Should I buy or sell Grupo Aeroportuario del Centro Norte stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Centro Norte in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OMAB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMAB, but not buy additional shares or sell existing shares. View OMAB analyst ratings or view top-rated stocks .

What is Grupo Aeroportuario del Centro Norte's stock price target for 2024?

4 brokerages have issued 1 year target prices for Grupo Aeroportuario del Centro Norte's shares. Their OMAB share price targets range from $58.00 to $108.00. On average, they anticipate the company's stock price to reach $83.00 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View analysts price targets for OMAB or view top-rated stocks among Wall Street analysts .

How have OMAB shares performed in 2023?

Grupo Aeroportuario del Centro Norte's stock was trading at $61.84 at the beginning of the year. Since then, OMAB shares have increased by 15.7% and is now trading at $71.55. View the best growth stocks for 2023 here .

Are investors shorting Grupo Aeroportuario del Centro Norte?

Grupo Aeroportuario del Centro Norte saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 129,500 shares, an increase of 32.0% from the October 31st total of 98,100 shares. Based on an average daily trading volume, of 146,500 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the company are short sold. View Grupo Aeroportuario del Centro Norte's Short Interest .

When is Grupo Aeroportuario del Centro Norte's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our OMAB earnings forecast .

How were Grupo Aeroportuario del Centro Norte's earnings last quarter?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) announced its earnings results on Friday, October, 27th. The transportation company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.13. The transportation company earned $228.99 million during the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.04% and a trailing twelve-month return on equity of 60.36%.

How often does Grupo Aeroportuario del Centro Norte pay dividends? What is the dividend yield for Grupo Aeroportuario del Centro Norte?

Grupo Aeroportuario del Centro Norte declared a -- dividend on Thursday, September 7th. Investors of record on Tuesday, September 19th will be paid a dividend of $2.1446 per share on Wednesday, September 27th. This represents a yield of 4.1%. The ex-dividend date is Monday, September 18th. This is an increase from the stock's previous -- dividend of $2.13. Read our dividend analysis for OMAB .

Is Grupo Aeroportuario del Centro Norte a good dividend stock?

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) pays an annual dividend of $3.80 per share and currently has a dividend yield of 5.32%. OMAB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OMAB will have a dividend payout ratio of 71.03% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OMAB .

What ETFs hold Grupo Aeroportuario del Centro Norte's stock?

ETFs with the largest weight of Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF) and iShares Global Infrastructure ETF (IGF) . SPDR S&P Global Infrastructure ETF (GII) .

What other stocks do shareholders of Grupo Aeroportuario del Centro Norte own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Aeroportuario del Centro Norte investors own include Energy Transfer (ET) , CBL & Associates Properties (CBL) , AT&T (T) , Pfizer (PFE) , NVIDIA (NVDA) , Intel (INTC) , Altria Group (MO) , Verizon Communications (VZ) , Alibaba Group (BABA) and Cisco Systems (CSCO) .

Who are Grupo Aeroportuario del Centro Norte's major shareholders?

Grupo Aeroportuario del Centro Norte's stock is owned by many different retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.59%), abrdn plc (0.44%), Azimuth Capital Investment Management LLC (0.21%), Mackenzie Financial Corp (0.18%), National Bank of Canada FI (0.16%) and American Century Companies Inc. (0.14%).

How do I buy shares of Grupo Aeroportuario del Centro Norte?

Shares of OMAB 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. Compare Top Brokerages Here .

