Should I buy or sell Grupo Aeroportuario del Sureste, S. A. B. de C. V. stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the last year. There are currently 4 sell ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" ASR shares. View ASR analyst ratings or view top-rated stocks .

What is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock price target for 2024?

7 equities research analysts have issued 12-month price objectives for Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s shares. Their ASR share price targets range from $222.00 to $255.00. On average, they expect the company's stock price to reach $238.50 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View analysts price targets for ASR or view top-rated stocks among Wall Street analysts .

How have ASR shares performed in 2023?

Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock was trading at $232.99 on January 1st, 2023. Since then, ASR shares have increased by 0.4% and is now trading at $233.94. View the best growth stocks for 2023 here .

When is Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our ASR earnings forecast .

How were Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s earnings last quarter?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) released its quarterly earnings results on Monday, October, 23rd. The transportation company reported $5.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.75 by $0.56. The transportation company had revenue of $371.57 million for the quarter. Grupo Aeroportuario del Sureste, S. A. B. de C. V. had a trailing twelve-month return on equity of 21.15% and a net margin of 39.16%.

How often does Grupo Aeroportuario del Sureste, S. A. B. de C. V. pay dividends? What is the dividend yield for Grupo Aeroportuario del Sureste, S. A. B. de C. V.?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. announced an annual dividend on Wednesday, November 8th. Shareholders of record on Tuesday, November 28th will be given a dividend of $5.7115 per share on Monday, December 11th. This represents a yield of 2.4%. The ex-dividend date of this dividend is Monday, November 27th. This is a boost from the stock's previous annual dividend of $5.65. Read our dividend analysis for ASR .

Is Grupo Aeroportuario del Sureste, S. A. B. de C. V. a good dividend stock?

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) pays an annual dividend of $5.08 per share and currently has a dividend yield of 2.16%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASR will have a dividend payout ratio of 24.01% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASR .

What ETFs hold Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock?

ETFs with the largest weight of Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) stock in their portfolio include iShares Emerging Markets Infrastructure ETF (EMIF) , SPDR S&P Global Infrastructure ETF (GII) , iShares Global Infrastructure ETF (IGF) , Amplify International Enhanced Dividend Income ETF (IDVO) , Formidable ETF (FORH) , Matthews Emerging Markets ex China Active ETF (MEMX) , Inspire Tactical Balanced ETF (RISN) and AGF Global Infrastructure ETF (GLIF) .

What other stocks do shareholders of Grupo Aeroportuario del Sureste, S. A. B. de C. V. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Aeroportuario del Sureste, S. A. B. de C. V. investors own include Wells Fargo & Company (WFC) , BCE (BCE) , Bank of Nova Scotia (BNS) , Canadian Imperial Bank of Commerce (CM) , Canadian Natural Resources (CNQ) , Intel (INTC) , Royal Bank of Canada (RY) , AT&T (T) , Agnico Eagle Mines (AEM) and Broadcom (AVGO) .

Who are Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s major shareholders?

Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (2.05%), Morgan Stanley (0.49%), William Blair Investment Management LLC (0.48%), AQR Capital Management LLC (0.44%), Robeco Institutional Asset Management B.V. (0.41%) and Itau Unibanco Holding S.A. (0.20%).

How do I buy shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V.?

Shares of ASR 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 Sureste, S. A. B. de C. V. Stock Price, News & Analysis (NYSE:ASR)

$233.94

+2.20 (+0.95%)

(As of 12/5/2023 ET)

Compare

Today's Range: $227.38
▼
$235.28
50-Day Range: $198.43
▼
$256.51
52-Week Range: $165.00
▼
$314.48

Volume: 41,627 shs
Average Volume: 58,593 shs
Market Capitalization: $7.02 billion

P/E Ratio: 12.36
Dividend Yield: 2.17%
Price Target: $238.50

Grupo Aeroportuario del Sureste, S. A. B. de C. V. MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 1.9% Upside
$238.50 Price Target
Short Interest: Healthy
0.57% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.33
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.03%
From $20.34 to $21.16 Per Share

