BOSTON OMAHA Corp (NASDAQ:BOMN) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 1-year consensus price target of $33.00 for the company, according to Zacks. Zacks has also given BOSTON OMAHA an industry rank of 92 out of 256 based on the ratings given to its competitors.

Separately, BidaskClub lowered shares of BOSTON OMAHA from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 30th.

Several large investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in BOSTON OMAHA by 1.3% in the fourth quarter. BlackRock Inc. now owns 372,402 shares of the company’s stock valued at $8,714,000 after buying an additional 4,775 shares during the period. Bank of New York Mellon Corp grew its position in shares of BOSTON OMAHA by 3.6% during the fourth quarter. Bank of New York Mellon Corp now owns 18,848 shares of the company’s stock worth $441,000 after buying an additional 659 shares in the last quarter. Northern Trust Corp grew its position in shares of BOSTON OMAHA by 8.3% during the fourth quarter. Northern Trust Corp now owns 60,407 shares of the company’s stock worth $1,414,000 after buying an additional 4,626 shares in the last quarter. Geode Capital Management LLC grew its position in shares of BOSTON OMAHA by 9.9% during the fourth quarter. Geode Capital Management LLC now owns 91,757 shares of the company’s stock worth $2,147,000 after buying an additional 8,280 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of BOSTON OMAHA by 11.2% during the fourth quarter. Bank of America Corp DE now owns 15,726 shares of the company’s stock worth $367,000 after buying an additional 1,581 shares in the last quarter. Hedge funds and other institutional investors own 74.66% of the company’s stock.

Shares of NASDAQ BOMN traded down $0.36 during midday trading on Friday, reaching $19.76. The company had a trading volume of 48,863 shares, compared to its average volume of 41,079. BOSTON OMAHA has a 1 year low of $19.54 and a 1 year high of $31.67. The business’s 50-day simple moving average is $21.89 and its 200 day simple moving average is $24.05. The company has a current ratio of 6.65, a quick ratio of 6.65 and a debt-to-equity ratio of 0.14.

BOSTON OMAHA (NASDAQ:BOMN) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $10.14 million during the quarter. BOSTON OMAHA had a negative return on equity of 3.66% and a negative net margin of 34.78%.

About BOSTON OMAHA

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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