Should I buy or sell Clear Channel Outdoor stock right now?

4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CCO shares. View CCO analyst ratings or view top-rated stocks .

What is Clear Channel Outdoor's stock price target for 2024?

4 brokerages have issued 12-month target prices for Clear Channel Outdoor's stock. Their CCO share price targets range from $1.40 to $2.75. On average, they predict the company's share price to reach $2.16 in the next twelve months. This suggests a possible upside of 46.1% 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 2024?

Clear Channel Outdoor's stock was trading at $1.82 on January 1st, 2024. Since then, CCO shares have decreased by 18.7% and is now trading at $1.48. View the best growth stocks for 2024 here .

Are investors shorting Clear Channel Outdoor?

Clear Channel Outdoor saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 26,540,000 shares, an increase of 11.0% from the March 15th total of 23,920,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is currently 11.2 days. Approximately 6.3% of the company's stock 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 Thursday, May 9th 2024. View our CCO earnings forecast .

How can I listen to Clear Channel Outdoor's earnings call?

Clear Channel Outdoor will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Clear Channel Outdoor's earnings last quarter?

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) released its earnings results on Monday, February, 26th. The business services provider reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The business services provider had revenue of $632.11 million for the quarter, compared to the consensus estimate of $611.62 million. During the same period in the previous year, the firm posted $0.24 EPS.

What guidance has Clear Channel Outdoor issued on next quarter's earnings?

Clear Channel Outdoor updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $465.0 million-$490.0 million, compared to the consensus revenue estimate of $461.5 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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CCO

Clear Channel Outdoor (CCO) Stock Price, News & Analysis

→ REVEALED: Elon Musk’s Secret A.I. Facility? (From InvestorPlace) (Ad)

Free CCO Stock Alerts

$1.48

-0.04 (-2.63%)

(As of 04/15/2024 ET)

Compare

Today's Range: $1.46
▼
$1.57
50-Day Range: $1.48
▼
$1.98
52-Week Range: $0.99
▼
$2.06

Volume: 2.20 million shs
Average Volume: 2.82 million shs
Market Capitalization: $715.91 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.16

Get Clear Channel Outdoor alerts:

Clear Channel Outdoor MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 46.1% Upside
$2.16 Price Target
Short Interest: Bearish
6.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.98
Based on 7 Articles This Week
Insider Trading: Selling Shares
$19,505 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.24) to ($0.15) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.38 out of 5 stars

Business Services Sector

252nd out of 318 stocks

Advertising Industry

7th out of 9 stocks

3.3

Analyst's Opinion

Consensus Rating
Clear Channel Outdoor has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Clear Channel Outdoor has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
6.34% of the float of Clear Channel Outdoor has been sold short.
Short Interest Ratio / Days to Cover
Clear Channel Outdoor has a short interest ratio ("days to cover") of 11.2, which indicates bearish sentiment.
Change versus previous month
Short interest in Clear Channel Outdoor has recently increased by 10.95%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Clear Channel Outdoor does not currently pay a dividend.
Dividend Growth
Clear Channel Outdoor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CCO.

2.8

News and Social Media Coverage

News Sentiment
Clear Channel Outdoor has a news sentiment score of 0.98. 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 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Clear Channel Outdoor this week, compared to 3 articles on an average week.
Search Interest
Only 10 people have searched for CCO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clear Channel Outdoor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,505.00 in company stock.
Percentage Held by Insiders
Only 7.20% of the stock of Clear Channel Outdoor is held by insiders.
Percentage Held by Institutions
85.52% of the stock of Clear Channel Outdoor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Clear Channel Outdoor are expected to grow in the coming year, from ($0.24) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clear Channel Outdoor is -2.28, 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. Sector
The P/E ratio of Clear Channel Outdoor is -2.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

Ad InvestorPlace

A.I. “Perfect Storm” Could Send THESE Stocks Sky High

A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

>>Check out what this A.I. Perfect Storm is<<

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, and Other segments. The company provides 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, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays. It offers solutions, such as RADARView, an audience and campaign planning tool, which analyzes historical mobile location data; RADARConnect, a campaign amplification solution that delivers ads across mobile and other devices to re-target audience groups exposed to an out-of-home advertisement; RADARProof, a campaign measurement and attribution solutions which analyzes anonymized and/or aggregated data; and RADARSync, a data integration platform that uses customer data across the tools for customized application of solutions to customers' specific audience targets and goals. In addition, the company 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 public. 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 incorporated in 1995 and is headquartered in San Antonio, Texas.

CCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CCO Stock News Headlines

April 12, 2024 | insidertrades.com

Insider Selling: Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Major Shareholder Sells 12,584 Shares of Stock

April 15, 2024 | americanbankingnews.com

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Short Interest Update

April 16, 2024 | InvestorPlace (Ad)

A.I. “Perfect Storm” Could Send THESE Stocks Sky High

A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

April 13, 2024 | americanbankingnews.com

Pacific Investment Management Sells 12,584 Shares of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Stock

April 11, 2024 | finance.yahoo.com

More than 30,000 Summer Learning Programs Now Available in a Nationwide Registry

April 8, 2024 | prnewswire.com

Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 First Quarter Earnings Release and Conference Call

April 7, 2024 | americanbankingnews.com

Clear Channel Outdoor (NYSE:CCO) Shares Down 3.4%

April 3, 2024 | finance.yahoo.com

Clear Channel Outdoor Holdings, Inc. (CCO)

April 16, 2024 | InvestorPlace (Ad)

Elon Musk’s ChatGPT Could Soon Mint New Millionaires

Elon Musk made $180 million on PayPal… $47 Billion on SpaceX…and $94.2 Billion on Tesla. He’s about to shock the world again with his version of ChatGPT.