Grupo Aeroportuario del Centro Norte Stock Price, News & Analysis (NASDAQ:OMAB)

$71.55

+0.23 (+0.32%)

(As of 12/8/2023 ET)

Compare

Today's Range: $70.88
▼
$72.38
50-Day Range: $56.76
▼
$88.81
52-Week Range: $50.23
▼
$100.21

Volume: 54,353 shs
Average Volume: 110,783 shs
Market Capitalization: $3.08 billion

P/E Ratio: 12.69
Dividend Yield: 5.30%
Price Target: $83.00

Grupo Aeroportuario del Centro Norte MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 16.0% Upside
$83.00 Price Target
Short Interest: Healthy
0.31% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -4.63%
From $5.61 to $5.35 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.77 out of 5 stars

Transportation Sector

96th out of 112 stocks

Airports, Flying Fields, & Services Industry

3rd out of 4 stocks

2.0

Analyst's Opinion

Consensus Rating
Grupo Aeroportuario del Centro Norte has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $83.00, Grupo Aeroportuario del Centro Norte has a forecasted upside of 16.0% from its current price of $71.55.
Amount of Analyst Coverage
Grupo Aeroportuario del Centro Norte has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.31% of the float of Grupo Aeroportuario del Centro Norte has been sold short.
Short Interest Ratio / Days to Cover
Grupo Aeroportuario del Centro Norte has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Grupo Aeroportuario del Centro Norte has recently increased by 32.01%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Grupo Aeroportuario del Centro Norte is a leading dividend payer. It pays a dividend yield of 5.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Grupo Aeroportuario del Centro Norte does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Grupo Aeroportuario del Centro Norte is 67.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Grupo Aeroportuario del Centro Norte will have a dividend payout ratio of 71.03% next year. This indicates that Grupo Aeroportuario del Centro Norte will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OMAB.

1.1

News and Social Media Coverage

Search Interest
3 people have searched for OMAB on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Grupo Aeroportuario del Centro Norte to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grupo Aeroportuario del Centro Norte insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 9.46% of the stock of Grupo Aeroportuario del Centro Norte is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Grupo Aeroportuario del Centro Norte are expected to decrease by -4.63% in the coming year, from $5.61 to $5.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Aeroportuario del Centro Norte is 12.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Aeroportuario del Centro Norte is 12.69, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.79.
Price to Earnings Growth Ratio
Grupo Aeroportuario del Centro Norte has a PEG Ratio of 4.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Grupo Aeroportuario del Centro Norte has a P/B Ratio of 6.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Grupo Aeroportuario del Centro Norte Stock (NASDAQ:OMAB)

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., together with its subsidiaries, holds concessions to develop, operate, and maintain airports in Mexico. The company operates 13 international airports in Monterrey, Acapulco, Mazatlán, Zihuatanejo, Ciudad Juárez, Reynosa, Chihuahua, Culiacán, Durango, San Luis Potosí, Tampico, Torreón, and Zacatecas cities. It also operates the NH Collection Hotel in Terminal 2 of the Mexico City International Airport, and a hotel under the Hilton Garden Inn name at the Monterrey International Airport. In addition, the company provides aeronautical services, which include passenger, aircraft landing and parking, boarding and unloading, passenger walkway, and airport security services. Further, it offers complementary services that comprise leasing of space to airlines, cargo handling, baggage-screening, permanent and non-permanent ground transportation, and access rights services; non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, and other commercial tenants, as well as maintaining of parking facilities and advertising; and diversification services, which consists of operation and lease of the industrial park and real estate services, as well as hotel and air cargo logistics services. Additionally, the company provides construction services. It has a strategic alliance with VYNMSA Desarrollo Inmobiliario, S.A. de C.V. to build and operate an industrial park at the Monterrey airport. The company was founded in 1998 and is headquartered in Mexico City, Mexico.

OMAB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OMAB Stock News Headlines

November 1, 2023 | msn.com

OMAB: Safe To BUY

November 1, 2023 | msn.com

Caen hasta 27% acciones de grupos aeroportuarios en octubre

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 31, 2023 | finance.yahoo.com

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q3 2023 Earnings Call Transcript

October 19, 2023 | mx.investing.com

Gobierno acuerda tarifas aeroportuarias con Asur, GAP y OMA ¿y las acciones?

