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
Phone
857 256 0079
Website
Chart Image
× Enlarged Chart
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

202320222021202020192018201720162015
Operating Activities
Net Income-6.17M10.38M55.48M-2.43M-1.48M-9.16M-6.48M-3.17M-1.05M
Depreciation25.27M20.64M14.69M11.81M17.33M8.13M3.35M1.64M457,803
Deferred Taxes-3.08M-2.82M17.69M
Stock-Based Compensation
Other Non-Cash Items-6.13M14.74M-93.16M509,899
Accounts Receivable-6.55M-1.58M191,448146,390-449,255-2.10M-96,2648,942-286,262
Accounts Payable-265,81892,655155,020
Other Assets & Liabilities-2.53M-2.77M-2.87M-6.18M-921,0042.80M23,541-78,82130,204
Operating Cash Flow806,32338.58M-7.98M3.86M14.48M-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-17.98M32.53M-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 Investments304.48M210.93M1.70B791.82M1.15B817.10M80.70M301,121
Investing Cash Flow-12.39M127.92M-24.67M-169.40M-60.63M-164.76M-110.86M-23.92M-10.72M
Financing Activities
Long-Term Debt Issuance8.13M5.50M18.06M
Long-Term Debt Payments-1.16M-1.50M-1.18M-502,350-3,500
Other Financing Charges-3.42M-108.43M-5.15M2.27M-1.02M-1.61M-961,9535,163
Financing Cash Flow32.94M-109.73M64.64M202.81M49.24M175.63M91.43M41.76M24.72M
Other Cash Details
End Cash Position39.41M54.67M81.69M54.95M16.37M18.14M7.23M29.56M13.19M
Income Tax Paid99,649
Interest Paid1.13M1.17M923,376823,715236,6541,8049,8996,1542,270
Free Cash Flow-35.81M-45.22M-13.24M-3.40M6.80M-3.08M-5.45M-2.19M-938,261
Error: Invalid format in Holders JSON file.
Boston Omaha: Management Can Continue Growing Intrinsic Value Article
Boston Omaha: Management Can Continue Growing Intrinsic Value
Boston Omaha remains undervalued with a $20 price target, driven by strong management and consistent cash flow across all business segments. Management continues to be a pivotal factor in capital allocation, and their increased communication efforts to shareholders is commendable. General Indemnity Group is the leading performing business, with 96.8% net income YoY growth YTD.
Seeking Alpha Positive
Jan 18, 2025
Boston Omaha Corporation Announces Appointment of David S. Graff to Board of Directors Article
Boston Omaha Corporation Announces Appointment of David S. Graff to Board of Directors
OMAHA, Neb.--(BUSINESS WIRE)--Boston Omaha Corporation (NYSE: BOC) (“Boston Omaha” or the “Company”) today announced the appointment of David S. Graff to the Boston Omaha Corporation Board of Directors, effective immediately. Mr. Graff will serve as Chair of the Audit Committee and a member of the Compensation Committee. "We are thrilled to welcome David Graff as a member of the Board of Directors of Boston Omaha," said Adam K. Peterson, chairman and chief executive officer of Boston Omaha. "Da.
Business Wire Neutral
Jan 17, 2025
Boston Omaha Corporation Announces Bradford Briner's Resignation from Boston Omaha's Board of Directors Following His Election as Treasurer of the State of North Carolina Article
Boston Omaha Corporation Announces Bradford Briner's Resignation from Boston Omaha's Board of Directors Following His Election as Treasurer of the State of North Carolina
OMAHA, Neb.--(BUSINESS WIRE)--Boston Omaha Corporation (NYSE: BOC) (the “Company”) announced today that Bradford B. Briner will resign from the Company's Board of Directors, effective December 31, 2024 as he assumes the position of Treasurer of the State of North Carolina effective January 1, 2025. Mr. Briner was elected by the citizens of North Carolina to the position of Treasurer in the November 2024 general election. Adam K. Peterson, the Company's President and Chief Executive Officer, not.
Business Wire Neutral
Dec 26, 2024
Scroll to Top

Markets

Crypto

how to invest

Who we are