Willis Lease Finance
WLFC

$99.79

1.33%

Market Cap: $713M

About: Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components. The company generates the majority of its revenue from leasing and related operations.

Employees: 363

Industrials Machinery, Equipment & Supplies

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

433% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 3

43% more capital invested

Capital invested by funds: $115M [Q1] → $165M (+$49.9M) [Q2]

28% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 18

26% more funds holding

Funds holding: 50 [Q1] → 63 (+13) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

0.14% less ownership

Funds ownership: 36.33% [Q1] → 36.19% (-0.14%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for WLFC.

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Financial journalist opinion

Zacks Investment Research

2 Small Caps of "Interest"

Here we highlight 2 Outperform rated Small Caps that should benefit from a lower interest rate environment.

2 Small Caps of "Interest"

Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development

COCONUT CREEK, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC's sustainable aviation business while also overseeing corporate development.

Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development

Zacks Investment Research

Willis Lease (WLFC) Q2 Earnings Soar Y/Y on Lease Revenue Growth

Willis Lease's (WLFC) Q2 earnings are driven by strategic asset acquisitions and increased lease and maintenance revenues despite rising expenses.

Willis Lease (WLFC) Q2 Earnings Soar Y/Y on Lease Revenue Growth

Record Results by Willis Lease Finance Corporation with Second Quarter Pre-tax Income of $57.9 million. Willis Declares First, Regular Quarterly Dividend of $0.25 Per Share.

COCONUT CREEK, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported record second quarter total revenues of $151.1 million and record quarterly pre-tax income of $57.9 million. The Company also announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three months ended June 30, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of $118.8 million, up 32% as compared to $89.8 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace, and airlines leveraging the Company's leasing, parts and maintenance capabilities in order to avoid protracted engine shop visits.

Record Results by Willis Lease Finance Corporation with Second Quarter Pre-tax Income of $57.9 million. Willis Declares First, Regular Quarterly Dividend of $0.25 Per Share.

Is Willis Lease Finance Underperforming?

Is Willis Lease Finance Underperforming?

Is Willis Lease Finance Underperforming?

Willis Lease Finance Corporation Hires SR Technics Veteran, Caroline M. Vandedrinck, to Run its Growing Services Businesses

COCONUT CREEK, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Company's strategically aligned aftermarket services businesses. Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC's worldwide technical group, quality and logistics, as well as support the significant expansion of the Company's fleet of assets, currently valued at $2.5 billion.

Willis Lease Finance Corporation Hires SR Technics Veteran, Caroline M. Vandedrinck, to Run its Growing Services Businesses

Willis Lease Finance Corporation Strikes Deal with Pratt & Whitney for up to 15 New Engine Purchases in 2024

COCONUT CREEK, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, is pleased to announce that it has finalized a deal with Pratt & Whitney, a division of RTX Corporation (NYSE: RTX), for the purchase and leaseback of up to fifteen Pratt & Whitney PW1100G-JM GTF aircraft engines, with all purchases expected to occur by December 31, 2024. Pratt & Whitney's GTF engine offers up to 17% lower fuel consumption, is certified for operation on 50% Sustainable Aviation Fuel (“SAF”) and has been successfully tested on 100% SAF. The transaction is valued at $363.9 million, according to Pratt & Whitney's list prices for the year 2024.

Willis Lease Finance Corporation Strikes Deal with Pratt & Whitney for up to 15 New Engine Purchases in 2024

Zacks Investment Research

Zacks Initiates Coverage of Willis Lease Finance With Outperform Recommendation

Discover why Zacks rates "Outperform" for Willis Lease Finance, being the first on Wall Street to initiate coverage on the stock. Uncover WLFC's strategic edge in the growing engine leasing market, strong financial performance and innovative investments in sustainable aviation technologies.

Zacks Initiates Coverage of Willis Lease Finance With Outperform Recommendation

Willis Lease Finance Corporation Declares First Ever Cash Dividend

COCONUT CREEK, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today that its Board of Directors has declared a one-time special dividend of $1.00 per share on WLFC's common stock. The dividend is payable to shareholders of record at the close of business on May 30, 2024, and is expected to be paid on June 7, 2024.

Willis Lease Finance Corporation Declares First Ever Cash Dividend

Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million

COCONUT CREEK, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record first quarter total revenues of $119.1 million and record quarterly pre-tax income of $29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of $96.8 million, up 26% as compared to $76.7 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace, and airlines leveraging our leasing, parts and maintenance capabilities in order to avoid protracted engine shop visits.

Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million

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