Sky Harbour Group (NYSE:SKYH) Rating Increased to Strong-Buy at Noble Financial

Noble Financial upgraded shares of Sky Harbour Group (NYSE:SKYH) to a strong-buy rating in a report released on Monday morning,Zacks.com reports. Noble Financial also issued estimates for Sky Harbour Group’s Q2 2026 earnings at ($0.14) EPS, Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.09) EPS, FY2026 earnings at ($0.50) EPS and FY2027 earnings at ($0.26) EPS.

Other equities analysts have also recently issued research reports about the stock. BTIG Research reissued a “buy” rating and set a $13.00 price objective on shares of Sky Harbour Group in a research report on Tuesday, March 24th. Weiss Ratings lowered shares of Sky Harbour Group from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Sky Harbour Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

Sky Harbour Group Price Performance

SKYH stock opened at $8.97 on Monday. The stock has a market capitalization of $682.78 million, a PE ratio of 224.13 and a beta of 1.39. The company’s 50-day moving average is $9.91 and its 200-day moving average is $9.45. Sky Harbour Group has a 1 year low of $8.22 and a 1 year high of $11.94.

Sky Harbour Group (NYSE:SKYH) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The company had revenue of $8.73 million for the quarter, compared to the consensus estimate of $9.96 million. Sky Harbour Group had a return on equity of 6.83% and a net margin of 63.95%. On average, analysts anticipate that Sky Harbour Group will post -0.66 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sky Harbour Group news, major shareholder Omaha Corp Boston sold 331,500 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $9.05, for a total value of $3,000,075.00. Following the completion of the sale, the insider owned 8,666,163 shares in the company, valued at approximately $78,428,775.15. This trade represents a 3.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 40.77% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SKYH. Deutsche Bank AG increased its stake in shares of Sky Harbour Group by 9.9% during the 4th quarter. Deutsche Bank AG now owns 15,007 shares of the company’s stock worth $135,000 after purchasing an additional 1,357 shares during the last quarter. Barclays PLC increased its stake in shares of Sky Harbour Group by 9.1% during the 4th quarter. Barclays PLC now owns 33,262 shares of the company’s stock worth $298,000 after purchasing an additional 2,785 shares during the last quarter. BNP Paribas Financial Markets increased its stake in shares of Sky Harbour Group by 145.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,012 shares of the company’s stock worth $49,000 after purchasing an additional 2,971 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of Sky Harbour Group by 28.6% during the 3rd quarter. Alliancebernstein L.P. now owns 17,080 shares of the company’s stock worth $169,000 after purchasing an additional 3,800 shares during the last quarter. Finally, Metis Global Partners LLC increased its stake in shares of Sky Harbour Group by 26.7% during the 3rd quarter. Metis Global Partners LLC now owns 19,382 shares of the company’s stock worth $191,000 after purchasing an additional 4,081 shares during the last quarter. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

Sky Harbour Group Company Profile

Sky Harbour Group Inc is a U.S.-based real estate development and operating company focused on private aviation infrastructure. The company specializes in the acquisition, design and management of fixed-base operations (FBOs), aircraft hangarage and private terminals that serve business and general aviation operators. By providing expedited ground handling, concierge services and state-of-the-art facilities, Sky Harbour seeks to streamline the operations of private jet owners, fractional-ownership programs and charter operators while reducing congestion at major airports.

Through strategic leases and joint-venture partnerships, Sky Harbour has established a growing presence at key regional and metropolitan airports across the United States.