Funding Announcement: Sky Harbour Group Corporation has closed a $200 million tax-exempt warehouse drawdown committed bank facility, primarily for financing new hangar projects, with JPMorgan Chase Bank as the lender.
Financial Flexibility: The facility allows for 65% leverage, a 5-year bullet maturity, and capitalized monthly interest for the first three years, providing Sky Harbour with the flexibility to draw funds as needed and refinance at optimal times.
SKYH
$8.96+Infinity%1D
Analyst Views on SKYH
Wall Street analysts forecast SKYH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYH is 17.33 USD with a low forecast of 13.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast SKYH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYH is 17.33 USD with a low forecast of 13.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 8.990
Low
13.00
Averages
17.33
High
25.00
Current: 8.990
Low
13.00
Averages
17.33
High
25.00
Alliance Global
Buy
downgrade
$14
2025-11-13
Reason
Alliance Global
Price Target
$14
2025-11-13
downgrade
Buy
Reason
Alliance Global lowered the firm's price target on Sky Harbour to $14 from $14.50 and keeps a Buy rating on the shares after updating the firm's 2025 and 2026 estimates following the company reporting Q3 results.
BTIG
Buy
initiated
$13
2025-10-27
Reason
BTIG
Price Target
$13
2025-10-27
initiated
Buy
Reason
BTIG initiated coverage of Sky Harbour with a Buy rating and $13 price target. The firm says the company has "rapidly grown" into a leading developer and operator of premium aviation campuses. Sky Harbour's access to low-cost fixed-rate debt and its "enhanced" internal construction team will ramp development spending and generate above-average returns as mid-teen yielding hangar campuses commence operation, the analyst tells investors in a research note.
Lake Street
Buy
initiated
$14
2025-06-09
Reason
Lake Street
Price Target
$14
2025-06-09
initiated
Buy
Reason
Noble Capital
Michael Kupinski
Outperform
initiated
$23
2025-05-12
Reason
Noble Capital
Michael Kupinski
Price Target
$23
2025-05-12
initiated
Outperform
Reason
About SKYH
Sky Harbour Group Corporation is an aviation infrastructure company. The Company is engaged in developing a nationwide network of home basing hangar campuses for business aircraft. The Company develops, leases and manages general aviation hangars across the United States. The Company’s home basing offering provides private and corporate residents with physical infrastructure in business aviation with dedicated service, tailored to based aircraft. Its home basing hangar campuses provide features and services such as private hangar space for the exclusive use of the tenant; adjoining configurable lounge and office suites; line crews and services dedicated to tenants; climate control to mitigate condensation and associated corrosion; features to support in-hangar aircraft maintenance, and no-foam fire suppression. It also provides customized software to provide security, control access and monitor hangar space.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
