Clear Channel Outdoor Stock Price, News & Analysis (NYSE:CCO) $1.65 +0.12 (+7.84%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$1.50▼$1.7050-Day Range$1.07▼$1.6552-Week Range$0.95▼$2.14Volume5.25 million shsAverage Volume3.12 million shsMarket Capitalization$796.97 millionP/E RatioN/ADividend YieldN/APrice Target$1.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Clear Channel Outdoor MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside9.1% Upside$1.80 Price TargetShort InterestHealthy7.39% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.42Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.38) to ($0.21) Per ShareSee Full Details Hide Full Details 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 starsBusiness Services Sector254th out of 271 stocksAdvertising Industry7th out of 8 stocks 1.2 Analyst's Opinion Consensus RatingClear Channel Outdoor has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.80, Clear Channel Outdoor has a forecasted upside of 9.1% from its current price of $1.65.Amount of Analyst CoverageClear Channel Outdoor has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.39% of the float of Clear Channel Outdoor has been sold short.Short Interest Ratio / Days to CoverClear Channel Outdoor has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in Clear Channel Outdoor has recently decreased by 5.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldClear Channel Outdoor does not currently pay a dividend.Dividend GrowthClear Channel Outdoor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CCO. Previous Next 2.5 News and Social Media Coverage News SentimentClear Channel Outdoor has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Clear Channel Outdoor this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for CCO on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.MarketBeat Follows2 people have added Clear Channel Outdoor to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Clear Channel Outdoor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.53% of the stock of Clear Channel Outdoor is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Clear Channel Outdoor are expected to grow in the coming year, from ($0.38) to ($0.21) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clear Channel Outdoor is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Clear Channel Outdoor is -3.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CCO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCO Stock News HeadlinesDecember 6, 2023 | msn.comClear Channel Outdoor gains as Moreno takes 6.8% stakeDecember 5, 2023 | americanbankingnews.comClear Channel Outdoor Holdings, Inc. (NYSE:CCO) Short Interest Down 5.9% in NovemberDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comDecember 5, 2023 | americanbankingnews.comClear Channel Outdoor (NYSE:CCO) Downgraded by StockNews.com to "Sell"December 3, 2023 | americanbankingnews.comClear Channel Outdoor (NYSE:CCO) Trading 5.2% Higher November 27, 2023 | tmcnet.comStudent Freedom Initiative, Clear Channel Outdoor Connect MSI Students with Career Development Opportunities and Resources to Fund Their EducationNovember 14, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN WELLS FARGO'S 7TH ANNUAL TMT SUMMITNovember 14, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE BofA SECURITIES LEVERAGED FINANCE CONFERENCEDecember 9, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix 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.comNovember 11, 2023 | markets.businessinsider.comClear Channel Outdoor Holdings: Profitability Potential and Strategic Divestitures Boost Buy RatingNovember 10, 2023 | finance.yahoo.comClear Channel Outdoor Pops on Divestment Progress, Deleveraging PromisesNovember 9, 2023 | finance.yahoo.comClear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comUSO and Clear Channel Outdoor Launch New Digital OOH Campaign Supporting People Who Serve in Our U.S. MilitaryNovember 8, 2023 | finance.yahoo.comCompared to Estimates, Clear Channel Outdoor (CCO) Q3 Earnings: A Look at Key MetricsNovember 8, 2023 | seekingalpha.comClear Channel Outdoor Holdings, Inc. 2023 Q3 - Results - Earnings Call PresentationNovember 8, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. REPORTS RESULTS FOR THE THIRD QUARTER OF 2023November 1, 2023 | bizjournals.comClear Channel