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Mesa Air Group Stock Forecast, Price & News

-0.10 (-2.92 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $3.32
50-Day Range
MA: $3.51
52-Week Range
Now: $3.32
Volume483,292 shs
Average Volume786,846 shs
Market Capitalization$117.57 million
P/E Ratio4.10
Dividend YieldN/A
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc., which provides regional air carrier services under capacity purchase agreements with the American Airlines and the United Airlines. As of September 30, 2018, it operated a fleet of 145 aircraft with approximately 730 daily departures to 110 cities in the United States, Canada, Mexico, Cuba, and the Bahamas. The company was founded in 1982 and is headquartered in Phoenix, Arizona.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.88 out of 5 stars

Industry, Sector and Symbol

Industry Air transportation, scheduled
Current SymbolNASDAQ:MESA



Sales & Book Value

Annual Sales$723.36 million
Cash Flow$4.15 per share
Book Value$13.56 per share


Net Income$47.58 million


Market Cap$117.57 million
Next Earnings Date12/9/2020 (Estimated)
-0.10 (-2.92 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mesa Air Group (NASDAQ:MESA) Frequently Asked Questions

How has Mesa Air Group's stock price been impacted by Coronavirus (COVID-19)?

Mesa Air Group's stock was trading at $4.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MESA stock has decreased by 26.7% and is now trading at $3.32.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Mesa Air Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Mesa Air Group

When is Mesa Air Group's next earnings date?

Mesa Air Group is scheduled to release its next quarterly earnings announcement on Wednesday, December 9th 2020.
View our earnings forecast for Mesa Air Group

How were Mesa Air Group's earnings last quarter?

Mesa Air Group Inc (NASDAQ:MESA) issued its quarterly earnings results on Monday, August, 10th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.36. The firm earned $73.10 million during the quarter, compared to analysts' expectations of $80.20 million. Mesa Air Group had a net margin of 4.53% and a return on equity of 6.58%. The company's revenue for the quarter was down 59.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 EPS.
View Mesa Air Group's earnings history

What price target have analysts set for MESA?

6 brokers have issued 12 month target prices for Mesa Air Group's stock. Their forecasts range from $2.00 to $7.50. On average, they expect Mesa Air Group's stock price to reach $5.08 in the next year. This suggests a possible upside of 53.1% from the stock's current price.
View analysts' price targets for Mesa Air Group

Are investors shorting Mesa Air Group?

Mesa Air Group saw a decline in short interest in August. As of August 31st, there was short interest totaling 1,510,000 shares, a decline of 11.2% from the August 15th total of 1,700,000 shares. Based on an average trading volume of 835,000 shares, the short-interest ratio is currently 1.8 days.
View Mesa Air Group's Short Interest

Who are some of Mesa Air Group's key competitors?

What other stocks do shareholders of Mesa Air Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include American Airlines Group (AAL), Alibaba Group (BABA), Delta Air Lines (DAL), United Continental (UAL), Exxon Mobil (XOM), Norwegian Cruise Line (NCLH), Spirit Airlines (SAVE), Carnival (CCL), AT&T (T) and AbbVie (ABBV).

Who are Mesa Air Group's key executives?

Mesa Air Group's management team includes the following people:
  • Mr. Jonathan G. Ornstein, Chairman & CEO (Age 61)
  • Mr. Michael J. Lotz, Pres & CFO (Age 59)
  • Mr. Brian S. Gillman, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Bradford Roger Rich, Exec. VP & COO (Age 57)
  • Mr. Robert A. Hornberg, VP & Chief Information Officer (Age 67)

When did Mesa Air Group IPO?

(MESA) raised $115 million in an initial public offering on Friday, August 10th 2018. The company issued 9,600,000 shares at $12.00 per share. Raymond James and BofA Merrill Lynch acted as the underwriters for the IPO and Cowen, Stifel and Imperial Capital were co-managers.

What is Mesa Air Group's stock symbol?

Mesa Air Group trades on the NASDAQ under the ticker symbol "MESA."

Who are Mesa Air Group's major shareholders?

Mesa Air Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (5.19%), Prudential Financial Inc. (1.52%), Raymond James & Associates (1.50%), Comerica Bank (1.40%), Bridgeway Capital Management Inc. (0.80%) and WINTON GROUP Ltd (0.81%).
View institutional ownership trends for Mesa Air Group

Which major investors are selling Mesa Air Group stock?

MESA stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Marshall Wace North America L.P., Bank of New York Mellon Corp, Raymond James Financial Services Advisors Inc., WINTON GROUP Ltd, Two Sigma Advisers LP, Nuveen Asset Management LLC, and California Public Employees Retirement System.
View insider buying and selling activity for Mesa Air Group

Which major investors are buying Mesa Air Group stock?

MESA stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Russell Investments Group Ltd., AQR Capital Management LLC, Nisa Investment Advisors LLC, Comerica Bank, and Virtu Financial LLC.
View insider buying and selling activity for Mesa Air Group

How do I buy shares of Mesa Air Group?

Shares of MESA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Mesa Air Group's stock price today?

One share of MESA stock can currently be purchased for approximately $3.32.

How big of a company is Mesa Air Group?

Mesa Air Group has a market capitalization of $117.57 million and generates $723.36 million in revenue each year. The company earns $47.58 million in net income (profit) each year or $1.64 on an earnings per share basis. Mesa Air Group employs 3,576 workers across the globe.

What is Mesa Air Group's official website?

The official website for Mesa Air Group is www.mesa-air.com.

How can I contact Mesa Air Group?

Mesa Air Group's mailing address is 410 NORTH 44TH STREET SUITE 700, PHOENIX AZ, 85008. The company can be reached via phone at 602-685-4000.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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