Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. It operates through two segments, Americas and Europe. The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; spectaculars, which are customized display structures that incorporate videos, multidimensional lettering and figures, mechanical devices and moving parts, and other embellishments; wallscape, a display that drapes over or is suspended from the sides of buildings or other structures; and retail and other small displays. It also provides street furniture equipment, cleaning and maintenance services, and production and creative services; and a public bicycle rental program, which offers bicycles for rent to the general public in various municipalities. The company serves retail, food/food products, entertainment, and telecommunications. As of December 31, 2020, it owned or operated approximately 71,000 advertising displays in the Americas; and 430,000 advertising displays in Europe. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. The company was founded in 1901 and is headquartered in San Antonio, Texas.
IPO Year: 2005
Exchange: NYSE
Website: clearchanneloutdoor.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/19/2024 | $2.75 → $1.75 | Overweight → Equal Weight | Wells Fargo |
12/20/2023 | $1.50 → $2.75 | Equal Weight → Overweight | Wells Fargo |
7/8/2022 | $4.00 → $1.50 | Overweight → Equal Weight | Wells Fargo |
1/24/2022 | $3.50 → $3.75 | Equal-Weight | Morgan Stanley |
11/11/2021 | $5.00 | Mkt Perform → Outperform | Barrington Research |
11/1/2021 | $26.00 → $29.00 | Sector Perform | RBC Capital |
10/18/2021 | $2.00 → $2.50 | Equal-Weight | Barclays |
9/28/2021 | $35.00 | Hold → Buy | TD Securities |
9/3/2021 | $17.00 → $26.00 | Underperform → Sector Perform | RBC Capital |
9/1/2021 | $27.00 → $38.00 | Buy | GLJ Research |
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. Eastern Time. The conference call number is 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other ap
Clear Channel's Innovative Sales Approach, Ad Network Will Bring All-New Customized and Impactful Brand Experiences to HSV's 1.5 Million Annual Passengers NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Clear Channel Outdoor's Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), today announced that it has been awarded a 10-year partnership extension through a competitive RFP process with Huntsville-Madison County Airport Authority to provide the latest high-tech media for Huntsville International Airport (HSV). This new airport advertising concession deal continues a relationship that began in 1989, extending a 35-year partnership between Clea
National Volunteer Outreach Campaign Features Big Brothers Big Sisters of America's Newest Cohort of 'Game Changers,' a Powerful Collective of Women Leaders Creating Access and Opportunity for Youth through Mentorship NEW YORK, Jan. 14, 2025 /PRNewswire/ -- Clear Channel Outdoor (NYSE:CCO), one of the world's largest out of home (OOH) media providers, and Big Brothers Big Sisters of America (BBBSA), the preeminent one-to-one youth mentoring organization in the United States, today announced the activation of a national digital out of home (DOOH) media campaign timed with National Mentoring Month.
SAN ANTONIO, Jan. 9, 2025 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced it has entered into a definitive agreement to sell the businesses constituting its Europe-North segment to Bauer Radio Limited, a subsidiary of Bauer Media Group. The expected purchase price from the transaction of $625 million is subject to certain customary adjustments. The all-cash consideration represents a transaction multiple of approximately 6.5x Europe-North segment results for the twelve months ended September 30, 20241. The Company will use the anticipated net proceeds from the sale, after payment of transaction-related fees and expenses, to prepay in full the
Detroit Metropolitan Wayne County Airport, Clear Channel Outdoor Will Integrate The Latest in Digital Tech to Offer Brands Greater Exposure to Over 31 Million Annual Travelers at the Gateway to Detroit NEW YORK, Dec. 11, 2024 /PRNewswire/ -- Clear Channel Outdoor's Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), today announced Wayne County Airport Authority awarded it a 10-year contract to continue evolving their state-of-the-art advertising and sponsorship program at Detroit Metropolitan Wayne County Airport (DTW). This win comes via a competitive RFP process and continues a partnership Clear Channel Outdoor began with Wayne Count
Early Arrival Multi-Year Deal Lands as Air Travel Soars, Offers Brands Exclusive Access to Ultra-High-Net-Worth Travelers NEW YORK, Dec. 4, 2024 /PRNewswire/ -- Clear Channel Outdoor's Airports Division, the Americas-based airports business of Clear Channel Outdoor Holdings, Inc. (NYSE:CCO), today announced that through a five-year contract renewal with Signature Aviation (formerly Signature Flight Support), the world's largest network of private aviation terminals, it will continue to revolutionize advertising programs across more than 100 private aviation terminals in the U.S. As a strategic advertising partner to Signature Aviation, CCO will expand its network of cutting-edge digital med
SAN ANTONIO, Nov. 18, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc., (NYSE:CCO) announced today that David Sailer, Chief Financial Officer of Clear Channel Outdoor Holdings, Inc., and Jason Menzel, SVP, Treasurer of Clear Channel Outdoor Holdings, Inc., are scheduled to present at the BofA Securities Leveraged Finance Conference 2024 on Tuesday, December 3, 2024, at 2:10 p.m., Eastern Standard Time. The live audio webcast, as well as the replay, will be available on Clear Channel Outdoor Holdings' investor website at https://investor.clearchannel.com/. About Clear Channel Outdoor Holdings, Inc. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) is at the forefront of driving innova
