Boston Omaha Corporation BOC

13.47 0.04 0.30% as of 25 Sep
Market cap
$404.6M
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 2.54
Total sells 1.37
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 3 — — — — 2 — — — —
Sell — — — — — — — — — — — 1
Insider Ownership 7.11%

Capital & Financial Ratios

Market Cap 404.60
Revenue 115.42
Net Income (15.67)
Free Cash Flow (5.71)
Net Debt 11.18
Current Ratio 2.05
Debt/Equity 0.09
P/E ratio 0.00
P/S ratio 3.55
P/B ratio 0.80
Past 5Y EPS Growth 8.89%
This Y EPS Growth 80.00%
Next Y EPS Growth 75.00%
Next 5Y EPS Growth 13.28%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 99 90 83 36
Receivables 12 12 16 5
Inventory — — — —
Other 14 10 14 80
131 117 119 125
2023 2024 2025 Q'26
Payables 18 16 14 8
ST’ Debt 1 1 2 2
Other 14 16 20 41
51 55 60 61
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 65.93% 20.12% 12.08%
Cash Flow 0.00% 28.11% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 36.72% 7.04% 1.41%

Revenue

Mar Jun Sep Dec Year
’26 28 22 — — —
’25 28 22 29 36 114
’24 26 27 28 28 108
’23 23 24 25 25 96
’22 16 21 21 23 81
’21 13 14 14 15 57
’20 11 11 12 11 46
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 4 6 — — —
’25 3 6 4 6 18
’24 2 5 5 9 21
’23 1 3 8 4 16
’22 (16) 1 5 4 (5)
’21 4 1 1 1 8
’20 0 1 2 2 5
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (3) 1 — — —
’25 (4) (2) (2) (3) (10)
’24 (6) (4) (1) 1 (11)
’23 (7) (10) (14) (5) (36)
’22 (22) (7) (11) (5) (45)
’21 1 (3) (3) (8) (13)
’20 (1) (2) 0 (1) (3)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.07) (0.05) — — —
’25 (0.02) (0.07) (0.08) (0.22) (0.40)
’24 (0.09) (0.07) (0.05) 0.17 (0.04)
’23 (0.11) 0.05 (0.05) (0.12) (0.23)
’22 0.55 (0.39) (0.05) 0.22 0.35
’21 3.09 0.29 (0.89) (0.50) 1.82
’20 (1.05) 0.14 0.13 0.73 0.02
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
15.00 12.15 19.45 18.44 13.05 24.42 18.68 13.55 12.41 11.30

Analyst estimates 2026–2028

Powerpack
Low Price
15.00 35.49 33.88 28.00 27.93 49.92 30.94 28.69 16.99 15.75
High Price
36 86 138 138 217 256 440 463 452 422
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
4 9 20 41 46 57 81 96 108 114
Revenue
21.27% 12.91% 19.13% 28.59% 31.03% 7.26% 34.72% 33.03% 33.05% 35.87%
Gross Margin
(3) (6) (9) (1) (2) 73 8 (9) 3 (18)
EBT
(82.57%) (71.88%) (45.75%) (3.58%) (5.31%) 128.44% 9.69% (9.50%) 2.86% (16.07%)
EBT Margin
(3) (6) (9) (1) (2) 55 10 (6) 3 (18)
Net Income
2 3 8 17 12 15 21 25 27 29
Depreciation
0.64 0.83 1.00 1.82 1.78 1.97 2.74 3.10 3.44 3.64
Revenue/Sh
(0.53) (0.60) (0.46) (0.07) 0.02 1.82 0.35 (0.23) (0.04) (0.40)
Earnings/Sh
(0.25) (0.29) 0.00 0.42 0.20 0.27 (0.17) 0.52 0.67 0.57
Cash Flow/Sh
(0.12) (0.21) (0.15) (0.12) (0.33) (0.72) (1.35) (1.67) (1.02) (0.89)
Capex/Sh
(0.36) (0.50) (0.15) 0.30 (0.13) (0.46) (1.52) (1.15) (0.35) (0.32)
Free CF/Sh
10.29 13.60 15.81 15.16 14.86 17.13 17.31 19.32 17.87 17.06
Book Value/Sh
6 11 20 23 26 29 30 31 31 31
Shares
0.00 0.00 0.00 0.00 0.00 14.44 77.08 0.00 0.00 0.00
PE Ratio
23.59 35.27 23.30 11.58 15.52 14.61 9.33 5.14 4.12 3.40
PS Ratio
1.46 2.16 1.48 1.39 1.86 1.68 1.47 0.82 0.79 0.72
PB Ratio
15.55 25.08 17.75 8.29 9.63 8.57 8.67 4.39 3.66 3.43
EV/Sales
(27.26) (41.47) (116.86) 50.12 (129.59) (36.89) (15.57) (11.79) (36.19) (39.11)
EV/FCF
(1) (3) 0 10 5 8 (5) 16 21 18
Op' Cash Flow
(1) (2) (3) (3) (9) (21) (40) (52) (32) (28)
Capex
(2) (5) (3) 7 (3) (13) (45) (36) (11) (10)
FCF
29 89 106 140 295 337 61 80 63 59
Working Cap'
0 — — 18 23 30 28 27 40 49
Total Debt
(31) (92) (111) (136) (269) (344) (54) (72) (50) (34)
Net Debt
62 147 315 345 382 496 514 601 563 536
Sh' Equity
(7.10%) (5.90%) (3.75%) (0.39%) (0.01%) 7.29% 1.37% (0.96%) (0.17%) (1.72%)
ROA
(6.26%) (7.67%) (3.76%) (3.71%) (2.78%) (9.76%) (0.71%) (1.05%) (1.03%) (0.49%)
ROIC
(7.41%) (6.18%) (3.94%) (0.45%) (0.01%) 12.02% 2.03% (1.26%) (0.22%) (2.26%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Boston Omaha Corporation peers in Conglomerates

