NYSE:ERAEra Group Stock Price, Forecast & News

Era Group's stock was trading at $6.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ERA stock has decreased by 14.4% and is now trading at $5.88. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Era Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Era Group.

Era Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Era Group.

Era Group Inc (NYSE:ERA) issued its quarterly earnings results on Tuesday, May, 5th. The transportation company reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.03. The transportation company earned $57.06 million during the quarter. Era Group had a negative net margin of 2.10% and a negative return on equity of 1.07%. View Era Group's earnings history.

Era Group issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, April, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $57-57 million, compared to the consensus revenue estimate of $59.2 million.

1 brokers have issued 1-year price objectives for Era Group's shares. Their forecasts range from $12.00 to $12.00. On average, they expect Era Group's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 104.1% from the stock's current price. View analysts' price targets for Era Group.

News stories about ERA stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing 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. Era Group earned a news impact score of -3.7 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutEra Group.

Era Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,520,000 shares, an increase of 25.6% from the April 30th total of 1,210,000 shares. Based on an average daily trading volume, of 183,400 shares, the short-interest ratio is currently 8.3 days. Approximately 7.9% of the company's shares are sold short. View Era Group's Current Options Chain.

Some companies that are related to Era Group include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Oil States International (OIS), Matrix Service (MTRX), Tidewater (TDW), Newpark Resources (NR), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Era Group investors own include Seacor (CKH), American Airlines Group (AAL), Freeport-McMoRan (FCX), Dominion Energy (D), Ford Motor (F), Groupon (GRPN), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), Primo Water (PRMW) and Ring Energy (REI).

Era Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERA."

Era Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.33%), Wellington Management Group LLP (9.49%), Donald Smith & CO. Inc. (4.56%), Van Den Berg Management I Inc. (4.27%), State Street Corp (2.86%) and Invesco Ltd. (1.35%). Company insiders that own Era Group stock include Christopher Scott Bradshaw, Grant D Newman, Jennifer Dawn Whalen and Paul T White. View institutional ownership trends for Era Group.

ERA stock was sold by a variety of institutional investors in the last quarter, including Van Den Berg Management I Inc., Thrivent Financial for Lutherans, Morgan Stanley, Donald Smith & CO. Inc., BlackRock Inc., Alambic Investment Management L.P., UBS Group AG, and Invesco Ltd.. View insider buying and selling activity for Era Group.

ERA stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, State Street Corp, Geode Capital Management LLC, Trexquant Investment LP, Marquette Asset Management LLC, Rhumbline Advisers, Wells Fargo & Company MN, and C M Bidwell & Associates Ltd.. Company insiders that have bought Era Group stock in the last two years include Christopher Scott Bradshaw, and Grant D Newman. View insider buying and selling activity for Era Group.

Shares of ERA 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.

One share of ERA stock can currently be purchased for approximately $5.88.

Era Group has a market capitalization of $126.57 million and generates $226.06 million in revenue each year. Era Group employs 693 workers across the globe.

The official website for Era Group is www.erahelicopters.com.

Era Group's mailing address is 945 Bunker Hill Suite 650, HOUSTON TX, 77024. The transportation company can be reached via phone at 713-369-4700 or via email at [email protected]