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Boston Omaha Corp. (BOC)
NYSEIndustrialsConglomeratesSnapshot 2026-06-16
Watch· this week
$13.39-2.26%
Close 2026-06-16 · 1-day change
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
The bottom line
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly, and risk is elevated. The sector backdrop is a headwind, and compared with sector peers, it is below typical. Peer multiples imply a price about 107% below where it trades (it looks expensive on this basis); the read is rich. If sector bellwethers like HON, MMM, and VMI keep beating earnings and guiding higher, the Industrials sector momentum should keep lifting BOC and other Industrials names. This read is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Conglomerates
- Market cap
- $413.80M
- Employees
- —
- IPO date
- 2010-10-20
- Next earnings
- —
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 2 valuation methods, at three horizons. Current price $13.39. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryexpensive
$6.50consensus
Range $6.11 – $6.88
vs price: +106% above
Method agreement — · 2 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearexpensive
$9.40consensus
Range $9.40 – $9.40
vs price: +42% above
Method agreement — · 1 method
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearfull
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Re-ratingmedium confidence
At $14 BOC trades at 4× p/s — 2.0× the 2× p/s peer median. The market is re-rating it beyond its own range; our $6.20 fair value is medium-confidence here. Not investment advice.
Multiple (P/S)
3.8x
peer 1.9x · own history —
Premium
2.0x peer
Growth the price needs
121%
our forecast 6%
Our fair value
$6.20
range $5.87 – $6.53
WhyEarnings too small for P/E
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
expensiverich12-month view
What's priced inUnjustified
The market is pricing in roughly 107% near-term growth, well above our forecast of about 6%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Low fragilityrisk posture, not a price call
Only expensive valuation — not the full expensive x weak x turbulent stack. Regime (Mania) does not concentrate fragility.
Historical context
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
weakOperating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).
4th pctl · Industrials
Earnings quality
loss makingOver the trailing year it converted -1.38x of net income into operating cash flow.
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
neutral6 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bearish0 positive, 2 negative material events / 30dfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.00 → $-0.03. 0 raised, 0 cut, 1 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
Material events
0 positive, 2 negative / 30d. See F4 management tile for the event list.
Sector context
Intermediate · WeeklySector phase: industrials is in maturing, with decelerating (~3.2 years in phase).
Sector regime (90d momentum): headwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- neutral
- Earnings discipline
- weak
- Margin discipline
- neutral
- Balance sheet
- neutral
- Post-call reaction
- weak
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-16
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$109.
How much price usually moves either way.
On a bad day, this stock has moved -$262.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,346.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- Either wayMedium confidenceQuartersactive 4d
Watch for how Boston Omaha's finances stack up against its peers.
Why it matters: Looking at Boston Omaha's finances next to Caterpillar and GE shows if it is doing well.
What confirms / what disproves
Confirms one read:Boston Omaha's insight score is above -5.0, better than peers like Boeing.
Confirms the other:Boston Omaha's insight score is below -10.0, worse than its peers.
Competitive landscape
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for BOC yet.
This sector is also watching
- Watch for impacts from upcoming FOMC decisions
- Watch for revenue growth speeding up in Industrials
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like HON, MMM, and VMI keep beating earnings and guiding higher, the Industrials sector momentum should keep lifting BOC and other Industrials names. Worth watching these names for early signals.
- If the Fed starts cutting rates from the current 3.62%, that would be a tailwind for BOC and other Industrials names, since rate-sensitive parts of the market tend to rally when the Fed eases.
Downside triggers
- If sector bellwethers like HON, MMM, and VMI start missing or guiding lower, the Industrials tailwind helping BOC and other Industrials names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits BOC and other Industrials names harder than the average stock, since the sector is growth-sensitive.
- If BOC misses again next quarter like this past one (a very large miss off a near-zero prior-year base on the 2025-12-31 print), expect continued pressure. The Street usually keeps walking estimates down after consecutive misses.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-06-152d agoItem 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On June 9, 2026, FIF Utah, LLC ("FIF Utah"), a wholly-owned subsidiary of Boston Omaha Broadband, LLC ("BOB"), received final funding approval from the United States Department of Agriculture of a grant and loan awards under the Rural Utilities Service ReConnect Program. The loan and the grant are each for $11,484,706, respectively. The loan will be in the form of long-term debt…
Capital allocationnegative
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
About the same as last weeklatest as of 2026-06-17
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.