Harbor Diversified, Inc. (HRBR) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
Market cap $129M is the value of all shares combined. Beta 1.13: the stock has moved about 13% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerHarbor Diversified, Inc. (HRBR) trades at $2.20. Harbor Diversified, Inc. provides air transportation services and leases flight equipment in the United States. As of December 2021, the company operated a fleet of 64 regional jets. Market cap: $129M, Sector: Industrials.
Price as of Sep 11, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for HRBR: HRBR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HRBR against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
HRBR: 2/2 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Harbor Diversified, Inc. (HRBR) Industrial Operations Profile
Harbor Diversified, Inc. provides air transportation and flight equipment leasing services in the United States, operating a fleet of regional jets. Formerly Harbor BioSciences, the company shifted its focus to the air services sector, positioning itself within the competitive airlines and air services market.
What Is the Investment Thesis for HRBR?
Harbor Diversified operates in the competitive air transportation sector. With a market capitalization of $129M and a negative P/E ratio of -4.00, the company's financial performance requires careful consideration. A negative profit margin of -8.0% and a gross margin of -7.8% indicate potential challenges in profitability. Key catalysts include potential expansion of air transportation routes and increased demand for flight equipment leasing. However, risks include fluctuating fuel costs and economic downturns affecting air travel demand. Investors should closely monitor the company's ability to improve profitability and manage operational costs.
Based on FMP financials and quantitative analysis
HRBR Key Highlights
Market capitalization of $129M indicates a small-cap company.
- Negative P/E ratio of -4.00 reflects current losses and challenges in profitability.
- Profit margin of -8.0% highlights the need for improved cost management and revenue generation.
- Gross margin of -7.8% suggests difficulties in covering the cost of goods and services.
- Beta of 1.13 indicates slightly higher volatility compared to the overall market.
Who Are HRBR's Competitors?
HRBR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| AFGVY Agfa-Gevaert N.V. | $2.29 | 0.00% | $177M | — |
| CEBUY Cebu Air, Inc. | $2.01 | 0.00% | $49.3M | — |
| CHEV Charging Robotics Inc. | $0.47 | 0.00% | $5.29M | — |
| CRKT Cirmaker Technology Corporation | $0.10 | -28.57% | $56.4M | — |
| ESLGF Logistics Development Group plc | $0.23 | 0.00% | $94.1M | — |
| UP Wheels Up Experience Inc. | $3.84 | -1.79% | $139M | — |
| FLYX flyExclusive, Inc. | $1.10 | -3.51% | $88.8M | — |
| ASLE AerSale Corporation | $5.37 | -2.89% | $254M | 395-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HRBR's Key Strengths?
Established presence in the US regional air transportation market.
- Owns and operates a fleet of 64 regional jets.
- Offers flight equipment leasing and financing services.
- Experienced management team with industry knowledge.
What Are HRBR's Weaknesses?
Negative profit margin and gross margin indicate financial challenges.
- High sensitivity to fuel price fluctuations.
- Limited geographic diversification.
- Dependence on regional air travel demand.
What Could Drive HRBR Stock Higher?
Potential expansion of air transportation routes to new regional markets.
- Increased demand for flight equipment leasing services.
- Strategic partnerships with regional airports to enhance operational efficiency.
What Are the Key Risks for HRBR?
Negative return on equity (-13.4%) — the business is not currently generating profit on shareholder capital.
- Fluctuations in fuel prices impacting operational costs.
- Economic downturns reducing air travel demand.
- Increased competition from other airlines and air service providers.
- Regulatory changes and compliance costs affecting profitability.
What Are the Growth Opportunities for HRBR?
- Expansion of Regional Air Transportation Routes: Harbor Diversified can explore expanding its air transportation routes to underserved regional markets. This involves identifying areas with limited air service options and establishing new routes to cater to local demand. The regional air travel market is expected to grow as more people seek convenient travel options within shorter distances. Successful expansion could significantly increase passenger volume and revenue for the company. Timeline: 1-3 years.
- Increased Flight Equipment Leasing Services: Harbor Diversified can focus on expanding its flight equipment leasing services to smaller airlines and aviation businesses. This involves offering flexible leasing options for regional jets and other aircraft. The market for flight equipment leasing is growing as airlines seek to manage capital expenditures and operational costs. By providing competitive leasing terms, Harbor Diversified can attract new customers and generate recurring revenue. Timeline: 1-2 years.
