BOSTON OMAHA (NASDAQ:BOMN) was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating in a report released on Friday, TheStreetRatingsTable reports.

Several other brokerages have also recently commented on BOMN. BidaskClub cut shares of BOSTON OMAHA from a “hold” rating to a “sell” rating in a research report on Tuesday, November 19th. ValuEngine downgraded shares of BOSTON OMAHA from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

NASDAQ BOMN opened at $20.62 on Friday. The firm’s 50 day moving average is $21.36 and its 200-day moving average is $21.91. The company has a current ratio of 7.44, a quick ratio of 7.44 and a debt-to-equity ratio of 0.19. BOSTON OMAHA has a 12-month low of $18.44 and a 12-month high of $28.00.

BOSTON OMAHA (NASDAQ:BOMN) last announced its earnings results on Tuesday, November 12th. The company reported $0.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.13. The business had revenue of $10.82 million during the quarter. BOSTON OMAHA had a negative net margin of 23.33% and a negative return on equity of 2.81%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ironvine Capital Partners LLC grew its stake in BOSTON OMAHA by 9.1% in the second quarter. Ironvine Capital Partners LLC now owns 170,291 shares of the company’s stock valued at $3,847,000 after purchasing an additional 14,227 shares in the last quarter. Swiss National Bank acquired a new position in shares of BOSTON OMAHA during the 2nd quarter worth approximately $363,000. Biondo Investment Advisors LLC raised its stake in shares of BOSTON OMAHA by 2.1% during the 2nd quarter. Biondo Investment Advisors LLC now owns 49,775 shares of the company’s stock worth $1,152,000 after purchasing an additional 1,000 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of BOSTON OMAHA by 458.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,881 shares of the company’s stock worth $155,000 after purchasing an additional 5,649 shares in the last quarter. Finally, Greenwood Gearhart Inc. boosted its holdings in shares of BOSTON OMAHA by 3.3% in the 2nd quarter. Greenwood Gearhart Inc. now owns 103,278 shares of the company’s stock valued at $2,391,000 after buying an additional 3,270 shares during the last quarter. 82.07% of the stock is owned by hedge funds and other institutional investors.

BOSTON OMAHA Company Profile

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. The company is also involved in the surety insurance and related brokerage, and investment businesses. As of March 11, 2019, it operated approximately 2,900 billboards containing approximately 5,400 advertising faces of which 61 are digital displays.

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