SAN ANTONIO, Nov. 18, 2024 /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 the Wells Fargo 8th Annual TMT Summit on Wednesday, December 4, 2024, at 9:30 a.m., Pacific Standard Time. The live audio webcast, as well as the replay, will be available on Clear Channel Outdoor Holdings' investor website at https://investor.clearchannel.com/. About Clear Channel Outdoor Holdings, Inc. Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynami
Exclusive Media Contract Includes 250+ Displays in the Greater NY, NJ, CT Metro Area, Gives Brands a First-Ever One-Stop Shop to Reach Residents and Tourists as they Drive, Walk or Fly in the Region NEW YORK, Nov. 13, 2024 /PRNewswire/ -- The MTA, North America's largest transportation network, and its Board of Directors voted Sept. 25, 2024, to award its roadside Out-of-Home (OOH) advertising concession to Clear Channel Outdoor (NYSE:CCO). As of Nov. 1, and extending for 15 years, CCO takes over all management, operations and advertising sales for more than 250 roadside displays on MTA property in the NY/NJ/CT Metro area.
Digital billboards nationwide invite Americans to support all service members and their families ARLINGTON, Va., Nov. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA) and the United Service Organizations (USO) are working together again this November on a nationwide digital out-of-home (DOOH) media campaign that encourages public support for U.S. military service members and their families during the holidays. Digital billboards running throughout the month, including Veterans Day, in major markets and airports across the country will raise awareness and encourage civilians to be by their side.
Wells Fargo downgraded Clear Channel Outdoor from Overweight to Equal Weight and set a new price target of $1.75 from $2.75 previously
Wells Fargo upgraded Clear Channel Outdoor from Equal Weight to Overweight and set a new price target of $2.75 from $1.50 previously
Wells Fargo downgraded Clear Channel Outdoor from Overweight to Equal Weight and set a new price target of $1.50 from $4.00 previously
Morgan Stanley reiterated coverage of Clear Channel Outdoor with a rating of Equal-Weight and set a new price target of $3.75 from $3.50 previously
Barrington Research upgraded Clear Channel Outdoor from Mkt Perform to Outperform and set a new price target of $5.00
RBC Capital reiterated coverage of Cameco with a rating of Sector Perform and set a new price target of $29.00 from $26.00 previously
Barclays reiterated coverage of Clear Channel Outdoor with a rating of Equal-Weight and set a new price target of $2.50 from $2.00 previously
TD Securities upgraded Cameco from Hold to Buy and set a new price target of $35.00
RBC Capital upgraded Cameco from Underperform to Sector Perform and set a new price target of $26.00 from $17.00 previously
GLJ Research reiterated coverage of Cameco with a rating of Buy and set a new price target of $38.00 from $27.00 previously
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8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
10-Q - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
10-Q - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
8-K - Clear Channel Outdoor Holdings, Inc. (0001334978) (Filer)
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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. Eastern Time. The conference call number is 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other ap
SAN ANTONIO, Oct. 31, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") today reported financial results for the quarter ended September 30, 2024. "Our third quarter consolidated revenue of $559 million increased 6.1%, or 5.7% excluding movements in foreign exchange rates, with growth across all of our business segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our America segment delivered a revenue increase of 5.0% during the period, reflecting improved national advertising sales and growth across all regions. "We continue to pursue a range of initiatives aimed at leveraging our technology investments and enhance
SAN ANTONIO, Oct. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") will release 2024 third quarter results before the market opens on Thursday, October 31, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. The conference call number is 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other ap
SAN ANTONIO, Aug. 7, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter ended June 30, 2024. "We delivered second quarter consolidated revenue of $559 million, an increase of 5.2%, or 5.4% excluding movements in foreign exchange rates, with growth in our America, Airports and Europe-North segments," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "Our performance reflects healthy demand from advertisers across the majority of our markets, with notable strength in our Airports and Europe-North segments. We also benefited from solid execution across a range of ongoing initiativ
SAN ANTONIO, July 8, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") will release 2024 second quarter results before the market opens on Wednesday, August 7, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. The conference call number is 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other a
SAN ANTONIO, May 9, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") today reported financial results for the quarter ended March 31, 2024. "We delivered first quarter consolidated revenue of $482 million, an increase of 10.1%, or 9.3% excluding movements in foreign exchange rates, reflecting record first quarter results in our America, Airports and Europe-North segments excluding sold markets and movements in foreign exchange rates," said Scott Wells, Chief Executive Officer of Clear Channel Outdoor Holdings, Inc. "The trends we saw late last year largely continued into the first quarter, including improving demand among advertisers in all regions and key
