Boston Omaha (NYSE:BOC) Releases Quarterly Earnings Results

Boston Omaha (NYSE:BOC) announced its earnings results on Friday. The company reported $0.17 earnings per share for the quarter, Zacks reports. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%.

Boston Omaha Stock Performance

NYSE:BOC opened at $14.26 on Friday. The company has a 50-day moving average of $14.48 and a 200-day moving average of $14.64. The firm has a market cap of $447.33 million, a price-to-earnings ratio of -43.20 and a beta of 0.84. The company has a current ratio of 2.09, a quick 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.

Insider Activity at Boston Omaha

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 7,035 shares of Boston Omaha stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $11.07, for a total transaction of $77,877.45. Following the transaction, the insider now directly owns 10,703,943 shares in the company, valued at approximately $118,492,649.01. The trade was a 0.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 107,805 shares of company stock valued at $1,225,778 over the last ninety days. Insiders own 23.33% of the company’s stock.

Boston Omaha Company Profile

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.