clear channel outdoor is one of the world’s largest outdoor advertising companies, reaching people in more than 30 countries across north america, latin america, europe and asia. this includes 43 of the 50 largest markets in the united states and a growing digital platform that now offers over 1,200 digital billboards across 28 u.s. markets. we help advertisers create inspiring out-of-home campaigns via traditional and digital formats in roadside, urban, transit and airport environments, on street furniture and at retail near point of sale. we enable brands to engage with people on the move, and are pioneering the integration of out-of-home with mobile and social media to turn awareness and inspiration into engagement and purchase. visit http://clearchanneloutdoor.com/
Company profile
Ticker
CCO
Exchange
Website
CEO
Scott R. Wells
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1567 Media, LLC • Brazil Outdoor NewCo, LLC • CC CV LP, LLC • CC Lease Management, LLC • CCHCV LP, LLC • CCO Barco Airport Venture, LLC • CCOI Holdco III, LLC • CCOI Holdco Parent I, LLC • CCOI Holdco Parent II, LLC • Clear Channel Adshel, Inc. ...
IRS number
860812139
CCO stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
8-K
Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.’s New
25 Mar 24
PRE 14A
Preliminary proxy
19 Mar 24
8-K
Entry into a Material Definitive Agreement
18 Mar 24
8-K
Clear Channel Outdoor Holdings, Inc. Announces Pricing of
4 Mar 24
8-K
Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes
26 Feb 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2023
26 Feb 24
Transcripts
CCO
Earnings call transcript
2023 Q4
26 Feb 24
CCO
Earnings call transcript
2023 Q3
8 Nov 23
CCO
Earnings call transcript
2023 Q2
7 Aug 23
CCO
Earnings call transcript
2023 Q1
14 May 23
CCO
Earnings call transcript
2023 Q1
9 May 23
CCO
Earnings call transcript
2022 Q4
28 Feb 23
CCO
Earnings call transcript
2022 Q3
8 Nov 22
CCO
Earnings call transcript
2022 Q2
12 Aug 22
CCO
Earnings call transcript
2022 Q1
14 May 22
CCO
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 324.65 mm | 324.65 mm | 324.65 mm | 324.65 mm | 324.65 mm | 324.65 mm |
Cash burn (monthly) | (no burn) | 1.12 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 7.50 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 317.15 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 282.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 158 |
Opened positions | 18 |
Closed positions | 23 |
Increased positions | 45 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 712.66 bn |
Total shares | 567.74 mm |
Total puts | 3.60 k |
Total calls | 933.60 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
Pacific Investment Management | 104.87 mm | $132.14 mm |
Allianz Asset Management GmbH | 104.87 mm | $165.70 bn |
Ares Management | 55.83 mm | $88.21 bn |
Vanguard | 39.98 mm | $63.16 bn |
Legion Partners Asset Management | 26.53 mm | $41.92 bn |
BLK Blackrock | 25.88 mm | $40.89 bn |
Mason Capital Management | 21.26 mm | $33.59 bn |
MS Morgan Stanley | 18.23 mm | $28.80 bn |
JPM JPMorgan Chase & Co. | 14.93 mm | $23.59 bn |
Charles Schwab Investment Management | 11.34 mm | $17.91 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Apr 24 | Pacific Investment Management | Common Stock | Sell | Dispose S | Yes | No | 1.55 | 12,584 | 19.51 k | 104,859,957 |
1 Apr 24 | Dilger Jason | Common Stock | Payment of exercise | Dispose F | No | No | 1.61 | 32,627 | 52.53 k | 388,795 |
1 Apr 24 | David Sailer | Common Stock | Payment of exercise | Dispose F | No | No | 1.61 | 51,624 | 83.11 k | 463,000 |
1 Apr 24 | Justin Cochrane | Common Stock | Payment of exercise | Dispose F | No | No | 1.61 | 63,051 | 101.51 k | 807,886 |
1 Apr 24 | Feldman LYNN | Common Stock | Payment of exercise | Dispose F | No | No | 1.61 | 100,324 | 161.52 k | 981,707 |
News
12 Communication Services Stocks Moving In Wednesday's Pre-Market Session
3 Apr 24
Wedbush Upgrades Clear Channel Outdoor to Neutral, Lowers Price Target to $9.5
28 Feb 24
Barrington Research Reiterates Outperform on Clear Channel Outdoor, Maintains $2.5 Price Target
27 Feb 24
US Stocks Could Pause For Breather After Record Rally: Analyst Says 'No Doubt' That 2024 Shaping Up To 'Best Year Since 1999'
26 Feb 24
Earnings Scheduled For February 26, 2024
26 Feb 24
Press releases
More than 30,000 Summer Learning Programs Now Available in a Nationwide Registry
11 Apr 24
Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 First Quarter Earnings Release and Conference Call
8 Apr 24
Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes
25 Mar 24
Clear Channel Outdoor Holdings, Inc. Announces Pricing of Senior Secured Notes Due 2030
4 Mar 24
Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2023
26 Feb 24