Grupo Aeroportuario del Centro Norte (OMAB) Expected to Announce Quarterly Earnings on Thursday

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $1.46 per share and revenue of $4.16 billion for the quarter.

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.02. The firm had revenue of $174.65 million during the quarter, compared to analysts' expectations of $3.58 billion. Grupo Aeroportuario del Centro Norte had a net margin of 34.62% and a return on equity of 52.68%. On average, analysts expect Grupo Aeroportuario del Centro Norte to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of NASDAQ OMAB traded down $0.55 during midday trading on Thursday, reaching $112.62. The stock had a trading volume of 55,240 shares, compared to its average volume of 74,057. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a 50-day moving average of $103.31 and a 200-day moving average of $87.29. Grupo Aeroportuario del Centro Norte has a 12-month low of $59.08 and a 12-month high of $116.26. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of 20.93, a price-to-earnings-growth ratio of 2.96 and a beta of 0.89.

Grupo Aeroportuario del Centro Norte Dividend Announcement

The business also recently announced a semi-annual dividend, which was paid on Monday, June 2nd. Investors of record on Friday, May 23rd were paid a dividend of $2.1363 per share. The ex-dividend date was Friday, May 23rd. This represents a yield of 4.1%. Grupo Aeroportuario del Centro Norte's payout ratio is 39.03%.

Analysts Set New Price Targets

OMAB has been the subject of several research analyst reports. Bank of America raised shares of Grupo Aeroportuario del Centro Norte from an "underperform" rating to a "neutral" rating in a research note on Monday, May 19th. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of Grupo Aeroportuario del Centro Norte in a research note on Friday, May 23rd. Finally, The Goldman Sachs Group raised their target price on shares of Grupo Aeroportuario del Centro Norte from $89.00 to $106.00 and gave the company a "buy" rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $88.38.

Institutional Investors Weigh In On Grupo Aeroportuario del Centro Norte

A hedge fund recently bought a new stake in Grupo Aeroportuario del Centro Norte stock. Jane Street Group LLC bought a new position in Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (NASDAQ:OMAB - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 7,518 shares of the transportation company's stock, valued at approximately $591,000. Institutional investors and hedge funds own 9.53% of the company's stock.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities.