Sky Harbour Group’s (SKYH) Buy Rating Reaffirmed at BTIG Research

BTIG Research reaffirmed their buy rating on shares of Sky Harbour Group (NYSE:SKYH) in a report published on Tuesday morning,Benzinga reports. BTIG Research currently has a $13.00 target price on the stock.

Sky Harbour Group Price Performance

Shares of NYSE:SKYH opened at $10.07 on Tuesday. Sky Harbour Group has a 1 year low of $8.22 and a 1 year high of $14.20.

Sky Harbour Group (NYSE:SKYH) last announced its earnings results on Thursday, March 19th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.40. Sky Harbour Group had a return on equity of 8.03% and a net margin of 68.33%.The company had revenue of $8.06 million for the quarter, compared to analyst estimates of $9.27 million.

Sky Harbour Group Company Profile

Sky Harbour Group (NYSE: SKYH) is a publicly traded company focused on the ownership, development and operation of aviation real estate and infrastructure, with particular emphasis on hangars and support facilities for business and general aviation. The company acquires, constructs and leases premium aircraft storage and maintenance space intended to serve owners and operators of business jets and other corporate aircraft, and it pursues opportunities to consolidate scarce hangar capacity at key airports.

Its principal activities include development and redevelopment of hangar buildings, long‑term leasing and management of aviation properties, and partnering with fixed‑base operators and maintenance providers to deliver services that support aircraft operations.