Boston Omaha Corporation
Description
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc. and changed its name to Boston Omaha Corporation in March 2015. Boston Omaha Corporation was incorporated in 2009 and is headquartered in Omaha, Nebraska.
About
CEO
Mr. Adam Kenneth Peterson
Employees
439
Instrument type
Common Stock
Sector
Industrials
Industry
Conglomerates
MIC code
XNYS
Address
1601 Dodge Street, Omaha, NE 68102, United States
×
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 11, 2025 | — | — | — | — |
| Aug 11, 2025 | — | — | — | — |
| May 12, 2025 | — | — | — | — |
| Mar 25, 2025 | — | — | — | — |
| Nov 13, 2024 | -0.01 | -0.05 | -0.04 | 400.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 0 | — | 1 |
| Average estimate | — | 0.00 | — | -0.01 |
| Low estimate | — | 0.00 | — | -0.01 |
| High estimate | — | 0.00 | — | -0.01 |
| Last year EPS | — | -0.09 | — | -0.21 |
[stock_revenue_estimate]
Growth estimates
Current qtr
100.000%
Next qtr. (Mar 2025)
—
Current year
8.700%
Next year (Dec 2025)
95.240%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Sep 19, 2024 |
Wells Fargo
Steven Cahall
|
Downgrade | Equal-Weight | ▼ Lowers $17 → $15 |
| Aug 21, 2024 |
TD Cowen
Lance Vitanza
|
Maintains | Buy | ▼ Lowers $30 → $28 |
| May 20, 2024 |
Wells Fargo
Andrew Nowinski
|
Maintains | Overweight | ▼ Lowers $23 → $17 |
| Apr 2, 2024 |
TD Cowen
Lance Vitanza
|
Maintains | Buy | ▼ Lowers $35 → $30 |
| Aug 29, 2023 |
TD Cowen
Lance Vitanza
|
Maintains | Outperform | ▼ Lowers $40.5 → $35 |
| Aug 25, 2023 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▼ Lowers $28 → $25 |
| May 24, 2023 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▼ Lowers $31 → $28 |
| May 18, 2023 |
TD Cowen
Jeffrey Osborne
|
Maintains | Outperform | ▼ Lowers $41.5 → $40.5 |
| Mar 31, 2023 |
TD Cowen
Jeffrey Osborne
|
Maintains | Outperform | ▲ Raises $40 → $41.5 |
| Mar 29, 2023 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▼ Lowers $34 → $31 |
| Nov 1, 2022 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▲ Raises $27 → $34 |
| May 25, 2022 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▼ Lowers $33 → $27 |
| Apr 12, 2022 |
Wells Fargo
Steven Cahall
|
Maintains | Overweight | ▼ Lowers $39 → $33 |
| Jun 5, 2020 |
Wells Fargo
|
Initiates | Overweight | — |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 96.25M | 81.23M | 56.97M | 45.74M | 41.39M |
| Cost of revenue | 31.90M | 26.69M | 18.59M | 18.51M | 17.61M |
| Gross profit | 64.35M | 54.54M | 38.38M | 27.23M | 23.78M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 53.34M | 44.51M | 51.71M | 24.20M | 21.96M |
| Other operating expenses | 216,501 | 206,359 | 134,360 | 140,704 | 134,992 |
| Operating income | -8.77M | -5.29M | -23.59M | -4.80M | -11.89M |
| Non operating interest income | |||||
| Income | 2.61M | 434,941 | 676,618 | 1.66M | 3.20M |
| Expense | 1.15M | 1.21M | 956,050 | 841,828 | 302,749 |
| Other income expense | -1.84M | 13.94M | 97.72M | 1.55M | 7.51M |
| Pretax income | -9.15M | 7.87M | 73.17M | -2.43M | -1.48M |
| Tax provision | -2.98M | -2.50M | 17.69M | — | — |
| Net income | -6.17M | 10.38M | 55.48M | -2.43M | -1.48M |
| Basic EPS | -0.23 | 0.34 | 1.82 | 0.00 | -0.07 |
| Diluted EPS | -0.23 | 0.34 | 1.82 | 0.00 | -0.07 |
| Basic average shares | 31.09M | 29.70M | 28.98M | 25.68M | 22.78M |
| Diluted average shares | 31.09M | 29.70M | 28.98M | 25.68M | 22.78M |
| EBITDA | 11.22M | 18.49M | -8.02M | 14.25M | 9.12M |
| Net income from continuing op. | -6.17M | 10.38M | 55.48M | -2.43M | -1.48M |
| Minority interests | -836,284 | -145,716 | -2.73M | 2.38M | -5,658 |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 768.21M | 687.80M | 807.05M | 640.71M | 436.91M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 21.95M | 25.49M | 72.51M | 44.67M | 16.03M |
| Other short term investments | 74.08M | 48.58M | 162.89M | 108.86M | 137.86M |
| Accounts receivable | 12.14M | 5.83M | 4.47M | 4.04M | 4.19M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | 5.57M | 4.69M | 2.86M | 2.20M | 1.42M |
| Restricted cash | 17.47M | 29.17M | 147.95M | 149.00M | 2.20M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 225.11M | 178.52M | 137.98M | 107.07M | 94.57M |
