Boston Omaha (NYSE:BOC) Posts Quarterly Earnings Results

Boston Omaha (NYSE:BOC) released its earnings results on Friday. The company reported $0.17 EPS 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 Trading Down 4.5 %

Shares of NYSE:BOC traded down $0.67 during mid-day trading on Friday, hitting $14.14. The company had a trading volume of 36,759 shares, compared to its average volume of 144,945. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.09 and a quick ratio of 2.09. Boston Omaha has a one year low of $12.41 and a one year high of $16.29. The firm has a fifty day moving average price of $14.49 and a 200 day moving average price of $14.64. The company has a market capitalization of $443.47 million, a PE ratio of -42.56 and a beta of 0.84.

Insider Buying and Selling

In other news, major shareholder Omaha Corp Boston sold 4,405 shares of the business’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $11.03, for a total transaction of $48,587.15. Following the completion of the sale, the insider now owns 10,721,170 shares in the company, valued at $118,254,505.10. The trade was a 0.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 107,805 shares of company stock valued at $1,225,778 over the last ninety days. 23.33% of the stock is owned by corporate insiders.

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.