Boston Omaha (NYSE:BOC) Posts Earnings Results

Boston Omaha (NYSE:BOC) issued its quarterly earnings data 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 Down 4.9 %

Shares of Boston Omaha stock traded down $0.73 on Friday, reaching $14.08. The stock had a trading volume of 32,054 shares, compared to its average volume of 114,242. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $441.59 million, a P/E ratio of -42.65 and a beta of 0.84. The company has a 50 day moving average price of $14.49 and a 200 day moving average price of $14.64. Boston Omaha has a 1 year low of $12.41 and a 1 year high of $16.29.

Insider Activity at Boston Omaha

In other news, major shareholder Omaha Corp Boston sold 7,035 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was 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 of the company’s stock, valued at approximately $118,492,649.01. This represents a 0.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 107,805 shares of company stock valued at $1,225,778 over the last 90 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.