October 13, 2023 | msn.com

Caída aeroportuaria: Tras la tragedia bursátil, pérdidas superan 60,000 mdd

October 9, 2023 | msn.com

Grupo Aeroportuario del Centro Norte: Analyzing The Fee Change Impact (Rating Upgrade)

October 9, 2023 | msn.com

Grupo Aeroportuario del Centro Norte: Crisis Creates Opportunity

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 5, 2023 | msn.com

¡BRUTAL CAÍDA! ¿Por qué se desploman hoy la BMV y el sector aeroportuario?

October 5, 2023 | msn.com

Mexican airport operator stocks slump on regulatory changes to tariff rules

September 12, 2023 | msn.com

Grupo Aeroportuario del Centro Norte: Recovery Not Yet Complete

September 12, 2023 | msn.com

Central North Airport Group: Buy On Nearshoring And Tesla Hype?

August 15, 2023 | es.investing.com

Grupo Aeroportuario del Centro Norte SAB de CV (OMAB)

August 2, 2023 | msn.com

Grupo Aeroportuario del Centro Norte S.A.B de C.V. - ADR (OMAB) Price Target Increased by 9.67% to 94.26

July 29, 2023 | es-us.finanzas.yahoo.com

OMAB - Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.

July 6, 2023 | markets.businessinsider.com

Citi Keeps Their Sell Rating on Grupo Aeroportuario Del Centro (OMAB)

June 27, 2023 | msn.com

Centro Norte Airports: Accelerating Reshoring Will Power The Next Leg Higher

April 27, 2023 | msn.com

Grupo Aeroportuario del Centro Norte GAAP EPADS of $0.78 misses by $0.30, revenue of $3.22B beats by $3.05B

April 25, 2023 | nasdaq.com

OMAB Crosses Above Average Analyst Target

April 21, 2023 | morningstar.com

Grupo Aeroportuario del Centro Norte SAB de CV Class B

April 18, 2023 | seekingalpha.com

OMA Airports reinstated at Sell at Citi amid nearshoring concerns

April 18, 2023 | markets.businessinsider.com

Grupo Aeroportuario Del Centro (OMAB) Gets a Sell from Citigroup

February 21, 2023 | msn.com

Grupo Aeroportuario del Centro Norte GAAP EPADS of $1.20 beats by $0.64, revenue of Ps3.66B

February 21, 2023 | finance.yahoo.com

ZTO or OMAB: Which Is the Better Value Stock Right Now?

February 15, 2023 | msn.com

Ojo a estas acciones: las 6 favoritas en la Bolsa Mexicana de Valores para 2023

December 1, 2022 | finance.yahoo.com

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB)

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Company Calendar

Ex-Dividend for 9/27 Dividend: 9/18/2023
Dividend Payable: 9/27/2023
Last Earnings: 10/27/2023
Today: 12/10/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Airports, flying fields, & services
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NASDAQ:OMAB
CUSIP: N/A
CIK: 1378239
Web: www.oma.aero
Phone: 528186254300
Fax: 52-81-8160-0003
Employees: 1,256
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $83.00
High Stock Price Target: $108.00
Low Stock Price Target: $58.00
Potential Upside/Downside: +16.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.64
Trailing P/E Ratio: 12.69
Forward P/E Ratio: 12.75
P/E Growth: 4.24
Net Income: $200.34 million
Net Margins: 34.04%
Pretax Margin: 48.65%
Return on Equity: 60.36%
Return on Assets: 20.92%

Debt

Debt-to-Equity Ratio: 1.26
Current Ratio: 1.86
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $593.72 million
Price / Sales: 5.18
Cash Flow: $5.24 per share
Price / Cash Flow: 13.65
Book Value: $10.33 per share
Price / Book: 6.93

Miscellaneous

Outstanding Shares: 43,000,000
Free Float: N/A
Market Cap: $3.08 billion
Optionable: Not Optionable
Beta: 1.31

