HOVR (New Horizon Aircraft) Float Percentage Of Total Shares Outstanding: 86.97% (As of Jul. 03, 2026)


HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.94
! 2 Warning Signs
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What is New Horizon Aircraft Float Percentage Of Total Shares Outstanding?

New Horizon Aircraft HOVR -2.76% 14 Float Percentage Of Total Shares Outstanding is 86.97% as of Jul. 03, 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, New Horizon Aircraft's float shares is 53.71 Mil. New Horizon Aircraft's total shares outstanding is 61.76 Mil. New Horizon Aircraft's float percentage of total shares outstanding is 86.97%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, New Horizon Aircraft's Insider Ownership is 4.76%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, New Horizon Aircraft's Institutional Ownership is 3.04%.

HOVR
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New Horizon Aircraft Ltd HOVR
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

New Horizon Aircraft's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=53.71/61.76
=86.97%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 86.97% mean?
New Horizon Aircraft (HOVR) has a Float Percentage Of Total Shares Outstanding of 86.97% as of Jul. 03, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Float Percentage Of Total Shares Outstanding too high?
New Horizon Aircraft's current Float Percentage Of Total Shares Outstanding is 86.97%. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Float Percentage Of Total Shares Outstanding compare to VWAV and CODA?
New Horizon Aircraft's Float Percentage Of Total Shares Outstanding of 86.97% can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for an Aerospace & Defense company?
A good Float Percentage Of Total Shares Outstanding depends on the Aerospace & Defense industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on New Horizon Aircraft and its competitors. New Horizon Aircraft's current Float Percentage Of Total Shares Outstanding is 86.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Float Percentage Of Total Shares Outstanding of 86.97%. The current Float Percentage Of Total Shares Outstanding is 86.97%. New Horizon Aircraft's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For New Horizon Aircraft (HOVR), the current Float Percentage Of Total Shares Outstanding is 86.97% as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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