Boston Omaha (NYSE:BOC) Releases Earnings Results

Boston Omaha (NYSE:BOC) released its quarterly earnings data on Friday. The company reported $0.17 EPS for the quarter, Zacks reports. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%. The company had revenue of $27.93 million for the quarter, compared to analysts’ expectations of $28.00 million.

Boston Omaha Stock Down 3.7 %

BOC opened at $14.26 on Friday. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06. Boston Omaha has a twelve month low of $12.41 and a twelve month high of $16.29. The stock has a market capitalization of $447.33 million, a price-to-earnings ratio of -43.20 and a beta of 0.84. The firm has a 50 day moving average price of $14.48 and a 200-day moving average price of $14.64.

Insider Buying and Selling at Boston Omaha

In other news, major shareholder Omaha Corp Boston sold 9,077 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $12.06, for a total transaction of $109,468.62. Following the completion of the sale, the insider now owns 10,903,830 shares of the company’s stock, valued at $131,500,189.80. This represents a 0.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 107,805 shares of company stock worth $1,225,778. Insiders own 23.33% of the company’s stock.

About Boston Omaha

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.