NASDAQ:MESA - Mesa Air Group Stock Price, Forecast & News

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

Mesa Air Group Inc (NASDAQ:MESA) announced its quarterly earnings data on Monday, February, 10th. The company reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31. The business earned $184.03 million during the quarter, compared to the consensus estimate of $187.23 million. Mesa Air Group had a net margin of 5.39% and a return on equity of 11.85%. The company's revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.55 earnings per share. View Mesa Air Group's Earnings History.

Mesa Air Group is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for Mesa Air Group.

Mesa Air Group updated its FY20 earnings guidance on Wednesday, December, 11th. The company provided EPS guidance of $1.50-$1.80 for the period, compared to the Thomson Reuters consensus estimate of $1.95.

4 Wall Street analysts have issued 12-month target prices for Mesa Air Group's shares. Their forecasts range from $9.00 to $16.00. On average, they anticipate Mesa Air Group's share price to reach $12.25 in the next year. This suggests a possible upside of 106.9% from the stock's current price. View Analyst Price Targets for Mesa Air Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mesa Air Group.

Media coverage about MESA stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Mesa Air Group earned a coverage optimism score of -4.4 on InfoTrie's scale. They also gave 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 effect on the stock's share price in the next few days. View News Stories for Mesa Air Group.

Mesa Air Group saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,500,000 shares, an increase of 7.1% from the January 15th total of 1,400,000 shares. Based on an average daily volume of 336,500 shares, the days-to-cover ratio is presently 4.5 days. Currently, 5.7% of the shares of the stock are sold short. View Mesa Air Group's Current Options Chain.

Some companies that are related to Mesa Air Group include Delta Air Lines (DAL), Southwest Airlines (LUV), Ryanair (RYAAY), United Continental (UAL), Azul (AZUL), American Airlines Group (AAL), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), Alaska Air Group (ALK), Air Canada (ACDVF), Deutsche Lufthansa (DLAKY), China Southern Airlines (ZNH), easyJet (EJTTF), CATHAY PAC AIRW/S (CPCAY), INTL CONS AIRL/S (ICAGY) and JetBlue Airways (JBLU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Exxon Mobil (XOM), JD.Com (JD), QUALCOMM (QCOM), Canopy Growth (CGC) and General Motors (GM).

(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 served as the underwriters for the IPO and Cowen, Stifel and Imperial Capital were co-managers.

Mesa Air Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include UBS Group AG (6.93%), Wedge Capital Management L L P NC (4.15%), Renaissance Technologies LLC (2.59%), Schonfeld Strategic Advisors LLC (1.53%), Royce & Associates LP (1.55%) and Geode Capital Management LLC (1.07%). Company insiders that own Mesa Air Group stock include Brian S Gillman, Ellen N Artist, Jonathan G Ornstein, Michael L Ferverda and Michael Lotz. View Institutional Ownership Trends for Mesa Air Group.

MESA stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Oxford Asset Management LLP, FMR LLC, Chicago Equity Partners LLC, Strs Ohio, New York State Common Retirement Fund, Wedge Capital Management L L P NC and Advocacy Wealth Management Services LLC. View Insider Buying and Selling for Mesa Air Group.

MESA stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schonfeld Strategic Advisors LLC, Signia Capital Management LLC, Bank of America Corp DE, Knights of Columbus Asset Advisors LLC, Marshall Wace North America L.P., Prudential Financial Inc. and First Quadrant L P CA. View Insider Buying and Selling 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 $5.92.

Mesa Air Group has a market capitalization of $195.60 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.View Additional Information About Mesa Air Group.

The official website for Mesa Air Group is http://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.