SAN ANTONIO, April 8, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") will release 2024 first quarter results before the market opens on Thursday, May 9, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. The conference call number 866-424-3432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicab
SAN ANTONIO, Feb. 26, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today reported financial results for the quarter and year ended December 31, 2023. "Our fourth quarter consolidated revenue of $632.1 million increased 12.4%, or 10.8% excluding movements in foreign exchange rates, reflecting improving business trends and solid execution from our operating team. The Airports and Europe-North segments both performed very strongly, while the America segment returned to growth in the quarter. We see those trends continuing with the America segment, in particular, accelerating into the new year," said Scott Wells, Chief Executive Officer of Clear Channel O
SAN ANTONIO, Feb. 21, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") will release 2023 fourth quarter results before the market opens on Monday, February 26, 2024, by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. This is a change from the February 27th date announced on January 29, 2024. The conference call numbers remain the same and are 866-424-2432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, incl
SAN ANTONIO, Jan. 29, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") will release 2023 fourth quarter results before the market opens on Tuesday, February 27, 2023 by 7:00 a.m. and will host a conference call to discuss the results at 8:30 a.m. Eastern Time. The conference call number is 866-424-2432 (United States callers) or +1 215-268-9862 (international callers). A live audio webcast of the conference call will be available on the "Events & Presentations" section of the Company's website (investor.clearchannel.com). The related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other ap
Digital billboards nationwide invite Americans to support all service members and their families ARLINGTON, Va., Nov. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Americas (CCOA) and the United Service Organizations (USO) are working together again this November on a nationwide digital out-of-home (DOOH) media campaign that encourages public support for U.S. military service members and their families during the holidays. Digital billboards running throughout the month, including Veterans Day, in major markets and airports across the country will raise awareness and encourage civilians to be by their side.
Strengthens Board with the Appointment of New Independent Director with Advertising Experience and Expands the Board to 11 Directors SAN ANTONIO, Sept. 30, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced the appointment of Tim Jones to its Board of Directors (the "Board"), effective immediately. Mr. Jones will serve as an independent director and will be a member of the Audit Committee and the Compensation Committee of the Board. With this appointment, the Board expands to eleven members, ten of whom are independent. "As a seasoned business leader with significant advertising and digital marketing experience, Tim will be a great addition
Messages Promoting DiscoverSummer.org Will Run Nationwide Through Partnership with Clear Channel Outdoor WASHINGTON, April 11, 2024 /PRNewswire/ -- The National Summer Learning Association (NSLA) is pleased to announce the return of DiscoverSummer.org, the online nationwide summer learning registry to help families of all socioeconomic backgrounds find local summer programs, meals, and free learning resources for their kids! DiscoverSummer.org, supported in part by the New York Life Foundation, is a searchable database available in eight languages to reach diverse communities
Enters into Cooperation Agreement with Legion Partners Agrees to Appoint a New Independent Director with Industry Experience SAN ANTONIO, Feb. 1, 2024 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced the appointment of Ted White to its Board of Directors (the "Board") as part of the Company's Cooperation Agreement with Legion Partners Asset Management, LLC (together with its affiliates, "Legion"). Mr. White will immediately join the Board and will stand for election as part of the Company's director slate at its 2024 Annual Meeting of Stockholders. Additionally, the Nominating and Corporate Governance Committee of the Board, as part of its nor
David Sailer to Assume Role effective March 1, 2024 Brian Coleman to Transition to Consultant Role Focused on Strengthening Company's Balance Sheet Company Reaffirms Guidance for the Fourth Quarter and Fiscal Year of 2023 SAN ANTONIO, Dec. 19, 2023 /PRNewswire/ -- Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) (the "Company") today announced that David Sailer, currently the Executive Vice President, Chief Financial Officer of the Americas, has been appointed as Executive Vice President, Chief Financial Officer of the Company, effective as of March 1, 2024. At that time, Mr. Sailer will succeed Brian Coleman, who will depart from his position as Executive Vice President, Chief Financial Off
Clear Channel Outdoor Will Support the 24th Annual Lights On Afterschool With Coast-to-Coast Digital Billboard Campaign on October 26th WASHINGTON, Oct. 4, 2023 /PRNewswire/ -- Afterschool champions led by the Afterschool Alliance, the National League of Cities, and the National Summer Learning Association are joining Clear Channel Outdoor (NYSE:CCO) for a broad-based visibility campaign across nearly 2,000 digital billboards as part of the 2023 national Lights On Afterschool rally. The ads recognize the extraordinary work afterschool programs are doing to support students, from providing homework help and caring mentors, to offering healthy meals and snacks, to keeping students safe and lea