All 28 Conglomerates stocks →

Boston Omaha Corporation (BOC) key facts

  • Boston Omaha Corporation (BOC) is a Conglomerates company in the Industrials sector, listed on the New York Stock Exchange.
  • Boston Omaha Corporation’s revenue for fiscal 2025 (year ended December 2025) was $114.4 million, up 5.64% from fiscal 2024.
  • Boston Omaha Corporation reported a net loss of $18.3 million, or a loss of $0.40 per share, for fiscal 2025.
  • As of September 25, 2026, BOC traded at $13.47, a market capitalization of $404.6 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 3.6× sales.
  • Return on equity was −2.26% and debt-to-equity 0.09.

Source: company filings (standardised) and stockrow calculations.

Boston Omaha Corporation (BOC) Latest News

News by impact score

Fine-tune

17 Sep

3

Boston Omaha authorizes a $30 million share buyback, raising questions on whether cash reserves suffice ahead of an insurance sale completion. Buyback signals capital return to shareholders with possible short-term sentiment effects but limited fundamental change to operations or trajectory.

13 Aug

4

Boston Omaha Corporation reported its Q2 earnings, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to strategic investments and operational efficiencies. Management expressed optimism about future performance, citing ongoing projects and market opportunities. The earnings report reflects a positive trajectory for BOC, with expectations for continued expansion. The earnings report indicates significant growth and strategic investments that could alter the company's trajectory and investor sentiment.

4

Boston Omaha Corporation reported its financial results for the second quarter of 2025, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to strategic investments and operational efficiencies. Management expressed optimism about future performance and ongoing projects, indicating a strong outlook for the remainder of the fiscal year. The financial results indicate significant growth and strategic moves that could alter the company's trajectory and investor sentiment.

3

Boston Omaha Corporation released its second quarter 2026 financial results. Quarterly earnings releases can shift investor views and near-term stock movement for Boston Omaha Corporation.

29 May

3

AM Best comments on credit ratings of CopperPoint Insurance Company and subsidiaries after announced acquisition of United Casualty and Surety Insurance Company. Acquisition and related ratings review may moderately affect BOC insurance operations and market position.

3

AM Best placed credit ratings of United Casualty and Surety Insurance Company under review with positive implications. Positive credit rating review on BOC insurance subsidiary signals improved financial stability and may lift segment valuation.

18 May

4

Boston Omaha Corporation has signed a definitive agreement to sell its General Indemnity Surety Insurance Unit to CopperPoint Insurance Company. Divestiture of surety insurance unit marks major strategic move that will reshape operations and financial position.

3

CopperPoint Insurance Companies acquires General Indemnity Group to gain countrywide surety capabilities and platform. Acquisition expands surety operations in insurance segment with moderate effects on overall performance.

14 May

3

Boston Omaha Corporation announced its first quarter 2026 financial results. Quarterly financial results disclosure affects key financial performance metrics and investor sentiment but is routine and balanced by market expectations.

