Added to YB: 2025-04-01
Pitch date: 2025-03-30
BOC [neutral]
Boston Omaha Corporation
-3.97%
current return
Author Info
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Company Info
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States.
Market Cap
$362.0M
Pitch Price
$14.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.32
P/E
-1.2K
EV/Sales
3.55
Sector
Media
Category
growth
Boston Omaha: A Steady Year Behind the Numbers
BOC (earnings update): Solid FY2024 results - billboard rev +5.2% to $45.15M, broadband +10.6% to $39.1M, insurance GWP +40.4%. One-time $4.1M charge impacted earnings. Book value dipped slightly to $16.99/share. Targeting 23 campuses by EOY. Accelerating site acquisitions, focus on premier airports. Management sees strong growth potential and intrinsic value creation despite GAAP metrics.
Read full article (48 min)