Fly Leasing (FLY) Stock Price, News & Analysis

Fly Leasing Limited (NYSE:FLY) announced its quarterly earnings results on Thursday, November, 12th. The transportation company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.58. The transportation company had revenue of $60.08 million for the quarter, compared to analyst estimates of $76.70 million. Fly Leasing had a positive trailing twelve-month return on equity of 0.07% and a negative net margin of 37.08%.

Fly Leasing (NYSE:FLY) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.87%. FLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FLY will have a dividend payout ratio of 69.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FLY.

2 employees have rated Fly Leasing Chief Executive Officer Colm Barrington on Glassdoor.com. Colm Barrington has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fly Leasing investors own include Coty (COTY), Antares Pharma (ATRS), Carnival Co. & (CCL), Designer Brands (DBI), Energy Transfer (ET), Intel (INTC), Exxon Mobil (XOM), Walt Disney (DIS), AT&T (T) and Micron Technology (MU).