Outdoor plans to sell off more European divisionsNovember 1, 2023 | finance.yahoo.comClear Channel Outdoor (CCO) Expected to Beat Earnings Estimates: Should You Buy?October 31, 2023 | marketwatch.comClear Channel Outdoor Initiates Strategic Review of LatAm BusinessesOctober 31, 2023 | finance.yahoo.comClear Channel Outdoor Holdings, Inc. Completes Sale of Clear Channel France to Equinox Industries; Initiates Process to Sell its Europe-North Segment Businesses and Strategic Review of its Latin American BusinessesOctober 18, 2023 | msn.comClear Channel Outdoor divests its France business to Equinox IndustriesOctober 18, 2023 | finance.yahoo.comClear Channel Outdoor Holdings, Inc. Signs Share Purchase Agreement to Sell its France Business to Equinox IndustriesOctober 17, 2023 | msn.comClear Channel Outdoor jumps amid renewed activist push for asset salesOctober 17, 2023 | finance.yahoo.comLegion wants Clear Channel Outdoor to sell off assets fasterOctober 13, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating DocGo, and Clear Channel and Encourages Investors to Contact the FirmOctober 10, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES DATE FOR 2023 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALLOctober 6, 2023 | businesswire.comCLEAR CHANNEL ALERT: Bragar Eagel & Squire, P.C. is Investigating Clear Channel Outdoor Holdings, Inc. on Behalf of Clear Channel Stockholders and Encourages Investors to Contact the FirmSee More Headlines Receive CCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Clear Channel Outdoor and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/08/2023Today12/09/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Advertising Sub-IndustryAdvertising SectorBusiness Services Current SymbolNYSE:CCO CUSIP18451C10 CIK1334978 Webwww.clearchanneloutdoor.com Phone(210) 547-8800Fax1-302-655-5049Employees4,700Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.49) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-96,600,000.00 Net Margins-9.80% Pretax Margin-4.52% Return on EquityN/A Return on Assets-1.87% Debt Debt-to-Equity RatioN/A Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$2.52 billion Price / Sales0.32 Cash Flow$0.52 per share Price / Cash Flow3.15 Book Value($6.85) per share Price / Book-0.24Miscellaneous Outstanding Shares483,010,000Free Float475,620,000Market Cap$796.97 million OptionableOptionable Beta2.66 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Scott R. Wells (Age 54)CEO, President & Director Comp: $2.61MMr. Brian D. Coleman (Age 57)Executive VP & CFO Comp: $1.42MMr. Jason A. Dilger (Age 49)Senior VP & Chief Accounting Officer Comp: $681.71kMs. Lynn A. Feldman (Age 54)Executive VP, Chief Legal Officer & Corporate Secretary Comp: $1.33MMs. Eileen McLaughlinVice President Investor RelationsMr. Eugene P. Leehan (Age 61)Executive VP & Senior Regional President of Clear Channel Outdoor America Ms. Michelle CostaRegional President of Clear Channel Outdoor-South CentralMr. Greg McGrathRegional President of Clear Channel Outdoor - Southern CaliforniaMr. Christian AaselundCTO & Executive VP of Clear Channel Outdoor AmericasMr. Jason D. KingSenior Vice President of Corporate Communications & Marketing - Clear Channel Outdoor AmericasMore ExecutivesKey CompetitorsNational CineMediaNASDAQ:NCMIDirect DigitalNASDAQ:DRCTSunCar Technology GroupNASDAQ:SDAInternational Money ExpressNASDAQ:IMXIHealthcare Services GroupNASDAQ:HCSGView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 167,903 shares on 12/6/2023Ownership: 0.023%Deutsche Bank AGSold 2,047,737 shares on 11/24/2023Ownership: 0.037%Morgan StanleyBought 772,095 shares on 11/16/2023Ownership: 3.775%GTS Securities LLCBought 35,815 shares on 11/16/2023Ownership: 0.007%Legion Partners Asset Management LLCBought 1,753,407 shares on 11/15/2023Ownership: 5.494%View All Insider TransactionsView All Institutional Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Clear Channel Outdoor investors own include Bionano Genomics (BNGO), Matinas BioPharma (MTNB), Energy Transfer (ET), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), Zosano Pharma (ZSAN), Acasti Pharma (ACST), TherapeuticsMD (TXMD), Washington Prime Group (WPG) and Permian Resources (CDEV). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Clear Channel Outdoor Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.