Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $14.60 USD
Change Today -0.13 / -0.88%
Volume 221.5K
FLY On Other Exchanges
Symbol
Exchange
New York
As of 6:40 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

fly leasing ltd-adr (FLY) Snapshot

Open
$14.60
Previous Close
$14.73
Day High
$14.74
Day Low
$14.50
52 Week High
03/5/15 - $15.55
52 Week Low
10/15/14 - $10.86
Market Cap
604.9M
Average Volume 10 Days
213.9K
EPS TTM
$1.01
Shares Outstanding
41.4M
EX-Date
01/28/15
P/E TM
14.4x
Dividend
$1.00
Dividend Yield
6.85%
Current Stock Chart for FLY LEASING LTD-ADR (FLY)

fly leasing ltd-adr (FLY) Related Businessweek News

No Related Businessweek News Found

fly leasing ltd-adr (FLY) Details

FLY Leasing Limited, together with its subsidiaries, engages in purchasing and leasing commercial aircraft under multi-year contracts to various airlines worldwide. As of December 31, 2014, its aircraft portfolio consisted of 127 commercial jet aircraft, including 116 narrow-body passenger aircraft and 11 wide-body passenger aircraft. The company was founded in 2007 and is headquartered in Dun Laoghaire, Ireland.

Founded in 2007

fly leasing ltd-adr (FLY) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

fly leasing ltd-adr (FLY) Key Developments

FLY Leasing Limited Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015 and Traffic Guidance for 2015

FLY Leasing Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company has posted net income of $15,479,000 or $0.37 per basic and diluted share compared to net income of $13,412,000 or $0.32 per basic and diluted share a year ago. Total revenues were $120,288,000 against $85,469,000 a year ago. Net income before provision for income tax was $17,961,000 against $12,503,000 a year ago. Adjusted net income was $16,941,000 or $0.41 per share against $4,903,000 or $0.12 per share a year ago. For the year, the company has posted net income of $56,077,000 or $1.32 per basic and diluted share compared to net income of $52,476,000 or $1.50 per basic and diluted share a year ago. Total revenues were $426,664,000 against $369,487,000 a year ago. Net income before provision for income tax was $64,340,000 against $58,135,000 a year ago. Net cash flows provided by operating activities were $227,165,000 against $181,474,000 a year ago. Purchase of additional aircraft was $915,450,000 against $632,944,000 a year ago. Adjusted net income was $57,369,000 or $1.38 per share against $57,383,000 or $1.68 per share a year ago. Total revenues are up $57.2 million or 15.5% driven by the increase in topline operating lease rental revenue, which has increased by $62.9 million or 19.4% to a total of $387.8 million. The increase is due primarily due to rents generated from aircraft acquisitions. For the first quarter of 2015, the company expects operating lease rental revenue to be between $102 million and $105 million, which exclude approximately $5 million of lease incentive amortization. End of lease income was expected to be at least $10 million. Depreciation expense will be between $49 million and $51 million, and includes approximately $2.2 million of additional depreciation related to the scheduled 757 aircraft dispositions. The company expects book interest expense of between $38 million and $40 million. Maintenance and other expenses will be between $2 million and $3 million. For 2015, the company expects passenger traffic to grow at 7%.

FLY Leasing Mulls Acquisitions

FLY Leasing Limited (NYSE:FLY) is seeking acquisitions. Steve Zissis, President and Chief Executive Officer of BBAM LLC, the company that manages and services FLY's fleet, said in FLY Leasing Ltd earnings call, “I am pleased to report that we're continuing to find attractive acquisitions that grow our cash flow and earnings per share.”

FLY Leasing Limited Acquires an Airbus A321-200 Aircraft

FLY Leasing Limited announced that it has acquired an Airbus A321-200 aircraft, manufactured in 2015. The aircraft is on a long-term lease to the company.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FLY:US $14.60 USD -0.13

FLY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AerCap Holdings NV $43.82 USD -0.04
Air Lease Corp $37.73 USD -0.21
Aircastle Ltd $22.08 USD -0.20
Macquarie Group Ltd A$77.12 AUD -0.17
ORIX Corp ¥1,713 JPY -48.50
View Industry Companies
 

Industry Analysis

FLY

Industry Average

Valuation FLY Industry Range
Price/Earnings 11.2x
Price/Sales 1.5x
Price/Book 0.8x
Price/Cash Flow 10.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FLY LEASING LTD-ADR, please visit www.flyleasing.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.