Positive News SentimentPositive NewsNYSE:CCO Clear Channel Outdoor (CCO) Stock Forecast, Price & News $1.50 0.00 (0.00%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$1.47▼$1.5450-Day Range$1.38▼$1.8152-Week Range$0.95▼$2.14Volume1.32 million shsAverage Volume3.47 million shsMarket Capitalization$724.37 millionP/E RatioN/ADividend YieldN/APrice Target$1.66 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Clear Channel Outdoor MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside10.8% Upside$1.66 Price TargetShort InterestBearish10.76% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.73Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.35) to ($0.24) 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.1.21 out of 5 starsBusiness Services Sector306th out of 313 stocksAdvertising Industry8th out of 10 stocks 2.2 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 $1.66, Clear Channel Outdoor has a forecasted upside of 10.8% from its current price of $1.50.Amount of Analyst CoverageClear Channel Outdoor has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.76% 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 17.4, which indicates bearish sentiment.Change versus previous monthShort interest in Clear Channel Outdoor has recently increased by 6.51%, indicating that investor sentiment is decreasing 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 3.2 News and Social Media Coverage News SentimentClear Channel Outdoor has a news sentiment score of 1.73. 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 is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Clear Channel Outdoor this week, compared to 2 articles on an average week.Search InterestOnly 18 people have searched for CCO on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat Follows2 people have added Clear Channel Outdoor to their MarketBeat watchlist in the last 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 ($0.35) to ($0.24) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Clear Channel Outdoor is -74.96, 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 -74.96, 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 (NYSE:CCO) StockClear 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCO Stock News HeadlinesSeptember 21, 2023 | finance.yahoo.comClear Channel Outdoor's Immersive Showcase Shelters in Los Angeles Boost Street-Level Reach & Impact for AdvertisersSeptember 15, 2023 | msn.comClear Channel Outdoor: Too Much Uncertainty And A Load Of DebtSeptember 24, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 11, 2023 | bizjournals.comAlamo City Ticker: Local company' germ zappers clear FDA hurdleAugust 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on NA Companies: Ready Capital (RC), Realty Income (O) and Clear Channel Outdoor (CCO)August 30, 2023 | msn.comCitigroup Maintains Clear Channel Outdoor Holdings (CCO) Neutral RecommendationAugust 28, 2023 | finance.yahoo.comThe Returns At Clear Channel Outdoor Holdings (NYSE:CCO) Aren't GrowingAugust 16, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN CITI'S 2023 GLOBAL TECHNOLOGY AND GEMS CONFERENCESeptember 24, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 11, 2023 | markets.businessinsider.comClear Channel Outdoor (CCO) Gets a Buy from BarringtonAugust 9, 2023 | finance.yahoo.comClear Channel Outdoor Holdings, Inc. (NYSE:CCO) Q2 2023 Earnings Call TranscriptAugust 8, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES PRICING OF OFFERING OF SENIOR SECURED NOTES DUE 2028August 8, 2023 | msn.comClear Channel Outdoor (CCO) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesAugust 8, 2023 | bizjournals.comClear Channel Outdoor Holdings adjusts revenue guidance downwardAugust 7, 2023 | seekingalpha.comClear Channel Outdoor Holdings, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | finance.yahoo.comCLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES NEW DATE FOR 2023 SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALLAugust 2, 2023 | markets.businessinsider.comWells Fargo Keeps Their Hold Rating on Clear Channel Outdoor (CCO)July 30, 2023 | finance.yahoo.comClear Channel Outdoor Holdings Insider Ups Holding By 120% During YearJuly 27, 2023 | finance.yahoo.comClear Channel Outdoor Secures 10-Year Partnership with City of Austin to Remaster Advertising and Sponsorship Opportunities at Austin-Bergstrom International Airport (AUS)July 20, 2023 | finance.yahoo.comClear Channel Outdoor (CCO) Is Attractively Priced Despite Fast-paced MomentumJuly 18, 2023 | finance.yahoo.comOmnicom (OMC) Tops Q2 Earnings EstimatesJuly 18, 2023 | finance.yahoo.comClear Channel Outdoor Holdings continues to sell European operationsJuly 17, 2023 | msn.comClear Channel Outdoor enters exclusive discussion to sell France businessJuly 17, 2023 | markets.businessinsider.comClear Channel Outdoor In Exclusive Talks To Sell Its Business In FranceJuly 17, 2023 | finance.yahoo.comClear Channel Outdoor Holdings, Inc. Has Entered Into Exclusive Discussions to Sell its France BusinessJuly 12, 2023 | finance.yahoo.comClear Channel Outdoor Partners with Aqfer for Secure First-Party Data Collaboration for Out-of-Home ActivationJuly 11, 2023 | finance.yahoo.comClear Channel Outdoor Pioneers Secure First-Party Data Collaboration for Brands to Activate Billboard Campaigns as Part of an Omni-Channel StrategySee 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 CCO Company Calendar Last Earnings8/07/2023Today9/24/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get 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 Forecast$1.66 High Stock Price Forecast$2.50 Low Stock Price Forecast$1.25 Forecasted Upside/Downside+10.