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NASDAQ:MESAMesa Air Group Stock Price, Forecast & News

$3.50
-0.07 (-1.96 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$3.40
Now: $3.50
$3.72
50-Day Range
$2.13
MA: $3.48
$4.55
52-Week Range
$2.05
Now: $3.50
$11.08
Volume615,326 shs
Average Volume898,815 shs
Market Capitalization$115.64 million
P/E Ratio4.38
Dividend YieldN/A
Beta2.59
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: 4.1Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.79 out of 5 stars


Industry, Sector and Symbol

Industry Air transportation, scheduled
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:MESA
CUSIPN/A
CIKN/A
Phone602-685-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$723.36 million
Cash Flow$4.12 per share
Book Value$13.56 per share

Profitability

Net Income$47.58 million

Miscellaneous

Employees3,576
Market Cap$115.64 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Mesa Air Group (NASDAQ:MESA) Frequently Asked Questions

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

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. Since then, MESA stock has decreased by 22.7% and is now trading at $3.50. View which stocks have been most impacted by Coronavirus.

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, 3 hold ratings and 2 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 Thursday, August 13th 2020. View our earnings forecast for Mesa Air Group.

How were Mesa Air Group's earnings last quarter?

Mesa Air Group Inc (NASDAQ:MESA) announced its earnings results on Monday, May, 11th. The company reported $0.05 EPS for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.04. The business had revenue of $179.90 million for the quarter, compared to analysts' expectations of $170.53 million. Mesa Air Group had a return on equity of 8.34% and a net margin of 3.81%. The business's revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 earnings per share. View Mesa Air Group's earnings history.

What price target have analysts set for MESA?

6 brokers have issued 1 year price objectives for Mesa Air Group's shares. Their forecasts range from $2.00 to $7.50. On average, they anticipate Mesa Air Group's share price to reach $4.83 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price. View analysts' price targets for Mesa Air Group.

Has Mesa Air Group been receiving favorable news coverage?

News articles about MESA stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news 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 news sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutMesa Air Group.

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 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).

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 (IPO) 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.

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 shareholders include U S Global Investors Inc. (7.68%), MSD Partners L.P. (7.12%), UBS Group AG (6.74%), BlackRock Inc. (5.25%), Wedge Capital Management L L P NC (4.85%) and Frontier Capital Management Co. LLC (3.42%). 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.

Which major investors are selling Mesa Air Group stock?

MESA stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Chicago Equity Partners LLC, First Quadrant L P CA, Acadian Asset Management LLC, Signia Capital Management LLC, Wells Fargo & Company MN, Martingale Asset Management L P, and Two Sigma Investments LP. View insider buying and selling activity for Mesa Air Group.

Which major investors are buying Mesa Air Group stock?

MESA stock was purchased by a variety of institutional investors in the last quarter, including U S Global Investors Inc., MSD Partners L.P., Raymond James & Associates, State Street Corp, Wedge Capital Management L L P NC, BlackRock Inc., Nuveen Asset Management LLC, and Pinnacle Holdings 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 $3.50.

How big of a company is Mesa Air Group?

Mesa Air Group has a market capitalization of $115.64 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 5/26/2020 by MarketBeat.com Staff

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