Boston Omaha(BOC)

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Boston Omaha: Diamond In The Rough
Seeking Alpha· 2024-09-19 19:54
Boston Omaha (NYSE: BOC ) is invested in a diversified collection of business interests across several industries, including several publicly traded positions that are much easier to value than the wholly owned subsidiary businesses. I believe the intrinsic values Compounding Chef combines a business education background with professional experience in a variety of industries to find opportunities across the investing universe including… Media, Marketing, and Public Relations Travel, Tourism, and Hospitalit ...
All You Need to Know About BOC Hong Kong (BHKLY) Rating Upgrade to Buy
ZACKS· 2024-09-17 17:01
Core Viewpoint - BOC Hong Kong Ltd. has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Impact - Changes in a company's future earnings potential, reflected in earnings estimate revisions, are strongly correlated with near-term stock price movements [4]. - Institutional investors utilize earnings estimates to determine the fair value of a company's shares, influencing their buying and selling decisions, which in turn affects stock prices [4]. Recent Performance and Outlook - BOC Hong Kong is expected to earn $9.31 per share for the fiscal year ending December 2024, representing a year-over-year increase of 17.7% [8]. - Over the past three months, the Zacks Consensus Estimate for BOC Hong Kong has increased by 2.4%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong track record of performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - BOC Hong Kong's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Boston Omaha Finally Gave Investors a Detailed Look at the Business -- Here's What You Need to Know
The Motley Fool· 2024-08-28 15:11
The young holding company is making an effort to improve investor communication. To say that Boston Omaha (BOC 0.14%) has historically been short on investor communication would be an understatement. But the good news is that management is trying to change that, and we recently saw Boston Omaha's first-ever investor presentation. In this video, I'll break down all the important highlights and takeaways. *Stock prices used were the morning prices of Aug. 26, 2024. The video was published on Aug. 27, 2024. ...
Boston Omaha Corporation Just Took 2 Big Steps in the Right Direction
The Motley Fool· 2024-08-15 13:17
I haven't been thrilled with this unique holding company recently, but the latest developments are good news. Boston Omaha Corporation (BOC -1.42%) hasn't exactly made many investors happy in 2024. It pulled the plug on arguably the most exciting part of the business, one of its co-CEOs abruptly left the company, and to call executive compensation of the past few years excessive would be an understatement. However, as I explain in this short video, two big recent news items should make investors smile. *Sto ...
Boston Omaha(BOC) - 2024 Q2 - Quarterly Report
2024-08-13 20:29
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38113 BOSTON OMAHA CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 27-0788438 (State o ...
Boston Omaha: Big Opportunity As Shares Are Still Cheap
Seeking Alpha· 2024-07-31 16:36
Core Viewpoint - Boston Omaha Corporation presents a strong buying opportunity due to revenue growth across all business segments, significant insider buying, a new CEO focused on segment improvement, and a $20 million share buyback program [1][17][18] Business Overview - Boston Omaha operates in four segments: outdoor advertising, broadband services, insurance operations, and asset management [2][3] Revenue Performance - Total revenue for Q1 2024 was $25.55 million, a 12% year-over-year increase from $22.82 million [5] - Revenue growth was observed in all business segments, with billboard rentals generating $10.70 million and broadband services $9.68 million in Q1 2024 [4][5] Financial Indicators - Positive operating cash flow of $2.42 million in Q1 2024, up 77% from $1.37 million in Q1 2023 [6] - Total assets decreased slightly to $757.34 million, a 1.4% decline from Q4 2023 [6] - Book value per share remained stable at $17.10 compared to $17.19 at the end of December 2023 [6] Net Loss Analysis - Net loss attributable to common shareholders was $2.81 million in Q1 2024, an improvement from a $3.32 million loss in Q1 2023 [7] - Increased depreciation and amortization costs by 18% year-over-year, totaling $5.34 million [7] - Employee expenses reached $8.63 million, accounting for 33.8% of total revenues [7] Strategic Initiatives - Focus on expanding broadband services in Arizona, Nevada, Utah, and entering Florida [10] - Plans to enhance the insurance segment by servicing small contractors and businesses [10] - Exploration of digital display technologies in the outdoor advertising segment to improve margins [10] Insider Activity and Share Buyback - Insider buying activity totaled approximately $2.5 million between May and June 2023 [14] - A $20 million share buyback program is set to commence around August 15, 2024, and run through September 30, 2025 [14][18] Conclusion - Boston Omaha is viewed as a compelling buying opportunity due to its diversified operations, revenue growth, and strategic initiatives under new leadership [17][18]
Down 30%, Is Boston Omaha Stock a Buy Now?
The Motley Fool· 2024-06-04 10:03
Core Insights - Boston Omaha Corporation has been compared to an early-stage Berkshire Hathaway, but its performance has not matched the achievements of Warren Buffett's team after 10 years in business [2] Company Performance - The company has shown significant red flags in its business operations, raising concerns about its future prospects [1][2] - Recent developments have prompted discussions about whether the stock represents a good value or if the risks outweigh the potential benefits [2]
BOC Hong Kong (BHKLY) Is a Great Choice for 'Trend' Investors, Here's Why
zacks.com· 2024-05-29 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
Boston Omaha Corporation: Capital Allocation At Its Finest
seekingalpha.com· 2024-05-17 21:15
Image Source/DigitalVision via Getty Images Broadband services refers to "a rural broadband internet provider that serves over 8,000 customers in communities in southern Arizona with a high-speed fixed wireless internet service and is building an all fiber-to-the-home network in select Arizona markets". For 2023, it made up 36.7% of total sales and came in at $35 million. Investment Thesis Surety insurance refers to "an insurance subsidiary, GIG, designed to own and operate insurance businesses generally ha ...
Boston Omaha(BOC) - 2024 Q1 - Quarterly Report
2024-05-14 20:22
Consolidated Statements of Cash Flows (Continued) Unaudited 10 For the Three Months Ended March 31, 2024 and 2023 On April 20, 2016, we completed an acquisition of a surety bond brokerage business. On December 7, 2016, we acquired a fidelity and surety bond insurance company. From 2017 through 2022, we completed four additional acquisitions of surety brokerage businesses. Table of Contents NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES We determine whether an entity is a VIE and, if so, whether it shoul ...