Sky Harbour Group (NYSE:SKYH) Stock Rating Upgraded by Noble Financial

Sky Harbour Group (NYSE:SKYH) was upgraded by Noble Financial to a “strong-buy” rating in a research report issued on Monday,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.

A number of other research firms have also commented on SKYH. Weiss Ratings lowered Sky Harbour Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday. BTIG Research reiterated a “buy” rating and issued a $13.00 price objective on shares of Sky Harbour Group in a research report on Tuesday, March 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sky Harbour Group presently has a consensus rating of “Moderate Buy” and an average price target of $13.50.

Sky Harbour Group Stock Performance

SKYH stock opened at $8.97 on Monday. Sky Harbour Group has a 1 year low of $8.22 and a 1 year high of $11.94. The stock has a 50-day simple moving average of $9.91 and a 200-day simple moving average of $9.45. The firm has a market cap of $682.78 million, a P/E ratio of 224.13 and a beta of 1.39.

Sky Harbour Group (NYSE:SKYH) last released its earnings results on Thursday, May 14th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). Sky Harbour Group had a return on equity of 6.83% and a net margin of 63.95%.The firm had revenue of $8.73 million for the quarter, compared to the consensus estimate of $9.96 million. On average, equities research analysts predict that Sky Harbour Group will post -0.66 EPS for the current 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 that occurred on 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 sale, the insider directly owned 8,666,163 shares in the company, valued at $78,428,775.15. This represents a 3.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 40.77% of the company’s stock.

Institutional Trading of Sky Harbour Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Sky Harbour Group by 1.3% during the third quarter. Vanguard Group Inc. now owns 1,175,780 shares of the company’s stock valued at $11,605,000 after purchasing an additional 15,250 shares during the last quarter. Bank of America Corp DE increased its holdings in Sky Harbour Group by 173.7% in 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. State Street Corp boosted its position in shares of Sky Harbour Group by 2.5% during the 4th quarter. State Street Corp now owns 581,050 shares of the company’s stock valued at $5,212,000 after acquiring an additional 14,035 shares during the last quarter. Geode Capital Management LLC lifted its position in Sky Harbour Group by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 512,506 shares of the company’s stock valued at $4,598,000 after buying an additional 14,194 shares during the last quarter. Finally, First Manhattan CO. LLC. purchased a new stake in Sky Harbour Group during the fourth quarter worth about $1,203,000. 14.75% of the stock is 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.