Fly Leasing has been upgraded from a “neutral” rating to an “outperform” rating in a report from Zack’s. The firm currently has a $13.10 price objective on the stock. Zacks’s price target points to a potential upside of 5.82% from the company’s current price.
The company also announced a quarterly dividend, scheduled for today. Investors of record on Friday, October 31st will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 8.08%.