AL - Air Lease Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$60.00
DETAILS
HIGH:
$65.00
LOW:
$50.00
MEDIAN:
$65.00
CONSENSUS:
$60.00
DOWNSIDE:
7.69%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
16.1x
9.29$
Key Value Driver
Normalized P/E multiple (16x base case)
Implied Market Multiple
7.0x
Plain-Language Summary
Applying a 16x P/E to adjusted EPS of $9.29, the base-case value is $149.43 per share. DDM cross-check: $30.64.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (20 analysts)
$60.00
Analyst Range
$50.00 – $65.00
Divergence from AlphaVal
149%
Warnings
Dividend-based valuation: $30.64 (below our primary estimate by 79%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $60.00 (from 20 analysts). Our estimate is 149% above the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples