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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Broadcom falls into a buy-the-dip opportunity 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Broadcom falls into a buy-the-dip opportunity 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 reasons to buy AMD before 2024
How does the Consumer Price Index affect the stock market?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
3 biotech powerhouses poised to thrive amid sector rebound
Broadcom falls into a buy-the-dip opportunity 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A 'soft landing' or a recession? How each one might affect America's households and businesses
Closing prices for crude oil, gold and other commodities

Clear Channel Outdoor Stock Price, News & Analysis (NYSE:CCO)

$1.65
+0.12 (+7.84%)
(As of 12/8/2023 ET)
Compare
Today's Range
$1.50
$1.70
50-Day Range
$1.07
$1.65
52-Week Range
$0.95
$2.14
Volume
5.25 million shs
Average Volume
3.12 million shs
Market Capitalization
$796.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.80

Clear Channel Outdoor MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
9.1% Upside
$1.80 Price Target
Short Interest
Healthy
7.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Clear Channel Outdoor in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.38) to ($0.21) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.13 out of 5 stars

Business Services Sector

254th out of 271 stocks

Advertising Industry

7th out of 8 stocks


CCO stock logo

About Clear Channel Outdoor Stock (NYSE:CCO)

Clear Channel Outdoor Holdings, Inc. operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, Europe-South, and Other segments. The company offers advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, newsracks, and other public structures; transit displays, which are advertising surfaces within the common areas of rail stations and on various types of vehicles; and airport advertising displays. It also sells street furniture equipment; provides cleaning and maintenance services; and operates public bike programs, a public bicycle rental program that offers bicycles for rent to the general public in various municipalities. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas.

CCO Stock Price History

CCO Stock News Headlines

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Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Clear Channel Outdoor (NYSE:CCO) Trading 5.2% Higher
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
Advertising
Sub-Industry
Advertising
CUSIP
18451C10
Employees
4,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.80
High Stock Price Target
$2.50
Low Stock Price Target
$1.40
Potential Upside/Downside
+9.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$-96,600,000.00
Pretax Margin
-4.52%

Debt

Sales & Book Value

Annual Sales
$2.52 billion
Cash Flow
$0.52 per share
Book Value
($6.85) per share

Miscellaneous

Free Float
475,620,000
Market Cap
$796.97 million
Optionable
Optionable
Beta
2.66
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Key Executives

  • Mr. Scott R. Wells (Age 54)
    CEO, President & Director
    Comp: $2.61M
  • Mr. Brian D. Coleman (Age 57)
    Executive VP & CFO
    Comp: $1.42M
  • Mr. Jason A. DilgerMr. Jason A. Dilger (Age 49)
    Senior VP & Chief Accounting Officer
    Comp: $681.71k
  • Ms. Lynn A. Feldman (Age 54)
    Executive VP, Chief Legal Officer & Corporate Secretary
    Comp: $1.33M
  • Ms. Eileen McLaughlin
    Vice President – Investor Relations
  • Mr. Eugene P. Leehan (Age 61)
    Executive VP & Senior Regional President of Clear Channel Outdoor America
  • Ms. Michelle Costa
    Regional President of Clear Channel Outdoor-South Central
  • Mr. Greg McGrath
    Regional President of Clear Channel Outdoor - Southern California
  • Mr. Christian Aaselund
    CTO & Executive VP of Clear Channel Outdoor Americas
  • Mr. Jason D. King
    Senior Vice President of Corporate Communications & Marketing - Clear Channel Outdoor Americas














CCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Clear Channel Outdoor stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clear Channel Outdoor in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCO, but not buy additional shares or sell existing shares.
View CCO analyst ratings
or view top-rated stocks.

What is Clear Channel Outdoor's stock price target for 2024?

3 brokerages have issued 1-year target prices for Clear Channel Outdoor's shares. Their CCO share price targets range from $1.40 to $2.50. On average, they expect the company's share price to reach $1.80 in the next year. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for CCO
or view top-rated stocks among Wall Street analysts.

How have CCO shares performed in 2023?

Clear Channel Outdoor's stock was trading at $1.05 at the start of the year. Since then, CCO stock has increased by 57.1% and is now trading at $1.65.
View the best growth stocks for 2023 here
.

Are investors shorting Clear Channel Outdoor?

Clear Channel Outdoor saw a decrease in short interest in November. As of November 15th, there was short interest totaling 31,300,000 shares, a decrease of 5.9% from the October 31st total of 33,250,000 shares. Based on an average daily trading volume, of 3,960,000 shares, the days-to-cover ratio is currently 7.9 days. Approximately 7.4% of the shares of the stock are sold short.
View Clear Channel Outdoor's Short Interest
.

When is Clear Channel Outdoor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our CCO earnings forecast
.

How were Clear Channel Outdoor's earnings last quarter?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) released its quarterly earnings results on Wednesday, November, 8th. The business services provider reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The business services provider earned $526.79 million during the quarter, compared to analyst estimates of $596.79 million.

What guidance has Clear Channel Outdoor issued on next quarter's earnings?

Clear Channel Outdoor updated its fourth quarter 2023 earnings guidance on Wednesday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $591.00 million-$618.00 million, compared to the consensus revenue estimate of $700.43 million.

What is Scott Wells' approval rating as Clear Channel Outdoor's CEO?

75 employees have rated Clear Channel Outdoor Chief Executive Officer Scott Wells on Glassdoor.com. Scott Wells has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Clear Channel Outdoor own?
Who are Clear Channel Outdoor's major shareholders?

Clear Channel Outdoor's stock is owned by a number of institutional and retail investors. Top institutional investors include Legion Partners Asset Management LLC (5.49%), Morgan Stanley (3.77%), JPMorgan Chase & Co. (3.09%), Charles Schwab Investment Management Inc. (2.35%), Rubric Capital Management LP (1.39%) and Flight Deck Capital LP (1.00%). Insiders that own company stock include Ares Management Llc, Jason Dilger, Lisa Hammitt and Pacific Investment Management.
View institutional ownership trends
.

How do I buy shares of Clear Channel Outdoor?

Shares of CCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CCO) was last updated on 12/9/2023 by MarketBeat.com Staff

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