Grupo Aeroportuario del Centro Norte (OMAB) to Release Earnings on Thursday

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect Grupo Aeroportuario del Centro Norte to post 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 issued its earnings results on Tuesday, April 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.02. Grupo Aeroportuario del Centro Norte had a net margin of 34.62% and a return on equity of 52.68%. The company had revenue of $174.65 million during the quarter, compared to analyst estimates of $3.58 billion. 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 Stock Down 1.2%

Shares of OMAB stock traded down $1.40 on Friday, hitting $111.22. The company's stock had a trading volume of 34,461 shares, compared to its average volume of 74,218. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.77 and a quick ratio of 1.77. Grupo Aeroportuario del Centro Norte has a fifty-two week low of $59.08 and a fifty-two week high of $116.26. The firm's fifty day moving average price is $103.95 and its 200-day moving average price is $88.02. The stock has a market capitalization of $4.73 billion, a price-to-earnings ratio of 20.67, a P/E/G ratio of 2.78 and a beta of 0.89.

Grupo Aeroportuario del Centro Norte Announces Dividend

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

Institutional Inflows and Outflows

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 filing with the SEC. The institutional investor bought 7,518 shares of the transportation company's stock, valued at approximately $591,000. 9.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

OMAB has been the topic of a number of analyst reports. The Goldman Sachs Group upped 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. Bank of America upgraded shares of Grupo Aeroportuario del Centro Norte from an "underperform" rating to a "neutral" rating in a research report on Monday, May 19th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Friday, May 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $88.38.

Grupo Aeroportuario del Centro Norte Company Profile

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.