About Fly Leasing Limited (NYSE:FLY)
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: $419.42 million
- Outstanding Shares: 30,175,000
- 50 Day Moving Avg: $14.14
- 200 Day Moving Avg: $13.49
- 52 Week Range: $11.90 - $14.65
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 6.62
- P/E Growth: 2.03
- Annual Revenue: $342.47 million
- Price / Sales: 1.22
- Book Value: $19.08 per share
- Price / Book: 0.73
- 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: 119,758 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) posted its earnings results on Thursday, August, 10th. The company reported $0.31 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.02. The business earned $79.21 million during the quarter, compared to analysts' expectations of $83.17 million. Fly Leasing Limited had a positive return on equity of 11.37% and a negative net margin of 9.68%. The firm's revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $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 brokers have issued 12 month price targets for Fly Leasing Limited's stock. Their forecasts range from $16.00 to $22.00. On average, they expect Fly Leasing Limited's share price to reach $18.25 in the next twelve months. 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 ArcBest Corporation (ARCB), CAI International (CAI), Teekay Corporation (TK), KNOT Offshore Partners LP (KNOP), Star Bulk Carriers Corp. (SBLK), Costamare (CMRE), Green Plains Partners LP (GPP), Martin Midstream Partners L.P. (MMLP), Scorpio Bulkers (SALT), Navigator Holdings (NVGS), International Seaways (INSW), Echo Global Logistics (ECHO), Student Transportation (STB), DHT Holdings (DHT), Covenant Transportation Group (CVTI), Hennessy Capital Acquisition Corp. II (DSKE), Nordic American Tankers Limited (NAT) and Dynagas LNG Partners LP (DLNG).
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?
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 $13.90.
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: ||$18.25 (31.29% upside)|Consensus Price Target History for Fly Leasing Limited (NYSE:FLY)
Analysts' Ratings History for Fly Leasing Limited (NYSE:FLY)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||Compass Point||Reiterated Rating||Buy||$17.00 -> $19.00||Low|
|9/19/2017||Cowen and Company||Reiterated Rating||Buy||$16.00||Low|
|4/21/2017||Royal Bank Of Canada||Reiterated Rating||Buy||Medium|
|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: $0.86 EPS
Next Year EPS Consensus Estimate: $2.10 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: 46.92%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)
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Fly Leasing Limited (FLY) Chart for Tuesday, October, 24, 2017