Clear Channel Outdoor Holdings Company Profile (NYSE:CCO)

About Clear Channel Outdoor Holdings (NYSE:CCO)

Clear Channel Outdoor Holdings logoClear Channel Outdoor Holdings, Inc. is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International). The Americas segment consists of operations primarily in the United States, Canada and Latin America. Its Americas assets consist of printed and digital billboards, street furniture and transit displays, airport displays and wallscapes and other spectaculars, which the Company owns or operates under lease management agreements. International segment primarily includes operations in Europe and Asia. The International assets consist of street furniture and transit displays, billboards, mall displays, Smartbike programs, and other spectaculars, which the Company owns or operates under lease agreements.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Marketing Services
  • Sub-Industry: Advertising
  • Symbol: NYSE:CCO
  • CUSIP: 18451C10
  • Web: www.clearchanneloutdoor.com
Capitalization:
  • Market Cap: $1.28 billion
  • Outstanding Shares: 360,753,000
Average Prices:
  • 50 Day Moving Avg: $5.04
  • 200 Day Moving Avg: $5.27
  • 52 Week Range: $3.55 - $7.31
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -32.27
  • P/E Growth: -12.17
Sales & Book Value:
  • Annual Revenue: $2.66 billion
  • Price / Sales: 0.48
  • Book Value: ($3.82) per share
  • Price / Book: -0.93
Profitability:
  • EBIDTA: $629.65 million
  • Net Margins: -0.05%
  • Return on Equity: -3.04%
  • Return on Assets: -0.02%
Debt:
  • Debt-to-Equity Ratio: -5.13%
  • Current Ratio: 1.92%
  • Quick Ratio: 1.92%
Misc:
  • Average Volume: 219,847 shs.
  • Beta: 1.44
  • Short Ratio: 4.89
 

Frequently Asked Questions for Clear Channel Outdoor Holdings (NYSE:CCO)

What is Clear Channel Outdoor Holdings' stock symbol?

Clear Channel Outdoor Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCO."

How were Clear Channel Outdoor Holdings' earnings last quarter?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) announced its quarterly earnings results on Thursday, May, 4th. The company reported ($0.08) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.15) by $0.07. The firm had revenue of $544.73 million for the quarter, compared to analyst estimates of $559.30 million. Clear Channel Outdoor Holdings had a negative net margin of 0.05% and a negative return on equity of 3.04%. View Clear Channel Outdoor Holdings' Earnings History.

When will Clear Channel Outdoor Holdings make its next earnings announcement?

Clear Channel Outdoor Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Clear Channel Outdoor Holdings.

Where is Clear Channel Outdoor Holdings' stock going? Where will Clear Channel Outdoor Holdings' stock price be in 2017?

3 analysts have issued 1 year price targets for Clear Channel Outdoor Holdings' stock. Their forecasts range from $5.50 to $14.00. On average, they anticipate Clear Channel Outdoor Holdings' stock price to reach $8.42 in the next twelve months. View Analyst Ratings for Clear Channel Outdoor Holdings.

What are analysts saying about Clear Channel Outdoor Holdings stock?

Here are some recent quotes from research analysts about Clear Channel Outdoor Holdings stock:

