Fly Leasing Limited is engaged in purchasing commercial aircraft, which it leases under multi-year contracts to a range of airlines throughout the world. The Company primarily acquires aircraft by entering into purchase and leaseback transactions with airlines for new aircraft; purchasing portfolios, which consists of aircraft of various types and ages, and acquiring individual aircraft. As of December 31, 2016, the Company had 76 aircraft in its portfolio, of which 75 were held for operating lease and one was recorded as an investment in finance lease. As of December 31, 2016, its portfolio included 65 narrow-body passenger aircraft (including one freighter) and 11 wide-body passenger aircraft (including two freighters). Its aircraft are leased under multi-year contracts to various group of airlines in Europe; Asia and South Pacific; Mexico, South and Central America; North America, and Middle East and Africa. Its portfolio includes aircrafts, such as B737-700 and A320-200.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Commercial Leasing
- Sub-Industry: N/A
- Symbol: NYSE:FLY
- CUSIP: N/A
- Web: www.flyleasing.com
- Market Cap: $436.01 million
- Outstanding Shares: 30,174,000
- 50 Day Moving Avg: $13.64
- 200 Day Moving Avg: $13.32
- 52 Week Range: $11.41 - $14.65
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 7.05
- P/E Growth: 1.58
- Annual Revenue: $342.47 million
- Price / Sales: 1.27
- Book Value: $19.08 per share
- Price / Book: 0.76
- Net Margins: -9.68%
- Return on Equity: 11.37%
- Return on Assets: 1.98%
- Debt-to-Equity Ratio: 4.48%
- Current Ratio: 1.56%
- Quick Ratio: 1.56%
- Average Volume: 142,275 shs.
- Beta: 1.09
- Short Ratio: 1.24
Frequently Asked Questions for Fly Leasing Limited (NYSE:FLY)
What is Fly Leasing Limited's stock symbol?
Fly Leasing Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "FLY."
How were Fly Leasing Limited's earnings last quarter?
Fly Leasing Limited (NYSE:FLY) released its quarterly earnings data on Thursday, August, 10th. The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.02. The firm had revenue of $79.21 million for the quarter, compared to the consensus estimate of $83.17 million. Fly Leasing Limited had a negative net margin of 9.68% and a positive return on equity of 11.37%. The business's revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 earnings per share. View Fly Leasing Limited's Earnings History.
When will Fly Leasing Limited make its next earnings announcement?
Where is Fly Leasing Limited's stock going? Where will Fly Leasing Limited's stock price be in 2017?
4 analysts have issued 12 month target prices for Fly Leasing Limited's stock. Their forecasts range from $16.00 to $22.00. On average, they anticipate Fly Leasing Limited's stock price to reach $17.63 in the next year. View Analyst Ratings for Fly Leasing Limited.
Who are some of Fly Leasing Limited's key competitors?
Some companies that are related to Fly Leasing Limited include Seaspan Corporation (SSW), Teekay Corporation (TK), ArcBest Corporation (ARCB), KNOT Offshore Partners LP (KNOP), American Railcar Industries (ARII), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Martin Midstream Partners L.P. (MMLP), Green Plains Partners LP (GPP), Navigator Holdings (NVGS), International Seaways (INSW), DHT Holdings (DHT), CAI International (CAI), Student Transportation (STB), Scorpio Bulkers (SALT), Nordic American Tankers Limited (NAT), Echo Global Logistics (ECHO) and Hennessy Capital Acquisition Corp. II (DSKE).
Who are Fly Leasing Limited's key executives?
Fly Leasing Limited's management team includes the folowing people:
- Joseph M. Donovan, Independent Chairman of the Board
- Colm Barrington, Chief Executive Officer, Director
- Julie Ruehl, Chief Financial Officer
- Pat O'Brien, Board of Director
- Robert S. Tomczak, Director
- Steven Zissis, Director
- Erik Gunnar Braathen, Independent Director
- Susan M. Walton, Independent Director
Who owns Fly Leasing Limited stock?
Fly Leasing Limited's stock is owned by many different of institutional and retail investors. Top institutional investors include
DONALD SMITH & COMPANY ., INC.
(10.42%), Donald Smith & CO. Inc. (9.76%), FMR LLC (4.06%), Cannell Peter B & Co. Inc. (2.25%), US Bancorp DE (1.73%) and Uniplan Investment Counsel Inc. (1.59%). View Institutional Ownership Trends for Fly Leasing Limited.
Who sold Fly Leasing Limited stock? Who is selling Fly Leasing Limited stock?
Fly Leasing Limited's stock was sold by a variety of institutional investors in the last quarter, including Cannell Peter B & Co. Inc., Numeric Investors LLC, US Bancorp DE, Lazard Asset Management LLC, Donald Smith & CO. Inc., Aegis Financial Corp, Adirondack Research & Management Inc. and Bank of Montreal Can. View Insider Buying and Selling for Fly Leasing Limited.
