How to buy Fly Leasing stock | $16.91

Fly Leasing Limited is an aerospace & defense business based in the US. Fly Leasing shares (FLY) are listed on the NYSE and all prices are listed in US Dollars.

Fly Leasing stock price (NYSE: FLY)

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

Fly Leasing shares at a glance

• Key figures

Information last updated 2021-09-26.

Latest market close	$16.91
52-week range	$5.88 - $17.05
50-day moving average	$16.96
200-day moving average	$15.09
Wall St. target price	$17.02
PE ratio	N/A
Dividend yield	$0 (0%)
Earnings per share (TTM)	$-3.58

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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.

Fly Leasing price performance over time

Historical closes compared with the close of $16.91 from 2021-05-28

1 week (2021-10-09)	N/A
1 month (2021-09-16)	N/A
3 months (2021-07-20)	-0.29%
6 months (2021-04-20)	0.42%

1 year (2020-10-19)	141.23%
2 years (2019-10-18)	-13.37%
3 years (2018-10-19)	24.80%
5 years (2016-10-19)	39.18%

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 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 $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	$291 million
Operating margin TTM	41.82%
Gross profit TTM	$194.1 million
Return on assets TTM	2.27%
Return on equity TTM	-12.94%
Profit margin	-37.42%
Book value	$26.03
Market capitalisation	$519.1 million

TTM: trailing 12 months

Shorting Fly Leasing shares

There are currently 941,628 Fly Leasing shares held short by investors – that's known as Fly Leasing's "short interest". This figure is 2% up from 922,951 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 240211.2244898). Fly Leasing's SIR currently stands at 3.92. In other words for every 100,000 Fly Leasing shares traded daily on the market, roughly 3920 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 0.03% of the outstanding shares (for every 100,000 Fly Leasing shares in existence, roughly 30 shares are currently held short) or 0.054% of the tradable shares (for every 100,000 tradable Fly Leasing shares, roughly 54 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 $5.88 up to $17.05. A popular way to gauge a stock's volatility is its "beta".

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 1.5201. 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, 2020, it had a portfolio of 84 aircraft, including 75 narrow-body passenger aircraft and nine wide-body passenger aircraft, as well as seven engines. The company was incorporated in 2007 and is headquartered in Dun Laoghaire, Ireland. .

Frequently asked questions

What percentage of Fly Leasing is owned by insiders or institutions?
Currently 29.032% of Fly Leasing shares are held by insiders and 67.696% by institutions. When does the fiscal year end for Fly Leasing?
Fly Leasing's fiscal year ends in December. Where is Fly Leasing based?
Fly Leasing's address is: West Pier Business Campus, Dun Laoghaire, Ireland, A96 N6T7 What is Fly Leasing's ISIN number?
Fly Leasing's international securities identification number is: US34407D1090 What is Fly Leasing's CUSIP number?
Fly Leasing's Committee on Uniform Securities Identification Procedures number is: 05614P101