Critical Review: Boston Omaha (NYSE:BOC) vs. FTAI Infrastructure (NASDAQ:FIP)

Boston Omaha (NYSE:BOC) and FTAI Infrastructure (NASDAQ:FIP) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, institutional ownership, profitability, dividends, risk and analyst recommendations.

Profitability

This table compares Boston Omaha and FTAI Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Boston Omaha	-0.21%	-0.04%	-0.03%
FTAI Infrastructure	-41.09%	-75.13%	-3.02%

Institutional and Insider Ownership

60.4% of Boston Omaha shares are held by institutional investors. Comparatively, 87.4% of FTAI Infrastructure shares are held by institutional investors. 23.2% of Boston Omaha shares are held by insiders. Comparatively, 2.4% of FTAI Infrastructure shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Boston Omaha and FTAI Infrastructure”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Boston Omaha	$108.28 million	3.91	-$1.29 million	N/A	N/A
FTAI Infrastructure	$331.50 million	1.62	-$223.65 million	($2.46)	-1.87

Boston Omaha has higher earnings, but lower revenue than FTAI Infrastructure.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Boston Omaha and FTAI Infrastructure, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Boston Omaha	1	0	1	0	2.00
FTAI Infrastructure	1	0	2	0	2.33

Boston Omaha presently has a consensus price target of $25.00, indicating a potential upside of 85.87%. FTAI Infrastructure has a consensus price target of $11.00, indicating a potential upside of 138.87%. Given FTAI Infrastructure’s stronger consensus rating and higher probable upside, analysts clearly believe FTAI Infrastructure is more favorable than Boston Omaha.

Volatility & Risk

Boston Omaha has a beta of 0.7, meaning that its stock price is 30% less volatile than the S&P 500. Comparatively, FTAI Infrastructure has a beta of 1.88, meaning that its stock price is 88% more volatile than the S&P 500.

About Boston Omaha

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. Boston Omaha Corporation was incorporated in 2009 and is headquartered in Omaha, Nebraska.

About FTAI Infrastructure

FTAI Infrastructure Inc. focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition. It operates a multi-modal crude oil and refined products terminal, and other related assets. The company also has a 1,630-acre deep-water port located along the Delaware River with an underground storage cavern, a multipurpose dock, a rail-to-ship transloading system, and multiple industrial development opportunities; and a 1,660-acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities, including a power plant under construction. In addition, it operates six freight railroads and one switching facility. FTAI Infrastructure Inc. was incorporated in 2021 and is headquartered in New York, New York.