Sky Harbour Group FY2026 EPS Reduced by Noble Financial

Key Points

• Noble Financial has downgraded their FY2026 EPS estimates for Sky Harbour Group, predicting a loss of ($0.68) per share, down from a previous estimate of $0.51.
• Despite the downgrade, Sky Harbour Group has a consensus rating of "Buy" from analysts, with a target price of $17.38.
• Shares of Sky Harbour Group recently traded at $10.38, with a market capitalization of $784.45 million.

Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) - Equities researchers at Noble Financial decreased their FY2026 earnings per share (EPS) estimates for Sky Harbour Group in a research note issued to investors on Wednesday, August 13th. Noble Financial analyst P. Mccann now forecasts that the company will earn ($0.68) per share for the year, down from their previous forecast of $0.51. The consensus estimate for Sky Harbour Group's current full-year earnings is ($0.05) per share.

Several other research firms have also commented on SKYH. Lake Street Capital started coverage on Sky Harbour Group in a report on Monday, June 9th. They issued a "buy" rating and a $14.00 target price on the stock. Alliance Global Partners started coverage on Sky Harbour Group in a report on Friday, April 25th. They set a "buy" rating and a $14.50 price objective on the stock. Finally, Zacks Research lowered Sky Harbour Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Sky Harbour Group has a consensus rating of "Buy" and a consensus target price of $17.38.

Sky Harbour Group Trading Up 0.6%

NYSEAMERICAN:SKYH traded up $0.06 during trading hours on Friday, hitting $10.33. The company's stock had a trading volume of 96,157 shares, compared to its average volume of 136,003. The stock has a market capitalization of $781.05 million, a P/E ratio of -4.99 and a beta of 1.74. The stock has a fifty day moving average of $10.05 and a 200-day moving average of $10.80. Sky Harbour Group has a 52-week low of $9.28 and a 52-week high of $14.52.

Institutional Trading of Sky Harbour Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC grew its stake in Sky Harbour Group by 10.2% in the 4th quarter. Barclays PLC now owns 17,973 shares of the company's stock worth $214,000 after acquiring an additional 1,658 shares during the period. Wells Fargo & Company MN grew its stake in shares of Sky Harbour Group by 40.2% during the 4th quarter. Wells Fargo & Company MN now owns 6,300 shares of the company's stock valued at $75,000 after buying an additional 1,807 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Sky Harbour Group during the 4th quarter valued at $26,000. Metis Global Partners LLC grew its stake in shares of Sky Harbour Group by 33.7% during the 2nd quarter. Metis Global Partners LLC now owns 15,301 shares of the company's stock valued at $149,000 after buying an additional 3,853 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Sky Harbour Group by 68.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,639 shares of the company's stock valued at $114,000 after buying an additional 4,721 shares during the period. 14.75% of the stock is owned by hedge funds and other institutional investors.

Sky Harbour Group Company Profile

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.