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-96,600,000.00 Net Margins-0.53% Pretax Margin-3.92% Return on EquityN/A Return on Assets-1.52% Debt Debt-to-Equity RatioN/A Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$2.48 billion Price / Sales0.29 Cash Flow$0.50 per share Price / Cash Flow2.99 Book Value($6.85) per share Price / Book-0.22Miscellaneous Outstanding Shares482,910,000Free Float475,525,000Market Cap$724.37 million OptionableOptionable Beta2.56 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Scott R. Wells (Age 54)CEO, Pres & Director Comp: $2.61MMr. Brian D. Coleman (Age 57)Exec. VP & CFO Comp: $1.42MMr. Jason A. Dilger (Age 49)Sr. VP & Chief Accounting Officer Comp: $681.71kMs. Lynn A. Feldman (Age 54)Exec. VP, Chief Legal Officer & Corp. Sec. Comp: $1.33MMs. Eileen McLaughlinVP Investor RelationsMr. Eugene P. Leehan (Age 61)Exec. VP & Sr. Regional Pres of Clear Channel Outdoor America Ms. Michelle CostaRegional Pres of Clear Channel Outdoor-South CentralMr. Greg McGrathRegional Pres of Clear Channel Outdoor - Southern CaliforniaMr. Christian AaselundCTO & Exec. VP of Clear Channel Outdoor AmericasMr. Jason D. KingSr. VP of Corp. Communications & Marketing - Clear Channel Outdoor AmericasMore ExecutivesKey CompetitorsCipher MiningNASDAQ:CIFRCleanSparkNASDAQ:CLSKCRA InternationalNASDAQ:CRAIGreen DotNYSE:GDOTMatterportNASDAQ:MTTRView All CompetitorsInsiders & InstitutionsBarclays PLCSold 56,115 shares on 9/21/2023Ownership: 0.029%California State Teachers Retirement SystemSold 33,495 shares on 8/21/2023Ownership: 0.082%Gamco Investors INC. ET ALBought 16,000 shares on 8/15/2023Ownership: 0.494%Royal Bank of CanadaBought 18,986 shares on 8/15/2023Ownership: 0.009%Citadel Advisors LLCSold 4,700 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CCO Stock - 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 twelve months. 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 forecast for 2023? 3 Wall Street research analysts have issued 12 month price objectives for Clear Channel Outdoor's shares. Their CCO share price forecasts range from $1.25 to $2.50. On average, they expect the company's stock price to reach $1.66 in the next year. This suggests a possible upside of 10.8% 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 beginning of the year. Since then, CCO stock has increased by 42.9% and is now trading at $1.50. View the best growth stocks for 2023 here. Are investors shorting Clear Channel Outdoor? Clear Channel Outdoor saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 44,360,000 shares, an increase of 7.0% from the July 31st total of 41,440,000 shares. Based on an average trading volume of 2,530,000 shares, the short-interest ratio is currently 17.5 days. Currently, 10.0% of the shares of the company are short sold. 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, November 14th 2023. View our CCO earnings forecast. How were Clear Channel Outdoor's earnings last quarter? Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) issued its earnings results on Monday, August, 7th. The business services provider reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.02. The business services provider earned $637.20 million during the quarter, compared to analysts' expectations of $636.37 million. The company's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) earnings per share. What guidance has Clear Channel Outdoor issued on next quarter's earnings? Clear Channel Outdoor issued an update on its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $570.00 million-$600.00 million, compared to the consensus revenue estimate of $624.71 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). What is Clear Channel Outdoor's stock symbol? Clear Channel Outdoor trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCO." Who are Clear Channel Outdoor's major shareholders? Clear Channel Outdoor's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.80%), Charles Schwab Investment Management Inc. (2.59%), Geode Capital Management LLC (1.74%), State Street Corp (1.72%), JPMorgan Chase & Co. (1.53%) and Brigade Capital Management LP (1.53%). 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. What is Clear Channel Outdoor's stock price today? One share of CCO stock can currently be purchased for approximately $1.50. How much money does Clear Channel Outdoor make? Clear Channel Outdoor (NYSE:CCO) has a market capitalization of $724.37 million and generates $2.48 billion in revenue each year. The business services provider earns $-96,600,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. How many employees does Clear Channel Outdoor have? The company employs 4,700 workers across the globe. How can I contact Clear Channel Outdoor? Clear Channel Outdoor's mailing address is 4830 North Loop 1604 West Suite 111, San Antonio TX, 78249. The official website for the company is www.clearchanneloutdoor.com. The business services provider can be reached via phone at (210) 547-8800, via email at investorrelations@clearchannel.com, or via fax at 1-302-655-5049. This page (NYSE:CCO) was last updated on 9/24/2023 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. 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