  • 1. According to Zacks Investment Research, "Clear Channel Outdoor Holdings, based in San Antonio, TX, is a global leader in outdoor advertising displays in countries across continents. In the United States, the company operates advertising displays and has a presence of the top DMA regions. It manages a large portion of Spectacular Displays in Times Square as well as Airport, Taxi and Mall advertising worldwide. Adshel is the company's International street furniture division. " (2/24/2017)
  • 2. Wedbush analysts commented, "Slow boat to Americas outdoor pushes our estimates down, leverage outlook up, and trims PT. Weak national advertising seems to be weighing on all U.S. billboard operators in 1Q, including CCO. CCO returns have underperformed LAMR by ~30 points and OUT by ~20 points since election and we expect this divergence to continue because 1) CCO is crippled by high leverage, and 2) CCO does not benefit from addition of REIT index adjustments. While CCO beat our 4Q16 estimates, low guide for 1Q17, and potential continuing stagnation in the sector and CCO's heavy debt burden (7.8x at 12/31/16 from 7.5x at 9/30/16) make us wary of CCO's ability to compete as the sector must invest in digital conversions and capabilities. Recent sale of assets in Indianapolis and Atlanta continues the divestiture parade." (2/24/2017)
  • 3. Credit Suisse Group AG analysts commented, "We estimate a reassessment of C$727Mln in taxable income in Q4. Valuation: We estimate Cameco is trading at an equity-implied uranium price of $50/lb, a 39% premium to the current UxC LT price of $36/lb – and compares to the post-Fukushima average of 24%." (11/21/2016)

Who are some of Clear Channel Outdoor Holdings' key competitors?

Who owns Clear Channel Outdoor Holdings stock?

Clear Channel Outdoor Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include CLEAR CHANNEL HOLDINGS, INC. (89.90%), JPMorgan Chase & Co. (1.50%), Abrams Capital Management L.P. (0.93%), Canyon Capital Advisors LLC (0.86%), Gabelli Funds LLC (0.77%) and Vanguard Group Inc. (0.77%). View Institutional Ownership Trends for Clear Channel Outdoor Holdings.

Who sold Clear Channel Outdoor Holdings stock? Who is selling Clear Channel Outdoor Holdings stock?

Clear Channel Outdoor Holdings' stock was sold by a variety of institutional investors in the last quarter, including Blackstone Group L.P., DW Partners LP, California Public Employees Retirement System, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., O Shaughnessy Asset Management LLC, Cornerstone Capital Management Holdings LLC. and Canyon Capital Advisors LLC. View Insider Buying and Selling for Clear Channel Outdoor Holdings.

Who bought Clear Channel Outdoor Holdings stock? Who is buying Clear Channel Outdoor Holdings stock?

Clear Channel Outdoor Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Blue Sky Asset Management LLC, Vanguard Group Inc., AEGON USA Investment Management LLC, Gallagher Fiduciary Advisors LLC, Mariner Investment Group LLC, Phoenix Investment Adviser LLC, Bank of America Corp DE and Renaissance Technologies LLC. View Insider Buying and Selling for Clear Channel Outdoor Holdings.

How do I buy Clear Channel Outdoor Holdings stock?

Shares of Clear Channel Outdoor Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Clear Channel Outdoor Holdings stock cost?

One share of Clear Channel Outdoor Holdings stock can currently be purchased for approximately $3.55.

Analyst Ratings

Consensus Ratings for Clear Channel Outdoor Holdings (NYSE:CCO) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $8.42 (137.09% upside)

