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: Outdoor Advertising
  • Sub-Industry: Advertising
  • Symbol: NYSE:CCO
  • CUSIP: 18451C10
  • Web: www.clearchanneloutdoor.com
Capitalization:
  • Market Cap: $1.63 billion
  • Outstanding Shares: 361,131,000
Average Prices:
  • 50 Day Moving Avg: $4.27
  • 200 Day Moving Avg: $4.57
  • 52 Week Range: $3.35 - $6.35
P/E:
  • Trailing P/E Ratio: 45.00
  • Foreward P/E Ratio: -37.50
  • P/E Growth: -17.22
Sales & Book Value:
  • Annual Revenue: $2.62 billion
  • Price / Sales: 0.62
  • Book Value: ($3.79) per share
  • Price / Book: -1.19
Profitability:
  • EBITDA: $613.61 million
  • Net Margins: 1.40%
  • Return on Equity: -3.35%
  • Return on Assets: 0.66%
Debt:
  • Debt-to-Equity Ratio: -4.20%
  • Current Ratio: 1.52%
  • Quick Ratio: 1.52%
Misc:
  • Average Volume: 165,308 shs.
  • Beta: 1.55
  • Short Ratio: 5.09
 

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 often does Clear Channel Outdoor Holdings pay dividends? What is the dividend yield for Clear Channel Outdoor Holdings?

Clear Channel Outdoor Holdings declared a dividend on Monday, September 18th. Stockholders of record on Monday, October 2nd will be given a dividend of $0.0687 per share on Thursday, October 5th. The ex-dividend date is Friday, October 6th. View Clear Channel Outdoor Holdings' Dividend History.

How were Clear Channel Outdoor Holdings' earnings last quarter?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) released its earnings results on Thursday, August, 3rd. The company reported ($0.01) earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.01). The firm had revenue of $672.32 million for the quarter, compared to analyst estimates of $672.22 million. Clear Channel Outdoor Holdings had a net margin of 1.40% and a negative return on equity of 3.35%. 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 Tuesday, November, 7th 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 equities research analysts have issued 1-year target prices for Clear Channel Outdoor Holdings' stock. Their predictions range from $5.50 to $14.00. On average, they anticipate Clear Channel Outdoor Holdings' share 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. " (10/17/2017)
  • 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 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 are Clear Channel Outdoor Holdings' key executives?

Clear Channel Outdoor Holdings' management team includes the folowing people:

  • Robert W. Pittman, Executive Chairman of the Board, Chief Executive Officer
  • Richard J. Bressler, Chief Financial Officer
  • Christopher William Eccleshare, Chairman and Chief Executive Officer - International Division
  • Scott R. Wells, Chief Executive Officer, Americas Division
  • Robert H. Walls Jr., Executive Vice President, General Counsel, Secretary
  • Steven James Macri, Senior Vice President - Corporate Finance
  • Scott D. Hamilton, Senior Vice President, Chief Accounting Officer, Assistant Secretary
  • Dale W. Tremblay, Presiding Independent Director
  • Blair E. Hendrix, Director
  • Daniel G. Jones, Director

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.

What is Clear Channel Outdoor Holdings' stock price today?

One share of Clear Channel Outdoor Holdings stock can currently be purchased for approximately $4.50.


