Streetbeat News

SKYH

Sky Harbour Group Corporation

https://skyharbour.group

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

10.31

Mkt cap

795M

Volume

70K

High

11.41

P/E Ratio

-5.53

52-wk high

14.52

Low

10.31

Div yield

N/A

52-wk low

8.26

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

Sky Harbour Group (AMEX:SKYH) reported Q2 2024 GAAP EPS of $0.06, beating the analyst estimate of $(0.04) by 250%. However, sales of $3.62M missed the $4.80M estimate by 24.63%, though it represents a 109.38% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:50 pm

Sky Harbour Group Corporation (NYSE:SKYH) has been added to the Russell 2000 Index, effective July 1, 2024, as part of the annual reconstitution of the Russell indexes.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

The article highlights the intraday movements of various industrial stocks on Thursday. JE Cleantech Holdings, Momentus, American Superconductor, AERWINS Technologies, Nano Nuclear Energy, and Forward Air saw significant gains, while flyExclusive, Pineapple Energy, Nauticus Robotics, Sky Harbour Group, Globavend Holdings, and Getaround experienced notable declines.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:32 pm

Sky Harbour Group (AMEX:SKYH) reported Q1 2024 GAAP EPS of $(0.78), missing the $(0.07) estimate by a significant margin. However, sales of $2.404M beat the $2.200M estimate, showing a 117.16% increase year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:16 am

Sky Harbour Group (AMEX:SKYH) reported Q4 2023 earnings with a GAAP EPS of $(0.61), significantly missing the $(0.09) estimate. Sales were $2.238M, slightly below the $2.264M estimate but marked a 267.49% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 9:44 pm

B. Riley Securities analyst Matt Howlett has initiated coverage on Sky Harbour Group (AMEX:SKYH) with a Buy rating and set a price target of $15 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 3:55 pm

Sky Harbour Group Corporation (SKYH) announced that Will Whitesell has joined as COO, replacing Alex Saltzman who has amicably separated from the company. Loren Benedict has joined subsidiary RapidBuilt as chief of operations. Additionally, SKYH updated its construction budget for Dallas Addison Airport Phase 1, increasing the estimate from $25-27 million to $30-32 million.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 10:12 pm

In Friday's pre-market session, there were notable movements in the stocks of several industrial companies. Eneti and Virco Mfg saw significant gains, with Eneti rising by 11.0% and Virco Mfg by 10.55% after releasing Q3 earnings. AERWINS Technologies, Ault Alliance, Multi Ways Holdings, and LanzaTech Global also experienced gains. Conversely, Shengfeng Development, Electriq Power Holdings, Gates Industrial Corp, Sky Harbour Group, FiscalNote Holdings, and Satellogic recorded losses, with Shengfeng Development leading the decline at 12.7%.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 1:07 pm

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