Sky Harbour Group (SKYH) Stock Price, News & Analysis

Company Overview

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.

Key Stats

• Today's Range: $11.11 to $11.45
• 50-Day Range: N/A
• 52-Week Range: $7.75 to $13.60
• Volume: 59,482 shs
• Average Volume: 68,764 shs
• Market Capitalization: $746.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $18.67
• Consensus Rating: Buy

Sky Harbour Group Stock Analysis - MarketRank™

Sky Harbour Group scored higher than 44% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Sky Harbour Group has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sky Harbour Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Sky Harbour Group are expected to decrease in the coming year, from $0.30 to ($0.20) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sky Harbour Group is -5.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sky Harbour Group is -5.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sky Harbour Group has a P/B Ratio of 7.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.07% of the float of Sky Harbour Group has been sold short.

Short Interest Ratio / Days to Cover

Sky Harbour Group has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Sky Harbour Group has recently increased by 2.01%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sky Harbour Group does not currently pay a dividend.

Dividend Growth

Sky Harbour Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.07% of the float of Sky Harbour Group has been sold short.

Short Interest Ratio / Days to Cover

Sky Harbour Group has a short interest ratio ("days to cover") of 12.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Sky Harbour Group has recently increased by 2.01%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.04

News Sentiment

Sky Harbour Group has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Sky Harbour Group this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for SKYH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sky Harbour Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $500,004.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

45.18% of the stock of Sky Harbour Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.75% of the stock of Sky Harbour Group is held by institutions.

SKYH Stock Analysis - Frequently Asked Questions

How were Sky Harbour Group's earnings last quarter?

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) released its quarterly earnings data on Tuesday, August, 13th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.10. The firm earned $3.62 million during the quarter. Sky Harbour Group had a negative trailing twelve-month return on equity of 8.71% and a negative net margin of 342.35%.

Who are Sky Harbour Group's major shareholders?

Top institutional shareholders of Sky Harbour Group include Caprock Group LLC (1.58%), Geode Capital Management LLC (0.38%), State Street Corp (0.19%) and Meixler Investment Management Ltd. (0.15%).
View institutional ownership trends.

How do I buy shares of Sky Harbour Group?

Shares of SKYH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sky Harbour Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sky Harbour Group investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Tesla (TSLA), Meta Platforms (META), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Aerospace
• Industry: Real estate
• Sub-Industry: Real Estate
• Current Symbol: NYSEAMERICAN:SKYH
• CUSIP: N/A
• CIK: N/A
• Web: skyharbour.group
• Phone: 212-554-5990
• Fax: N/A
• Employees: 35
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.67
• High Stock Price Target: $25.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +67.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 37.13
• P/E Growth: N/A
• Net Income: $-16,180,000.00
• Net Margins: -342.35%
• Pretax Margin: -410.96%
• Return on Equity: -8.71%
• Return on Assets: -2.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.36
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $7.57 million
• Price / Sales: 98.64
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.49 per share
• Price / Book: 7.48

Miscellaneous

• Outstanding Shares: 67,030,000
• Free Float: 36,743,000
• Market Cap: $746.71 million
• Optionable: N/A
• Beta: 1.84