Barrington Research Weighs in on Clear Channel Outdoor Holdings, Inc.’s FY2026 Earnings (NYSE:CCO)

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Stock analysts at Barrington Research reduced their FY2026 EPS estimates for shares of Clear Channel Outdoor in a research note issued on Tuesday, April 23rd. Barrington Research analyst J. Goss now expects that the business services provider will earn ($0.15) per share for the year, down from their previous forecast of ($0.14). Barrington Research has a “Outperform” rating and a $2.50 price target on the stock. The consensus estimate for Clear Channel Outdoor’s current full-year earnings is ($0.24) per share.

Clear Channel Outdoor (NYSE:CCO) last released its earnings results on Monday, February 26th. The business services provider reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $632.11 million for the quarter, compared to analyst estimates of $611.62 million. During the same quarter in the previous year, the company posted $0.24 earnings per share.

CCO has been the topic of a number of other reports. StockNews.com upgraded shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a research report on Friday, February 16th. Morgan Stanley upped their target price on shares of Clear Channel Outdoor from $1.50 to $2.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $2.16.

Clear Channel Outdoor Stock Performance

Clear Channel Outdoor stock opened at $1.44 on Thursday. Clear Channel Outdoor has a 1 year low of $0.99 and a 1 year high of $2.06. The company has a market cap of $696.56 million, a PE ratio of -2.22 and a beta of 2.88. The company’s 50-day moving average is $1.64 and its two-hundred day moving average is $1.56.

Institutional Trading of Clear Channel Outdoor

A number of institutional investors and hedge funds have recently modified their holdings of the stock. CenterBook Partners LP raised its holdings in Clear Channel Outdoor by 183.3% during the 3rd quarter. CenterBook Partners LP now owns 2,777,537 shares of the business services provider’s stock worth $4,389,000 after buying an additional 1,797,154 shares during the period. Legion Partners Asset Management LLC increased its holdings in Clear Channel Outdoor by 7.1% during the 3rd quarter. Legion Partners Asset Management LLC now owns 26,530,196 shares of the business services provider’s stock worth $41,918,000 after purchasing an additional 1,753,407 shares in the last quarter. Carronade Capital Management LP acquired a new stake in shares of Clear Channel Outdoor in the 3rd quarter valued at about $1,580,000. Shenkman Capital Management Inc. lifted its holdings in shares of Clear Channel Outdoor by 70.9% in the third quarter. Shenkman Capital Management Inc. now owns 1,704,589 shares of the business services provider’s stock valued at $2,693,000 after purchasing an additional 707,389 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in shares of Clear Channel Outdoor by 40.7% during the fourth quarter. Wolverine Asset Management LLC now owns 1,390,168 shares of the business services provider’s stock worth $2,530,000 after buying an additional 402,032 shares during the period. 85.52% of the stock is owned by institutional investors.

About Clear Channel Outdoor

Clear Channel Outdoor Holdings, Inc operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, and Other segments. The company provides advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, news racks, and other public structures; transit displays for rail stations and on various types of vehicles; retail displays; and airport advertising displays.