B. Riley Increases Earnings Estimates for Sky Harbour Group

Sky Harbour Group Co. (NYSEAMERICAN:SKYH) – Equities researchers at B. Riley raised their FY2025 earnings per share estimates for Sky Harbour Group in a research note issued on Thursday, November 13th. B. Riley analyst T. D’agostino now forecasts that the company will post earnings per share of ($0.37) for the year, up from their previous estimate of ($0.42). B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Sky Harbour Group’s current full-year earnings is ($0.05) per share. B. Riley also issued estimates for Sky Harbour Group’s FY2026 earnings at ($0.28) EPS.

Other analysts have also issued research reports about the stock. Zacks Research lowered shares of Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. BTIG Research restated a “buy” rating and issued a $13.00 target price on shares of Sky Harbour Group in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $16.63.

Sky Harbour Group Trading Down 0.6%

Shares of SKYH stock opened at $8.92 on Monday. The company’s 50-day moving average price is $9.97 and its 200-day moving average price is $10.23. Sky Harbour Group has a twelve month low of $8.62 and a twelve month high of $14.52. The stock has a market cap of $674.44 million, a price-to-earnings ratio of -4.31 and a beta of 1.74.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in Sky Harbour Group by 173.7% during the 2nd quarter. Bank of America Corp DE now owns 702,494 shares of the company’s stock worth $6,863,000 after acquiring an additional 445,828 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Sky Harbour Group by 32.1% during the second quarter. Geode Capital Management LLC now owns 465,415 shares of the company’s stock worth $4,548,000 after purchasing an additional 112,994 shares in the last quarter. Centerpoint Advisors LLC boosted its stake in shares of Sky Harbour Group by 57.1% in the second quarter. Centerpoint Advisors LLC now owns 275,000 shares of the company’s stock valued at $2,687,000 after purchasing an additional 100,000 shares during the period. Tocqueville Asset Management L.P. boosted its stake in shares of Sky Harbour Group by 145.4% in the first quarter. Tocqueville Asset Management L.P. now owns 118,900 shares of the company’s stock valued at $1,547,000 after purchasing an additional 70,454 shares during the period. Finally, Security National Bank grew its holdings in shares of Sky Harbour Group by 5,377.7% in the third quarter. Security National Bank now owns 52,038 shares of the company’s stock valued at $514,000 after purchasing an additional 51,088 shares in the last quarter. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

About Sky Harbour Group

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.