Sky Harbour Group FY2027 EPS Forecast Boosted by B. Riley

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) – Stock analysts at B. Riley upped their FY2027 earnings estimates for shares of Sky Harbour Group in a note issued to investors on Thursday, November 13th. B. Riley analyst T. D’agostino now anticipates that the company will post earnings of $0.21 per share for the year, up from their prior forecast of $0.20. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Sky Harbour Group’s current full-year earnings is ($0.05) per share.

A number of other equities research analysts also recently commented on the company. BTIG Research reiterated a “buy” rating and set a $13.00 price objective on shares of Sky Harbour Group in a research report on Thursday. Zacks Research lowered Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $16.63.

Sky Harbour Group Stock Down 2.1%

NYSEAMERICAN:SKYH traded down $0.20 during trading hours on Friday, reaching $9.52. 56,206 shares of the company’s stock were exchanged, compared to its average volume of 124,114. The company has a market capitalization of $719.50 million, a P/E ratio of -4.60 and a beta of 1.74. Sky Harbour Group has a 12 month low of $9.28 and a 12 month high of $14.52. The business’s 50-day simple moving average is $10.02 and its two-hundred day simple moving average is $10.28.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its stake in Sky Harbour Group by 145.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,012 shares of the company’s stock worth $49,000 after acquiring an additional 2,971 shares in the last quarter. Quadrant Capital Group LLC acquired a new position in shares of Sky Harbour Group in the 3rd quarter valued at about $99,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sky Harbour Group by 68.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,639 shares of the company’s stock worth $114,000 after purchasing an additional 4,721 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Sky Harbour Group during the second quarter worth approximately $128,000. Finally, Metis Global Partners LLC grew its position in Sky Harbour Group by 33.7% during the second quarter. Metis Global Partners LLC now owns 15,301 shares of the company’s stock valued at $149,000 after purchasing an additional 3,853 shares in the last quarter. 14.75% of the stock is owned by institutional investors and hedge funds.

Sky Harbour Group Company Profile

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.