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The latest announcement is out from Air Lease ( (AL) ).
Air Lease Corporation has reached settlement agreements with certain insurers to recover losses related to aircraft detained in Russia, resulting in $112.4 million in cash insurance proceeds, which will be recorded in the second quarter of 2025. This settlement is part of a larger recovery effort, with the company having recovered $763.5 million of its initial $791.0 million write-off, and it plans to settle with the final insurer in the third quarter of 2025, impacting its financial recovery and legal proceedings.
The most recent analyst rating on (AL) stock is a Buy with a $65.00 price target. To see the full list of analyst forecasts on Air Lease stock, see the AL Stock Forecast page.
Spark’s Take on AL Stock
According to Spark, TipRanks’ AI Analyst, AL is a Outperform.
Air Lease demonstrates a strong financial position with robust revenue growth, operational efficiency, and a solid balance sheet devoid of debt. The stock’s valuation is attractive, and recent positive earnings guidance further supports a favorable outlook. However, the challenges in profitability and cash flow management, along with potential short-term technical corrections due to overbought conditions, slightly temper the overall score.
To see Spark’s full report on AL stock, click here.
More about Air Lease
Air Lease Corporation operates in the aviation industry, primarily focusing on leasing aircraft to airlines worldwide. The company provides a range of commercial aircraft leasing solutions and is involved in managing a portfolio of aircraft to meet the needs of its airline customers.
Average Trading Volume: 1,029,516
Technical Sentiment Signal: Buy
Current Market Cap: $6.56B
For detailed information about AL stock, go to TipRanks’ Stock Analysis page.