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 data on Thursday, February, 27th. The business services provider reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.09. The business services provider earned $745.23 million during the quarter, compared to analysts' expectations of $735.88 million. View CLEAR CHANNEL O/SH's Earnings History.

CLEAR CHANNEL O/SH is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for CLEAR CHANNEL O/SH.

7 Wall Street analysts have issued 12 month target prices for CLEAR CHANNEL O/SH's stock. Their forecasts range from $2.70 to $16.00. On average, they expect CLEAR CHANNEL O/SH's stock price to reach $5.87 in the next twelve months. This suggests a possible upside of 183.4% 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.

Media headlines about CCO stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CLEAR CHANNEL O/SH earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, meaning 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 decrease in short interest in January. As of January 31st, there was short interest totalling 5,470,000 shares, a decrease of 58.4% from the January 15th total of 13,150,000 shares. Based on an average daily 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 sold short. 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), Lamar Advertising (LAMR), Interpublic Group of Companies (IPG), 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 a number of of retail and institutional investors. Top institutional investors 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 $2.07.

CLEAR CHANNEL O/SH has a market capitalization of $964.78 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]