BOC

Company Overview — What Does BOSTON OMAHA Corp Do?

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 investment businesses. The company provides high-speed internet service to approximately 7,000 subscribers in communities in southern Arizona; and 10,000 subscribers in Salt Lake City, Park City, Ogden, Provo, and surrounding communities. As of March 25, 2022, it operated approximately 3,900 billboards containing approximately 7,400 advertising faces of which 80 are digital displays. 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. BOSTON OMAHA Corp (BOC) is classified as a small-cap stock in the Real Estate sector. The company is led by CEO Alexander B. Rozek and employs approximately 250 people. With a market capitalization of $367M, BOC is one of the notable companies in the Real Estate sector.

BOSTON OMAHA Corp (BOC) Stock Rating — Hold (April 2026)

As of April 2026, BOSTON OMAHA Corp receives a Hold rating with a composite score of 40.4/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BOC ranks #1,373 out of 4,446 stocks in our coverage universe. Within the Real Estate sector, BOSTON OMAHA Corp ranks #14 of 57 stocks, placing it in the top quartile of its Real Estate peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BOC Stock Price and 52-Week Range

BOSTON OMAHA Corp (BOC) currently trades at $12.47. The stock lost $0.04 (0.3%) in the most recent trading session. The 52-week high for BOC is $15.75, which means the stock is currently trading -20.8% from its annual peak. The 52-week low is $11.30, putting the stock 10.4% above its annual trough. Recent trading volume was 81K shares, suggesting relatively thin trading activity.

Is BOC Overvalued or Undervalued? — Valuation Analysis

BOSTON OMAHA Corp (BOC) carries a value factor score of 33/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.72x, versus the sector average of 1.18x. The price-to-sales ratio is 3.42x, compared to 0.80x for the average Real Estate stock. On an enterprise value basis, BOC trades at 126.72x EV/EBITDA, versus 8.62x for the sector.

At current multiples, BOSTON OMAHA Corp trades at a premium to most Real Estate peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

BOSTON OMAHA Corp Profitability — ROE, Margins, and Quality Score

BOSTON OMAHA Corp (BOC) earns a quality factor score of 51/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -2.4%, compared to the Real Estate sector average of 1.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -1.8% versus the sector average of 0.8%.

On a margin basis, BOSTON OMAHA Corp reports gross margins of 59.1%, compared to 26.0% for the sector. The operating margin is -3.0% (sector: 3.7%). Net profit margin stands at -11.2%, versus 1.8% for the average Real Estate stock. Revenue growth is running at 6.1% on a trailing basis, compared to 6.1% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

BOC Debt, Balance Sheet, and Financial Health

BOSTON OMAHA Corp has a debt-to-equity ratio of 5.0%, compared to the Real Estate sector average of 60.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.98x, suggesting adequate working capital coverage. Total debt on the balance sheet is $26M. Cash and equivalents stand at $37M.

BOC has a beta of 0.39, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for BOSTON OMAHA Corp is 79/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

BOSTON OMAHA Corp Revenue and Earnings History — Quarterly Trend

In TTM 2026, BOSTON OMAHA Corp reported revenue of $112M and earnings per share (EPS) of $-0.40. Net income for the quarter was $-13M. Gross margin was 59.1%. Operating income came in at $-3M.

In FY 2025, BOSTON OMAHA Corp reported revenue of $114M and earnings per share (EPS) of $-0.40. Net income for the quarter was $-18M. Gross margin was 65.8%. Revenue grew 5.6% year-over-year compared to FY 2024. Operating income came in at $-4M.

In Q3 2025, BOSTON OMAHA Corp reported revenue of $29M and earnings per share (EPS) of $-0.08. Net income for the quarter was $-4M. Gross margin was 66.2%. Revenue grew 3.7% year-over-year compared to Q3 2024. Operating income came in at $-1M.

In Q2 2025, BOSTON OMAHA Corp reported revenue of $28M and earnings per share (EPS) of $-0.07. Net income for the quarter was $-5M. Gross margin was 35.4%. Revenue grew 4.1% year-over-year compared to Q2 2024. Operating income came in at $-820,490.

Over the past 8 quarters, BOSTON OMAHA Corp has demonstrated a growth trajectory, with revenue expanding from $27M to $112M. Investors analyzing BOC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BOC Dividend Yield and Income Analysis

BOSTON OMAHA Corp (BOC) does not currently pay a dividend. This is common among smaller companies in the Real Estate industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Real Estate dividend stocks may want to explore other Real Estate stocks or use the stock screener to filter by dividend yield.

BOC Momentum and Technical Analysis Profile

BOSTON OMAHA Corp (BOC) has a momentum factor score of 36/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 2/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

BOC vs Competitors — Real Estate Sector Ranking and Peer Comparison

Within the Real Estate sector, BOSTON OMAHA Corp (BOC) ranks #14 out of 57 stocks based on the Blank Capital composite score. This places BOC in the top quartile of all Real Estate stocks in our coverage universe. Key competitors and sector peers include Urban Edge Properties (UE) with a score of 51.9/100, Kennedy-Wilson Holdings, Inc. (KW) with a score of 48.0/100, AMREP CORP. (AXR) with a score of 49.0/100, GETTY REALTY CORP /MD/ (GTY) with a score of 53.1/100, and Curbline Properties Corp. (CURB) with a score of 50.5/100.

Comparing BOC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BOC vs S&P 500 (SPY) comparison to assess how BOSTON OMAHA Corp stacks up against the broader market across all factor dimensions.

BOC Next Earnings Date

No upcoming earnings date has been announced for BOSTON OMAHA Corp (BOC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BOC? — Investment Thesis Summary

BOSTON OMAHA Corp presents a balanced picture with arguments on both sides. The value score of 33/100 indicates premium valuation. Momentum is weak at 36/100, a headwind for near-term performance. Low volatility (stability score 79/100) reduces downside risk.

In summary, BOSTON OMAHA Corp (BOC) earns a Hold rating with a composite score of 40.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BOC stock.

Related Resources for BOC Investors

Explore more research and tools: BOC vs S&P 500 comparison, top Real Estate stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BOC head-to-head with peers: BOC vs UE, BOC vs KW, BOC vs AXR.