Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) Posts Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Grupo Aeroportuario del Centro Norte (NASDAQ:OMAB) announced its earnings results on Tuesday. The transportation company reported $1.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.25), Zacks reports. The business had revenue of $239.14 million for the quarter, compared to analysts’ expectations of $241.63 million. Grupo Aeroportuario del Centro Norte had a net margin of 33.36% and a return on equity of 53.08%.

Here are the key takeaways from Grupo Aeroportuario del Centro Norte’s conference call:

• Approval of the 2026–2030 Master Development Program committing MXN 16 billion (Dec‑2024 pesos) focused on capacity, quality, technology and sustainability, providing long‑term regulatory visibility and improving capital efficiency per passenger.
• Strong 2025 operating performance with 28.8 million passengers (+8.5% YoY), seat capacity up ~11%, and full‑year adjusted EBITDA of MXN 10.2 billion with a 74.5% margin.
• Commercial and diversification businesses strengthened results—restaurants +22%, VIP lounges +30%, parking +13%, industrial park +44% and OMA Carga +9%—with Q4 commercial revenue per passenger at MXN 62.
• Major maintenance provisioning increased materially (4Q provision MXN 216 million vs MXN 39M prior); management will provision the present value of MDP maintenance (≈17% of MDP) and expects ~MXN 400 million of non‑cash provision in 2026, which raises reported non‑cash P&L charges and timing risk.
• Balance sheet remains supportive of the plan with cash of MXN 3.1 billion, total debt of MXN 13.6 billion and net‑debt/adjusted‑EBITDA around 1.0x, leaving financial flexibility for MDP execution and upcoming refinancings.

Grupo Aeroportuario del Centro Norte Price Performance

Shares of NASDAQ OMAB traded down $0.67 during mid-day trading on Wednesday, reaching $126.32. The company’s stock had a trading volume of 135,051 shares, compared to its average volume of 83,866. The stock has a 50-day moving average of $116.71 and a two-hundred day moving average of $108.81. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $5.37 billion, a P/E ratio of 22.36, a P/E/G ratio of 2.01 and a beta of 0.74. Grupo Aeroportuario del Centro Norte has a 1-year low of $70.24 and a 1-year high of $134.99.

Analysts Set New Price Targets

Several research firms have issued reports on OMAB. Zacks Research raised shares of Grupo Aeroportuario del Centro Norte from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. Weiss Ratings restated a “hold (c)” rating on shares of Grupo Aeroportuario del Centro Norte in a research report on Friday, January 9th. Finally, Wall Street Zen upgraded Grupo Aeroportuario del Centro Norte from a “buy” rating to a “strong-buy” rating in a report on Sunday, February 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $106.00.

Institutional Trading of Grupo Aeroportuario del Centro Norte

Hedge funds have recently bought and sold shares of the business. Vident Advisory LLC boosted its holdings in Grupo Aeroportuario del Centro Norte by 1.6% in the 4th quarter. Vident Advisory LLC now owns 11,809 shares of the transportation company’s stock valued at $1,285,000 after purchasing an additional 188 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of Grupo Aeroportuario del Centro Norte by 28.3% during the 4th quarter. Mackenzie Financial Corp now owns 36,908 shares of the transportation company’s stock valued at $4,008,000 after buying an additional 8,135 shares during the period. Empowered Funds LLC lifted its holdings in Grupo Aeroportuario del Centro Norte by 42.5% in the fourth quarter. Empowered Funds LLC now owns 100,189 shares of the transportation company’s stock valued at $11,707,000 after acquiring an additional 29,870 shares during the last quarter. Guggenheim Capital LLC grew its position in Grupo Aeroportuario del Centro Norte by 52.8% in the fourth quarter. Guggenheim Capital LLC now owns 4,965 shares of the transportation company’s stock worth $540,000 after acquiring an additional 1,715 shares during the period. Finally, Cetera Investment Advisers purchased a new position in Grupo Aeroportuario del Centro Norte in the fourth quarter worth approximately $579,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

About Grupo Aeroportuario del Centro Norte

Grupo Aeroportuario del Centro Norte, SAB. de C.V. (OMAB) is a Mexican airport operator that develops, manages and operates airports under long‐term concessions granted by the Federal Government of Mexico. The company’s core business covers all aspects of airport operations, including passenger processing, airfield services, security, ground handling, cargo handling and commercial activities such as retail, food and beverage, and parking.

OMA currently holds concession contracts for 13 airports in central and northern Mexico, serving key markets such as Monterrey, Ciudad Juárez, Culiacán, Hermosillo and Torreón.