Clear Channel Outdoor HoldingsCCO
CCO
About: Clear Channel Outdoor Holdings Inc is a provider of out-of-home advertising solutions. The company offers advertisers an opportunity to reach mass audiences across various high-traffic public spaces, by using its diverse portfolio of assets including roadside billboards, street furniture, and airport displays. Its reportable segments are; America (U.S. operations excluding airports), Airports (U.S. and Caribbean airport operations), and Other. A majority of its revenue is generated from the America segment which generates revenue from the sale of advertising on printed and digital out-of-home advertising displays such as bulletins, posters, street furniture, and others. Geographically, the company generates maximum revenue from the United States followed by Singapore.
Employees: 4,100
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
2,050% more call options, than puts
Call options by funds: $43K | Put options by funds: $2K
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
1.98% less ownership
Funds ownership: 85.03% [Q3] → 83.05% (-1.98%) [Q4]
3% less funds holding
Funds holding: 179 [Q3] → 173 (-6) [Q4]
16% less capital invested
Capital invested by funds: $665M [Q3] → $556M (-$108M) [Q4]
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$2
75%
upside
Avg. target
$2
75%
upside
High target
$2
75%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Barrington Research James Goss 57% 1-year accuracy 55 / 97 met price target | 75%upside $2 | Outperform Maintained | 25 Feb 2025 |
Financial journalist opinion
Based on 5 articles about CCO published over the past 30 days
Neutral
PRNewsWire
2 weeks ago
Clear Channel Outdoor Holdings, Inc. Receives Regulatory Clearances and Approvals for Sale of its Europe-North Segment to a Subsidiary of Bauer Media Group
SAN ANTONIO , March 10, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced receipt of all regulatory clearances and approvals required with respect to the consummation of the sale of the Company's Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group. The consummation of the sale remains subject to the delivery of certain customary closing items by the parties as set forth in the related share purchase agreement.
Neutral
PRNewsWire
2 weeks ago
Clear Channel Outdoor Appoints Eric Hamme as Chicago Market President
19-Year Ad Sales Veteran Will Drive Strategic Business Growth and Out-of-Home Innovation in the Nation's Third-Largest Media Market CHICAGO , March 7, 2025 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA), (NYSE: CCO), announced today it has appointed Eric Hamme as president of its Chicago market, the third-largest media market in the U.S. In this role, Hamme will oversee all aspects of the market's operations, including sales, marketing, real estate, public affairs, operations and finance. Hamme is a seasoned advertising and sales leader with more than 19 years' experience in developing customer-centric strategies that drive revenue at the local, regional and national levels.
Neutral
PRNewsWire
3 weeks ago
Clear Channel Outdoor Holdings, Inc. to Participate in Deutsche Bank's 33rd Annual Media, Internet & Telecom Conference
SAN ANTONIO , March 5, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., is scheduled to present at Deutsche Bank's 33rd Annual Media, Internet & Telecom Conference on Tuesday, March 11, 2025, at 1:00 p.m., Eastern Time.
Neutral
Seeking Alpha
4 weeks ago
Clear Channel Outdoor Holdings, Inc. (CCO) Q4 2024 Earnings Call Transcript
Clear Channel Outdoor Holdings, Inc. (NYSE:CCO ) Q4 2024 Earnings Conference Call February 24, 2025 8:30 AM ET Company Participants Eileen McLaughlin - Vice President, Investor Relations Scott Wells - Chief Executive Officer David Sailer - Chief Financial Officer Conference Call Participants Cameron McVeigh - Morgan Stanley Daniel Osley - Wells Fargo Jonnathan Navarrete - TD Cowen Avi Steiner - JPMorgan Patrick Sholl - Barrington Research Operator Ladies and gentlemen, thank you for standing by. Welcome to Clear Channel Outdoor Holdings, Inc. 2024 Fourth Quarter Earnings Conference Call.
Neutral
PRNewsWire
4 weeks ago
Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2024
SAN ANTONIO , Feb. 24, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter and year ended December 31, 2024. "With the announced agreement to sell our Europe-North segment as well as the sale of our businesses in Mexico, Chile and Peru, we continue to execute on our plan to focus on our higher margin U.S. markets," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "We are following a path aimed at enhancing our ability to drive organic cash flow with the ultimate goal of reducing leverage on our balance sheet.
Positive
Zacks Investment Research
1 month ago
Countdown to Clear Channel Outdoor (CCO) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Clear Channel Outdoor (CCO), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Neutral
PRNewsWire
1 month ago
Clear Channel Outdoor Holdings, Inc. to Participate in Morgan Stanley's Technology, Media & Telecom Conference
SAN ANTONIO , Feb. 14, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. and Clear Channel Outdoor Americas, is scheduled to present at Morgan Stanley's Technology, Media & Telecom Conference on Tuesday, March 4, 2025, at 2:35 p.m., Pacific Time.
Neutral
PRNewsWire
1 month ago
Clear Channel Outdoor Holdings, Inc. to Participate in J.P. Morgan's 2025 Global Leveraged Finance Conference
SAN ANTONIO, Feb. 14, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. and Clear Channel Outdoor Americas, and David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at J.P. Morgan's 2025 Global Leveraged Finance Conference on Tuesday, February 25, 2025, at 8:45 a.m.
Neutral
PRNewsWire
1 month ago
Clear Channel Outdoor Holdings, Inc. Sells Businesses in Mexico, Peru and Chile to Global Media US LLC
SAN ANTONIO , Feb. 6, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced it has completed the sale of its businesses in Mexico, Peru and Chile to Global Media US LLC, doing business as Global Vía Pública in a simultaneous sign and close transaction. The Company has received $20 million cash at closing based on a $34 million Enterprise Value.
Neutral
PRNewsWire
2 months ago
Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 Fourth Quarter Earnings Release and Conference Call
SAN ANTONIO , Jan. 23, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 fourth quarter results before the market opens on Monday, February 24, 2025, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m.
Charts implemented using Lightweight Charts™