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) issued its quarterly earnings results on Monday, February, 10th. The company reported $0.31 EPS for the quarter, hitting the Zacks' consensus estimate of $0.31. The company earned $184.03 million during the quarter, compared to analysts' expectations of $187.23 million. Mesa Air Group had a return on equity of 11.85% and a net margin of 5.39%. The firm's revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.55 EPS. 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 earnings per share guidance of $1.50-$1.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.95.

4 Wall Street analysts have issued twelve-month price objectives for Mesa Air Group's stock. Their forecasts range from $9.00 to $16.00. On average, they expect Mesa Air Group's share price to reach $12.25 in the next year. This suggests a possible upside of 59.5% 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.

News headlines about MESA stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 -2.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the near term. 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 trading volume, of 336,500 shares, the short-interest ratio is currently 4.5 days. Approximately 5.7% of the company's 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), Air Canada (ACDVF), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), Alaska Air Group (ALK), easyJet (EJTTF), Deutsche Lufthansa (DLAKY), China Southern Airlines (ZNH), INTL CONS AIRL/S (ICAGY), JetBlue Airways (JBLU) 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), 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 (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's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $7.68.

Mesa Air Group has a market capitalization of $253.75 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.