Clear Channel Outdoor (NYSE:CCO) Reaches New 52-Week High – Should You Buy?

Posted by Stanley Muller on Jul 31st, 2026

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO – Get Free Report)’s stock price reached a new 52-week high on Friday . The company traded as high as $2.44 and last traded at $2.4250, with a volume of 13985426 shares. The stock had previously closed at $2.41.

Analyst Ratings Changes

A number of brokerages have issued reports on CCO. Weiss Ratings reissued a “sell (d-)” rating on shares of Clear Channel Outdoor in a research report on Wednesday, June 24th. TD Cowen restated a “hold” rating and set a $2.43 price target (down from $2.50) on shares of Clear Channel Outdoor in a research report on Monday, April 6th. Four research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $2.29.

Read Our Latest Stock Analysis on CCO

Clear Channel Outdoor Stock Up 0.6%

The company’s 50-day moving average price is $2.41 and its 200-day moving average price is $2.35. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of -13.47 and a beta of 1.95.

Clear Channel Outdoor (NYSE:CCO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The business services provider reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). The company had revenue of $373.86 million for the quarter, compared to analysts’ expectations of $348.71 million. On average, sell-side analysts predict that Clear Channel Outdoor Holdings, Inc. will post -0.06 earnings per share for the current fiscal year.

Insider Activity at Clear Channel Outdoor

In other Clear Channel Outdoor news, Director Raymond T. White sold 23,435,796 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $2.40, for a total value of $56,245,910.40. Following the completion of the transaction, the director owned 187,371 shares in the company, valued at $449,690.40. The trade was a 99.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have sold a total of 26,239,967 shares of company stock valued at $62,975,921 in the last three months. Insiders own 7.70% of the company’s stock.

Institutional Trading of Clear Channel Outdoor

Several hedge funds have recently modified their holdings of CCO. Captrust Financial Advisors purchased a new position in Clear Channel Outdoor in the fourth quarter valued at $27,000. EntryPoint Capital LLC purchased a new stake in Clear Channel Outdoor during the 4th quarter worth about $28,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Clear Channel Outdoor during the 4th quarter worth about $31,000. CTC Alternative Strategies Ltd. acquired a new stake in Clear Channel Outdoor in the 1st quarter valued at about $32,000. Finally, Sargent Investment Group LLC acquired a new stake in Clear Channel Outdoor in the 4th quarter valued at about $33,000. 85.52% of the stock is currently owned by institutional investors and hedge funds.

About Clear Channel Outdoor

(Get Free Report)

Clear Channel Outdoor Holdings, Inc (NYSE: CCO) is a global leader in out-of-home advertising, offering a wide range of static and digital displays across high-traffic environments. The company’s portfolio encompasses traditional roadside billboards, street furniture panels, transit advertising on buses and rail systems, and rapidly expanding digital networks. By combining broad geographic reach with state-of-the-art digital technology, Clear Channel Outdoor enables brands to engage consumers at key moments during their daily journeys.

Founded as a spin-off from Clear Channel Communications in 2005, Clear Channel Outdoor traces its origins to the early development of outdoor advertising in North America.