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 Stock Performance

Shares of WLFC Stock traded up $0.25 during mid-day trading on Wednesday, reaching $40.28. The company's stock had a trading volume of 6,396 shares, compared to its average volume of 14,473. The company has a debt-to-equity ratio of 4.62, a quick ratio of 2.06 and a current ratio of 2.84. The company's 50 day simple moving average is $37.91 and its 200-day simple moving average is $35.15. Willis Lease Finance has a 12-month low of $30.22 and a 12-month high of $43.38.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Willis Lease Finance from a "hold" rating to a "buy" rating in a report on Friday, August 5th.

Insider Buying and Selling at Willis Lease Finance

In other news, President Brian Richard Hole sold 2,085 shares of the company's stock in a transaction dated Monday, May 23rd. The stock was sold at an average price of $32.00, for a total value of $66,720.00. Following the completion of the sale, the president now owns 82,922 shares of the company's stock, valued at $2,653,504. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CFO Scott B. Flaherty sold 1,008 shares of the firm's stock in a transaction on Thursday, May 26th. The shares were sold at an average price of $37.06, for a total transaction of $37,356.48. Following the completion of the sale, the chief financial officer now directly owns 95,731 shares of the company's stock, valued at approximately $3,547,790.86. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Brian Richard Hole sold 2,085 shares of Willis Lease Finance stock in a transaction on Monday, May 23rd. The stock was sold at an average price of $32.00, for a total transaction of $66,720.00. Following the sale, the president now directly owns 82,922 shares in the company, valued at approximately $2,653,504. The disclosure for this sale can be found here. Insiders have sold 14,569 shares of company stock valued at $525,269 over the last three months. 54.26% of the stock is owned by company insiders.