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) posted its earnings results on Wednesday, December, 11th. The company reported $0.36 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.36. The firm earned $187.80 million during the quarter, compared to the consensus estimate of $178.51 million. Mesa Air Group had a net margin of 6.58% and a return on equity of 14.18%. The company's revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. View Mesa Air Group's Earnings History.

Mesa Air Group is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Mesa Air Group.

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

6 Wall Street analysts have issued 1-year price objectives for Mesa Air Group's shares. Their forecasts range from $9.00 to $20.00. On average, they expect Mesa Air Group's stock price to reach $13.50 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Price Targets for 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 5 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 headlines about MESA stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mesa Air Group earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely 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 December. As of December 31st, there was short interest totalling 1,400,000 shares, an increase of 23.9% from the December 15th total of 1,130,000 shares. Based on an average trading volume of 343,900 shares, the short-interest ratio is currently 4.1 days. Currently, 5.4% of the company's stock are short sold. 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), United Continental (UAL), Ryanair (RYAAY), Azul (AZUL), American Airlines Group (AAL), Air Canada (ACDVF), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), China Southern Airlines (ZNH), Deutsche Lufthansa (DLAKY), Alaska Air Group (ALK), easyJet (EJTTF), INTL CONS AIRL/S (ICAGY), LATAM Airlines Group (LTM) and CATHAY PAC AIRW/S (CPCAY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Air Group investors own include Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), JD.Com (JD), Canopy Growth (CGC), AT&T (T), Advanced Micro Devices (AMD), Broadcom (AVGO), Micron Technology (MU) and New Age Beverages (NBEV).

(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 many different of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (4.15%), Mesirow Financial Investment Management Inc. (0.16%) and Advocacy Wealth Management Services LLC (0.04%). 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 Wedge Capital Management L L P NC, Advocacy Wealth Management Services LLC and Mesirow Financial Investment Management Inc.. 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 $9.27.

Mesa Air Group has a market capitalization of $300.00 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.