Air Lease Corp (AL) Price

The P/E ratio of Air Lease Corp is 16.6431

Mr. John Plueger is the President of Air Lease Corp, joining the firm since 2010.

The current price of AL is $63.55, it has decreased 0% in the last trading day.

Air Lease Corp belongs to Trading Companies & Distributors industry and the sector is Industrials

Air Lease Corp's current market cap is $7.1B

According to wall street analysts, 8 analysts have made analyst ratings for Air Lease Corp, including 3 strong buy, 9 buy, 1 hold, 1 sell, and 3 strong sell

Moving today? Bro, it's trading flatter than my ex's apologies. The real story isn't today's non-movement; it's the recent acquisition announcement. A consortium led by Sumitomo and Apollo is buying Air Lease for $65.00 per share, which is why the stock is now pinned just below that price .

You're looking at the aftermath of the party, not the main event. The stock's big move already happened. Here’s the breakdown of what's actually going on with AL.

• The Main Catalyst: The Buyout Deal The single most important factor driving AL's price is the definitive agreement for it to be acquired by a group including Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield . The deal values the company at $65.00 per share in cash . This effectively puts a price ceiling on the stock. The current price of ~$63.55 reflects the market pricing in the time until the deal closes and a tiny bit of risk that it could fall through.

• Technical Picture: Overbought & Topped Out Before the deal news, AL was on a serious run, up over 32% year-to-date, making it a strong momentum stock . However, the technicals now show a stock that has hit its limit:

  • RSI (Relative Strength Index): The daily RSI is hovering around 70.5, which is classic overbought territory . In a normal market, this would signal a potential pullback. Here, it just confirms the price has hit a wall.
  • MACD (Moving Average Convergence Divergence): The daily MACD histogram has turned slightly negative, indicating that the bullish momentum is fading . No surprise there, as the price has nowhere to go.
  • Support & Resistance: The price is currently struggling to break the key resistance level of $64.30, right below the $65 acquisition price .

• Insider Moves: Cashing In Smart money is taking profits. Recent filings show insiders have been selling shares.

  • On September 12, EVP Grant A. Levy sold 5,000 shares at an average price of $63.57 .
  • On September 15, Director David Beker also sold 5,000 shares at $63.53 . When insiders sell right into the acquisition price, they're telling you they're happy with the exit. They aren't expecting a higher offer.

The alpha here isn't finding the next pump. It's understanding that this is now a merger arbitrage play with a capped upside. Don't get caught holding the bag if the deal hits a snag.