Added to YB: 2026-07-28
Pitch date: 2026-07-25
SKYH [bullish]
Sky Harbour Group Corporation
+1.65%
current return
Author Info
Barton Springs Investing is the investing journal of Alex Bossert, the Founder and Portfolio Manager of Bossert Capital, a private investment firm focused on long-term wealth compounding and is modeled after the 1950’s and 1960’s Buffett Partnership. Sign up for the newsletter.
Company Info
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States.
Market Cap
$351.0M
Pitch Price
$10.29
Price Target
38.20 (+275%)
Dividend
N/A
EV/EBITDA
-165.77
P/E
95.91
EV/Sales
30.50
Sector
Transportation Infrastructure
Category
value
Sky Harbour (SKYH): The 50-Airport Land Grab and the Path to a $38+ Share Price
SKYH: HBO private-jet hangar landlord at ~$10 (~$782M cap). Manufactures scarce airside real estate at ~$244-300/SF vs family offices bidding ~$1,100/SF (~4.2% cap). 22 of 50-airport target secured, ~13% unlevered yield, ~800bps arb via tax-exempt PABs. Stabilized floor $20.29, glide path $38+, Tier-One case $68. Fully funded to double footprint; founder owns ~24% vote. Key risk: leasing velocity across unprecedented delivery wave; 2030-31 refi wall; warrants expire Jan '27.
Read full article (41 min)