Barrington Research Issues Positive Outlook for CCO Earnings

Key Points

• Barrington Research has revised its Q2 2026 earnings per share (EPS) estimate for Clear Channel Outdoor from ($0.03) to ($0.02), while also projecting FY2026 earnings at ($0.12) EPS.
• Clear Channel Outdoor recently reported revenue of $402.81 million for Q2, exceeding the analyst estimates of $397.37 million.
• TD Cowen increased its target price for the stock from $2.50 to $2.80 and maintains a "buy" rating, reflecting positive sentiment from multiple analysts on the company's performance.

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO - Free Report) - Stock analysts at Barrington Research upped their Q2 2026 EPS estimates for shares of Clear Channel Outdoor in a research note issued on Wednesday, October 22nd. Barrington Research analyst P. Sholl now expects that the business services provider will earn ($0.02) per share for the quarter, up from their previous forecast of ($0.03). Barrington Research has a "Market Perform" rating on the stock. Barrington Research also issued estimates for Clear Channel Outdoor's FY2026 earnings at ($0.12) EPS.

Clear Channel Outdoor (NYSE:CCO - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The company had revenue of $402.81 million for the quarter, compared to analyst estimates of $397.37 million. Clear Channel Outdoor has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

A number of other research firms also recently issued reports on CCO. TD Cowen upped their target price on shares of Clear Channel Outdoor from $2.50 to $2.80 and gave the company a "buy" rating in a research report on Monday. UBS Group set a $2.50 target price on shares of Clear Channel Outdoor in a research report on Thursday, September 25th. Cowen restated a "buy" rating on shares of Clear Channel Outdoor in a research report on Monday. Weiss Ratings restated a "sell (d+)" rating on shares of Clear Channel Outdoor in a research report on Wednesday, October 8th. Finally, Morgan Stanley set a $1.75 price target on shares of Clear Channel Outdoor in a research report on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $2.18.

Clear Channel Outdoor Trading Down 2.9%

Clear Channel Outdoor stock opened at $1.87 on Friday. Clear Channel Outdoor has a 1 year low of $0.81 and a 1 year high of $1.95. The company has a market cap of $926.93 million, a PE ratio of 46.64 and a beta of 2.64. The company's 50-day moving average is $1.40 and its two-hundred day moving average is $1.21.

Insider Buying and Selling

In related news, major shareholder Ares Management Llc sold 13,000,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $1.13, for a total transaction of $14,690,000.00. Following the completion of the sale, the insider directly owned 41,197,491 shares of the company's stock, valued at approximately $46,553,164.83. This represents a 23.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Arturo R. Moreno bought 1,000,000 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were acquired at an average cost of $1.07 per share, with a total value of $1,070,000.00. Following the completion of the purchase, the insider owned 65,612,859 shares in the company, valued at $70,205,759.13. This represents a 1.55% increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 1,478,507 shares of company stock valued at $1,591,573. 7.70% of the stock is owned by company insiders.

Institutional Trading of Clear Channel Outdoor

Large investors have recently bought and sold shares of the business. Sanders Morris Harris LLC bought a new stake in Clear Channel Outdoor during the 3rd quarter worth approximately $25,000. CWM LLC grew its stake in shares of Clear Channel Outdoor by 97.9% during the 3rd quarter. CWM LLC now owns 16,675 shares of the business services provider's stock worth $26,000 after acquiring an additional 8,248 shares in the last quarter. Burney Co. bought a new position in shares of Clear Channel Outdoor during the 3rd quarter worth approximately $32,000. EntryPoint Capital LLC bought a new position in shares of Clear Channel Outdoor during the 1st quarter worth approximately $31,000. Finally, Teacher Retirement System of Texas bought a new position in shares of Clear Channel Outdoor during the 1st quarter worth approximately $39,000. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.