NASDAQ:OMAB

Grupo Aeroportuario del Centro Norte - OMAB Stock Forecast, Price & News

$55.39

+0.13 (+0.24%)

(As of 08/12/2022 12:00 AM ET)

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Today's Range: $54.86
▼
$55.48
50-Day Range: $47.09
▼
$59.29
52-Week Range: $44.86
▼
$63.06

Volume: 31,106 shs
Average Volume: 63,529 shs
Market Capitalization: $2.36 billion

P/E Ratio: 15.52
Dividend Yield: 13.77%
Price Target: $64.67

Grupo Aeroportuario del Centro Norte MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.7% Upside
$64.67 Price Target
Short Interest: Healthy
0.13% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.02
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 15.65%
From $3.77 to $4.36 Per Share

Overall MarketRank^™

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

2.50 out of 5 stars

Transportation Sector

26th out of 125 stocks

Airports, Flying Fields, & Services Industry

1st out of 3 stocks

2.5

Analyst's Opinion

Consensus Rating
Grupo Aeroportuario del Centro Norte has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $64.67, Grupo Aeroportuario del Centro Norte has a forecasted upside of 16.7% from its current price of $55.39.
Amount of Analyst Coverage
Grupo Aeroportuario del Centro Norte has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.13% 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 1, 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 decreased by 6.09%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Grupo Aeroportuario del Centro Norte is a leading dividend payer. It pays a dividend yield of 13.77%, 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 213.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Grupo Aeroportuario del Centro Norte will have a dividend payout ratio of 175.00% in the coming year. This indicates that Grupo Aeroportuario del Centro Norte may not be able to sustain their current dividend.

N/A

Sustainability and ESG

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

3.3

News and Social Media Coverage

News Sentiment
Grupo Aeroportuario del Centro Norte has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Grupo Aeroportuario del Centro Norte this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for OMAB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
5 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 8.75% of the stock of Grupo Aeroportuario del Centro Norte is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Grupo Aeroportuario del Centro Norte are expected to grow by 15.65% in the coming year, from $3.77 to $4.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Aeroportuario del Centro Norte is 15.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Aeroportuario del Centro Norte is 15.52, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.54.
Price to Earnings Growth Ratio
Grupo Aeroportuario del Centro Norte has a PEG Ratio of 4.90. 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 7.48. 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 (NASDAQ:OMAB) Stock

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.

Analysts Set New Price Targets

Several research firms have commented on OMAB. StockNews.com lowered shares of Grupo Aeroportuario del Centro Norte from a "buy" rating to a "hold" rating in a research note on Tuesday, August 2nd. Morgan Stanley raised Grupo Aeroportuario del Centro Norte from an "equal weight" rating to an "overweight" rating and set a $71.00 price target for the company in a research report on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $64.67.

Grupo Aeroportuario del Centro Norte Stock Performance

NASDAQ:OMAB opened at $55.39 on Friday. The company has a market capitalization of $2.36 billion, a PE ratio of 15.52, a price-to-earnings-growth ratio of 4.89 and a beta of 1.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.90 and a current ratio of 0.90. Grupo Aeroportuario del Centro Norte has a 52-week low of $44.86 and a 52-week high of $63.06. The company has a 50-day simple moving average of $52.02 and a 200 day simple moving average of $55.38.

Grupo Aeroportuario del Centro Norte Announces Dividend

The business also recently declared a Variable dividend, which was paid on Monday, August 1st. Stockholders of record on Friday, July 22nd were paid a dividend of $0.435 per share. The ex-dividend date of this dividend was Thursday, July 21st. This represents a dividend yield of 7.9%. Grupo Aeroportuario del Centro Norte's payout ratio is currently 213.73%.

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OMAB Stock News Headlines

August 11, 2022 | reuters.com

OMAB.O - Grupo Arprtr dl Cntr Nrte SABdeCV(ADR) | Stock Price & Latest News | Reuters

August 6, 2022 | americanbankingnews.com

StockNews.com Lowers Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) to Hold

August 6, 2022 | americanbankingnews.com

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Receives $64.67 Average Target Price from Analysts

August 3, 2022 | americanbankingnews.com

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) Sees Unusually-High Trading Volume

July 27, 2022 | seekingalpha.com

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) CEO Ricardo Duenas on Q2 2022 Results - Earnings Call Transcript

July 2, 2022 | morningstar.com

Grupo Aeroportuario del Centro Norte SAB de CV ADR - Stock Chart

July 1, 2022 | nasdaq.com

Has Grupo Aeroportuario del Centro Norte (OMAB) Outpaced Other Transportation Stocks This Year?