| Land and improvements | 583,892 | 14.32M | 7.04M | 359,692 | — |
| Machinery furniture equipment | 16.08M | 11.66M | 8.43M | 4.67M | 2.24M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -36.11M | -24.19M | -15.73M | -10.38M | -6.73M |
| Goodwill | 430.29M | 427.27M | 348.03M | 293.27M | 244.82M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | 4.79M | — |
| Intangible assets | 65.53M | 68.34M | 45.35M | 44.37M | 32.27M |
| Investments and advances | 181.35M | 144.36M | 80.98M | 40.36M | 43.41M |
| Other non current assets | 1.89M | 1.37M | 969,249 | 757,883 | 2.71M |
| Total liabilities | 151.75M | 158.06M | 166.46M | 114.11M | 89.94M |
| Current liabilities | |||||
| Accounts payable | 18.44M | 10.96M | 25.27M | 6.83M | 5.68M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | 5.90M | 6.75M | 6.07M | 5.64M | 4.31M |
| Deferred revenue | 12.33M | 9.69M | 7.12M | 5.87M | 9.43M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 14.10M | 21.36M | 9.19M | 10.01M | 1.86M |
| Non current liabilities | |||||
| Long term debt | 82.96M | 86.24M | 84.54M | 69.36M | 65.76M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 12.11M | 14.94M | 17.75M | 57,000 | 57,000 |
| Derivative product liabilities | — | — | 5.58M | 8.43M | — |
| Other non current liabilities | 1.50M | 335,828 | 1.40M | 116,104 | 398,750 |
| Shareholders equity | |||||
| Common stock | 31,312 | 29,707 | 29,699 | 27,232 | 23,511 |
| Retained earnings | 15.67M | 22.67M | 12.44M | -42.67M | -21.81M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 616.45M | 529.74M | 640.60M | 526.59M | 346.97M |
| Additional paid in capital | 522.51M | 483.92M | 483.86M | 424.20M | 367.03M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 78.24M | 23.12M | 144.27M | 145.03M | 1.73M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | -6.17M | 10.38M | 55.48M | -2.43M | -1.48M | -9.16M | -6.48M | -3.17M | -1.05M |
| Depreciation | 25.27M | 20.64M | 14.69M | 11.81M | 17.33M | 8.13M | 3.35M | 1.64M | 457,803 |
| Deferred Taxes | -3.08M | -2.82M | 17.69M | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -6.13M | 14.74M | -93.16M | 509,899 | — | — | — | — | — |
| Accounts Receivable | -6.55M | -1.58M | 191,448 | 146,390 | -449,255 | -2.10M | -96,264 | 8,942 | -286,262 |
| Accounts Payable | — | — | — | — | — | — | -265,818 | 92,655 | 155,020 |
| Other Assets & Liabilities | -2.53M | -2.77M | -2.87M | -6.18M | -921,004 | 2.80M | 23,541 | -78,821 | 30,204 |
| Operating Cash Flow | 806,323 | 38.58M | -7.98M | 3.86M | 14.48M | -335,398 | -3.46M | -1.51M | -690,658 |
| Investing Activities | |||||||||
| Capital Expenditures | — | — | — | -8.57M | -2.81M | -3.12M | -2.27M | -710,974 | -124,905 |
| Net Intangibles | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -17.98M | 32.53M | -96.76M | -39.62M | -9.70M | -135.57M | -12.30M | -22.98M | -10.59M |
| Purchase of Investments | -298.64M | -115.54M | -1.65B | -893.02M | -1.20B | -843.21M | -176.79M | -252,176 | — |
| Sale of Investments | 304.48M | 210.93M | 1.70B | 791.82M | 1.15B | 817.10M | 80.70M | 301,121 | — |
| Investing Cash Flow | -12.39M | 127.92M | -24.67M | -169.40M | -60.63M | -164.76M | -110.86M | -23.92M | -10.72M |
| Financing Activities | |||||||||
| Long-Term Debt Issuance | — | — | 8.13M | 5.50M | 18.06M | — | — | — | — |
| Long-Term Debt Payments | -1.16M | -1.50M | -1.18M | -502,350 | — | — | — | — | -3,500 |
| Other Financing Charges | -3.42M | -108.43M | -5.15M | 2.27M | -1.02M | -1.61M | -961,953 | — | 5,163 |
| Financing Cash Flow | 32.94M | -109.73M | 64.64M | 202.81M | 49.24M | 175.63M | 91.43M | 41.76M | 24.72M |
| Other Cash Details | |||||||||
| End Cash Position | 39.41M | 54.67M | 81.69M | 54.95M | 16.37M | 18.14M | 7.23M | 29.56M | 13.19M |
| Income Tax Paid | 99,649 | — | — | — | — | — | — | — | — |
| Interest Paid | 1.13M | 1.17M | 923,376 | 823,715 | 236,654 | 1,804 | 9,899 | 6,154 | 2,270 |
| Free Cash Flow | -35.81M | -45.22M | -13.24M | -3.40M | 6.80M | -3.08M | -5.45M | -2.19M | -938,261 |
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