Mesa Air Group - MESA Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mesa Air Group in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MESA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MESA, but not buy additional shares or sell existing shares.
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4 Wall Street analysts have issued twelve-month target prices for Mesa Air Group's stock. Their MESA share price forecasts range from $1.50 to $3.00. On average, they expect the company's stock price to reach $2.00 in the next year. This suggests that the stock has a possible downside of 7.0%.
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Mesa Air Group's stock was trading at $1.53 at the start of the year. Since then, MESA stock has increased by 40.5% and is now trading at $2.15.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our MESA earnings forecast.

Mesa Air Group, Inc. (NASDAQ:MESA) announced its quarterly earnings results on Thursday, February, 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.52) by $0.40. The business had revenue of $147.17 million for the quarter, compared to the consensus estimate of $130.09 million. Mesa Air Group had a negative net margin of 33.46% and a negative trailing twelve-month return on equity of 9.62%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include American Airlines Group (AAL), AT&T (T), AbbVie (ABBV), Delta Air Lines (DAL), Exxon Mobil (XOM), Spirit Airlines (SAVE), Alibaba Group (BABA), Carnival Co. & (CCL), Ford Motor (F) and NVIDIA (NVDA).

(MESA) raised $115 million in an IPO on Friday, August 10th 2018. The company issued 9,600,000 shares at a price of $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 trades on the NASDAQ under the ticker symbol "MESA."

Mesa Air Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of America Corp DE (3.27%), Dimensional Fund Advisors LP (1.03%), Renaissance Technologies LLC (0.89%), Geode Capital Management LLC (0.87%), GSA Capital Partners LLP (0.85%) and Millennium Management LLC (0.62%). Insiders that own company stock include Brian S Gillman, Brian S Gillman, Dana J Lockhart, Ellen N Artist, Harvey W Schiller, Jonathan G Ornstein, Michael Lotz and Mitchell I Gordon.
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Shares of MESA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MESA stock can currently be purchased for approximately $2.15.

Mesa Air Group (NASDAQ:MESA) has a market capitalization of $87.25 million and generates $531 million in revenue each year. The company earns $-182,680,000.00 in net income (profit) each year or ($4.90) on an earnings per share basis.

The company employs 2,454 workers across the globe.

Mesa Air Group's mailing address is 410 NORTH 44TH STREET SUITE 700, PHOENIX AZ, 85008. The official website for the company is www.mesa-air.com. The company can be reached via phone at (602) 685-4000, via email at investor.relations@mesa-air.com, or via fax at 602-685-4350.