NASDAQ:OMABGrupo Aeroportuario del Centro Nort Stock Price, Forecast & News

$41.74

+1.35 (+3.34 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$40.01

Now: $41.74▼

$41.99

50-Day Range

$26.21

MA: $30.44▼

$40.39

52-Week Range

$20.55

Now: $41.74▼

$67.07

Volume204,400 shs

Average Volume116,292 shs

Market Capitalization$2.05 billion

P/E Ratio12.10

Dividend Yield3.55%

Beta1.42

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

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Grupo Aeroportuario del Centro Nort has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $60.33, Grupo Aeroportuario del Centro Nort has a potential upside of 44.5% from its current price of $41.74.
Amount of Analyst Coverage
Grupo Aeroportuario del Centro Nort has only been the subject of 3 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Grupo Aeroportuario del Centro Nort has received 251 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Grupo Aeroportuario del Centro Nort has received 345 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Grupo Aeroportuario del Centro Nort has received 57.89% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Grupo Aeroportuario del Centro Nort and other stocks. Vote “Outperform” if you believe OMAB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OMAB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Grupo Aeroportuario del Centro Nort is a leading dividend payer. It pays a dividend yield of 3.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Grupo Aeroportuario del Centro Nort has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Grupo Aeroportuario del Centro Nort is 42.53 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Grupo Aeroportuario del Centro Nort will have a dividend payout ratio of 52.67 % next year. This indicates that Grupo Aeroportuario del Centro Nort will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grupo Aeroportuario del Centro Nort insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 8.98% of the stock of Grupo Aeroportuario del Centro Nort is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Grupo Aeroportuario del Centro Nort are expected to grow by 17.57% in the coming year, from $2.39 to $2.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Aeroportuario del Centro Nort is 12.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Aeroportuario del Centro Nort is 12.10, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.97.
Price to Earnings Growth Ratio
Grupo Aeroportuario del Centro Nort has a PEG Ratio of 5.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Grupo Aeroportuario del Centro Nort has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Airports, flying fields, & services

Sub-IndustryN/A

SectorTransportation

Current SymbolNASDAQ:OMAB

Previous Symbol

CUSIPN/A

CIK1378239

Webwww.oma.aero

Phone52-81-8625-4300

Debt

Debt-to-Equity Ratio0.43

Current Ratio3.82

Quick Ratio3.82

Price-To-Earnings

Trailing P/E Ratio12.10

Forward P/E Ratio17.46

P/E Growth5.63

Sales & Book Value

Annual Sales$443.14 million

Price / Sales4.63

Cash Flow$3.98 per share

Price / Cash Flow10.49

Book Value$10.65 per share

Price / Book3.92

Profitability

EPS (Most Recent Fiscal Year)$3.48

Net Income$170.61 million

Net Margins40.34%

Return on Equity35.70%

Return on Assets20.13%

Miscellaneous

Employees1,148

Outstanding Shares49,180,000

Market Cap$2.05 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableNot Optionable

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Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) Frequently Asked Questions

How has Grupo Aeroportuario del Centro Nort's stock been impacted by COVID-19 (Coronavirus)?

Grupo Aeroportuario del Centro Nort's stock was trading at $42.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, OMAB stock has decreased by 0.7% and is now trading at $41.74. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Grupo Aeroportuario del Centro Nort?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Centro Nort in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Grupo Aeroportuario del Centro Nort.

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

Grupo Aeroportuario del Centro Nort is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Grupo Aeroportuario del Centro Nort.

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

Grupo Aeroportuario del Centro Nort (NASDAQ:OMAB) posted its quarterly earnings results on Tuesday, April, 28th. The transportation company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.12. The transportation company earned $95.63 million during the quarter. Grupo Aeroportuario del Centro Nort had a return on equity of 35.70% and a net margin of 40.34%. View Grupo Aeroportuario del Centro Nort's earnings history.

What price target have analysts set for OMAB?

9 Wall Street analysts have issued twelve-month target prices for Grupo Aeroportuario del Centro Nort's shares. Their forecasts range from $43.00 to $73.00. On average, they anticipate Grupo Aeroportuario del Centro Nort's stock price to reach $60.33 in the next year. This suggests a possible upside of 44.5% from the stock's current price. View analysts' price targets for Grupo Aeroportuario del Centro Nort.

