Clear Channel Ownership
| CCO Stock | USD 1.49 0.03 2.05% |
Shares in Circulation | First Issued 2005-03-31 | Previous Quarter 488.7 M | Current Value 488.9 M | Avarage Shares Outstanding 387.4 M | Quarterly Volatility 54.8 M |
Clear |
Clear Stock Ownership Analysis
About 17.0% of the company shares are held by company insiders. The company has Price/Earnings (P/E) ratio of 276.47. Clear Channel Outdoor recorded a loss per share of 0.3. The entity last dividend was issued on the 24th of January 2018. Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas. Clear Channel operates under Advertising Agencies classification in the United States and is traded on New York Stock Exchange. It employs 4600 people. For more info on Clear Channel Outdoor please contact Christopher Eccleshare at 210 547 8800 or go to https://clearchanneloutdoor.com.Besides selling stocks to institutional investors, Clear Channel also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Clear Channel's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Clear Channel's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Clear Channel Quarterly Liabilities And Stockholders Equity |
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About 17.0% of Clear Channel Outdoor are currently held by insiders. Unlike Clear Channel's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Clear Channel's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Clear Channel's insider trades
Clear Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Clear Channel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clear Channel Outdoor backward and forwards among themselves. Clear Channel's institutional investor refers to the entity that pools money to purchase Clear Channel's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 6.3 M | Penn Capital Management Company Llc | 2024-09-30 | 5.3 M | Gamco Investors, Inc. Et Al | 2024-09-30 | 5.2 M | Hudson Bay Capital Management Lp | 2024-09-30 | 4 M | Franklin Resources Inc | 2024-09-30 | 3.9 M | Neuberger Berman Group Llc | 2024-09-30 | 3.8 M | New York State Common Retirement Fund | 2024-09-30 | 3.8 M | Apollo Management Holdings Lp | 2024-09-30 | 3.2 M | Northern Trust Corp | 2024-09-30 | 3.1 M | Allianz Asset Management Ag | 2024-09-30 | 104.8 M | Ares Management Llc | 2024-09-30 | 55.8 M |
Clear Channel Outdoor Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Clear Channel insiders, such as employees or executives, is commonly permitted as long as it does not rely on Clear Channel's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Clear Channel insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Clear Channel Outstanding Bonds
Clear Channel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Clear Channel Outdoor uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Clear bonds can be classified according to their maturity, which is the date when Clear Channel Outdoor has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US18453HAC07 Corp BondUS18453HAC07 | View | |
| Clear Channel Worldwide Corp BondUS18453HAA41 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| US18453HAD89 Corp BondUS18453HAD89 | View |
Pair Trading with Clear Channel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clear Channel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clear Channel will appreciate offsetting losses from the drop in the long position's value.Moving against Clear Stock
The ability to find closely correlated positions to Clear Channel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clear Channel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clear Channel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clear Channel Outdoor to buy it.
The correlation of Clear Channel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clear Channel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clear Channel Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clear Channel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clear Channel. If investors know Clear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clear Channel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (0.30) | Revenue Per Share | Quarterly Revenue Growth 0.061 | Return On Assets |
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.