From Yahoo Finance: 2025-03-31 09:09:00

Boston Omaha Corporation (BOC) saw solid revenue growth in 2024, despite a one-time severance expense resulting in a minor net loss. Adjustments reflect a short-term clean-up and the company remains well-positioned for continued growth. BOC operates in billboards, broadband, surety insurance, and asset management, with promising financials and strategic investments.

BOC’s billboard division, Link Media, grew revenue by 5.2% in 2024, expanding its footprint and digital capabilities. The broadband division contributed significantly to top-line growth, with increased subscribers and revenue. The insurance segment performed well, with strong underwriting profitability and net income growth. BOC’s asset management arm also delivered positive results, with potential for further growth.

Looking ahead to 2025, BOC is entering a critical phase where past investments will translate into enhanced cash flow, particularly in broadband profitability and insurance scaling. Management remains disciplined in capital allocation and buybacks could enhance per-share intrinsic value. The company’s undervaluation presents a compelling risk-reward opportunity for long-term investors.

Despite not being in the list of the 30 Most Popular Stocks Among Hedge Funds, BOC remains promising for investors. With 9 hedge fund portfolios holding BOC at the end of the fourth quarter, down from 11 in the previous quarter, there is potential for growth. However, other AI stocks may offer higher returns in a shorter timeframe, making them more appealing to some investors.



Read more at Yahoo Finance: Boston Omaha Corporation (BOC): A Bull Case Theory