Has Grupo Aeroportuario del Centro Nort been receiving favorable news coverage?

News articles about OMAB stock have been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Grupo Aeroportuario del Centro Nort earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutGrupo Aeroportuario del Centro Nort.

Are investors shorting Grupo Aeroportuario del Centro Nort?

Grupo Aeroportuario del Centro Nort saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 101,800 shares, a drop of 17.0% from the April 30th total of 122,700 shares. Based on an average daily volume of 132,300 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company's shares are short sold. View Grupo Aeroportuario del Centro Nort's Current Options Chain.

Who are some of Grupo Aeroportuario del Centro Nort's key competitors?

Some companies that are related to Grupo Aeroportuario del Centro Nort include KEPPEL LTD/ADR (KPELY), United Continental (UAL), XPO Logistics (XPO), JAPAN AIRL LTD/ADR (JAPSY), Knight-Swift Transportation (KNX), PANALPINA WELTT/ADR (PLWTY), Genesee & Wyoming (GWR), AMERCO (UHAL), China Eastern Airlines Corp. Ltd. ADR Class H (CEA), China Southern Airlines (ZNH), Alaska Air Group (ALK), Deutsche Lufthansa (DLAKY), American Airlines Group (AAL), Landstar System (LSTR) and Grupo Aeroportr dl Pcfco SAB de CV (PAC). View all competitors.

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

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

Who are Grupo Aeroportuario del Centro Nort's key executives?

Grupo Aeroportuario del Centro Nort's management team includes the following people:

Mr. Ricardo Dueñas Espriu, Chief Exec. Officer (Age 39)
Mr. Ruffo Pérez Pliego del Castillo, Chief Financial Officer (Age 43)
Luis Emmanuel Camacho Thierry, Investor Relations Officer
Ms. Adriana Díaz Galindo, Gen. Counsel & Company Sec. (Age 50)

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

Grupo Aeroportuario del Centro Nort trades on the NASDAQ under the ticker symbol "OMAB."

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

Grupo Aeroportuario del Centro Nort's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.00%), State Street Corp (0.54%), Russell Investments Group Ltd. (0.27%), Nuveen Asset Management LLC (0.25%), U S Global Investors Inc. (0.19%) and Invesco Ltd. (0.18%).

Which institutional investors are selling Grupo Aeroportuario del Centro Nort stock?

OMAB stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Invesco Ltd., Smith Asset Management Group LP, Guggenheim Capital LLC, Parametric Portfolio Associates LLC, Eqis Capital Management Inc., Aperio Group LLC, and Wells Fargo & Company MN.

Which institutional investors are buying Grupo Aeroportuario del Centro Nort stock?

OMAB stock was bought by a variety of institutional investors in the last quarter, including U S Global Investors Inc., BlackRock Inc., Nuveen Asset Management LLC, State Street Corp, JPMorgan Chase & Co., Deutsche Bank AG, Russell Investments Group Ltd., and Bank of New York Mellon Corp.

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

Shares of OMAB 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.

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

One share of OMAB stock can currently be purchased for approximately $41.74.

How big of a company is Grupo Aeroportuario del Centro Nort?

Grupo Aeroportuario del Centro Nort has a market capitalization of $2.05 billion and generates $443.14 million in revenue each year. The transportation company earns $170.61 million in net income (profit) each year or $3.48 on an earnings per share basis. Grupo Aeroportuario del Centro Nort employs 1,148 workers across the globe.

What is Grupo Aeroportuario del Centro Nort's official website?

The official website for Grupo Aeroportuario del Centro Nort is www.oma.aero.

How can I contact Grupo Aeroportuario del Centro Nort?

Grupo Aeroportuario del Centro Nort's mailing address is Torre Latitud L501 Piso 5 Av. Lazaro Cardenas 2225 Col. Valle Oriente, San Pedro Garza Garcia O5, 66269. The transportation company can be reached via phone at 52-81-8625-4300 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff