FY2025 EPS Estimate for Sky Harbour Group Lifted by Analyst

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) – Analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for shares of Sky Harbour Group in a report released on Thursday, November 13th. B. Riley analyst T. D’agostino now anticipates that the company will post earnings per share of ($0.37) for the year, up from their previous forecast of ($0.42). 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. B. Riley also issued estimates for Sky Harbour Group’s FY2026 earnings at ($0.28) EPS.

A number of other equities analysts have also recently commented on SKYH. Zacks Research cut shares of Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 14th. BTIG Research reaffirmed a “buy” rating and set a $13.00 price objective on shares of Sky Harbour Group in a report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Sky Harbour Group presently has an average rating of “Buy” and a consensus target price of $16.63.

Sky Harbour Group Trading Down 6.3%

SKYH stock opened at $8.97 on Monday. The company’s 50 day moving average is $9.99 and its 200 day moving average is $10.25. The stock has a market cap of $678.22 million, a price-to-earnings ratio of -4.33 and a beta of 1.74. Sky Harbour Group has a 1-year low of $8.88 and a 1-year high of $14.52.

Institutional Investors Weigh In On Sky Harbour Group

A number of hedge funds have recently made changes to their positions in SKYH. BNP Paribas Financial Markets grew its position in Sky Harbour Group by 145.6% during 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 during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Sky Harbour Group by 28.6% during the third quarter. Alliancebernstein L.P. now owns 17,080 shares of the company’s stock valued at $169,000 after purchasing an additional 3,800 shares during the period. Metis Global Partners LLC grew its holdings in shares of Sky Harbour Group by 33.7% in the second quarter. Metis Global Partners LLC now owns 15,301 shares of the company’s stock worth $149,000 after purchasing an additional 3,853 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Sky Harbour Group by 16.9% in the third quarter. Principal Financial Group Inc. now owns 35,272 shares of the company’s stock worth $348,000 after buying an additional 5,112 shares during the period. 14.75% of the stock is currently owned by institutional investors.

About Sky Harbour Group

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.