NYSE:CCO - CLEAR CHANNEL O/SH Stock Price, Forecast & News

CLEAR CHANNEL O/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCO."

CLEAR CHANNEL O/SH (NYSE:CCO) released its quarterly earnings results on Wednesday, November, 6th. The business services provider reported ($0.46) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.10) by $0.36. The business services provider earned $653.45 million during the quarter, compared to analysts' expectations of $655.36 million. View CLEAR CHANNEL O/SH's Earnings History.

CLEAR CHANNEL O/SH is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for CLEAR CHANNEL O/SH.

7 brokerages have issued twelve-month price objectives for CLEAR CHANNEL O/SH's stock. Their forecasts range from $2.70 to $16.00. On average, they anticipate CLEAR CHANNEL O/SH's stock price to reach $5.87 in the next year. This suggests a possible upside of 174.1% from the stock's current price. View Analyst Price Targets for CLEAR CHANNEL O/SH.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CLEAR CHANNEL O/SH in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CLEAR CHANNEL O/SH.

News coverage about CCO stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. CLEAR CHANNEL O/SH earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for CLEAR CHANNEL O/SH.

CLEAR CHANNEL O/SH saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 5,470,000 shares, a drop of 58.4% from the January 15th total of 13,150,000 shares. Based on an average trading volume of 2,050,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.2% of the shares of the company are short sold. View CLEAR CHANNEL O/SH's Current Options Chain.

Some companies that are related to CLEAR CHANNEL O/SH include Alphabet (GOOG), Omnicom Group (OMC), Interpublic Group of Companies (IPG), Lamar Advertising (LAMR), National CineMedia (NCMI), MDC Partners (MDCA) and Harte Hanks (HHS).

Based on aggregate information from My MarketBeat watchlists, some companies that other CLEAR CHANNEL O/SH investors own include Metlife (MET), Outfront Media (OUT), Brighthouse Financial (BHF), AT&T (T), iShares 3-7 Year Treasury Bond ETF (IEI), Mattel (MAT), Netflix (NFLX), Energy Transfer LP Unit (ET), iShares California Muni Bond ETF (CMF) and Activision Blizzard (ATVI).

CLEAR CHANNEL O/SH's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Citigroup Inc. (3.89%), FMR LLC (2.42%), Honeycomb Asset Management LP (2.30%), Marathon Asset Management LP (2.25%), Symphony Asset Management LLC (1.74%) and Eaton Vance Management (1.26%). Company insiders that own CLEAR CHANNEL O/SH stock include Brian D Coleman, Christopher William Eccleshare, Pacific Investment Management, Scott Wells and W Benjamin Moreland. View Institutional Ownership Trends for CLEAR CHANNEL O/SH.

CCO stock was sold by a variety of institutional investors in the last quarter, including Third Point LLC, Benefit Street Partners LLC, Marathon Asset Management LP, Eaton Vance Management, Barclays PLC, Magnetar Financial LLC, Fiera Capital Corp and Oxford Asset Management LLP. Company insiders that have sold CLEAR CHANNEL O/SH company stock in the last year include Christopher William Eccleshare and Pacific Investment Management. View Insider Buying and Selling for CLEAR CHANNEL O/SH.

CCO stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., Honeycomb Asset Management LP, FMR LLC, Pacer Advisors Inc., State Street Corp, Gabelli Funds LLC, Alpine Global Management LLC and Credit Suisse AG. Company insiders that have bought CLEAR CHANNEL O/SH stock in the last two years include Brian D Coleman, Scott Wells and W Benjamin Moreland. View Insider Buying and Selling for CLEAR CHANNEL O/SH.

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

One share of CCO stock can currently be purchased for approximately $2.14.

CLEAR CHANNEL O/SH has a market capitalization of $997.40 million and generates $2.72 billion in revenue each year. The business services provider earns $-218,240,000.00 in net income (profit) each year or ($0.58) on an earnings per share basis. CLEAR CHANNEL O/SH employs 5,800 workers across the globe.View Additional Information About CLEAR CHANNEL O/SH.

The official website for CLEAR CHANNEL O/SH is http://www.clearchanneloutdoor.com/.

CLEAR CHANNEL O/SH's mailing address is 4830 North Loop 1604 West Suite 111, San Antonio TX, 78249. The business services provider can be reached via phone at 210-547-8800 or via email at [email protected]