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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Centro Norte in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OMAB shares. View OMAB analyst ratings or view top-rated stocks .

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

2 equities research analysts have issued 1 year price objectives for Grupo Aeroportuario del Centro Norte's shares. Their OMAB share price targets range from $94.00 to $94.00. On average, they expect the company's share price to reach $94.00 in the next twelve months. This suggests a possible upside of 24.8% 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 2024?

Grupo Aeroportuario del Centro Norte's stock was trading at $84.63 at the beginning of 2024. Since then, OMAB shares have decreased by 11.0% and is now trading at $75.30. View the best growth stocks for 2024 here .

Are investors shorting Grupo Aeroportuario del Centro Norte?

Grupo Aeroportuario del Centro Norte saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 88,100 shares, an increase of 258.1% from the March 15th total of 24,600 shares. Based on an average trading volume of 55,600 shares, the short-interest ratio is currently 1.6 days. Approximately 0.2% 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 Wednesday, April 24th 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) released its quarterly earnings results on Thursday, February, 22nd. The transportation company reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.19. The transportation company had revenue of $211.59 million for the quarter. Grupo Aeroportuario del Centro Norte had a trailing twelve-month return on equity of 59.61% and a net margin of 34.70%.

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 announced a -- dividend on Thursday, September 7th. Investors of record on Tuesday, September 19th will be given a dividend of $2.1446 per share on Wednesday, September 27th. This represents a dividend yield of 4.1%. The ex-dividend date is Monday, September 18th. This is a positive change 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 $2.37 per share and currently has a dividend yield of 3.07%. The dividend payout ratio is 39.70%. This payout ratio is at a healthy, sustainable level, below 75%. 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 institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.01%) and Mather Group LLC. (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:OMAB

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

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$75.30

-0.82 (-1.08%)

(As of 04/18/2024 ET)

Compare

Today's Range: $75.00
▼
$75.96
50-Day Range: $66.99
▼
$85.25
52-Week Range: $50.23
▼
$100.21

Volume: 26,246 shs
Average Volume: 54,989 shs
Market Capitalization: $3.24 billion

P/E Ratio: 12.61
Dividend Yield: 3.15%
Price Target: $94.00

Get Grupo Aeroportuario del Centro Norte alerts:

Grupo Aeroportuario del Centro Norte MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 24.8% Upside
$94.00 Price Target
Short Interest: Healthy
0.21% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.06 out of 5 stars

Transportation Sector

92nd out of 106 stocks

Airports, Flying Fields, & Services Industry

3rd out of 4 stocks

2.3

Analyst's Opinion

Consensus Rating
Grupo Aeroportuario del Centro Norte has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Grupo Aeroportuario del Centro Norte has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.21% 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 1.6, 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 258.13%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Grupo Aeroportuario del Centro Norte pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends.
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 39.70%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

1.3

News and Social Media Coverage

News Sentiment
Grupo Aeroportuario del Centro Norte has a news sentiment score of 0.42. 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 news sentiment score is similar to the average news sentiment of Transportation companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Grupo Aeroportuario del Centro Norte this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added Grupo Aeroportuario del Centro Norte to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 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 9.53% of the stock of Grupo Aeroportuario del Centro Norte is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Aeroportuario del Centro Norte is 12.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Aeroportuario del Centro Norte is 12.61, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.09.
Price to Earnings Growth Ratio
Grupo Aeroportuario del Centro Norte has a PEG Ratio of 4.66. 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 5.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

April 19, 2024 | americanbankingnews.com

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) Share Price Crosses Above 200 Day Moving Average of $72.92

April 14, 2024 | seekingalpha.com

Economic And Political Uncertainties Make Grupo Aeroportuario del Pacifico A Harder Call Today

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March 13, 2024 | investorplace.com

The 3 Most Undervalued Infrastructure Stocks to Buy in March 2024

February 26, 2024 | seekingalpha.com

Grupo Aeroportuario Del Centro Norte Stock Remains Attractive

February 25, 2024 | msn.com

Audrii Cunningham cause of death revealed after family friend charged with murder

February 24, 2024 | finance.yahoo.com

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) Q4 2023 Earnings Call Transcript