April 24, 2022 | markets.businessinsider.com

Grupo Aeroportuario del Centro Norte SAB de CV (B) is about to announce its earnings — here's what to expect

April 4, 2022 | sg.finance.yahoo.com

Grupo Aeroportuario del Centro Norte (OMAB) Soars to 52-Week High, Time to Cash Out?

March 9, 2022 | mx.investing.com

Grupo Aeroportuario Centro Norte, Aeroméxico y Volaris, claves hoy en el mercado

February 28, 2022 | finance.yahoo.com

Grupo Aeroportuario del Centro Norte (OMA) -- Moody's rates proposed certificados bursatiles 2022 of Grupo Aeroportuario del Centro Norte (OMA)

February 10, 2022 | nasdaq.com

Grupo Aeroportuario del Centro Norte S.A.B de C.V. - ADR Shares Near 52-Week High - Market Mover

February 5, 2022 | msn.com

Retoma BMV ganancia semanal y sube 1.17%

January 13, 2022 | seekingalpha.com

Grupo Aeroportuario del Centro Norte goes ex-dividend tomorrow

November 10, 2021 | fool.com

Grupo Aeroportuario del Centro Norte(OMAB)

November 8, 2021 | markets.businessinsider.com

Here's what Wall Street expects from Grupo Aeroportuario del Centro Norte SAB de C B's earnings

October 28, 2021 | msn.com

Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) Q3 2021 Earnings Call Transcript

July 29, 2021 | markets.businessinsider.com

Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) Q2 2021 Earnings Call Transcript

July 25, 2021 | markets.businessinsider.com

What Wall Street expects from Grupo Aeroportuario del Centro Norte SAB de CV (B)'s earnings

July 23, 2021 | msn.com

After Plunging 11.7% in 4 Weeks, Here's Why the Trend Might Reverse for Grupo Aeroportuario del Centro Norte (OMAB)

July 6, 2021 | nasdaq.com

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

July 1, 2021 | finance.yahoo.com

SNDR vs. OMAB: Which Stock Should Value Investors Buy Now?

June 18, 2021 | finance.yahoo.com

Is OMAB Stock A Buy or Sell?

April 29, 2021 | finance.yahoo.com

GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A.B. DE C.V. (OMAB) Q1 2021 Earnings Call Transcript

April 27, 2021 | finance.yahoo.com

Grupo Aeroportuario del Centro Norte (OMA) -- Moody's withdraws debt ratings of the MXN 3 billion notes of Grupo Aeroportuario del Centro Norte due to prepayment of outstanding balance

See More Headlines

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OMAB Company Calendar

Last Earnings: 7/22/2020
Ex-Dividend for 5/24 Dividend: 5/20/2022
Dividend Payable: 5/24/2022
Ex-Dividend for 8/1 Dividend: 7/21/2022
Dividend Payable: 8/01/2022
Today: 8/14/2022
Next Earnings (Estimated): 10/25/2022
Fiscal Year End: 12/31/2022

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: 1,182
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $64.67
High Stock Price Forecast: $71.00
Low Stock Price Forecast: $58.00
Forecasted Upside/Downside: +16.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.57
Trailing P/E Ratio: 15.52
Forward P/E Ratio: 14.69
P/E Growth: 4.9
Net Income: $139.60 million
Net Margins: 34.30%
Pretax Margin: 45.26%
Return on Equity: 37.21%
Return on Assets: 16.57%

Debt

Debt-to-Equity Ratio: 1.22
Current Ratio: 0.90
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $430.10 million
Price / Sales: 5.48
Cash Flow: $3.87 per share
Price / Cash Flow: 14.30
Book Value: $7.41 per share
Price / Book: 7.48

Miscellaneous

Outstanding Shares: 42,540,000
Free Float: N/A
Market Cap: $2.36 billion
Optionable: Not Optionable
Beta: 1.25

