Clear Channel Outdoor Holdings Inc (NYSE:CCO) has a beta value of 2.57 and has seen 1.23 million shares traded in the last trading session. The company, currently valued at $472.39M, closed the last trade at $0.95 per share which meant it lost -$0.01 on the day or -0.66% during that session. The CCO stock price is -97.89% off its 52-week high price of $1.88 and 14.74% above the 52-week low of $0.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.27 million shares traded. The 3-month trading volume is 1.81 million shares.

The consensus among analysts is that Clear Channel Outdoor Holdings Inc (CCO) is Buy stock at the moment, with a recommendation rating of 2.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

Clear Channel Outdoor Holdings Inc (NYSE:CCO) trade information

Sporting -0.66% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CCO stock price touched $0.95 or saw a rise of 7.77%. Year-to-date, Clear Channel Outdoor Holdings Inc shares have moved -30.57%, while the 5-day performance has seen it change -7.65%. Over the past 30 days, the shares of Clear Channel Outdoor Holdings Inc (NYSE:CCO) have changed -15.07%. Short interest in the company has seen 35.8 million shares shorted with days to cover at 19.04.

Wall Street analysts have a consensus price target for the stock at $3.25, which means that the shares’ value could jump 70.77% from current levels. The projected low price target is $3.25 while the price target rests at a high of $3.25. In that case, then, we find that the current price level is -242.11% off the targeted high while a plunge would see the stock gain -242.11% from current levels.

Clear Channel Outdoor Holdings Inc (CCO) estimates and forecasts

The company’s shares have lost -40.18% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.14%.

5 analysts offering their estimates for the company have set an average revenue estimate of 337.22M for the current quarter. 4 have an estimated revenue figure of 396.38M for the next ending quarter. Year-ago sales stood 481.75M and 558.54M respectively for this quarter and the next, and analysts expect sales will shrink by -30.00% for the current quarter and 5.14% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.67% over the past 5 years. Earnings growth for 2025 is a modest 39.20% while over the next 5 years, the company’s earnings are expected to increase by 45.72%.

CCO Dividends

Clear Channel Outdoor Holdings Inc is expected to release its next earnings report on 2025-Feb-23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Clear Channel Outdoor Holdings Inc (NYSE:CCO)’s Major holders

Insiders own 17.63% of the company shares, while shares held by institutions stand at 83.31% with a share float percentage of 101.15%. Investors are also buoyed by the number of investors in a company, with Clear Channel Outdoor Holdings Inc having a total of 232.0 institutions that hold shares in the company. The top two institutional holders are ALLIANZ ASSET MANAGEMENT GMBH with over 104.86 million shares worth more than $147.85 million. As of 2024-06-30, ALLIANZ ASSET MANAGEMENT GMBH held 21.6778% of shares outstanding.

The other major institutional holder is ARES MANAGEMENT LLC, with the holding of over 55.83 million shares as of 2024-06-30. The firm’s total holdings are worth over $78.72 million and represent 11.4231% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are PIMCO Funds-PIMCO Income Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 10.24% shares in the company for having 50.86 shares of worth $48.38 million while later fund manager owns 9.78 shares of worth $9.3 million as of Dec 31, 2024 , which makes it owner of about 1.97% of company’s outstanding stock.