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Key Executives

Mr. Ricardo Duenas Espriu (Age 43)
Chief Executive Officer
Mr. Ruffo Perez Pliego del Castillo (Age 47)
Chief Financial Officer
Luis Emmanuel Camacho Thierry
Investor Relations Officer
Ms. Adriana Diaz Galindo (Age 54)
General Counsel & Company Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OMAB Stock Analysis - Frequently Asked Questions

Should I buy or sell Grupo Aeroportuario del Centro Norte stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Centro Norte in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OMAB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OMAB, but not buy additional shares or sell existing shares.
View OMAB analyst ratings or view top-rated stocks.
What is Grupo Aeroportuario del Centro Norte's stock price target for 2024?: 4 brokerages have issued 1 year target prices for Grupo Aeroportuario del Centro Norte's shares. Their OMAB share price targets range from $58.00 to $108.00. On average, they anticipate the company's stock price to reach $83.00 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts price targets for OMAB or view top-rated stocks among Wall Street analysts.
How have OMAB shares performed in 2023?: Grupo Aeroportuario del Centro Norte's stock was trading at $61.84 at the beginning of the year. Since then, OMAB shares have increased by 15.7% and is now trading at $71.55.
View the best growth stocks for 2023 here.
Are investors shorting Grupo Aeroportuario del Centro Norte?: Grupo Aeroportuario del Centro Norte saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 129,500 shares, an increase of 32.0% from the October 31st total of 98,100 shares. Based on an average daily trading volume, of 146,500 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the company are short sold.
View Grupo Aeroportuario del Centro Norte's Short Interest.
When is Grupo Aeroportuario del Centro Norte's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our OMAB earnings forecast.
How were Grupo Aeroportuario del Centro Norte's earnings last quarter?: Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) announced its earnings results on Friday, October, 27th. The transportation company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.13. The transportation company earned $228.99 million during the quarter. Grupo Aeroportuario del Centro Norte had a net margin of 34.04% and a trailing twelve-month return on equity of 60.36%.

How often does Grupo Aeroportuario del Centro Norte pay dividends? What is the dividend yield for Grupo Aeroportuario del Centro Norte?: Grupo Aeroportuario del Centro Norte declared a -- dividend on Thursday, September 7th. Investors of record on Tuesday, September 19th will be paid a dividend of $2.1446 per share on Wednesday, September 27th. This represents a yield of 4.1%. The ex-dividend date is Monday, September 18th. This is an increase from the stock's previous -- dividend of $2.13.
Read our dividend analysis for OMAB.
Is Grupo Aeroportuario del Centro Norte a good dividend stock?: Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) pays an annual dividend of $3.80 per share and currently has a dividend yield of 5.32%. OMAB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OMAB will have a dividend payout ratio of 71.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OMAB.
What ETFs hold Grupo Aeroportuario del Centro Norte's stock?: ETFs with the largest weight of Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF) and iShares Global Infrastructure ETF (IGF).SPDR S&P Global Infrastructure ETF (GII).
What other stocks do shareholders of Grupo Aeroportuario del Centro Norte own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Aeroportuario del Centro Norte investors own include Energy Transfer (ET), CBL & Associates Properties (CBL), AT&T (T), Pfizer (PFE), NVIDIA (NVDA), Intel (INTC), Altria Group (MO), Verizon Communications (VZ), Alibaba Group (BABA) and Cisco Systems (CSCO).
Who are Grupo Aeroportuario del Centro Norte's major shareholders?: Grupo Aeroportuario del Centro Norte's stock is owned by many different retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.59%), abrdn plc (0.44%), Azimuth Capital Investment Management LLC (0.21%), Mackenzie Financial Corp (0.18%), National Bank of Canada FI (0.16%) and American Century Companies Inc. (0.14%).
How do I buy shares of Grupo Aeroportuario del Centro Norte?: Shares of OMAB 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.
Compare Top Brokerages Here.

This page (NASDAQ:OMAB) was last updated on 12/10/2023 by MarketBeat.com Staff

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