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

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Stock analysts at Barrington Research cut their FY2026 earnings per share estimates for shares of Clear Channel Outdoor in a research report issued to clients and investors on Tuesday, April 23rd. Barrington Research analyst J. Goss now expects that the business services provider will post earnings of ($0.15) per share for the year, down from their previous estimate of ($0.14). Barrington Research has a “Outperform” rating and a $2.50 price objective 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 issued its quarterly earnings results on Monday, February 26th. The business services provider reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm had revenue of $632.11 million for the quarter, compared to analyst estimates of $611.62 million. During the same period last year, the company earned $0.24 EPS.

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

Clear Channel Outdoor Stock Up 0.3 %

Shares of CCO opened at $1.45 on Thursday. Clear Channel Outdoor has a 12-month low of $0.99 and a 12-month high of $2.06. The firm has a market capitalization of $698.98 million, a PE ratio of -2.22 and a beta of 2.88. The stock’s fifty day simple moving average is $1.65 and its 200-day simple moving average is $1.56.

Hedge Funds Weigh In On Clear Channel Outdoor

Several hedge funds have recently added to or reduced their stakes in the stock. Carronade Capital Management LP bought a new stake in shares of Clear Channel Outdoor in the third quarter worth about $1,580,000. SG Americas Securities LLC increased its holdings in shares of Clear Channel Outdoor by 41.4% in the fourth quarter. SG Americas Securities LLC now owns 202,741 shares of the business services provider’s stock worth $369,000 after acquiring an additional 59,324 shares in the last quarter. CenterBook Partners LP increased its holdings in shares of Clear Channel Outdoor by 183.3% in the third quarter. CenterBook Partners LP now owns 2,777,537 shares of the business services provider’s stock worth $4,389,000 after acquiring an additional 1,797,154 shares in the last quarter. Shenkman Capital Management Inc. grew its holdings in shares of Clear Channel Outdoor by 70.9% during 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 buying an additional 707,389 shares in the last quarter. Finally, Requisite Capital Management LLC grew its holdings in shares of Clear Channel Outdoor by 100.0% during the fourth quarter. Requisite Capital Management LLC now owns 400,000 shares of the business services provider’s stock worth $728,000 after buying an additional 200,000 shares in the last quarter. Institutional investors and hedge funds own 85.52% of the company’s stock.

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.