MarketBeat Community Rating for Clear Channel Outdoor Holdings (NYSE CCO)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  73 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  288
MarketBeat's community ratings are surveys of what our community members think about Clear Channel Outdoor Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Clear Channel Outdoor Holdings (NYSE:CCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $8.42 (87.04% upside)
Consensus Price Target History for Clear Channel Outdoor Holdings (NYSE:CCO)
Price Target History for Clear Channel Outdoor Holdings (NYSE:CCO)
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 GroupSet 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
(Data available from 10/18/2015 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
11/7/2017($0.05)N/AView Earnings Details
8/3/2017Q2 2017($0.01)($0.01)$672.22 million$672.32 millionViewListenView Earnings Details
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: ($0.05)
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$0.06$0.11$0.09
Q1 20181($0.10)($0.10)($0.10)
Q2 20181$0.00$0.00$0.00
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:10/5/2017
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
9/18/2017$0.0710/6/201710/2/201710/5/2017
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: 4.40%
Institutional Ownership Percentage: 9.64%
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
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 17 at 7:06 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Upgraded at ValuEngine
www.americanbankingnews.com - October 14 at 9:40 AM
businesswire.com logoCORRECTING and REPLACING Clear Channel Airports Wins 10-Year Contract with the Port of Seattle to Provide Benchmark-Setting Media Program at Seattle-Tacoma International ...
www.businesswire.com - October 13 at 3:55 AM
reuters.com logoBRIEF-Clear Channel Outdoor ‍declares special cash dividend
www.reuters.com - October 13 at 3:55 AM
streetinsider.com logoClear Channel Outdoor Holdings (CCO) Secures 10-Yr Contract with Port of ...
www.streetinsider.com - October 13 at 3:55 AM
streetinsider.com logoClear Channel Outdoor Holdings (CCO) Secures 10-Yr Contract with Port of Seattle to Provide Benchmark-Setting ... - StreetInsider.com
www.streetinsider.com - October 12 at 5:51 PM
finance.yahoo.com logoClear Channel Airports Wins 10-Year Contract with the Port of Seattle to Provide Benchmark-Setting Media Program at Seattle-Tacoma International Airport (SEA)
finance.yahoo.com - October 12 at 5:51 PM
finance.yahoo.com logo[$$] Court Upholds Dismissal of Investor's Lawsuit Against iHeart
finance.yahoo.com - October 12 at 5:51 PM
americanbankingnews.com logo$643.63 Million in Sales Expected for Clear Channel Outdoor Holdings, Inc. (CCO) This Quarter
www.americanbankingnews.com - October 12 at 10:54 AM
finance.yahoo.com logo[$$] iHeart Opens Debt Restructuring Talks With Creditors
finance.yahoo.com - October 11 at 11:33 PM
msn.com logoiHeartMedia wins appellate ruling
www.msn.com - October 11 at 6:32 PM
finance.yahoo.com logo[$$] Clear Channel Outdoor Investor Seeks to Revive Suit Against iHeart
finance.yahoo.com - October 11 at 6:32 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 8 at 4:50 AM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. Declares Dividend of $0.07 (CCO)
www.americanbankingnews.com - October 5 at 8:18 AM
thestreet.com logoClear Channel Outdoor Holdings (CCO) Shares Cross Above 200 DMA
www.thestreet.com - October 3 at 4:55 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Expected to Announce Quarterly Sales of $643.63 Million
www.americanbankingnews.com - September 23 at 3:26 AM
prnewswire.com logoDigital Out of Home Market by Product, Application, Vertical And Geography - Global Forecast to 2023
www.prnewswire.com - September 21 at 3:38 PM
finance.yahoo.com logoClear Channel Outdoor names new regional president for Midwest
finance.yahoo.com - September 21 at 3:38 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 5:06 AM
finance.yahoo.com logoShould You Buy Clear Channel Outdoor Holdings Inc (CCO) Now?
finance.yahoo.com - September 12 at 10:44 PM
finance.yahoo.com logoClear Channel Airports Awarded Five Year Contract Renewal with Clinton National Airport (LIT) to Provide Cutting Edge Media Network
finance.yahoo.com - September 12 at 5:40 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - August 19 at 4:36 AM
finance.yahoo.com logoETFs with exposure to Clear Channel Outdoor Holdings, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 5:07 PM
