Noble Financial Issues Negative Outlook for SKYH Earnings

Sky Harbour Group Co. (NYSE:SKYH) – Research analysts at Noble Financial reduced their Q3 2026 earnings per share (EPS) estimates for Sky Harbour Group in a report issued on Friday, August 14th. Noble Financial analyst J. Gomes now anticipates that the company will post earnings per share of ($0.14) for the quarter, down from their previous estimate of ($0.11). Noble Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Sky Harbour Group’s current full-year earnings is ($0.59) per share. Noble Financial also issued estimates for Sky Harbour Group’s Q4 2026 earnings at ($0.12) EPS, FY2026 earnings at ($0.57) EPS and FY2027 earnings at ($0.23) EPS.

Several other equities research analysts also recently commented on SKYH. Roth Capital assumed coverage on Sky Harbour Group in a report on Friday, July 31st. They issued a “buy” rating and a $14.00 target price on the stock. Weiss Ratings upgraded Sky Harbour Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $13.50.

Sky Harbour Group Stock Up 0.1%

Sky Harbour Group stock opened at $10.27 on Tuesday. Sky Harbour Group has a twelve month low of $8.22 and a twelve month high of $11.70. The company has a market capitalization of $785.96 million, a P/E ratio of -57.06 and a beta of 1.31. The stock’s 50 day moving average is $10.12 and its 200 day moving average is $9.73.

Sky Harbour Group (NYSE:SKYH) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.10. Sky Harbour Group had a net margin of 2.73% and a return on equity of 6.45%. The company had revenue of $0.01 million during the quarter, compared to analysts’ expectations of $9.44 million.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SKYH. RMR Capital Management LLC bought a new stake in Sky Harbour Group in the 1st quarter worth about $1,170,000. Vanguard Group Inc. lifted its stake in Sky Harbour Group by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,175,780 shares of the company’s stock valued at $11,605,000 after acquiring an additional 15,250 shares during the period. 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 valued at $6,863,000 after acquiring an additional 445,828 shares during the period. State Street Corp boosted its holdings 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. Finally, Geode Capital Management LLC boosted its holdings in shares of Sky Harbour Group by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 512,506 shares of the company’s stock valued at $4,598,000 after acquiring an additional 14,194 shares during the last quarter. 14.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Sky Harbour Group news, Director Andrew J. Gessow bought 5,000 shares of Sky Harbour Group stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $8.95 per share, with a total value of $44,750.00. Following the acquisition, the director owned 17,910 shares in the company, valued at approximately $160,294.50. This trade represents a 38.73% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 40.70% of the company’s stock.

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.