Analysts' Ratings History for Clear Channel Outdoor Holdings (NYSE:CCO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/24/2017WedbushLower Price TargetNeutral$6.00 -> $5.75N/AView Rating Details
11/21/2016Credit Suisse Group AGSet Price TargetHold$14.00N/AView Rating Details
11/3/2016Loop CapitalUpgradeSell -> Hold$5.50N/AView Rating Details
5/13/2016Evercore ISIDowngradeHold -> SellN/AView Rating Details
2/17/2016Topeka Capital MarketsDowngradeBuy -> Sell$11.00 -> $2.00N/AView Rating Details
1/11/2016Moffett NathansonInitiated CoverageBuyN/AView Rating Details
8/18/2015Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Clear Channel Outdoor Holdings (NYSE:CCO)
Earnings by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
Earnings History by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/4/2017Q1 2017($0.15)($0.08)$559.30 million$544.73 millionViewListenView Earnings Details
2/23/2017Q416$0.06$0.28$731.96 million$726.47 millionViewN/AView Earnings Details
11/9/2016Q316($0.03)($0.09)$679.46 million$673.06 millionViewListenView Earnings Details
8/4/2016Q216$0.03($0.19)$721.57 million$712.15 millionViewN/AView Earnings Details
11/5/2015Q3($0.01)($0.02)$712.13 million$696.28 millionViewN/AView Earnings Details
4/30/2015Q1($0.14)($0.09)$635.25 million$615.04 millionViewN/AView Earnings Details
2/19/2015Q4 2014$0.08$0.12$801.98 million$802.01 millionViewN/AView Earnings Details
7/23/2014Q2 2014$0.03$0.14$767.76 million$781.21 millionViewN/AView Earnings Details
4/24/2014Q1 2014($0.15)($0.27)$653.44 million$635.25 millionViewN/AView Earnings Details
11/7/2013Q313($0.01)$0.01$714.26 million$723.00 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.02$0.02$753.10 million$766.90 millionViewN/AView Earnings Details
5/2/2013Q1 2013($0.14)($0.22)$654.85 million$650.21 millionViewN/AView Earnings Details
2/19/2013Q4 2012$0.04($0.42)$803.61 million$803.19 millionViewN/AView Earnings Details
11/2/2012($0.04)$0.05$737.86 million$731.00 millionViewN/AView Earnings Details
8/1/2012($0.01)($0.04)ViewN/AView Earnings Details
5/4/2012($0.07)($0.14)ViewN/AView Earnings Details
2/21/2012$0.10$0.06ViewN/AView Earnings Details
10/31/2011$0.05$0.01ViewN/AView Earnings Details
8/3/2011$0.04$0.07ViewN/AView Earnings Details
5/6/2011($0.09)($0.03)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Clear Channel Outdoor Holdings (NYSE:CCO)
2017 EPS Consensus Estimate: ($0.07)
2018 EPS Consensus Estimate: ($0.04)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.11)($0.11)($0.11)
Q2 20171($0.01)($0.01)($0.01)
Q3 20171($0.03)($0.03)($0.03)
Q4 20172$0.05$0.11$0.08
Q1 20181($0.10)($0.10)($0.10)
Q2 20181$0.01$0.01$0.01
Q3 20181($0.02)($0.02)($0.02)
Q4 20181$0.07$0.07$0.07
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Clear Channel Outdoor Holdings (NYSE:CCO)
Most Recent Dividend:2/4/2016
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)

