Willis Lease Finance (WLFC) to Release Quarterly Earnings on Monday

Willis Lease Finance (NASDAQ:WLFC) is set to issue its quarterly earnings data before the market opens on Monday, November 4th. Parties interested in participating in the company’s conference call can do so using this link.

Willis Lease Finance (NASDAQ:WLFC) last released its earnings results on Thursday, August 1st. The transportation company reported $6.21 earnings per share (EPS) for the quarter. Willis Lease Finance had a net margin of 18.16% and a return on equity of 19.51%. The company had revenue of $151.12 million during the quarter.

Willis Lease Finance Stock Up 1.9 %

WLFC stock opened at $184.91 on Monday. Willis Lease Finance has a 12-month low of $41.53 and a 12-month high of $214.90. The company has a quick ratio of 1.28, a current ratio of 1.80 and a debt-to-equity ratio of 3.95. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 14.37 and a beta of 1.09. The company has a 50 day moving average of $138.09 and a two-hundred day moving average of $92.73.

Willis Lease Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Monday, August 12th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, August 12th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.54%. Willis Lease Finance’s dividend payout ratio is currently 7.77%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Willis Lease Finance from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 21st.

Insider Activity at Willis Lease Finance

In related news, insider Robert J. Keady sold 534 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $111.84, for a total value of $59,722.56. Following the transaction, the insider now directly owns 13,424 shares in the company, valued at approximately $1,501,340.16. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Willis Lease Finance news, President Brian Richard Hole sold 1,187 shares of the firm’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $106.17, for a total value of $126,023.79. Following the sale, the president now directly owns 96,589 shares in the company, valued at $10,254,854.13. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert J. Keady sold 534 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $111.84, for a total transaction of $59,722.56. Following the completion of the sale, the insider now owns 13,424 shares in the company, valued at $1,501,340.16. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,903 shares of company stock worth $4,123,692. 57.02% of the stock is owned by insiders.

Willis Lease Finance Company Profile

Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.