americanbankingnews.com logoBarrington Research Analysts Decrease Earnings Estimates for Clear Channel Outdoor Holdings, Inc. (CCO)
www.americanbankingnews.com - August 17 at 9:50 AM
americanbankingnews.com logoBarrington Research Comments on Clear Channel Outdoor Holdings, Inc.'s Q4 2017 Earnings (CCO)
www.americanbankingnews.com - August 16 at 10:58 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Clear Channel Outdoor Holdings Inc.
finance.yahoo.com - August 11 at 5:28 PM
finance.yahoo.com logoIHS Markit Score upgrades Clear Channel Outdoor Holdings Inc to 68 out of 100, despite ranking positively in only one IHS Markit category.
finance.yahoo.com - August 10 at 6:14 PM
businesswire.com logoClear Channel Outdoor Holdings, Inc. Announces Upsize and Pricing of Offering of 8.75% Senior Notes Due 2020 by ... - Business Wire (press release)
www.businesswire.com - August 9 at 10:15 PM
businesswire.com logoClear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Notes by Its Subsidiary Clear ... - Business Wire (press release)
www.businesswire.com - August 9 at 5:13 PM
finance.yahoo.com logoClear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Notes by Its Subsidiary Clear Channel International B.V.
finance.yahoo.com - August 9 at 5:13 PM
finance.yahoo.com logoClear Channel Worldwide Holdings, Inc. -- Moody's downgrades Clear Channel International B.V's note rating to B3 following proposed upsize
finance.yahoo.com - August 9 at 5:13 PM
benzinga.com logoMid-Morning Market Update: Markets Edge Lower; CVS Health Profit Tops Expectations - Benzinga
www.benzinga.com - August 8 at 4:45 PM
finance.yahoo.com logoClear Media Announces Interim Results for 2017
finance.yahoo.com - August 8 at 4:45 PM
finance.yahoo.com logoClear Channel Outdoor Holdings, Inc. :CCO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 4:44 PM
feeds.benzinga.com logoMid-Morning Market Update: Markets Edge Lower; CVS Health Profit Tops Expectations
feeds.benzinga.com - August 8 at 10:47 AM
seekingalpha.com logoClear Channel Outdoor Holdings' (CCO) Management on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 5 at 9:34 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (CCO) Releases Earnings Results, Meets Expectations
www.americanbankingnews.com - August 4 at 11:46 PM
businesswire.com logoClear Channel Outdoor Holdings, Inc. Reports Results for 2017 ... - Business Wire (press release)
www.businesswire.com - August 3 at 6:33 PM
finance.yahoo.com logoInvestor Network: Clear Channel Outdoor Holdings, Inc. to Host Earnings Call
finance.yahoo.com - August 3 at 6:33 PM
finance.yahoo.com logoiHeartMedia, Inc. Reports Results for 2017 Second Quarter
finance.yahoo.com - August 3 at 6:33 PM
finance.yahoo.com logoClear Channel Outdoor Holdings, Inc. Reports Results for 2017 Second Quarter
finance.yahoo.com - August 3 at 6:33 PM
finance.yahoo.com logoClear Channel Outdoor reports 2Q loss
finance.yahoo.com - August 3 at 6:33 PM
finance.yahoo.com logo[$$] iHeartMedia Faces Limits on Cash From Clear Channel: Executive
finance.yahoo.com - August 3 at 6:33 PM
americanbankingnews.com logo$669.31 Million in Sales Expected for Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) This Quarter
www.americanbankingnews.com - July 30 at 7:45 AM
businesswire.com logoiHeartMedia, Inc. and Clear Channel Outdoor Holdings, Inc. Set Date for 2017 Second Quarter Earnings Teleconference - Business Wire (press release)
www.businesswire.com - July 27 at 4:27 PM
finance.yahoo.com logoiHeartMedia, Inc. and Clear Channel Outdoor Holdings, Inc. Set Date for 2017 Second Quarter Earnings Teleconference
finance.yahoo.com - July 27 at 4:27 PM
americanbankingnews.com logoClear Channel Outdoor Holdings, Inc. (NYSE:CCO) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 10:09 AM
businesswire.com logoClear Channel Outdoor RADAR Gets Smarter by Adding Cuebiq's Real-time Mobile Analytics to Help Advertisers ... - Business Wire (press release)
www.businesswire.com - July 24 at 4:32 PM
finance.yahoo.com logoClear Channel Outdoor RADAR Gets Smarter by Adding Cuebiq’s Real-time Mobile Analytics to Help Advertisers Understand Campaign Performance in the Physical World
finance.yahoo.com - July 24 at 4:32 PM
finance.yahoo.com logoDefault rate among riskier retailers jumps as sector continues to battle Amazon effect
finance.yahoo.com - July 20 at 6:48 PM

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Chart

Clear Channel Outdoor Holdings (CCO) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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