3

Boston Omaha Corporation (BOC) reported its financial results for Q1 2025, showing total revenues of $27.73 million, up from $25.55 million in Q1 2024. Billboard rentals and broadband services contributed positively, while net loss attributable to common stockholders decreased to $669,285 from $2.81 million year-over-year. The company reported a cash inflow from operations of $2.6 million, slightly up from $2.4 million in the previous year. As of March 31, 2025, total unrestricted cash and investments stood at $44.19 million. The investment in Sky Harbour was valued at $92.2 million, with a potential fair value of $182.2 million. Book value per share was $16.95, down from $16.99 at the end of 2024. The financial results indicate moderate improvement, but losses persist, suggesting limited impact on overall trajectory.

30 Mar

4

Boston Omaha Corporation announced full year 2025 financial results. Full-year financial results announcement significantly influences investor sentiment, stock valuation, and future performance trajectory.

3

Boston Omaha Corporation released Q4 earnings snapshot showing key financial results for the quarter. Q4 earnings directly impact financial performance and investor sentiment but are routine quarterly updates.

29 Jan

3

Boston Omaha Corporation (BOC) has seen a significant decline in its stock value, losing 66% over the past five years. This downturn raises concerns among investors regarding the company's future performance and market position. Analysts are evaluating the factors contributing to this decline and its implications for BOC's strategic direction. The substantial loss in stock value indicates a moderately noticeable influence on investor sentiment and future performance.

2 Jan

3

Multiple insiders at Boston Omaha Corporation have recently purchased shares of the company's stock, signaling potential confidence in its future performance. This trend of insider buying often indicates positive sentiment regarding the company's prospects and may influence market perception. Insider buying can indicate confidence in the company's future, potentially affecting market sentiment and performance.

10 Dec

3

Boston Omaha Corporation's largest investor has sold all shares due to concerns over the company's future performance and market conditions. The decision was influenced by recent financial results and strategic direction, leading to a reevaluation of the investment's potential. The investor believes that the current trajectory may not align with long-term growth expectations, prompting the sale before the end of 2025. Concerns about financial performance and strategic direction may moderately influence investor sentiment and future operations.

17 Nov

3

Boston Omaha Corporation has announced a $30 million repurchase program for its Class A common stock, aiming to enhance shareholder value and optimize its capital structure. The program reflects the company's confidence in its financial position and growth prospects. The stock repurchase program is expected to positively influence market sentiment and financial performance, but its overall impact may be limited.

13 Nov

4

Boston Omaha Corporation reported its Q3 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company attributed this growth to strong performance in its insurance and outdoor advertising segments. Additionally, management expressed optimism about future prospects, highlighting ongoing investments and strategic initiatives aimed at expanding market presence. Overall, the results exceeded analyst expectations, contributing to positive market sentiment around the stock. The significant revenue growth and positive management outlook indicate a likely substantial impact on future performance and investor sentiment.

4

Boston Omaha Corporation reported its financial results for the third quarter of 2025, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to strategic investments and operational efficiencies. Additionally, management provided an optimistic outlook for the upcoming quarters, emphasizing continued expansion in key markets and potential new ventures. The results reflect a strong performance that positions Boston Omaha favorably within its industry. The financial results indicate significant growth and strategic positioning that could alter the company's trajectory and investor sentiment.

14 Oct

4

Boston Omaha Corporation (BOC) has garnered significant interest from institutional investors, holding a 42% stake in the company. This level of investment indicates confidence in BOC's future prospects and potential for growth, reflecting a positive sentiment among major financial players. The substantial institutional stake suggests a significant shift in investor sentiment and confidence in BOC's strategic direction.

28 Jul

4

Boston Omaha Corporation (BOC) is highlighted as an undervalued investment opportunity in the US market for July 2025, showcasing its potential for growth and profitability. Analysts point to the company's strategic investments and diversified portfolio as key factors contributing to its favorable outlook. The article emphasizes BOC's unique position in the market, suggesting that it remains largely undiscovered by mainstream investors, which could lead to significant upside as awareness increases. Strategic investments and market positioning indicate a significant potential for future growth and investor interest.

3

Boston Omaha Corporation (NYSE:BOC) has seen its share price decline by 44% over the past three years, significantly underperforming the market's 60% return. Recent performance has been poor, with a 12% drop in the last 90 days and a total loss of 4.6% over the past year. Despite a respectable revenue growth rate of 18% per year, the market sentiment remains negative. The CEO's modest remuneration is noted, but concerns about the company's ability to grow earnings persist. Investors are advised to consider the company's fundamentals before making decisions. Revenue growth is solid, but ongoing share price decline indicates market skepticism about future earnings potential.

