CCO · NYSE · Advertising Agencies

Clear Channel Outdoor

Sells out-of-home advertising across U.S. roadside, street-furniture, and airport displays.

$2.34
After-hours close−0.01 (−0.21%)
At close$2.35(−1.88%)
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Profile

Clear Channel Outdoor Holdings, Inc.CCOCommunication Services

Sells out-of-home advertising through U.S. roadside, street-furniture, and airport operations. Digital displays, data analytics, and programmatic buying support a U.S.-centered business as international operations are divested.

Out-of-home advertising is sold through two continuing segments: America, which covers U.S. roadside billboards and street furniture, and Airports, which sells advertising in U.S. and Caribbean airports.

A U.S.-centered footprint is taking shape as international businesses are sold and the company becomes primarily focused on domestic operations. The stated operating model combines digital displays and billboards with data analytics and programmatic buying to make campaigns more measurable and simpler for advertisers to purchase.

The remaining international simplification depends on completing the planned Spain sale. A consortium-advised take-private merger is pending, subject to regulatory and stockholder approvals.

Company facts

CEOScott R. Wells
ListedMay 2, 2019
ExchangeNYSE
HeadquartersSan Antonio, TX
CountryUnited States
Employees1,900
CIK0001334978
ISINUS18453H1068

Key statistics

Market cap$1.19B
EPS (ttm)−$0.4275
P/E (ttm)−5.47
ROE8.6%
P/B−344.52
P/S0.7093
Dividend yield
Beta0.69vs XLC 0.08

Year to date +10.6% · Average volume (30d) 9.2M

Analysts

Price target, next 12 months$2.50+6.8%Median of 16 analysts · vs the Aug 28 close
ConsensusHold0 of 16 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Apr 6, 2026TD CowenDowngradeBuyHold
Feb 10, 2026Cowen & Co.Target$2.50
Nov 10, 2025Morgan StanleyTarget$1.75$2
Sep 25, 2025UBSTarget$2.50
Sep 10, 2025Morgan StanleyTarget$1.85$1.75

Earnings

EPS

Estimate$0.01
ReportedDue Nov 5, 2026

Revenue

Estimate$428.8M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.01−$0.01+15.6%$423.6M$438.0M+3.4%−0.41%
May 6, 2026Q1 FY26−$0.09−$0.10−11.1%$348.7M$373.9M+7.2%+0.42%
Feb 26, 2026Q4 FY25$0.01−$0.01−200.0%$448.8M$461.5M+2.8%+0.84%
Nov 6, 2025Q3 FY25−$0.04−$0.03+25.0%$449.1M$405.6M−9.7%+5.62%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$334.2M$402.8M$405.6M$461.5M$373.9M$438.0M
Gross profit$165.7M$217.3M$221.2M$207.4M$152.2M$438.0M
Operating income$45.0M$77.4M$80.7M$113.3M$56.5M$89.1M
Net income$62.5M$9.5M−$60.1M−$105.8M−$49.1M−$5.3M
Diluted EPS$0.13$0.03−$0.10−$0.22−$0.10−$0.01
Gross margin49.6%53.9%54.5%44.9%40.7%100.0%
Operating margin13.5%19.2%19.9%24.6%15.1%20.3%

Fiscal years (4-quarter sums)FY21 $2.24B · FY22 $2.38B · FY23 $2.13B · FY24 $1.66B · FY25 $1.60B

Revenue by product · Q2 FY26

Americas Segment$324.3M · 74%
Airports Segment$113.6M · 26%

Revenue by geography · Q2 FY26

Americas Segment$324.3M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $192.1K · Total debt $6.5M · Total assets $3.8M · Shareholders' equity −$3.5M

Dividends

No dividends on record.

Ownership

Institutions 75.62%384.92M sharesInsiders 3.55%18.05M sharesOther 20.83%106.02M shares

Shares outstanding 508.98M · Float 381.48M · 75.0% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Allianz Asset Management GmbH104.72M20.57%13FMay 11, 2026
Pacific Investment Management Company LLC104.72M21.10%13DFeb 11, 2026
Arturo R. Moreno67.61M13.60%13DFeb 11, 2026
Ares Management LLC41.20M8.09%13FMay 15, 2026
BlackRock, Inc.30.22M5.90%13GJul 27, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 15, 2026Raymond T. Whitedirector−508,804$2.40
Jun 9, 2026Raymond T. Whitedirector−23,435,796$2.40
Sep 10, 2025Ares Management LLC10 percent owner−13,000,000$1.13
Sep 9, 2025Ares Management LLC10 percent owner−1,631,555$1.39
View details

Peers

  • Lamar Advertising

    U.S. billboard, digital and transit inventory for national advertisers

  • OUTFRONT Media

    U.S. billboard and transit advertising inventory in major urban markets

  • Diversified Energy

    Street furniture and transport advertising, including airport media

CompareAfter-hours close

CompanyPriceChange
Clear Channel Outdoor$2.34−0.21%$1.19B0.7+8.8%
Lamar Advertising$150.38+0.02%$15.26B27.424.76.6+6.5%
OUTFRONT Media$29.60−0.03%$5.21B21.021.72.7+13.5%
Diversified Energy$14.75−0.07%$1.07B1.70.6
Median21.023.22.7+10.0%