AIRT - Air T, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
21.90
+0.39 (+1.81%)
At close: 4:00PM EST
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Previous Close21.51
Open21.38
Bid0.00 x 1100
Ask199,999.98 x 3000
Day's Range21.37 - 21.90
52 Week Range12.51 - 24.50
Volume303
Avg. Volume3,981
Market Cap66M
Beta (5Y Monthly)1.34
PE Ratio (TTM)8.49
EPS (TTM)2.58
Earnings DateMay 30, 2019 - May 31, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2013-06-05
1y Target EstN/A
  • ACCESSWIRE

    Air T, Inc. Announces Resignation of Andrew Stumpf, Board Member

    MINNEAPOLIS, MN / ACCESSWIRE / November 26, 2019 / AIR T, INC. (AIRT), a company organized as a portfolio of powerful businesses that operate independently yet interrelatedly, today announced the resignation of Andrew Stumpf, a member of its Board of Directors. On November 23, 2019, Andrew Stumpf, Air T Board Member, informed the Company that he is resigning effective immediately for personal reasons.

  • Air T (NASDAQ:AIRT) Has A Somewhat Strained Balance Sheet
    Simply Wall St.

    Air T (NASDAQ:AIRT) Has A Somewhat Strained Balance Sheet

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • ACCESSWIRE

    Air T, Inc. Reports Second Quarter Fiscal 2020 Results

    DENVER, NC / ACCESSWIRE / November 12, 2019 / Air T, Inc. (AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. Today the Company announced results for its fiscal quarter ended September 30, 2019. On September 30, the Company completed the sale of its wholly-owned subsidiary, Global Aviation Services, LLC ("GAS") to PrimeFlight Aviation Services, Inc. The Company received approximately $20.5 million of total proceeds and can earn an addition $4.0 million in additional consideration if certain performance metrics are achieved by GAS by March 31, 2020.

  • ACCESSWIRE

    Air T, Inc. Announces Record Date, Payment Date and Payment Rate for Distribution on Alpha Income Preferred Securities

    DENVER, NC / ACCESSWIRE / November 5, 2019 / Air T, Inc. (AIRT) ("Air T") announced today the record date, payment date and payment rate for the next quarterly cash distribution on its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP. The distribution payment date will be Friday, November 15, 2019, to holders as of the Record Date of November 14, 2019. This distribution will cover the period from August 27, 2019, the date of the previous distribution, to the payment date of November 15, 2019, and the distribution will be in the amount of $0.0433 per share of AIP.

  • Don’t Buy Air T, Inc. (NASDAQ:AIRT) Until You Understand Its ROCE
    Simply Wall St.

    Don’t Buy Air T, Inc. (NASDAQ:AIRT) Until You Understand Its ROCE

    Today we'll look at Air T, Inc. (NASDAQ:AIRT) and reflect on its potential as an investment. To be precise, we'll...

  • Did You Miss Air T's (NASDAQ:AIRT) 70% Share Price Gain?
    Simply Wall St.

    Did You Miss Air T's (NASDAQ:AIRT) 70% Share Price Gain?

    Air T, Inc. (NASDAQ:AIRT) shareholders might be concerned after seeing the share price drop 22% in the last quarter...

  • Does Air T, Inc. (NASDAQ:AIRT) Create Value For Shareholders?
    Simply Wall St.

    Does Air T, Inc. (NASDAQ:AIRT) Create Value For Shareholders?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • ACCESSWIRE

    Air T, Inc. Announces Record Date, Payment Date and Payment Rate for Initial Distribution on Alpha Income Preferred Securities

    DENVER, NC / ACCESSWIRE / August 16, 2019 / Air T, Inc. (AIRT) ("Air T") announced today the record date, payment date and payment rate for the initial quarterly cash on its Alpha Income Preferred (AIP) securities (NASDAQ:AIRTP), which provide for distributions at the rate of 8.0% per annum on the stated value of $2.50 per share of AIP. The distribution payment date will be Tuesday, August 27, 2019, to holders as of the Record Date of August 26, 2019. This initial distribution will cover the period from June 10, 2019, the date of initial issuance, to the payment date of August 27, 2019, and the distribution will be in the amount of $0.0433 per share of AIP.

  • ACCESSWIRE

    Air T, Inc. Reports First Quarter Fiscal 2020 Results

    DENVER, NC, / ACCESSWIRE / August 14, 2019 / Air T, Inc. (NASDAQ:AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo ...

  • Does The Air T, Inc. (NASDAQ:AIRT) Share Price Tend To Follow The Market?
    Simply Wall St.

    Does The Air T, Inc. (NASDAQ:AIRT) Share Price Tend To Follow The Market?

    If you're interested in Air T, Inc. (NASDAQ:AIRT), then you might want to consider its beta (a measure of share price...

  • ACCESSWIRE

    Air T, Inc. Releases Investor Presentation

    MINNEAPOLIS, MN and DENVER, NC / ACCESSWIRE / July 9, 2019 / Air T, Inc., (NASDAQ: AIRT), an allocator that owns a portfolio of operating businesses and financial assets, today announced that it has released ...

  • ACCESSWIRE

    Air T, Inc. Announces Fiscal 2019 Earnings

    DENVER, NC / ACCESSWIRE / June 28, 2019 / Air T, Inc. (NASDAQ: AIRT) is a holding company with a portfolio of operating businesses and financial assets. These operating businesses include overnight air ...