February 23, 2024 | msn.com

Grupo Aeroportuario del Centro Norte GAAP EPADS of $1.53, revenue of Ps.3.71B

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February 22, 2024 | msn.com

Grupo Aeroportuario del Centro Norte Q4 Earnings Preview

February 18, 2024 | finance.yahoo.com

OMAB Mar 2024 70.000 put

February 16, 2024 | finance.yahoo.com

OMAB Mar 2024 65.000 call

February 16, 2024 | finance.yahoo.com

OMAB Mar 2024 65.000 put

February 9, 2024 | wsj.com

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

January 23, 2024 | wsj.com

Grupo Aeroportuario del Centro Norte S.A.B. de C.V. ADR

December 18, 2023 | uk.finance.yahoo.com

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

December 16, 2023 | msn.com

Grupo Aeroportuario del Centro Norte S.A.B de C.V. - ADR (OMAB) Price Target Increased by 12.35% to 84.16

November 1, 2023 | msn.com

OMAB: Safe To BUY

November 1, 2023 | msn.com

Caen hasta 27% acciones de grupos aeroportuarios en octubre

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Airports, flying fields, & services
Sub-Industry: N/A
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: $94.00
High Stock Price Target: $94.00
Low Stock Price Target: $94.00
Potential Upside/Downside: +24.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.97
Trailing P/E Ratio: 12.61
Forward P/E Ratio: 13.64
P/E Growth: 4.66
Net Income: $283.17 million
Net Margins: 34.70%
Pretax Margin: 48.83%
Return on Equity: 59.61%
Return on Assets: 21.02%

Debt

Debt-to-Equity Ratio: 1.10
Current Ratio: 2.02
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $816.21 million
Price / Sales: 3.97
Cash Flow: $7.25 per share
Price / Cash Flow: 10.39
Book Value: $12.93 per share
Price / Book: 5.82

Miscellaneous

Outstanding Shares: 43,000,000
Free Float: N/A
Market Cap: $3.24 billion
Optionable: Optionable
Beta: 1.40

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Key Executives

Mr. Ricardo Duenas Espriu (Age 44)
Chief Executive Officer
Mr. Ruffo Perez Pliego del Castillo (Age 48)
Chief Financial Officer
Luis Emmanuel Camacho Thierry
Investor Relations Officer
Ms. Adriana Diaz Galindo (Age 55)
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?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Centro Norte in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OMAB shares.
View OMAB analyst ratings or view top-rated stocks.
What is Grupo Aeroportuario del Centro Norte's stock price target for 2024?: 2 equities research analysts have issued 1 year price objectives for Grupo Aeroportuario del Centro Norte's shares. Their OMAB share price targets range from $94.00 to $94.00. On average, they expect the company's share price to reach $94.00 in the next twelve months. This suggests a possible upside of 24.8% 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 2024?: Grupo Aeroportuario del Centro Norte's stock was trading at $84.63 at the beginning of 2024. Since then, OMAB shares have decreased by 11.0% and is now trading at $75.30.
View the best growth stocks for 2024 here.
Are investors shorting Grupo Aeroportuario del Centro Norte?: Grupo Aeroportuario del Centro Norte saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 88,100 shares, an increase of 258.1% from the March 15th total of 24,600 shares. Based on an average trading volume of 55,600 shares, the short-interest ratio is currently 1.6 days. Approximately 0.2% 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 Wednesday, April 24th 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) released its quarterly earnings results on Thursday, February, 22nd. The transportation company reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.19. The transportation company had revenue of $211.59 million for the quarter. Grupo Aeroportuario del Centro Norte had a trailing twelve-month return on equity of 59.61% and a net margin of 34.70%.

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 announced a -- dividend on Thursday, September 7th. Investors of record on Tuesday, September 19th will be given a dividend of $2.1446 per share on Wednesday, September 27th. This represents a dividend yield of 4.1%. The ex-dividend date is Monday, September 18th. This is a positive change 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 $2.37 per share and currently has a dividend yield of 3.07%. The dividend payout ratio is 39.70%. This payout ratio is at a healthy, sustainable level, below 75%.
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 institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.01%) and Mather Group LLC. (0.00%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:OMAB) was last updated on 4/19/2024 by MarketBeat.com Staff

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

Grupo Aeroportuario del Centro Norte MarketRank™ Stock Analysis

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

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

OMAB Stock Price History

OMAB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

OMAB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™