Key Executives

Mr. Ricardo Duenas Espriu (Age 42)
Chief Exec. Officer
Mr. Ruffo Perez Pliego del Castillo (Age 46)
Chief Financial Officer
Luis Emmanuel Camacho Thierry
Investor Relations Officer
Ms. Adriana Diaz Galindo (Age 53)
Gen. Counsel & Company Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OMAB Stock - 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 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OMAB shares.
View OMAB analyst ratings or view top-rated stocks.
What is Grupo Aeroportuario del Centro Norte's stock price forecast for 2022?: 4 brokers have issued 12 month price objectives for Grupo Aeroportuario del Centro Norte's stock. Their OMAB share price forecasts range from $58.00 to $71.00. On average, they anticipate the company's share price to reach $64.67 in the next twelve months. This suggests a possible upside of 16.7% 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 2022?: Grupo Aeroportuario del Centro Norte's stock was trading at $53.69 at the beginning of the year. Since then, OMAB stock has increased by 3.2% and is now trading at $55.39.
View the best growth stocks for 2022 here.
When is Grupo Aeroportuario del Centro Norte's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
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 quarterly earnings data on Wednesday, July, 22nd. The transportation company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by $0.00. The transportation company earned $27.25 million during the quarter. Grupo Aeroportuario del Centro Norte had a trailing twelve-month return on equity of 37.21% and a net margin of 34.30%.
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 Variable dividend on Tuesday, July 12th. Stockholders of record on Friday, July 22nd will be given a dividend of $0.435 per share on Monday, August 1st. This represents a dividend yield of 7.9%. The ex-dividend date of this dividend is Thursday, July 21st.
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 $7.63 per share and currently has a dividend yield of 13.80%. OMAB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 213.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, OMAB will have a dividend payout ratio of 175.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for OMAB.
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).
What is Grupo Aeroportuario del Centro Norte's stock symbol?: Grupo Aeroportuario del Centro Norte trades on the NASDAQ under the ticker symbol "OMAB."
Who are Grupo Aeroportuario del Centro Norte's major shareholders?: Grupo Aeroportuario del Centro Norte's stock is owned by many different institutional and retail investors. Top institutional investors include abrdn plc (0.77%), Renaissance Technologies LLC (0.74%), Russell Investments Group Ltd. (0.45%), Azimuth Capital Investment Management LLC (0.38%), Manning & Napier Group LLC (0.23%) and Mackenzie Financial Corp (0.17%).
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.
What is Grupo Aeroportuario del Centro Norte's stock price today?: One share of OMAB stock can currently be purchased for approximately $55.39.
How much money does Grupo Aeroportuario del Centro Norte make?: Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) has a market capitalization of $2.36 billion and generates $430.10 million in revenue each year. The transportation company earns $139.60 million in net income (profit) each year or $3.57 on an earnings per share basis.
How many employees does Grupo Aeroportuario del Centro Norte have?: The company employs 1,182 workers across the globe.
How can I contact Grupo Aeroportuario del Centro Norte?: Grupo Aeroportuario del Centro Norte's mailing address is Plaza Metropoli Patriotismo Piso 5, Col. San Pedro de los Pinos Benito Juarez O5, 66600. The official website for the company is www.oma.aero. The transportation company can be reached via phone at 528186254300, via email at ir@oma.aero, or via fax at 52-81-8160-0003.

This page (NASDAQ:OMAB) was last updated on 8/14/2022 by MarketBeat.com Staff

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Grupo Aeroportuario del Centro Norte - OMAB Stock Forecast, Price & News

Grupo Aeroportuario del Centro Norte MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

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

Analysts Set New Price Targets

Grupo Aeroportuario del Centro Norte Stock Performance

Grupo Aeroportuario del Centro Norte Announces Dividend

OMAB Stock News Headlines

OMAB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

OMAB Stock - Frequently Asked Questions

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

What is Grupo Aeroportuario del Centro Norte's stock price forecast for 2022?

How have OMAB shares performed in 2022?

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

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

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

Is Grupo Aeroportuario del Centro Norte a good dividend stock?

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

What is Grupo Aeroportuario del Centro Norte's stock symbol?

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

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

What is Grupo Aeroportuario del Centro Norte's stock price today?

How much money does Grupo Aeroportuario del Centro Norte make?

How many employees does Grupo Aeroportuario del Centro Norte have?

How can I contact Grupo Aeroportuario del Centro Norte?

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