- Strategic Partnerships with Regional Airports: Forming strategic partnerships with regional airports can provide Harbor Diversified with preferential access to airport facilities and services. This includes securing favorable gate slots, reduced landing fees, and collaborative marketing initiatives. By working closely with regional airports, the company can enhance its operational efficiency and improve customer experience. The regional airport sector is focused on attracting more airlines and increasing passenger traffic. Timeline: Ongoing.
- Adoption of Fuel-Efficient Technologies: Investing in fuel-efficient technologies and aircraft can help Harbor Diversified reduce its operational costs and improve its environmental footprint. This includes upgrading its fleet with newer, more fuel-efficient regional jets and implementing fuel-saving operational practices. The aviation industry is under increasing pressure to reduce carbon emissions and improve fuel efficiency. By adopting sustainable technologies, the company can enhance its competitiveness and attract environmentally conscious customers. Timeline: 3-5 years.
- Enhanced Customer Service and Loyalty Programs: Improving customer service and implementing loyalty programs can help Harbor Diversified attract and retain passengers. This includes offering personalized travel experiences, providing seamless booking and check-in processes, and rewarding frequent flyers with exclusive benefits. The air travel market is highly competitive, and customer loyalty is crucial for long-term success. By focusing on customer satisfaction, the company can differentiate itself from competitors and build a strong brand reputation. Timeline: Ongoing.
What Are HRBR's Competitive Advantages?
- Established presence in regional air transportation market.
- Fleet of 64 regional jets provides operational capacity.
- Expertise in flight equipment leasing and financing.
- Strategic partnerships with regional airports.
What Does HRBR Do?
Harbor Diversified, Inc., originally incorporated in 1992 as Harbor BioSciences, Inc., underwent a strategic transformation in February 2012, changing its name and business focus to air transportation services. Headquartered in Appleton, Wisconsin, the company operates primarily in the United States. Harbor Diversified provides air transportation services, catering to regional travel needs. Additionally, the company engages in the leasing and financing of flight equipment, offering comprehensive solutions to airlines and related businesses. As of December 31, 2021, Harbor Diversified owned and operated a fleet of 64 regional jets, facilitating its air transportation services. The company aims to provide reliable and efficient air travel options within its operational network. Harbor Diversified competes with other airlines and air service providers in the United States, striving to maintain a competitive edge through service quality and operational efficiency.
What Products and Services Does HRBR Offer?
- Provides air transportation services within the United States.
- Leases and finances flight equipment to other companies.
- Operates a fleet of 64 regional jets.
- Connects regional markets with air travel options.
- Offers flight equipment solutions to airlines and aviation businesses.
- Focuses on regional air travel and related services.
How Does HRBR Make Money?
- Generates revenue through passenger ticket sales for air transportation services.
- Earns income from leasing and financing flight equipment.
- Manages a fleet of regional jets to provide air travel services.
- Forms partnerships with airports and aviation businesses.
What Industry Does HRBR Operate In?
Harbor Diversified operates within the Airlines, Airports & Air Services industry, a sector characterized by intense competition and sensitivity to economic conditions. The industry is influenced by factors such as fuel prices, regulatory changes, and passenger demand. Competitors include companies like AFGVY, CEBUY, CHEV, CRKT, and ESLGF. The market is seeing increased demand for regional air travel and flight equipment leasing, creating opportunities for companies that can efficiently manage costs and provide reliable services. The global air transport market is projected to grow, driven by increasing passenger numbers and cargo traffic.
Who Are HRBR's Key Customers?
- Regional travelers seeking convenient air transportation options.
- Airlines and aviation businesses requiring flight equipment leasing and financing.
- Passengers traveling to and from regional airports.
- Businesses and individuals needing air travel for work or leisure.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 77 days ago
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 39 |
| 2026-08-26 | 39 |
| 2026-08-29 | 39 |
| 2026-09-01 | 39 |
| 2026-09-04 | 39 |
| 2026-09-07 | 39 |
| 2026-09-10 | 39 |
What changed?
The score has stayed at 39.
Over the same 18 days the stock moved +2.3%.
Company Profile
Harbor Diversified, Inc. operates in the Airlines, Airports & Air Services industry within the Industrials sector. It is headquartered in Appleton, US. The company is led by CEO Christine R. Deister. HRBR has traded publicly since 1997.
Key Financial Metrics
Return on equity for Harbor Diversified, Inc. stands at -13.4%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -24.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 7.51 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -16.7%, the inverse of the P/E and a quick read on earnings relative to price.
