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

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$5.21 -0.01 (-0.19 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$5.22
Today's Range$5.17 - $5.37
52-Week Range$4.22 - $6.38
Volume93,300 shs
Average Volume74,561 shs
Market Capitalization$1.90 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.09
Clear Channel Outdoor Holdings, Inc., an outdoor advertising company, owns and operates advertising display faces in the United States and internationally. It operates in two segments, Americas Outdoor Advertising and International Outdoor Advertising. The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; and other displays comprising spectaculars and wallscapes, as well as retail and other small displays. It also provides street furniture equipment, cleaning and maintenance services, and production and creative services; and operates SmartBike bicycle rental program, which provides bicycles for rent to the general public in various municipalities. The company serves the business service, retail, healthcare and medical, media, restaurant, entertainment, telecommunications, Internet and e-commerce, and food and food product industries. As of December 31, 2017, it owned or operated approximately 570,000 advertising displays. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. The company was incorporated in 1995 and is headquartered in San Antonio, Texas. Clear Channel Outdoor Holdings, Inc. is a subsidiary of iHeartCommunications, Inc.

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Industry, Sector and Symbol

Industry Advertising
Sub-IndustryAdvertising
SectorBusiness Services
CUSIP18451C10
Phone210-832-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.59 billion
Book Value($5.06) per share

Profitability

Net Income$-639,710,000.00

Miscellaneous

Employees5,700
Market Cap$1.90 billion
OptionableOptionable

Clear Channel Outdoor (NYSE:CCO) Frequently Asked Questions

What is Clear Channel Outdoor's stock symbol?

Clear Channel Outdoor trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCO."

How were Clear Channel Outdoor's earnings last quarter?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) announced its quarterly earnings data on Thursday, August, 4th. The business services provider reported ($0.19) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.22. The business services provider earned $712.15 million during the quarter, compared to analysts' expectations of $721.57 million. View Clear Channel Outdoor's Earnings History.

When is Clear Channel Outdoor's next earnings date?

Clear Channel Outdoor is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Clear Channel Outdoor.

What price target have analysts set for CCO?

3 brokerages have issued 1-year price targets for Clear Channel Outdoor's shares. Their predictions range from $17.50 to $17.50. On average, they anticipate Clear Channel Outdoor's stock price to reach $17.50 in the next year. This suggests a possible upside of 235.9% from the stock's current price. View Analyst Price Targets for Clear Channel Outdoor.

What is the consensus analysts' recommendation for Clear Channel Outdoor?

3 Wall Street 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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Clear Channel Outdoor.

What are Wall Street analysts saying about Clear Channel Outdoor stock?

Here are some recent quotes from research analysts about Clear Channel Outdoor 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. " (1/15/2019)
  • 2. Barrington Research analysts commented, "We maintain our MARKET PERFORM rating: The performance of the stock remains significantly influenced by structural and financial issues, including the sale of properties. Following many years of uncertainty, there appears to be an increasing opportunity that a resolution could be developed that would eventually result in separate, publicly-traded entities in the outdoor and radio broadcasting industries, with lHeart expected to exit bankruptcy in the first quarter of 2019. This development could be a major plus for CCO. Holdings, Inc. is an outdoor advertising company, which engages in the provision of advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays. It operates its business through the Outdoor segment." (11/15/2018)

Has Clear Channel Outdoor been receiving favorable news coverage?

Press coverage about CCO stock has been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Clear Channel Outdoor earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are some of Clear Channel Outdoor's key competitors?

Who are Clear Channel Outdoor's key executives?

Clear Channel Outdoor's management team includes the folowing people:
  • Mr. Robert W. Pittman, Exec. Chairman & CEO (Age 65)
  • Mr. Richard J. Bressler, Pres & CFO (Age 62)
  • Mr. Steven J. Macri, Sr. VP of Corp. Fin. (Age 50)
  • Mr. Scott R. Wells, Chief Exec. Officer of Clear Channel Outdoor Americas (Age 50)
  • Mr. Christopher William Eccleshare, Chairman & CEO of Clear Channel Outdoor International (Age 63)

Who are Clear Channel Outdoor's major shareholders?

Clear Channel Outdoor's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Gabelli Funds LLC (0.85%), BlackRock Inc. (0.77%), Gamco Investors INC. ET AL (0.75%), Canyon Capital Advisors LLC (0.58%), Barclays PLC (0.45%) and Dimensional Fund Advisors LP (0.16%). View Institutional Ownership Trends for Clear Channel Outdoor.

Which institutional investors are selling Clear Channel Outdoor stock?

CCO stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Canyon Capital Advisors LLC, Two Sigma Investments LP, Alta Fundamental Advisers LLC, Bank of New York Mellon Corp, New York State Common Retirement Fund, Appleton Partners Inc. MA and Two Sigma Advisers LP. View Insider Buying and Selling for Clear Channel Outdoor.

Which institutional investors are buying Clear Channel Outdoor stock?

CCO stock was purchased by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Dupont Capital Management Corp, Zazove Associates LLC, Gabelli Funds LLC, D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, Geode Capital Management LLC and MetLife Investment Advisors LLC. View Insider Buying and Selling for Clear Channel Outdoor.

How do I buy shares of Clear Channel Outdoor?

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, Scottrade, Fidelity and Charles Schwab.

What is Clear Channel Outdoor's stock price today?

One share of CCO stock can currently be purchased for approximately $5.21.

How big of a company is Clear Channel Outdoor?

Clear Channel Outdoor has a market capitalization of $1.90 billion and generates $2.59 billion in revenue each year. Clear Channel Outdoor employs 5,700 workers across the globe.

What is Clear Channel Outdoor's official website?

The official website for Clear Channel Outdoor is http://clearchanneloutdoor.com.

How can I contact Clear Channel Outdoor?

Clear Channel Outdoor's mailing address is 20880 Stone Oak Parkway, San Antonio TX, 78258. The business services provider can be reached via phone at 210-832-3700.


MarketBeat Community Rating for Clear Channel Outdoor (NYSE CCO)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  683
MarketBeat's community ratings are surveys of what our community members think about Clear Channel Outdoor and other stocks. Vote "Outperform" if you believe CCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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