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BOC
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Boston Omaha Corp (BOC)

Upturn stock ratingUpturn stock rating
$14.45
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

07/03/2025: BOC (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $20

1 Year Target Price $20

Analysts Price Target For last 52 week
$20 Target price
52w Low $12.41
Current$14.45
52w High $16.2

Analysis of Past Performance

Type Stock
Historic Profit -32.3%
Avg. Invested days 23
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 454.50M USD
Price to earnings Ratio 481.67
1Y Target Price 20
Price to earnings Ratio 481.67
1Y Target Price 20
Volume (30-day avg) 2
Beta 0.98
52 Weeks Range 12.41 - 16.20
Updated Date 07/4/2025
52 Weeks Range 12.41 - 16.20
Updated Date 07/4/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.03

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 0.77%
Operating Margin (TTM) -2.43%

Management Effectiveness

Return on Assets (TTM) -0.55%
Return on Equity (TTM) 0.71%

Valuation

Trailing PE 481.67
Forward PE -
Enterprise Value 490976634
Price to Sales(TTM) 4.11
Enterprise Value 490976634
Price to Sales(TTM) 4.11
Enterprise Value to Revenue 4.45
Enterprise Value to EBITDA 14.02
Shares Outstanding 30872900
Shares Floating 21550320
Shares Outstanding 30872900
Shares Floating 21550320
Percent Insiders 3.87
Percent Institutions 67.36

ai summary icon Upturn AI SWOT

Boston Omaha Corp

stock logo

Company Overview

overview logo History and Background

Boston Omaha Corp. was founded in 2015 by Adam Peterson and Alex Rozek. It focuses on acquiring and growing businesses across various sectors. The company aims to build a diversified holding company reminiscent of early Berkshire Hathaway.

business area logo Core Business Areas

  • Surety Bonding: Offers surety bonds for various industries, focusing on small to medium-sized businesses.
  • Outdoor Advertising: Owns and operates billboard advertising in select markets.
  • Broadband: Provides internet and related services in select rural and suburban areas.
  • Real Estate: Invests in and develops real estate, including single-family homes and commercial properties.

leadership logo Leadership and Structure

Adam Peterson serves as Co-CEO and Co-Chairman, and Alex Rozek serves as Co-CEO and Co-Chairman. The company operates with a decentralized management structure, allowing each business unit to operate with autonomy.

Top Products and Market Share

overview logo Key Offerings

  • Surety Bonds: Provides surety bonds to various industries, particularly construction. They compete with Travelers (TRAV), Chubb (CB), and The Hartford (HIG). Revenue details are not publicly broken down by product.
  • Billboard Advertising: Offers static and digital billboard advertising space. Competitors include Lamar Advertising (LAMR) and Outfront Media (OUT). Revenue details are not publicly broken down by product.
  • Broadband Services: Delivers internet and related services, focusing on underserved markets. Competitors include major telecommunications companies like Verizon (VZ) and AT&T (T), as well as regional internet providers. Revenue details are not publicly broken down by product.

Market Dynamics

industry overview logo Industry Overview

The surety bonding industry is moderately competitive, driven by economic activity and regulatory requirements. The outdoor advertising market is consolidating, with digital billboards gaining prominence. The broadband industry is fiercely competitive, with growing demand for high-speed internet, especially in rural areas. Real estate is highly competitive influenced by economic cycles and regional demographics.

Positioning

Boston Omaha Corp. positions itself as a long-term value investor, focusing on niche markets and building a diversified portfolio of businesses. Their competitive advantage lies in their decentralized management and ability to identify and acquire undervalued assets.

Total Addressable Market (TAM)

The estimated TAM for surety bonding is $10 billion, outdoor advertising is $30 billion, and broadband is $100 billion+. Boston Omaha's positioning is relatively small compared to the TAM, offering growth opportunities in fragmented markets.

Upturn SWOT Analysis

Strengths

  • Diversified business model
  • Strong leadership team
  • Decentralized management structure
  • Focus on long-term value creation
  • Disciplined capital allocation

Weaknesses

  • Relatively small size compared to competitors
  • Limited brand recognition
  • Dependence on key personnel
  • Illiquidity of some investments
  • Execution risk in integrating acquisitions

Opportunities

  • Consolidation opportunities in fragmented industries
  • Growth in demand for high-speed internet in rural areas
  • Expansion into new geographic markets
  • Strategic acquisitions to expand business lines
  • Increasing adoption of digital billboards

Threats

  • Economic downturns impacting business performance
  • Increased competition in key markets
  • Regulatory changes affecting specific industries
  • Rising interest rates impacting real estate investments
  • Technological obsolescence in broadband and outdoor advertising

Competitors and Market Share

competitor logo Key Competitors

  • LAMR
  • OUT
  • VZ
  • T
  • TRAV
  • CB
  • HIG

Competitive Landscape

Boston Omaha faces strong competition from larger, more established players in each of its business segments. Its competitive advantage lies in its niche focus and disciplined capital allocation.

Major Acquisitions

General Indemnity Group

  • Year: 2021
  • Acquisition Price (USD millions): 40.5
  • Strategic Rationale: Expanded Boston Omaha's surety bonding business and geographic reach.

Growth Trajectory and Initiatives

Historical Growth: Boston Omaha has grown through acquisitions and organic expansion of its existing businesses. Its growth has been focused on long-term value appreciation rather than short-term gains.

Future Projections: Future projections are based on analyst estimates and management's expectations for the growth of its various business segments. Broadband and real estate are expected to be key growth drivers.

Recent Initiatives: Recent initiatives include acquisitions in the broadband and surety bonding sectors, expansion of its billboard advertising network, and strategic real estate investments.

Summary

Boston Omaha Corp. is a diversified holding company with businesses across surety bonding, outdoor advertising, broadband, and real estate. Its decentralized management approach and focus on long-term value creation are strengths. However, the company faces challenges due to its relatively small size and intense competition in its various markets. Strategic acquisitions and organic growth in broadband are key to future success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Boston Omaha Corp. SEC filings (10-K, 10-Q)
  • Industry reports
  • Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Financial data should be verified with official company filings.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Boston Omaha Corp

Exchange NYSE
Headquaters Omaha, NE, United States
IPO Launch date 2017-06-16
President, CEO & Chairperson Mr. Adam Kenneth Peterson
Sector Industrials
Industry Conglomerates
Full time employees 407
Full time employees 407

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. The company is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. Boston Omaha Corporation was founded in 2017 and is headquartered in Omaha, Nebraska.