Overall MarketRank^™

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

1.47 out of 5 stars

Transportation Sector

87th out of 102 stocks

Airports, Flying Fields, & Services Industry

3rd out of 4 stocks

0.9

Analyst's Opinion

Consensus Rating
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 3 buy ratings, no hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $238.50, Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a forecasted upside of 1.9% from its current price of $233.94.
Amount of Analyst Coverage
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.57% of the float of Grupo Aeroportuario del Sureste, S. A. B. de C. V. has been sold short.
Short Interest Ratio / Days to Cover
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. has recently increased by 1.09%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Grupo Aeroportuario del Sureste, S. A. B. de C. V. pays a meaningful dividend of 2.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Grupo Aeroportuario del Sureste, S. A. B. de C. V. is 26.84%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Grupo Aeroportuario del Sureste, S. A. B. de C. V. will have a dividend payout ratio of 24.01% next year. This indicates that Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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 ASR.

2.4

News and Social Media Coverage

News Sentiment
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a news sentiment score of 0.33. 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 2 news articles for Grupo Aeroportuario del Sureste, S. A. B. de C. V. this week, compared to 1 article on an average week.
Search Interest
5 people have searched for ASR on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Grupo Aeroportuario del Sureste, S. A. B. de C. V. 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 Sureste, S. A. B. de C. V. insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 13.05% of the stock of Grupo Aeroportuario del Sureste, S. A. B. de C. V. is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Grupo Aeroportuario del Sureste, S. A. B. de C. V. are expected to grow by 4.03% in the coming year, from $20.34 to $21.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Aeroportuario del Sureste, S. A. B. de C. V. is 12.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Aeroportuario del Sureste, S. A. B. de C. V. is 12.36, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.29.
Price to Earnings Growth Ratio
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock (NYSE:ASR)

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán. It provides aeronautical services, which include passenger, aircraft landing and parking, passenger walkway, and airport security services. The company also offers non-aeronautical services, such as leasing of space at its airports to retailers, restaurants, airlines, and other commercial tenants; catering, handling, and ground transportation services, as well as engages in the various commercial operations. In addition, it holds concessions to operate the Luis Muñoz Marín International Airport in San Juan, Puerto Rico; and various airports in Colombia, including the Enrique Olaya Herrera Airport in Medellín, the José María Córdova International Airport in Rionegro, the Los Garzones Airport in Montería, the Antonio Roldán Betancourt Airport in Carepa, the El Caraño Airport in Quibdó, and the Las Brujas Airport in Corozal. Grupo Aeroportuario del Sureste, S. A. B. de C. V. was incorporated in 1998 and is headquartered in Mexico City, Mexico.

ASR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASR Stock News Headlines

November 29, 2023 | americanbankingnews.com

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Downgraded to "Sell" at Citigroup

November 27, 2023 | msn.com

Grupo Aeroportuario Del Sureste S.A. - ADR (ASR) Price Target Increased by 8.51% to 249.24

December 6, 2023 | Autonomix (Ad)

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November 6, 2023 | finance.yahoo.com

ASUR Announces Total Passenger Traffic for October 2023

October 26, 2023 | seekingalpha.com

Grupo Aeroportuario del Sureste: Good Quarterly Financial Results, But Turbulence Expected Ahead

October 26, 2023 | finanznachrichten.de

Grupo Aeroportuario del Sureste, S.A.B. de C.V.: ASUR Reports 3Q23 Financial Results

October 23, 2023 | finance.yahoo.com

ASUR Reports 3Q23 Financial Results

October 19, 2023 | finance.yahoo.com

ASUR ANNOUNCES UPDATES ON GOVERNMENT ACTION TO AMEND THE TARIFF BASE REGULATION

December 6, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 10, 2023 | msn.com

Grupo Aeroportuario del Pacífico: No Easy Way Out

October 10, 2023 | finance.yahoo.com

Unveiling the Investment Potential of Grupo Aeroportuario del Sureste SAB de CV (ASR): A Deep ...

October 10, 2023 | seekingalpha.com

Grupo Aeroportuario del Sureste: Exceptional Risk Reward