  • PR Newswire

    Air T, Inc. Names Brian Ochocki as CFO

    Air T Chairman and CEO, Nick Swenson, commented, "We are excited to welcome Brian Ochocki to Air T. He will expand the capabilities of our senior leadership team while helping us pursue continuous improvement and growth. Brian is a seasoned executive with an impressive background, including broad finance and operations experience across multiple industries. Brian Ochocki commented: "I am looking forward to joining the Air T organization to contribute to its mission of creating long-term shareholder value.

  • Is Air T, Inc.'s (NASDAQ:AIRT) CEO Being Overpaid?
    Simply Wall St.

    Is Air T, Inc.'s (NASDAQ:AIRT) CEO Being Overpaid?

    In 2014 Nick Swenson was appointed CEO of Air T, Inc. (NASDAQ:AIRT). First, this article will compare CEO compensation...

  • PR Newswire

    Air T, Inc. Announces Final Distribution Date and Ratios for Alpha Income Preferred Securities and Warrants and 50% Common Stock Dividend

    DENVER, N.C., June 10, 2019 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) ("Air T") announced today the final distribution date and distribution ratios for its previously announced issuance and distribution of (1) $4 million in face value of Alpha Income Preferred (AIP), a new 8% fixed income trust preferred security, and (2) warrants to purchase up to an additional $21 million in face value of AIP at an exercise price equal to 96% of face value.  The distribution date will be Monday, June 10, 2019, and the AIP and warrants will be distributed pro rata to existing holders of Air T common stock as of the Record Date of June 4, 2019. For each share of Air T common stock held on the Record Date, Air T will distribute 0.792161 shares of AIP and 4.158844 warrants.

  • GlobeNewswire

    Air T, Inc. Announces Record Date and Proposed Distribution Date for Distribution of Alpha Income Preferred Securities and Warrants to Holders of its Common Stock and 50% Common Stock Dividend

    Air T, Inc. (NASDAQ: AIRT) ("Air T") announced today the record date and proposed distribution date for its issuance and distribution of $4 million in face value of a new 8% fixed income security, Alpha Income Preferred (AIP), pro rata to existing holders of Air T common stock. The record date for the distribution (the “Record Date”) will be Tuesday, June 4, 2019, and the proposed distribution date will be Friday, June 7, 2019 at 5:00 p.m. Eastern time. The 8% AIP will be preferred securities of Air T Funding, a subsidiary trust formed by Air T. Concurrently, Air T stockholders as of the Record Date will also receive warrants (the “Warrants”) to purchase up to an additional $21 million in face value of 8% AIP at an exercise price equal to 96% of face value, exercisable for up to one year.

  • Is Air T, Inc. (NASDAQ:AIRT) Struggling With Its 5.4% Return On Capital Employed?
    Simply Wall St.

    Is Air T, Inc. (NASDAQ:AIRT) Struggling With Its 5.4% Return On Capital Employed?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Can You Imagine How Chuffed Air T's (NASDAQ:AIRT) Shareholders Feel About Its 133% Share Price Gain?
    Simply Wall St.

    Can You Imagine How Chuffed Air T's (NASDAQ:AIRT) Shareholders Feel About Its 133% Share Price Gain?

    When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your money. But when you pick a company that is really flourishing, you can make more than 100%. One gre...

  • PR Newswire

    Air T, Inc. Announces Resignation Of Brett Reynolds, Chief Financial Officer

    DENVER, N.C., March 28, 2019 /PRNewswire/ -- AIR T, INC. (AIRT), a diversified holding company organized as a portfolio of powerful businesses and financial assets that operate independently yet interrelatedly, today announced the resignation of Brett Reynolds, its Chief Financial Officer. On March 25, 2019, Brett Reynolds, Air T Senior Vice President and Chief Financial Officer, informed the Company that he expects to resign his employment with the Company on or about April 12, 2019 to accept a position at another company. Said Mr. Reynolds, "As a long-time medical device industry veteran, I have an opportunity to return to the medical device industry as the CFO of a US-based company that is a leader in laser micro manufacturing for the life sciences, and which was recently acquired by a private equity firm as a platform for an acquisition-driven strategy.  As I was intending to remain with Air T for the long term, it is with mixed feelings that I make this decision.

  • Air T, Inc. (NASDAQ:AIRT) Insiders Increased Their Holdings
    Simply Wall St.

    Air T, Inc. (NASDAQ:AIRT) Insiders Increased Their Holdings

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mentionRead More...

  • PR Newswire

    Air T, Inc. Reports Third Quarter Fiscal 2019 Results

    DENVER, N.C. , Feb. 14, 2019 /PRNewswire/ -- Air T, Inc. (NASDAQ: AIRT) is organized as a portfolio of powerful businesses, each of which is independent yet interrelated. These include overnight air cargo ...

  • Should You Worry About Air T, Inc.’s (NASDAQ:AIRT) ROCE?
    Simply Wall St.

    Should You Worry About Air T, Inc.’s (NASDAQ:AIRT) ROCE?

    Today we'll look at Air T, Inc. (NASDAQ:AIRT) and reflect on its potential as an investment. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give Read More...

  • Does Air T, Inc. (NASDAQ:AIRT) Have A Particularly Volatile Share Price?
    Simply Wall St.

    Does Air T, Inc. (NASDAQ:AIRT) Have A Particularly Volatile Share Price?

    Anyone researching Air T, Inc. (NASDAQ:AIRT) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there Read More...