Dividend History by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/21/2016$1.492/5/20162/1/20162/4/2016
7/22/2014special$0.497/31/20148/4/20148/11/2014
10/21/2013special$0.5611/1/201311/5/201311/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Clear Channel Outdoor Holdings (NYSE:CCO)
Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 9.20%
Insider Trades by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
Institutional Ownership by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
Insider Trades by Quarter for Clear Channel Outdoor Holdings (NYSE:CCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/4/2016Scott WellsInsiderBuy5,000$4.13$20,650.00View SEC Filing  
5/5/2015Christopher William EccleshareInsiderSell94,500$0.25$23,625.00View SEC Filing  
5/4/2015Christopher William EccleshareInsiderSell2,094$11.28$23,620.32View SEC Filing  
4/2/2015Iheartmedia, Inc.Major ShareholderBuy2,172,946$10.20$22,164,049.20View SEC Filing  
1/7/2015Iheartmedia, Inc.Major ShareholderBuy2,000,000$10.20$20,400,000.00View SEC Filing  
12/15/2014Iheartmedia, Inc.Major ShareholderBuy5,000,000$9.75$48,750,000.00View SEC Filing  
6/12/2013Franklin Gay Sisson JrCROSell41,000$7.33$300,530.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Clear Channel Outdoor Holdings (NYSE:CCO)
Latest Headlines for Clear Channel Outdoor Holdings (NYSE:CCO)
Source:
DateHeadline
finance.yahoo.com logoTexas Center for the Missing, The Heidi Search Center and the National Center for Missing & Exploited Children and Clear Channel Outdoor Americas Launch Digital Billboard Campaign Timed with National Missing Children’s Day
finance.yahoo.com - May 25 at 5:36 PM
finance.yahoo.com logoThe National Center for Missing & Exploited Children and Clear Channel Outdoor Americas Launch Los Angeles Billboard Campaign Timed with National Missing Children’s Day
finance.yahoo.com - May 25 at 5:36 PM
reuters.com logoBRIEF-Clear Channel Airports renews contract with Aeropuertos Dominicanos Siglo XXI
www.reuters.com - May 23 at 4:11 PM
finance.yahoo.com logoETFs with exposure to Clear Channel Outdoor Holdings, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 4:07 PM
finance.yahoo.com logoClear Channel Airports Renews Contract with Aeropuertos Dominicanos Siglo XXI, S.A., (Aerodom) to Provide Comprehensive Advertising Programs to Four Airports in Dominican Republic
finance.yahoo.com - May 22 at 4:07 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Clear Channel Outdoor Holdings, Inc. (CCO) Issued By Barrington Research
www.americanbankingnews.com - May 22 at 7:18 AM
finance.yahoo.com logoMorten Gotterup Named President for Clear Channel Airports
finance.yahoo.com - May 15 at 11:59 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Expected to Post Quarterly Sales of $677.48 Million
www.americanbankingnews.com - May 14 at 10:50 AM
americanbankingnews.com logo Brokerages Anticipate Clear Channel Outdoor Holdings, Inc. (CCO) to Post -$0.01 Earnings Per Share
www.americanbankingnews.com - May 12 at 8:14 AM
finance.yahoo.com logoETFs with exposure to Clear Channel Outdoor Holdings, Inc. : May 8, 2017
finance.yahoo.com - May 8 at 9:07 PM
thestreet.com logoCommit To Purchase Clear Channel Outdoor Holdings At $4.22, Earn 16.6% Annualized Using Options
www.thestreet.com - May 8 at 4:06 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Cut to "D" at TheStreet
www.americanbankingnews.com - May 8 at 12:28 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Issues Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - May 6 at 12:40 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - May 6 at 12:17 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Announces Earnings Results
www.americanbankingnews.com - May 5 at 10:23 PM
finance.yahoo.com logo[$$] IHeartradio Costs Jump, Adding to Suspicion Its Days Are Numbered
finance.yahoo.com - May 5 at 4:25 PM
finance.yahoo.com logoClear Channel Outdoor Holdings, Inc. :CCO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 4:25 PM
seekingalpha.com logoClear Channel Outdoor Holdings' (CCO) CEO Robert Pittman on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 4:21 PM
finance.yahoo.com logoClear Channel Outdoor Holdings, Inc. Reports Results for 2017 First Quarter
finance.yahoo.com - May 4 at 4:20 PM
finance.yahoo.com logoiHeartMedia, Inc. Reports Results for 2017 First Quarter
finance.yahoo.com - May 4 at 4:20 PM
