NASDAQ:MESAMesa Air Group Stock Price, Forecast & News

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 32.9% and is now trading at $3.04.
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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, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Mesa Air Group is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020.
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Mesa Air Group will be holding an earnings conference call on Monday, August 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Mesa Air Group Inc (NASDAQ:MESA) released its quarterly earnings results on Monday, May, 11th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.04. The firm earned $179.90 million during the quarter, compared to analysts' expectations of $170.53 million. Mesa Air Group had a net margin of 3.81% and a return on equity of 8.34%. The company's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 EPS.
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6 brokers have issued 12-month price targets for Mesa Air Group's shares. Their forecasts range from $2.00 to $7.50. On average, they expect Mesa Air Group's share price to reach $4.83 in the next year. This suggests a possible upside of 59.0% from the stock's current price.
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News stories about MESA stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mesa Air Group earned a daily sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
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Some companies that are related to Mesa Air Group include Southwest Airlines (LUV), Ryanair (RYAAY), Delta Air Lines (DAL), United Continental (UAL), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), China Southern Airlines (ZNH), American Airlines Group (AAL), Azul (AZUL), Deutsche Lufthansa (DLAKY), Alaska Air Group (ALK), CATHAY PAC AIRW/S (CPCAY), Air Canada (ACDVF), JetBlue Airways (JBLU), easyJet (EJTTF) and LATAM Airlines Group (LTM).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include Alibaba Group (BABA), Delta Air Lines (DAL), American Airlines Group (AAL), Exxon Mobil (XOM), Norwegian Cruise Line (NCLH), JPMorgan Chase & Co. (JPM), AT&T (T), United Continental (UAL), salesforce.com (CRM) and Micron Technology (MU).

(MESA) raised $115 million in an IPO 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.

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

Mesa Air Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (5.19%), Raymond James & Associates (1.50%), Comerica Bank (1.40%), Assenagon Asset Management S.A. (0.57%), Nisa Investment Advisors LLC (0.14%) and Raymond James Trust N.A. (0.08%). Company insiders that own Mesa Air Group stock include Brian S Gillman, Ellen N Artist, Jonathan G Ornstein, Michael L Ferverda and Michael Lotz.
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MESA stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc..
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MESA stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Nisa Investment Advisors LLC, Comerica Bank, Stone Ridge Asset Management LLC, Leap Investments LP, Raymond James & Associates, and Stratos Wealth Partners LTD..
View insider buying and selling activity for 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.

One share of MESA stock can currently be purchased for approximately $3.04.

Mesa Air Group has a market capitalization of $100.44 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.

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

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.