16 May

3

Boston Omaha Corporation (NYSE:BOC) reported a first quarter 2025 net loss of US$669.3k, a 76% improvement from the previous year, with a loss per share of US$0.021 compared to US$0.09 in 1Q 2024. Revenue increased by 8.5% to US$27.7 million. The company forecasts an average revenue growth of 7.0% per annum over the next two years, outpacing the US Media industry's 2.9% growth forecast. However, shares have declined by 6.0% in the past week. The financial improvements and revenue growth forecast indicate a moderately noticeable influence on future performance.

7 May

3

Institutional investors hold a significant 39% stake in Boston Omaha Corporation (BOC), indicating their trading decisions could impact the stock price. The top 9 shareholders control over 51% of the company, with hedge funds owning 20%. CEO Adam Peterson holds 1.9% of shares. While institutional ownership suggests confidence in the company's future, large sell-offs by these investors could lead to price drops. Insiders own $20 million worth of shares, showing some alignment with shareholder interests. The general public holds 29%, which may not be enough to influence company policy. Private equity firms own 7.8%, potentially impacting board decisions. A warning sign about Boston Omaha has been identified, and further analysis is encouraged. Institutional ownership and potential sell-off risks could moderately influence Boston Omaha's market performance.

31 Mar

4

Boston Omaha Corporation (BOC) reported solid revenue growth in 2024 despite a minor net loss due to a one-time severance expense. The company’s core segments, including billboards, broadband, and insurance, showed strong performance, with significant revenue increases and improved cash flow generation. BOC's diversified holdings and strategic investments position it well for future growth, particularly in broadband and insurance. The stock is trading below book value, suggesting potential for share repurchases to enhance intrinsic value. Management's confidence in the business trajectory is reflected in its decision to delay the 2025 annual meeting, indicating expectations for improved profitability and growth metrics. Strong revenue growth across core segments and strategic investments indicate significant future performance potential.

28 Mar

4

Boston Omaha Corporation reported its full year 2024 financial results, highlighting significant growth in revenue and net income compared to the previous year. The company attributed this success to strategic investments and operational efficiencies. Additionally, management provided an optimistic outlook for future performance, emphasizing ongoing initiatives aimed at expanding market presence and enhancing shareholder value. The financial results indicate significant growth and strategic initiatives that could alter the company's trajectory and investor sentiment.

24 Mar

4

Insiders at Boston Omaha Corporation (BOC) have made bullish bets totaling US$1.39 million, indicating strong confidence in the company's future performance. This significant investment by insiders suggests they anticipate positive developments ahead, potentially influencing market sentiment and investor interest in BOC. Insider investments of this magnitude typically signal strong confidence in the company's future prospects, which can significantly impact market perception and performance.

24 Feb

4

Boston Omaha Corporation (BOC) is experiencing a significant decline from its 2021 highs, attributed to the departure of co-CEO Alex Rozek. Under new CEO Adam Peterson, the focus is on optimizing existing business units, particularly in the billboard and insurance segments. Link Media, the largest segment, generates cash flow, while the broadband segment faces challenges but has potential for future growth. Valuation estimates suggest BOC is undervalued, with a fair value of $492.7 million compared to a market cap of $458.37 million. Despite uncertainties, the company is positioned for long-term growth, though it is not among the most popular stocks among hedge funds. The shift in management focus and potential for improved performance in key segments could significantly alter the company's trajectory.

18 Feb

3

Boston Omaha Corporation (NYSE:BOC) shareholders have experienced a 40% decline in share price over the past three years, significantly underperforming the market's 43% return. Despite a 22% annual revenue growth during this period, the share price has decreased by 12% per year. Insiders have made significant purchases recently, but longer-term shareholders have seen a 4% loss over five years. Analysts suggest that improvements in key metrics are needed for renewed investor enthusiasm. Revenue growth is strong, but the significant drop in share price and ongoing losses indicate a limited positive impact on future performance.

17 Jan

3

Boston Omaha Corporation has appointed David S. Graff to its Board of Directors, expanding its leadership team. Graff brings extensive experience in finance and investment, which is expected to enhance the company's strategic direction and governance. The appointment of a new board member with relevant experience may moderately influence the company's strategic decisions and governance.

30 Nov

4

Boston Omaha Corporation (BOC) reported steady revenue growth in Q3 2024, with a net loss attributed to non-cash charges and accounting complexities. The company's stock is undervalued based on key financial metrics and potential market recognition of its true worth. The article highlights potential market recognition of BOC's undervaluation and the company's core businesses showing resilience, indicating a significant impact on future performance.

stockrow.com/BOC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com