finance.yahoo.com logoClear Channel Outdoor reports 1Q loss
finance.yahoo.com - May 4 at 4:20 PM
huffingtonpost.com logoWomen in Business Q&A: Wendy Goldberg, Executive VP and Chief Communications Officer, iHeartMedia Inc
www.huffingtonpost.com - May 3 at 8:22 AM
americanbankingnews.com logoClear Channel Outdoor Holdings (CCO) Receiving Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - May 3 at 12:00 AM
americanbankingnews.com logoClear Channel Outdoor Holdings (CCO) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 28 at 9:54 AM
finance.yahoo.com logo[$$] Radio Station Owner iHeartMedia Warns It May Not Survive
finance.yahoo.com - April 26 at 3:22 PM
americanbankingnews.com logoClear Channel Outdoor Holdings (CCO) Given News Impact Rating of 0.24
www.americanbankingnews.com - April 25 at 5:06 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 24 at 11:17 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Expected to Announce Quarterly Sales of $559.3 Million
www.americanbankingnews.com - April 23 at 9:30 AM
americanbankingnews.com logoClear Channel Outdoor Holdings (CCO) Receives Media Sentiment Rating of 0.24
www.americanbankingnews.com - April 22 at 10:53 AM
finance.yahoo.com logo[$$] Parent of iHeartRadio Warns It May Not Survive Another Year
finance.yahoo.com - April 21 at 9:19 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Expected to Announce Earnings of -$0.14 Per Share
www.americanbankingnews.com - April 21 at 11:23 AM
americanbankingnews.com logoClear Channel Outdoor Holdings (CCO) Earning Positive News Coverage, Report Shows
www.americanbankingnews.com - April 18 at 1:40 PM
americanbankingnews.com logoSomewhat Negative Media Coverage Very Likely to Effect Clear Channel Outdoor Holdings (CCO) Stock Price
www.americanbankingnews.com - April 14 at 10:24 AM
finance.yahoo.com logoiHeart Amends Debt Buyback After Complex Offer Gets no Respect
finance.yahoo.com - April 13 at 4:17 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 28 at 12:16 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Upgraded by TheStreet to C
www.americanbankingnews.com - March 27 at 12:22 AM
streetinsider.com logoForm 8-K Clear Channel Outdoor For: Mar 15
www.streetinsider.com - March 15 at 4:33 PM
biz.yahoo.com logoCLEAR CHANNEL OUTDOOR HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 15 at 4:33 PM
businesswire.com logoState of Illinois, Polaris and Clear Channel Outdoor Americas Launch Anti-Human Trafficking Digital Billboard ... - Business Wire (press release)
www.businesswire.com - March 14 at 11:22 AM
finance.yahoo.com logoState of Illinois, Polaris and Clear Channel Outdoor Americas Launch Anti-Human Trafficking Digital Billboard Campaign Across Chicago
finance.yahoo.com - March 13 at 4:20 PM
finance.yahoo.com logoA giant billboard outside Tesla's Fremont factory is asking Elon Musk to 'dump Trump'
finance.yahoo.com - March 10 at 5:10 PM
businesswire.com logoClear Channel Airports Renews Contract with South Bend International Airport (SBN) to Provide Cutting Edge Digital ... - Business Wire (press release)
www.businesswire.com - March 8 at 4:55 PM
finance.yahoo.com logoClear Channel Airports Renews Contract with South Bend International Airport (SBN) to Provide Cutting Edge Digital Media Program
finance.yahoo.com - March 7 at 4:14 PM
benzinga.com logoMid-Afternoon Market Update: Immersion Drops After Q4 Results; Snap Shares Spike Higher - Benzinga
www.benzinga.com - March 3 at 9:13 PM
seekingalpha.com logoiHeart Media Reports From The Precipice Of Solvency, Once Again
seekingalpha.com - March 2 at 4:24 PM
uk.finance.yahoo.com logoJCDecaux says having a "good" first quarter in Britain-CEO
uk.finance.yahoo.com - March 2 at 4:24 PM
finance.yahoo.com logoJCDecaux says having "good" first quarter in Britain -CEO
finance.yahoo.com - March 2 at 4:24 PM
finance.yahoo.com logoCLEAR CHANNEL OUTDOOR HOLDINGS, INC. Financials
finance.yahoo.com - March 1 at 4:15 PM
businesswire.com logoClear Channel Outdoor Holdings, Inc. Reports Results for 2016 ... - Business Wire (press release)
www.businesswire.com - February 24 at 4:21 PM
seekingalpha.com logoClear Channel Outdoor Holdings, Inc. 2016 Q4 - Results - Earnings Call Slides
seekingalpha.com - February 23 at 9:10 PM

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Chart

Clear Channel Outdoor Holdings (CCO) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff