Sky Harbour Group Corp (SKYH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Sky Harbour Group Corp Do?
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. Sky Harbour Group Corp (SKYH) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO Tal Keinan and employs approximately 20 people. With a market capitalization of $328M, SKYH is one of the notable companies in the Real Estate sector.
Sky Harbour Group Corp (SKYH) Stock Rating — Reduce (April 2026)
As of April 2026, Sky Harbour Group Corp receives a Reduce rating with a composite score of 31.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SKYH ranks #2,173 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, Sky Harbour Group Corp ranks #23 of 57 stocks, placing it in the upper half of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
SKYH Stock Price and 52-Week Range
Sky Harbour Group Corp (SKYH) currently trades at $10.36. The stock lost $0.04 (0.4%) in the most recent trading session. The 52-week high for SKYH is $14.20, which means the stock is currently trading -27.0% from its annual peak. The 52-week low is $8.22, putting the stock 26.0% above its annual trough. Recent trading volume was 104K shares, suggesting relatively thin trading activity.
Is SKYH Overvalued or Undervalued? — Valuation Analysis
Sky Harbour Group Corp (SKYH) carries a value factor score of 32/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 18.50x, compared to the Real Estate sector average of 32.31x — a discount of 43%. The price-to-book ratio stands at 1.98x, versus the sector average of 1.18x. The price-to-sales ratio is 14.47x, compared to 0.80x for the average Real Estate stock.
At current multiples, Sky Harbour Group Corp trades at a premium to most Real Estate peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Sky Harbour Group Corp Profitability — ROE, Margins, and Quality Score
Sky Harbour Group Corp (SKYH) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -11.7%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -3.4% versus the sector average of 0.8%.
On a margin basis, Sky Harbour Group Corp reports gross margins of 23.0%, compared to 26.0% for the sector. The operating margin is -115.0% (sector: 3.7%). Net profit margin stands at -128.6%, versus 1.8% for the average Real Estate stock. Revenue growth is running at 101.8% on a trailing basis, compared to 6.1% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
SKYH Debt, Balance Sheet, and Financial Health
Sky Harbour Group Corp has a debt-to-equity ratio of 109.0%, compared to the Real Estate sector average of 60.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.41x, suggesting adequate working capital coverage. Total debt on the balance sheet is $187M. Cash and equivalents stand at $24M.
SKYH has a beta of 0.84, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Sky Harbour Group Corp is 62/100, reflecting average volatility within the normal range for its sector.
Sky Harbour Group Corp Revenue and Earnings History — Quarterly Trend
In TTM 2026, Sky Harbour Group Corp reported revenue of $24M and earnings per share (EPS) of $0.56. Net income for the quarter was $-20M. Gross margin was 23.0%. Operating income came in at $-27M.
In FY 2025, Sky Harbour Group Corp reported revenue of $28M and earnings per share (EPS) of $0.56. Net income for the quarter was $7M. Revenue grew 86.6% year-over-year compared to FY 2024. Operating income came in at $-28M.
In Q3 2025, Sky Harbour Group Corp reported revenue of $7M and earnings per share (EPS) of $-0.06. Net income for the quarter was $-5M. Revenue grew 78.2% year-over-year compared to Q3 2024. Operating income came in at $-8M.
In Q2 2025, Sky Harbour Group Corp reported revenue of $7M and earnings per share (EPS) of $0.52. Net income for the quarter was $14M. Revenue grew 82.1% year-over-year compared to Q2 2024. Operating income came in at $-8M.
Over the past 8 quarters, Sky Harbour Group Corp has demonstrated a growth trajectory, with revenue expanding from $4M to $24M. Investors analyzing SKYH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
SKYH Dividend Yield and Income Analysis
Sky Harbour Group Corp (SKYH) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.
SKYH Momentum and Technical Analysis Profile
Sky Harbour Group Corp (SKYH) has a momentum factor score of 35/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 21/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 63/100 reflects moderate short selling activity.
SKYH vs Competitors — Real Estate Sector Ranking and Peer Comparison
Within the Real Estate sector, Sky Harbour Group Corp (SKYH) ranks #23 out of 57 stocks based on the Blank Capital composite score. This places SKYH in the upper half of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.
Comparing SKYH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SKYH vs S&P 500 (SPY) comparison to assess how Sky Harbour Group Corp stacks up against the broader market across all factor dimensions.
SKYH Next Earnings Date
No upcoming earnings date has been announced for Sky Harbour Group Corp (SKYH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy SKYH? — Investment Thesis Summary
The quantitative profile for Sky Harbour Group Corp suggests caution. The quality score of 10/100 flags below-average profitability. The value score of 32/100 indicates premium valuation. Momentum is weak at 35/100, a headwind for near-term performance. Low volatility (stability score 62/100) reduces downside risk.
In summary, Sky Harbour Group Corp (SKYH) earns a Reduce rating with a composite score of 31.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SKYH stock.
Related Resources for SKYH Investors
Explore more research and tools: SKYH vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SKYH head-to-head with peers: SKYH vs UE, SKYH vs KW, SKYH vs AXR.