Willis Lease Finance (WLFC) Stock Forecast, Price & News

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses. The Spare Parts Sales segment purchases and resells after-market engine parts, whole engines, engine modules, and portable aircraft components. The company also focuses on engine management and consulting business. It serves commercial aircraft operators, as well as maintenance, repair, and overhaul organizations. As of December 31, 2021, it had a total lease portfolio of 304 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, and with 76 lessees in 40 countries; and managed a total lease portfolio of 475 engines, aircraft, and related equipment for other parties. The company was founded in 1985 and is headquartered in Coconut Creek, Florida.

Willis Lease Finance Trading Up 0.1 %

NASDAQ:WLFC opened at $40.05 on Friday. The stock's 50-day moving average price is $37.65 and its two-hundred day moving average price is $34.91. The company has a debt-to-equity ratio of 4.74, a quick ratio of 2.07 and a current ratio of 2.85. Willis Lease Finance has a 1 year low of $30.22 and a 1 year high of $43.38.

Willis Lease Finance (NASDAQ:WLFC - Get Rating) last posted its quarterly earnings data on Monday, May 9th. The transportation company reported ($3.70) earnings per share (EPS) for the quarter. The company had revenue of $68.82 million for the quarter. Willis Lease Finance had a negative return on equity of 2.86% and a negative net margin of 3.63%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Willis Lease Finance from a "hold" rating to a "buy" rating in a report on Friday.

Insider Activity

In other news, President Brian Richard Hole sold 2,767 shares of the company's stock in a transaction dated Friday, May 20th. The stock was sold at an average price of $30.96, for a total value of $85,666.32. Following the transaction, the president now owns 85,007 shares in the company, valued at approximately $2,631,816.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Scott B. Flaherty sold 2,360 shares of the business's stock in a transaction that occurred on Tuesday, May 31st. The stock was sold at an average price of $37.56, for a total value of $88,641.60. Following the completion of the sale, the chief financial officer now owns 88,910 shares of the company's stock, valued at approximately $3,339,459.60. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, President Brian Richard Hole sold 2,767 shares of the business's stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $30.96, for a total value of $85,666.32. Following the completion of the sale, the president now directly owns 85,007 shares of the company's stock, valued at approximately $2,631,816.72. The disclosure for this sale can be found here. Insiders have sold 19,972 shares of company stock worth $667,790 in the last 90 days. Company insiders own 54.26% of the company's stock.