FY2026 EPS Estimates for Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) Lowered by Analyst

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Barrington Research lowered their FY2026 earnings estimates for Clear Channel Outdoor in a report issued on Tuesday, April 23rd. Barrington Research analyst J. Goss now forecasts that the business services provider will earn ($0.15) per share for the year, down from their previous estimate 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.

A number of other analysts have also recently weighed in on the stock. StockNews.com raised shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a report on Friday, February 16th. Morgan Stanley lifted their price objective 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 investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $2.16.

Clear Channel Outdoor Stock Down 4.0 %

Shares of NYSE:CCO opened at $1.44 on Thursday. Clear Channel Outdoor has a fifty-two week low of $0.99 and a fifty-two week high of $2.06. The firm’s 50 day moving average price is $1.65 and its 200 day moving average price is $1.56.

Clear Channel Outdoor (NYSE:CCO) last issued 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 firm had revenue of $632.11 million during the quarter, compared to analyst estimates of $611.62 million. During the same period last year, the business earned $0.24 EPS.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Optas LLC acquired a new position in Clear Channel Outdoor in the 3rd quarter valued at about $27,000. CCG Wealth Management LLC purchased a new stake in shares of Clear Channel Outdoor during the 1st quarter worth about $46,000. Quadrature Capital Ltd purchased a new stake in shares of Clear Channel Outdoor during the 4th quarter worth about $68,000. Principal Financial Group Inc. grew its holdings in shares of Clear Channel Outdoor by 39.2% during the 3rd quarter. Principal Financial Group Inc. now owns 55,130 shares of the business services provider’s stock worth $87,000 after purchasing an additional 15,511 shares during the period. Finally, Quantbot Technologies LP grew its holdings in shares of Clear Channel Outdoor by 3,466.3% during the 3rd quarter. Quantbot Technologies LP now owns 126,213 shares of the business services provider’s stock worth $199,000 after purchasing an additional 122,674 shares during the period. 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.