 and a beta of 1.82.

Air Lease (NYSE:AL) last posted its quarterly earnings results on Thursday, November 9th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.03. The company had revenue of $376.77 million for the quarter, compared to analyst estimates of $374.61 million. Air Lease had a net margin of 25.67% and a return on equity of 10.87%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.43 earnings per share. equities research analysts expect that Air Lease will post 3.44 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Wednesday, December 13th. This is a positive change from Air Lease’s previous quarterly dividend of $0.08. Air Lease’s dividend payout ratio is 11.46%.

AL has been the subject of several recent research reports. Royal Bank of Canada reissued a “buy” rating and set a $80.00 target price on shares of Air Lease in a research report on Thursday, November 2nd. ValuEngine cut shares of Air Lease from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Air Lease from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Bank of America set a $47.00 price target on shares of Air Lease and gave the stock a “hold” rating in a report on Thursday, October 19th. Finally, Citigroup assumed coverage on shares of Air Lease in a report on Friday, December 8th. They set a “neutral” rating and a $46.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. Air Lease has a consensus rating of “Hold” and a consensus target price of $48.50.

In related news, EVP Jie Chen sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $43.00, for a total transaction of $172,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Kishore Korde sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $44.99, for a total transaction of $89,980.00. Following the sale, the executive vice president now directly owns 82,410 shares in the company, valued at approximately $3,707,625.90. The disclosure for this sale can be found here. Insiders have sold a total of 379,000 shares of company stock worth $15,919,270 in the last ninety days. 9.76% of the stock is currently owned by insiders.

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About Air Lease

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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