Who bought Fly Leasing Limited stock? Who is buying Fly Leasing Limited stock?
Fly Leasing Limited's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Uniplan Investment Counsel Inc., Russell Investments Group Ltd., Berson & Corrado Investment Advisors LLC, Citadel Advisors LLC, Dalton Greiner Hartman Maher & Co., Renaissance Group LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Fly Leasing Limited.
How do I buy Fly Leasing Limited stock?
Shares of Fly Leasing Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fly Leasing Limited's stock price today?
MarketBeat Community Rating for Fly Leasing Limited (NYSE FLY)MarketBeat's community ratings are surveys of what our community members think about Fly Leasing Limited and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Fly Leasing Limited stock can currently be purchased for approximately $14.45.
Consensus Ratings for Fly Leasing Limited (NYSE:FLY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$17.63 (21.97% upside)|
Analysts' Ratings History for Fly Leasing Limited (NYSE:FLY)
(Data available from 9/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/19/2017||Cowen and Company||Reiterated Rating||Buy||$16.00||Low|
|4/21/2017||Royal Bank Of Canada||Reiterated Rating||Buy||Medium|
|3/10/2017||Compass Point||Upgrade||Neutral -> Buy||$16.50||High|
|11/19/2016||Bank of America Corporation||Set Price Target||Hold||$16.00||N/A|
|8/19/2016||Citigroup Inc.||Lower Price Target||Buy||$17.00 -> $15.00||N/A|
|7/29/2016||Deutsche Bank AG||Boost Price Target||Buy||$18.00 -> $19.00||N/A|
|5/19/2016||Wells Fargo & Company||Reiterated Rating||Buy||N/A|
|11/13/2015||J P Morgan Chase & Co||Downgrade||Neutral -> Underweight||$16.00 -> $14.00||N/A|
Earnings History for Fly Leasing Limited (NYSE:FLY)Earnings History by Quarter for Fly Leasing Limited (NYSE FLY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||6/30/2017||$0.29||$0.31||$83.17 million||$79.21 million||View||N/A|
|5/11/2017||3/31/2017||$0.29||$0.34||$83.27 million||$79.27 million||View||N/A|
|3/9/2017||12/31/2016||$0.57||$0.95||$95.77 million||$100.60 million||View||Listen|
|11/17/2016||Q316||$0.37||$0.53||$84.40 million||$85.30 million||View||N/A|
|7/28/2016||Q216||$0.34||$0.45||$80.88 million||$76.34 million||View||Listen|
|5/18/2016||Q116||$0.50||$0.47||$92.73 million||$81.20 million||View||Listen|
|3/8/2016||Q415||$0.82||$1.54||$123.96 million||$139.00 million||View||N/A|
|11/12/2015||Q315||$0.67||$0.78||$117.06 million||$106.20 million||View||Listen|
|7/29/2015||Q215||$0.06||$0.23||$104.40 million||$101.68 million||View||Listen|
|5/8/2015||Q115||$0.22||$0.41||$114.40 million||$120.10 million||View||N/A|
|3/11/2015||Q414||$0.32||$0.40||$116.50 million||$120.30 million||View||N/A|
|11/13/2014||Q314||$0.28||$0.40||$105.14 million||$105.50 million||View||N/A|
|7/31/2014||Q214||$0.23||$0.45||$97.80 million||$109.50 million||View||N/A|
|5/8/2014||Q114||$0.12||$0.12||$91.88 million||$90.50 million||View||N/A|
|3/6/2014||Q413||$0.13||$0.12||$86.58 million||$85.47 million||View||N/A|
|11/7/2013||Q313||$0.10||$0.07||$79.80 million||$79.12 million||View||N/A|
|8/1/2013||Q2 2013||$0.51||$0.40||$93.49 million||$98.54 million||View||N/A|
|5/2/2013||Q1 2013||$0.73||$1.37||$99.66 million||$114.37 million||View||N/A|
|3/7/2013||Q4 2012||$0.74||$2.04||$105.36 million||$130.87 million||View||N/A|
|11/8/2012||Q312||$0.50||$0.21||$93.89 million||$86.40 million||View||N/A|
Earnings Estimates for Fly Leasing Limited (NYSE:FLY)
Current Year EPS Consensus Estimate: $1.12 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
Current Dividend Information for Fly Leasing Limited (NYSE:FLY)
|Most Recent Dividend:||11/20/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Fly Leasing Limited (NYSE FLY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Fly Leasing Limited (NYSE:FLY)
Institutional Ownership Percentage: 46.90%Insider Trades by Quarter for Fly Leasing Limited (NYSE:FLY)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/16/2014||Nola Marjorie Heale||Insider||Buy||60,000||$0.36||$21,300.00|
Headline Trends for Fly Leasing Limited (NYSE:FLY)
Latest Headlines for Fly Leasing Limited (NYSE:FLY)
Fly Leasing Limited (FLY) Chart for Wednesday, September, 20, 2017