Clear Channel Outdoor Holdings, Inc. (CCO)

NYSE: CCO · IEX Real-Time Price · USD
1.58
+0.13 (8.97%)
At close: Dec 1, 2023, 4:00 PM
1.57
-0.01 (-0.57%)
After-hours: Dec 1, 2023, 7:54 PM EST
8.97%
Market Cap 763.16M
Revenue (ttm) 2.42B
Net Income (ttm) -237.01M
Shares Out 483.01M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,203,127
Open 1.44
Previous Close 1.45
Day's Range 1.42 - 1.60
52-Week Range 0.95 - 2.14
Beta 2.62
Analysts Hold
Price Target 1.73 (+9.49%)
Earnings Date Nov 8, 2023

About 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, 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 ... [Read more]

IPO Date Nov 11, 2005
Employees 4,700
Stock Exchange NYSE
Ticker Symbol CCO
Full Company Profile

Financial Performance

In 2022, CCO's revenue was $2.48 billion, an increase of 10.71% compared to the previous year's $2.24 billion. Losses were -$96.60 million, -77.73% less than in 2021.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CCO stock is "Hold." The 12-month stock price forecast is $1.73, which is an increase of 9.49% from the latest price.

Price Target
$1.73
(9.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Student Freedom Initiative, Clear Channel Outdoor Connect MSI Students with Career Development Opportunities and Resources to Fund Their Education

WASHINGTON--(BUSINESS WIRE)--Today, Student Freedom Initiative announced a long-term strategic partnership with Clear Channel Outdoor to engage HBCU students through Clear Channel's internship program...

6 days ago - Business Wire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE BofA SECURITIES LEVERAGED FINANCE CONFERENCE

SAN ANTONIO , Nov. 14, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Brian Coleman, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., and Da...

19 days ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN WELLS FARGO'S 7TH ANNUAL TMT SUMMIT

SAN ANTONIO , Nov. 14, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc., is scheduled...

19 days ago - PRNewsWire

USO and Clear Channel Outdoor Launch New Digital OOH Campaign Supporting People Who Serve in Our U.S. Military

Digital billboards nationwide invite Americans to support all service members and their families. ARLINGTON, Va.

24 days ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. REPORTS RESULTS FOR THE THIRD QUARTER OF 2023

SAN ANTONIO , Nov. 8, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended September 30, 2023. "We delivered thi...

25 days ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Clear Channel Outdoor Holdings, Inc. - CCO

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Clear Channel Outdoor Holdings, Inc. ("Clear Channel" or the "Company") (NYSE: CCO). Such invest...

4 weeks ago - PRNewsWire

Clear Channel Outdoor Holdings, Inc. Completes Sale of Clear Channel France to Equinox Industries; Initiates Process to Sell its Europe-North Segment Businesses and Strategic Review of its Latin American Businesses

Moves Europe-South Segment to Discontinued Operations SAN ANTONIO , Oct. 31, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has closed th...

4 weeks ago - PRNewsWire

Clear Channel Outdoor Holdings, Inc. Signs Share Purchase Agreement to Sell its France Business to Equinox Industries

France Business Looking to Strengthen its Leadership Position in the Outdoor Advertising Market Under Local Ownership SAN ANTONIO , Oct. 18, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (...

6 weeks ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES DATE FOR 2023 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

SAN ANTONIO , Oct. 10, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2023 third quarter results before the market opens on Wednesday, November 8, 2...

7 weeks ago - PRNewsWire

CCO INVESTOR NEWS: ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Clear Channel Outdoor Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - CCO

NEW YORK , Oct. 8, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of investors of Clear Channel Outdoor Ho...

2 months ago - PRNewsWire

CLEAR CHANNEL ALERT: Bragar Eagel & Squire, P.C. is Investigating Clear Channel Outdoor Holdings, Inc. on Behalf of Clear Channel Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Clear Channel Outdoor Holdings, Inc. (“Clear...

2 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Clear Channel Outdoor Holdings, Inc. (CCO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Clear Channel Out...

2 months ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Clear Channel Outdoor Holdings, Inc. (CCO) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Clear Channel Outdoor Holdings, Inc. (“Clear Channel” or the “Company”) (NYSE: CCO) investors con...

2 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Clear Channel Outdoor Holdings, Inc. (CCO) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Clear Channel Outdoor Holdings, Inc. (“Clear Channel” or the “Company”) (NYSE: CCO) on behalf of investors ...

2 months ago - Business Wire

Digital Billboards Across Nation Will Shine a Light on the Many Ways Afterschool Programs Support Students, Families, Schools, and Communities

Clear Channel Outdoor Will Support the 24th Annual Lights On Afterschool With Coast-to-Coast Digital Billboard Campaign on October 26 th WASHINGTON , Oct. 4, 2023 /PRNewswire/ -- Afterschool champions...

2 months ago - PRNewsWire

ROSEN, A LEADING LAW FIRM, Encourages Clear Channel Outdoor Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – CCO

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Clear Channel Outdoor Holdings...

2 months ago - Business Wire

Clear Channel Outdoor Holdings, Inc. Reaches Settlement with the U.S. Securities and Exchange Commission

SAN ANTONIO , Sept. 28, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has reached a settlement with the U.S. Securities and Exchange Com...

2 months ago - PRNewsWire

SEC says Clear Channel Outdoor Holdings settles charges of bribing Chinese officials

The U.S. Securities and Exchange Commission said on Thursday that advertising company Clear Channel Outdoor Holdings agreed to pay more than $26 million to resolve charges it bribed Chinese government...

2 months ago - Reuters

Clear Channel Outdoor Waves Green Flag on Larger than Life Out of Home Spectaculars at the Westin Las Vegas Hotel Offering Mega Brand Visibility for Formula 1 and Beyond

Transformative New Displays Located Along F1 Vegas Grand Prix Track, Brands to Reach Record Breaking Number of Affluent Audiences & International Travelers NEW YORK , Sept. 26, 2023 /PRNewswire/ -- Cl...

2 months ago - PRNewsWire

Clear Channel Outdoor's Immersive Showcase Shelters in Los Angeles Boost Street-Level Reach & Impact for Advertisers

Clean California is First Brand to Activate Ad Campaign on Newly Launched Transit Shelters in Los Angeles, Connecting with Frequent Commuters & Residents Across the Region LOS ANGELES, Sept. 21, 2023 ...

2 months ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN THE DEUTSCHE BANK LEVERAGED FINANCE CONFERENCE

SAN ANTONIO , Sept. 18, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Brian Coleman, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. and Da...

2 months ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. TO PARTICIPATE IN CITI'S 2023 GLOBAL TECHNOLOGY AND GEMS CONFERENCE

SAN ANTONIO , Aug. 16, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc., and Bria...

3 months ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES PRICING OF OFFERING OF SENIOR SECURED NOTES DUE 2028

SAN ANTONIO, Aug. 8, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it priced an offering (the "Offering") of $750,000,000 aggregate princip...

4 months ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES PROPOSED PRIVATE OFFERING OF SENIOR SECURED NOTES

SAN ANTONIO , Aug. 8, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") announced today that it will offer, subject to market and customary conditions, $500,000,000...

4 months ago - PRNewsWire

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. REPORTS RESULTS FOR THE SECOND QUARTER OF 2023

SAN ANTONIO , Aug. 7, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2023. "We delivered improved...

4 months ago - PRNewsWire