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How to buy Fly Leasing stock

Own Fly Leasing stock in just a few minutes.

Fact checked

Fly Leasing Limited is a rental & leasing services business based in the US. Fly Leasing shares (FLY) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Fly Leasing

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Fly Leasing. Find the stock by name or ticker symbol: FLY. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Fly Leasing reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Fly Leasing, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Fly Leasing. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Fly Leasing share price

Use our graph to track the performance of FLY stocks over time.

Fly Leasing shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$3.41 - USD$17.99
50-day moving average USD$10.2388
200-day moving average USD$8.257
Wall St. target priceUSD$14.25
PE ratio 3.3128
Dividend yield USD$0 (0%)
Earnings per share (TTM) USD$3.74

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Fly Leasing stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Fly Leasing under- or over-valued?

Valuing Fly Leasing stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fly Leasing's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Fly Leasing's P/E ratio

Fly Leasing's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Fly Leasing shares trade at around 3x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Fly Leasing's PEG ratio

Fly Leasing's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.07. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fly Leasing's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Fly Leasing's EBITDA

Fly Leasing's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$536.6 million.

The EBITDA is a measure of a Fly Leasing's overall financial performance and is widely used to measure a its profitability.

Fly Leasing financials

Revenue TTM USD$408.6 million
Operating margin TTM 59.28%
Gross profit TTM USD$418.5 million
Return on assets TTM 4.11%
Return on equity TTM 13.57%
Profit margin 28.09%
Book value $29.285
Market capitalisation USD$377.7 million

TTM: trailing 12 months

Shorting Fly Leasing shares

There are currently 363,479 Fly Leasing shares held short by investors – that's known as Fly Leasing's "short interest". This figure is 2.6% down from 373,259 last month.

There are a few different ways that this level of interest in shorting Fly Leasing shares can be evaluated.

Fly Leasing's "short interest ratio" (SIR)

Fly Leasing's "short interest ratio" (SIR) is the quantity of Fly Leasing shares currently shorted divided by the average quantity of Fly Leasing shares traded daily (recently around 367150.50505051). Fly Leasing's SIR currently stands at 0.99. In other words for every 100,000 Fly Leasing shares traded daily on the market, roughly 990 shares are currently held short.

However Fly Leasing's short interest can also be evaluated against the total number of Fly Leasing shares, or, against the total number of tradable Fly Leasing shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Fly Leasing's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Fly Leasing shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Fly Leasing shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Fly Leasing.

Find out more about how you can short Fly Leasing stock.

Fly Leasing share dividends

We're not expecting Fly Leasing to pay a dividend over the next 12 months.

Fly Leasing share price volatility

Over the last 12 months, Fly Leasing's shares have ranged in value from as little as $3.41 up to $17.99. A popular way to gauge a stock's volatility is its "beta".

FLY.US volatility(beta: 1.4)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Fly Leasing's is 1.3959. This would suggest that Fly Leasing's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Fly Leasing overview

Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide. As of December 31, 2019, it had a portfolio of 89 aircraft, including 74 narrow-body passenger aircraft and 9 wide-body passenger aircraft, as well as 7 engines. The company was founded in 2007 and is headquartered in Dun Laoghaire, Ireland.

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