March 25, 2024 | finance.yahoo.com

Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes

March 19, 2024 | finance.yahoo.com

Insiders At Clear Channel Outdoor Holdings See Good Returns After Buying Stock Worth US$27.8m

March 16, 2024 | finance.yahoo.com

CCO Apr 2024 2.000 put

March 16, 2024 | finance.yahoo.com

CCO Apr 2024 2.000 call

March 16, 2024 | finance.yahoo.com

CCO Apr 2024 3.000 put

March 6, 2024 | markets.businessinsider.com

Buy Rating Affirmed: Clear Channel Outdoor’s Strategic Debt Management and Financial Prudence

March 4, 2024 | finance.yahoo.com

Clear Channel Outdoor Holdings, Inc. Announces Pricing of Senior Secured Notes Due 2030

February 27, 2024 | markets.businessinsider.com

Buy Rating Affirmed: Clear Channel Outdoor’s Strategic Focus and Digital Transformation Signal Upside Potential

February 27, 2024 | markets.businessinsider.com

Buy Rating on Clear Channel Outdoor Supported by Q4 Growth and Strong Financial Outlook

February 27, 2024 | markets.businessinsider.com

Clear Channel Outdoor Poised for Growth: Vitanza Issues Buy Rating with Increased Price Target

February 27, 2024 | finance.yahoo.com

Clear Channel Outdoor Holdings Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

February 27, 2024 | msn.com

Clear Channel Outdoor announces proposed offering of senior secured notes

February 26, 2024 | finance.yahoo.com

Q4 2023 Clear Channel Outdoor Holdings Inc Earnings Call

February 26, 2024 | markets.businessinsider.com

Clear Channel Outdoor To Offer $865 Mln Of Senior Secured Notes; Stock Up In Pre-market

February 26, 2024 | seekingalpha.com

Clear Channel Outdoor Holdings, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 26, 2024 | finance.yahoo.com

Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes

February 26, 2024 | prnewswire.com

Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes

February 26, 2024 | gurufocus.com

Clear Channel Outdoor Holdings Inc Reports Double-Digit Revenue Growth in Q4 2023

See 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.

Company Calendar

Last Earnings: 2/26/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Advertising
Sub-Industry: Advertising
Current Symbol: NYSE:CCO
CUSIP: 18451C10
CIK: 1334978
Web: www.clearchanneloutdoor.com
Phone: (210) 547-8800
Fax: 1-302-655-5049
Employees: 3,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.16
High Stock Price Target: $2.75
Low Stock Price Target: $1.40
Potential Upside/Downside: +46.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-310,920,000.00
Net Margins: -13.28%
Pretax Margin: -8.20%
Return on Equity: N/A
Return on Assets: -3.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.08
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $2.13 billion
Price / Sales: 0.34
Cash Flow: $0.06 per share
Price / Cash Flow: 23.75
Book Value: ($6.98) per share
Price / Book: -0.21

Miscellaneous

Outstanding Shares: 483,720,000
Free Float: 448,892,000
Market Cap: $715.91 million
Optionable: Optionable
Beta: 2.88

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Scott R. Wells (Age 55)
CEO, President & Director
Comp: $2.61M
Mr. Jason A. Dilger (Age 50)
Senior VP & Chief Accounting Officer
Comp: $681.71k
Ms. Lynn A. Feldman (Age 55)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $1.33M
Mr. Brian D. Coleman (Age 58)
Consultant
Comp: $1.42M
Mr. David J. Sailer (Age 49)
Executive VP & CFO
Ms. Eileen McLaughlin
Vice President of Investor Relations
Ms. Karis McLarty
Corporate Compliance Officer
Mr. Eugene P. Leehan (Age 62)
Executive VP & Senior Regional President of Clear Channel Outdoor America
Ms. Michelle Costa
Regional President of Clear Channel Outdoor-South Central
Mr. Greg McGrath
Regional President of Clear Channel Outdoor - Southern California

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Clear Channel Outdoor stock right now?: 4 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 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CCO shares.
View CCO analyst ratings or view top-rated stocks.
What is Clear Channel Outdoor's stock price target for 2024?: 4 brokerages have issued 12-month target prices for Clear Channel Outdoor's stock. Their CCO share price targets range from $1.40 to $2.75. On average, they predict the company's share price to reach $2.16 in the next twelve months. This suggests a possible upside of 46.1% 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 2024?: Clear Channel Outdoor's stock was trading at $1.82 on January 1st, 2024. Since then, CCO shares have decreased by 18.7% and is now trading at $1.48.
View the best growth stocks for 2024 here.
Are investors shorting Clear Channel Outdoor?: Clear Channel Outdoor saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 26,540,000 shares, an increase of 11.0% from the March 15th total of 23,920,000 shares. Based on an average daily volume of 2,380,000 shares, the days-to-cover ratio is currently 11.2 days. Approximately 6.3% of the company's stock 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 Thursday, May 9th 2024.
View our CCO earnings forecast.
How can I listen to Clear Channel Outdoor's earnings call?: Clear Channel Outdoor will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Clear Channel Outdoor's earnings last quarter?: Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) released its earnings results on Monday, February, 26th. The business services provider reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The business services provider had revenue of $632.11 million for the quarter, compared to the consensus estimate of $611.62 million. During the same period in the previous year, the firm posted $0.24 EPS.
What guidance has Clear Channel Outdoor issued on next quarter's earnings?: Clear Channel Outdoor updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $465.0 million-$490.0 million, compared to the consensus revenue estimate of $461.5 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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CCO) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

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

Clear Channel Outdoor (CCO) Stock Price, News & Analysis

Clear Channel Outdoor MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Clear Channel Outdoor Stock (NYSE:CCO)

CCO Stock Price History

CCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™