Air Lease (AL) ZACKS·2025-05-23 15:06Core Viewpoint - Air Lease Corporation (AL) is experiencing growth due to an expanding fleet, profits from aircraft sales, and increased end-of-lease revenues, leading to impressive share performance [1] Group 1: Earnings and Performance - The Zacks Consensus Estimate for earnings per share has been revised upward by 0.8% for the current quarter and by 2.4% for 2025, indicating broker confidence [2] - AL shares have risen 17.6% over the past year, outperforming the Zacks Transportation - Equipment and Leasing industry's decline of 16.3% [3] - AL has a positive earnings surprise history, exceeding the Zacks Consensus Estimate in three of the last four quarters with an average surprise of 5.2% [4] Group 2: Industry Context - The industry rank for Air Lease is 74 out of 245, placing it in the top 30% of Zacks Industries, which is crucial for stock performance [5] Group 3: Growth Strategy - Air Lease's fleet strategy includes 487 owned and 57 managed aircraft, with commitments to purchase 255 more by 2029, reflecting confidence in long-term demand recovery [6] - The company invested $800 million in capital, primarily in the latter half of the quarter, balancing growth and liquidity management [8] Group 4: Shareholder Initiatives - AL has a quarterly dividend of 22 cents per share, resulting in an annualized yield of 1.54%, which is beneficial for wealth creation amid economic uncertainty [9]