Streetbeat News

SKYH

Sky Harbour Group Corporation

Industry

Aerospace & Defense

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 was founded in 2017 and is based in White Plains, New York.

Open

13.78

Mkt cap

978M

Volume

143K

High

13.92

P/E Ratio

-7.09

52-wk high

14.52

Low

13.51

Div yield

N/A

52-wk low

8.26

Sky Harbour Group (SKYH) is highlighted as a potentially strong choice for short-term investors due to its recent positive price trend and solid fundamentals.

Portfolio Pulse from

December 10, 2024 | 3:00 pm

Sky Harbour Group Corporation presents a high-risk, high-reward investment opportunity by providing private jet hangar spaces for the ultrarich. Despite underperforming against the S&P 500, the company is in a cash-intensive scaling phase with rising revenues. However, non-cash items impact reported losses, and shareholder dilution remains a risk. Delayed EBITDA targets and potential warrant exercises could improve its cash position, offering significant upside if projections are met.

Portfolio Pulse from

November 26, 2024 | 11:30 pm

Sky Harbour Group Corporation (SKYH) held its Q3 2024 earnings call, discussing financial results and company performance.

Portfolio Pulse from

November 13, 2024 | 8:15 pm

Sky Harbour Group Corporation (NYSE American: SKYH) reported record Q3 2024 results, highlighting its progress in building a nationwide network of Home-Basing campuses for business aircraft. The company released its unaudited financial results for the three and nine months ended September 30, 2024.

Portfolio Pulse from

November 12, 2024 | 10:00 pm

Sky Harbour Group Corporation (NYSE American: SKYH) will release its Q3 2024 financial results on November 12, 2024, followed by an investor webcast.

Portfolio Pulse from

November 05, 2024 | 9:30 pm

Sky Harbour Group's recent SEC Form 4 filing reveals that Alexander Rozek Buffett purchased 105,264 shares at an average price of $9.50 per share.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:08 pm

Northland Capital Markets has initiated coverage on Sky Harbour Group with an Outperform rating and set a price target of $16.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:14 pm

Sky Harbour Group shares are trading lower following the announcement of a securities purchase agreement, which will generate net proceeds of $31.8 million and an additional $63 million by December 2024.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:03 pm

Sky Harbour Group and several other stocks, including SolarEdge Technologies and Viasat, are experiencing declines in pre-market trading. Sky Harbour's drop follows a securities purchase agreement announcement, while other stocks like SolarEdge and Viasat are seeing declines after previous gains.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 12:37 pm

Sky Harbour Group Corporation (NYSE:SKYH) has announced a securities purchase agreement to issue 3,352,106 PIPE shares for net proceeds of $31.8 million, with potential additional proceeds of $63 million by December 2024. The funds will support the expansion of aviation infrastructure, including the development of 6-7 new airport campuses.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:16 pm

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