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Air T (AIRT) Stock Price, News & Analysis

-1.51 (-5.95%)
(As of 04:26 PM ET)
Today's Range
50-Day Range
52-Week Range
34,491 shs
Average Volume
10,365 shs
Market Capitalization
$67.26 million
P/E Ratio
Dividend Yield
Price Target
AIRT stock logo

About Air T Stock (NASDAQ:AIRT)

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts in the United States and internationally. The Overnight Air Cargo segment offers air express delivery services. As of March 31, 2023, this segment had 85 aircraft under the dry-lease agreements with FedEx. The Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. The Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

AIRT Stock Price History

AIRT Stock News Headlines

Unstable air lingers, bringing a few showers
Hot air balloons set to soar over London in July
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Integrated Freight & Logistics
Current Symbol
Year Founded


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$247.32 million
Book Value
$4.60 per share


Free Float
Market Cap
$71.52 million
Not Optionable
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Key Executives

  • Mr. Nicholas John SwensonMr. Nicholas John Swenson (Age 55)
    Chairman, President & CEO
    Comp: $50k
  • Mr. Brian Ochocki (Age 56)
    CFO & Treasurer
    Comp: $343k
  • Tracy Kennedy
    Chief Accounting Officer
  • Mr. Mark R. Jundt (Age 44)
    Secretary & General Counsel
  • Ms. Katrina Marie-Kramer Philp (Age 38)
    Chief of Staff
  • Mr. Sebastian Lourier
    Principal & CEO of Crestone Air Partners
  • Mr. Michael Moore
    Chief Executive Officer of Global Ground Support LLC
  • Mr. Mark Harris
    CEO of Worthington Aviation, Inc. and AirCo Group
  • Mr. Michael Bandalan
    CEO of Mountain Air Cargo, Inc., & CSA Air, Inc.
  • Mr. Dave Bixler
    President of Jet Yard, LLC

AIRT Stock Analysis - Frequently Asked Questions

How have AIRT shares performed in 2024?

Air T's stock was trading at $16.90 on January 1st, 2024. Since then, AIRT shares have increased by 41.1% and is now trading at $23.85.
View the best growth stocks for 2024 here

Are investors shorting Air T?

Air T saw a decrease in short interest in May. As of May 15th, there was short interest totaling 3,400 shares, a decrease of 70.7% from the April 30th total of 11,600 shares. Based on an average daily trading volume, of 13,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company's stock are short sold.
View Air T's Short Interest

When is Air T's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our AIRT earnings forecast

How were Air T's earnings last quarter?

Air T, Inc. (NASDAQ:AIRT) issued its earnings results on Tuesday, November, 14th. The transportation company reported $0.21 earnings per share (EPS) for the quarter. The transportation company earned $48.86 million during the quarter. Air T had a negative trailing twelve-month return on equity of 87.44% and a negative net margin of 4.91%.

What is Nick Swenson's approval rating as Air T's CEO?

9 employees have rated Air T Chief Executive Officer Nick Swenson on Nick Swenson has an approval rating of 92% among the company's employees. This puts Nick Swenson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Air T own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Air T investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Apollo Global Management (APO), Ciena (CIEN), First Data (FDC) and Air Canada (AC).

How do I buy shares of Air T?

Shares of AIRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AIRT) was last updated on 5/28/2024 by Staff

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