B. Riley Lifts Earnings Estimates for Sky Harbour Group

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) – Equities research analysts at B. Riley boosted their FY2025 earnings per share (EPS) estimates for shares of Sky Harbour Group in a research note issued to investors on Thursday, November 13th. B. Riley analyst T. D’agostino now anticipates that the company will post earnings of ($0.37) per share for the year, up from their previous forecast of ($0.42). B. Riley 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 brokerages have also issued reports on SKYH. Zacks Research lowered shares of Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. BTIG Research reaffirmed a “buy” rating and issued a $13.00 price target on shares of Sky Harbour Group in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $16.63.

Sky Harbour Group Stock Performance

Shares of SKYH opened at $9.57 on Monday. Sky Harbour Group has a one year low of $9.28 and a one year high of $14.52. The stock’s fifty day moving average is $10.01 and its 200-day moving average is $10.26. The firm has a market capitalization of $723.59 million, a price-to-earnings ratio of -4.62 and a beta of 1.74.

Institutional Trading of Sky Harbour Group

Hedge funds have recently modified their holdings of the company. Centerpoint Advisors LLC boosted its holdings in shares of Sky Harbour Group by 50.2% in the 1st quarter. Centerpoint Advisors LLC now owns 175,000 shares of the company’s stock worth $2,277,000 after acquiring an additional 58,500 shares in the last quarter. Meixler Investment Management Ltd. raised its position in Sky Harbour Group by 19.7% in the 2nd quarter. Meixler Investment Management Ltd. now owns 263,995 shares of the company’s stock valued at $2,579,000 after purchasing an additional 43,377 shares during the last quarter. Heritage Investors Management Corp acquired a new position in Sky Harbour Group in the second quarter worth $301,000. Tocqueville Asset Management L.P. boosted its stake in Sky Harbour Group by 145.4% in the first quarter. Tocqueville Asset Management L.P. now owns 118,900 shares of the company’s stock worth $1,547,000 after purchasing an additional 70,454 shares in the last quarter. Finally, American Century Companies Inc. bought a new stake in shares of Sky Harbour Group during the first quarter worth $269,000. Institutional investors and hedge funds own 14.75% of the company’s stock.

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.