Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
After these transactions, Boston Omaha Corp owns 10,820,950 shares of Sky Harbor Group directly, while its wholly owned subsidiary, United Casualty Surety Insurance Company, owns another 1,511,831 shares. Despite the recent volatility of the stock and the -4.61% YTD return, analysts maintain positive price targets from $15 to $25 per share. For a deeper understanding of SKYH’s value and growth prospects, InvestingPro subscribers can access the full Pro Research Report, which contains detailed analysis and key metrics. Despite the recent volatility of the stock and the -4.61% YTD return, analysts maintain positive price targets from $15 to $25 per share. For a deeper understanding of SKYH’s value and growth prospects, InvestingPro subscribers can access the full Pro Research Report, which contains detailed analysis and key metrics.
After these transactions, Boston Omaha Corp owns 10,820,950 shares of Sky Harbor Group directly, while its wholly owned subsidiary, United Casualty Surety Insurance Company, owns another 1,511,831 shares.
In other recent news, Sky Harbor Capital reported strong revenue growth in its latest earnings call, driven largely by the opening of its San Jose campus and higher occupancy rates at its facilities. existing ones. CFO Francisco Gonzalez expressed confidence in the company’s financial situation, with plans to achieve consolidated success next year. The company is also expanding its airport portfolio and expects to raise additional capital by closing the second PIPE, with the aim of obtaining investment grade ratings for its bonds.
Sky Harbor is continuing campus renovations in Dallas, Denver and Phoenix, which are expected to drive revenue growth. The company reported $110 million in cash and assets as of September 30, and PIPE’s second investment is expected to raise an additional $37.6 million. Sky Harbor is also working to obtain an investment-grade rating for its bonds and intends to raise $150 million in additional debt.
The company has completed the Sky Harbor 37 prototype and is focusing on operational management and resource acquisition. Marty Kretchman has been appointed as Senior Vice President of Airports to improve tenant satisfaction. The Sky Harbor plan now includes private hangars, increasing occupancy and revenue. These are just a few of the recent developments at Sky Harbor Capital.
This article was created with the support of AI and reviewed by the editor. For more information, see our T&C.
