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Air Lease Corp (NYSE:AL) stock has reached an all-time high, hitting a price of 59.58 USD. According to InvestingPro data, the company currently trades at an attractive P/E ratio of 9.2 and appears fairly valued based on comprehensive Fair Value analysis. This milestone marks a significant achievement for the company, reflecting a robust performance over the past year. The stock has experienced a notable 1-year change, appreciating by 23.47%, supported by impressive gross profit margins of 58.5% and a steady dividend yield of 1.49%. This upward trajectory underscores investor confidence and the company’s strong market position, as it continues to expand its aircraft leasing operations globally. The achievement of an all-time high serves as a testament to Air Lease Corp’s strategic initiatives and financial health, positioning it favorably in the competitive aviation sector. For deeper insights into Air Lease Corp’s performance metrics and future prospects, InvestingPro offers 13 additional investment tips and a comprehensive Pro Research Report, helping investors make more informed decisions.
In other recent news, Air Lease Corporation reported notable financial achievements and strategic shifts. The company announced it received $112.4 million in insurance proceeds related to aircraft detained in Russia, adding to a total recovery of $763.5 million against an initial write-off of $791 million. This recovery is set to be recorded in the financial statements for the second quarter of 2025. In earnings news, Air Lease exceeded expectations for the first quarter of 2025, with earnings per share (EPS) of $1.51, significantly surpassing the forecast of $0.89, and reported revenue of $738 million, above the anticipated $713.85 million. Analysts at TD Cowen raised the company’s stock price target to $55, maintaining a Buy rating, following strong sales and earnings performance. Additionally, Citi upgraded Air Lease’s stock rating from Neutral to Buy, increasing the price target from $45 to $68, citing the company’s new capital allocation strategy focused on shareholder value. This strategic shift includes potential share buybacks and acquisitions, as Air Lease moves away from its traditional growth approach. The company anticipates $3-3.5 billion in new aircraft deliveries for 2025, reflecting a positive outlook for the year.
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