Clear Channel Outdoor Holdings Inc. (NYSE:CCO)’s traded shares stood at 1.31 million during the last session, with the company’s beta value hitting 2.91. At the close of trading, the stock’s price was $1.44, to imply an increase of 0.70% or $0.01 in intraday trading. The CCO share’s 52-week high remains $2.06, putting it -43.06% down since that peak but still an impressive 31.25% since price per share fell to its 52-week low of $0.99. The company has a valuation of $696.56M, with an average of 2.49 million shares over the past 3 months.
Clear Channel Outdoor Holdings Inc. (NYSE:CCO) trade information
After registering a 0.70% upside in the last session, Clear Channel Outdoor Holdings Inc. (CCO) has traded red over the past five days. The stock hit a weekly high of 1.5800, jumping 0.70% in its intraday price action. The 5-day price performance for the stock is -8.28%, and -7.69% over 30 days. With these gigs, the year-to-date price performance is -20.88%.
Clear Channel Outdoor Holdings Inc. (CCO) estimates and forecasts
Looking at statistics comparing Clear Channel Outdoor Holdings Inc. share performance against respective industry, we note that the company has outperformed competitors. Clear Channel Outdoor Holdings Inc. (CCO) shares are 21.01% up over the last 6 months, with its year-to-date growth rate higher than industry average at 63.08% against 10.00%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 8.15% for the past 5-year period. While 2024 is set for a 65.59% return in earnings, projections for the next 5 years are at 7.00% annually.
CCO Dividends
Clear Channel Outdoor Holdings Inc. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Clear Channel Outdoor Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