HRBR Valuation & Market Position
With a $129M market cap, Harbor Diversified, Inc. sits in the micro-cap segment of the market.
Quarterly Financial Performance: Harbor Diversified, Inc.
Revenue for Harbor Diversified, Inc. came in at $905K during Q3 FY2025, a 70.1% contraction versus the preceding quarter. The company recorded a net loss of $5.1M, with diluted EPS of $-0.09. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Industrials stock should monitor closely. Across the four most recent quarters, HRBR averaged $-1.09 in diluted EPS.
Financial Health
Harbor Diversified, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 7.00 places it in the safe zone, indicating low near-term bankruptcy risk.
Insider Activity
The most recent 9 insider filings for Harbor Diversified, Inc. break down as 0 sales and 9 purchases. On net that is roughly 575K shares acquired (about $511K) — insiders putting money in tends to read as conviction.
HRBR Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Established presence in the US regional air transportation market.
- Owns and operates a fleet of 64 regional jets.
- Offers flight equipment leasing and financing services.
- Experienced management team with industry knowledge.
Bear Case
- Negative profit margin and gross margin indicate financial challenges.
- High sensitivity to fuel price fluctuations.
- Limited geographic diversification.
- Dependence on regional air travel demand.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 FY2025 | $905,000 | -$5M | -$0.09 |
| Q2 FY2025 | $3M | -$16M | -$0.27 |
| Q3 FY2024 | $54M | -$2M | -$3.82 |
| Q2 FY2024 | $47M | -$8M | -$0.18 |
Q3 FY2025 · filed 26 Jun 2026 · SEC EDGAR →
Based on FMP financials and quantitative analysis
HRBR Latest News
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Harbor Diversified Enters Their Post-Airline Era
seekingalpha.com · Aug 21, 2026
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Stocks That Hit 52-Week Lows On Thursday
· Oct 3, 2019
HRBR Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for HRBR.
Price Targets
Wall Street price target analysis for HRBR.
HRBR MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for HRBR; grades run from A+ (80-100) to F (below 30).
Leadership: Christine R. Deister
CEO
Christine R. Deister serves as the CEO of Harbor Diversified, Inc. Her background includes extensive experience in managing and overseeing business operations. She has a proven track record of strategic leadership and financial management. Her expertise spans across various aspects of business development, including operational efficiency and strategic planning. She is responsible for guiding the company's overall direction and ensuring its long-term success.
Track Record: Under Christine R. Deister's leadership, Harbor Diversified has focused on optimizing its air transportation services and expanding its flight equipment leasing business. She has overseen efforts to improve operational efficiency and enhance customer service. Her strategic decisions have aimed to position the company for sustainable growth in the competitive air services market.
HRBR OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Harbor Diversified may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not provide regular financial disclosures. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges like NYSE or NASDAQ due to less stringent regulatory oversight and potential for information asymmetry.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Lower trading volume and liquidity.
- Higher price volatility.
- Potential for fraud or manipulation.
- Less regulatory oversight compared to major exchanges.
- Verify the company's registration and legal standing.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Monitor trading volume and price activity.
- Understand the risks associated with OTC investing.
- Consult with a financial advisor.
- Company has been in operation since 1992.
- Owns and operates a fleet of 64 regional jets.
- Provides air transportation services in the United States.
- CEO is identified and has a professional background.
HRBR Industrials Stock FAQ
Is HRBR a good stock?
Stock Expert AI does not rate HRBR buy, sell or hold. Harbor Diversified, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about HRBR stock?
As of March 17, 2026, there is no readily available analyst consensus on Harbor Diversified, Inc. (HRBR) due to its OTC listing and limited coverage. Key valuation metrics such as the negative P/E ratio of -4.00 and negative profit margin of -8.0% suggest financial challenges.
What are the key factors to evaluate for HRBR?
Evaluate HRBR on fundamentals, analyst consensus, and risk factors. However, risks include fluctuating fuel costs and economic downturns affecting air travel demand. Not financial advice.
How frequently does HRBR data refresh on this page?
HRBR's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.
What has driven HRBR's recent stock price performance?
Harbor Diversified, Inc. (HRBR) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in the US regional air transportation market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HRBR overvalued or undervalued right now?
Harbor Diversified, Inc. (HRBR) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of HRBR?
Yes, most major brokerages offer fractional shares of Harbor Diversified, Inc. (HRBR) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track HRBR's earnings and financial reports?
Harbor Diversified, Inc. (HRBR) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for HRBR earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2021.
- Analyst consensus may be limited due to the company's OTC listing.