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

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Analysts at Barrington Research decreased their FY2026 earnings estimates for shares of Clear Channel Outdoor in a research note issued on Tuesday, April 23rd. Barrington Research analyst J. Goss now forecasts that the business services provider will post earnings per share of ($0.15) for the year, down from their prior forecast of ($0.14). Barrington Research currently has a “Outperform” rating and a $2.50 target price 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 posted its earnings results on Monday, February 26th. The business services provider reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. The business had revenue of $632.11 million for the quarter, compared to analysts’ expectations of $611.62 million. During the same quarter last year, the business posted $0.24 earnings per share.

Several other equities analysts also recently weighed in on CCO. Morgan Stanley raised 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 report on Wednesday, February 28th. StockNews.com upgraded shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $2.16.

Clear Channel Outdoor Trading Up 0.3 %

NYSE:CCO opened at $1.45 on Thursday. The firm has a 50-day moving average price of $1.65 and a two-hundred day moving average price of $1.56. Clear Channel Outdoor has a twelve month low of $0.99 and a twelve month high of $2.06. The company has a market capitalization of $698.98 million, a P/E ratio of -2.22 and a beta of 2.88.

Institutional Investors Weigh In On Clear Channel Outdoor

Several hedge funds have recently modified their holdings of CCO. CenterBook Partners LP boosted its stake in shares of 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 purchasing an additional 1,797,154 shares during the last quarter. Legion Partners Asset Management LLC boosted its position in shares of Clear Channel Outdoor by 7.1% in the third quarter. Legion Partners Asset Management LLC now owns 26,530,196 shares of the business services provider’s stock worth $41,918,000 after acquiring an additional 1,753,407 shares during the last quarter. Carronade Capital Management LP acquired a new stake in shares of Clear Channel Outdoor in the third quarter worth approximately $1,580,000. Shenkman Capital Management Inc. boosted its position 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 worth $2,693,000 after acquiring an additional 707,389 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its position in shares of Clear Channel Outdoor by 40.7% in 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 acquiring an additional 402,032 shares during the last quarter. 85.52% of the stock is owned by institutional investors and hedge funds.

Clear Channel Outdoor Company Profile

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.