Sky Harbour Group (SKYH) to Release Quarterly Earnings on Thursday

Sky Harbour Group (NYSEAMERICAN:SKYH) is projected to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Sky Harbour Group to post earnings of ($0.12) per share and revenue of $4.15 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Sky Harbour Group Price Performance

Shares of Sky Harbour Group stock opened at $11.44 on Thursday. The company has a market capitalization of $864.98 million, a P/E ratio of -5.53 and a beta of 1.74. The stock’s fifty day moving average is $11.05. Sky Harbour Group has a 12-month low of $8.26 and a 12-month high of $14.52.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on SKYH shares. Maxim Group upped their target price on shares of Sky Harbour Group from $17.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. B. Riley raised shares of Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, January 7th.

Insider Buying and Selling

In related news, Director Alexander Buffett Rozek bought 152,486 shares of the company’s stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of $9.50 per share, for a total transaction of $1,448,617.00. Following the completion of the purchase, the director now directly owns 323,613 shares in the company, valued at $3,074,323.50. The trade was a 89.11 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 45.18% of the stock is currently owned by corporate insiders.

Sky Harbour Group Company Profile

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.