Added to YB: 2026-06-16
Pitch date: 2026-06-07
SKYH [bullish]
Sky Harbour Group Corporation
+2.17%
current return
Author Info
No bio for this author
Company Info
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States.
Market Cap
$317.6M
Pitch Price
$9.20
Price Target
70.00 (+645%)
Dividend
N/A
EV/EBITDA
-159.85
P/E
86.77
EV/Sales
29.41
Sector
Transportation Infrastructure
Category
growth
Sky Harbour: The Ultimate HALO Investment Taking Flight
SKYH: Private aviation infrastructure on irreplaceable airport land fits HALO (Heavy Assets, Low Obsolescence) thesis. 4-pillar moat: FAA Grant Assurance 22 (50yr ground leases <$1/sqft), 12-14% dev yields, vertical integration, tax-exempt PABs (4.2-6%). 22 airports, breakeven cash flow, $368M resources fully funds next 6 projects. CPI rents w/ 4% floor, 23% re-leasing markup. Conservative $35 fair value, $46 wide-moat case, $70 bull. Possible REIT conversion catalyst (peers 14-26x P/AFFO). GAAP losses obscure asymmetric upside.
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