SKYH · NYSE · Real Estate - Development

Sky Harbour Group

Develops hangar campuses and services for based business aircraft across US airports.

$10.53
After-hours close−0.04 (−0.38%)
At close$10.57(+0.48%)
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Profile

Sky Harbour Group CorporationSKYHReal Estate

Develops and leases Home Base Operator campuses for business aircraft, pairing private hangars with dedicated services and fuel. Revenue is US-only, led by hangar rentals, and growth depends on securing airport ground leases, filling campuses, and executing construction.

Builds, leases, and manages Home Base Operator campuses for business aircraft, with private and semi-private hangars, suites, resident services, and fuel. The model serves aircraft based at the campus, not transient traffic, and is reported as one consolidated segment.

Revenue is generated entirely in the United States. Operating campuses span airport markets including Houston, Nashville, Miami, San Jose, Camarillo, Phoenix, Dallas, and Denver, while the broader pipeline adds more U.S. locations.

Execution depends on airport ground leases, campus construction, occupancy, maintenance, and fuel-supply integrity. Competition comes from FBOs and other hangar real-estate operators, and concentrated ownership controls business direction.

Company facts

CEOTal Keinan
ListedJan 26, 2022
ExchangeNYSE
HeadquartersWhite Plains, NY
CountryUnited States
Employees112
CIK0001823587
ISINUS83085C1071

Key statistics

Market cap$808.9M
EPS (ttm)−$0.0513
P/E (ttm)−206.04
ROE0.7%
P/B2.88
P/S23.83
Dividend yield
Beta0.99vs XLRE 0.42

Year to date +18.6% · Average volume (30d) 177.4K

Analysts

Price target, next 12 months$12.50+18.3%Median of 2 analysts · vs the Aug 28 close
ConsensusBuy2 of 2 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 18, 2026Roth CapitalReiterateBuy$14$12.50
Jul 31, 2026Roth CapitalInitiateBuy$14
Nov 20, 2025Freedom BrokerUpgradeHoldBuy
Oct 27, 2025BTIGTarget$13

Earnings

EPS

Estimate−$0.11
ReportedDue Nov 11, 2026

Revenue

Estimate$10.6M
ReportedDue Nov 11, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 12, 2026Q2 FY26−$0.14−$0.04+71.1%$9.4M$9.9M+4.7%−4.26%
May 14, 2026Q1 FY26−$0.19−$0.16+15.8%$10.0M$8.7M−12.4%−8.35%
Mar 19, 2026Q4 FY25−$0.15$0.25+266.7%$8.5M$8.0M−5.9%−0.21%
Nov 12, 2025Q3 FY25−$0.10−$0.06+40.0%$8.7M$7.3M−16.1%−1.32%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$5.6M$6.6M$7.3M$8.1M$8.7M$9.9M
Gross profit$1.4M$2.1M−$785.0K$7.1M−$923.0K−$367.0K
Operating income−$530.0K−$7.5M−$7.7M−$6.0M−$7.0M−$6.8M
Net income−$6.4M$17.5M−$1.9M$9.6M−$5.6M−$1.2M
Diluted EPS−$0.19$0.52−$0.06$0.20−$0.16−$0.04
Gross margin24.2%31.8%-10.8%88.0%-10.6%-3.7%
Operating margin-9.5%-114.3%-105.2%-74.4%-79.9%-68.7%

Fiscal years (4-quarter sums)FY21 $1.6M · FY22 $1.8M · FY23 $7.6M · FY24 $14.8M · FY25 $27.5M

Balance sheet, Jun 30, 2026Cash & short-term investments $61.8M · Total debt $608.1M · Total assets $822.9M · Shareholders' equity $126.3M

Dividends

No dividends on record.

Ownership

Institutions 13.31%10.18M sharesInsiders 2.54%1.95M sharesOther 84.15%64.40M shares

Shares outstanding 76.53M · Float 19.30M · 25.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BOSTON OMAHA Corp · 10 percent owner8.31M10.85%Form 4Aug 13, 2026
Raga Partners LP3.00M8.70%13GJun 4, 2026
BlackRock, Inc.2.13M2.78%13FMay 13, 2026
Caprock Group, LLC1.35M1.77%13FMay 11, 2026
Vanguard Capital Management LLC927.8K1.21%13FMay 15, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 18, 2026Francisco Gonzalezofficer: Chief Financial Officer+1,000$10.05
Aug 14, 2026Andrew J. Gessowdirector+5,000$10.85
Aug 11, 2026BOSTON OMAHA Corp10 percent owner−360,000$10.00
May 20, 2026Andrew J. Gessowdirector+5,000$8.95
May 18, 2026Tal Keinandirector, 10 percent owner, officer: Chief Executive Officer+100$8.76
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Sky Harbour Group$10.53−0.38%$808.9M23.8+50.0%
General Dynamics$376.45−0.75%$102.63B23.121.71.9+8.1%
Textron$83.04+0.01%$14.28B15.712.50.9+8.5%
Corporación América Airports$24.01−0.54%$3.93B14.28.72.0+12.0%
Median15.712.51.9+8.5%