Barrington Research Predicts Lower Earnings for iHeartMedia

iHeartMedia, Inc. (NASDAQ:IHRT - Free Report) - Research analysts at Barrington Research dropped their Q4 2025 earnings estimates for shares of iHeartMedia in a research report issued on Wednesday, April 23rd. Barrington Research analyst P. Sholl now anticipates that the company will post earnings of $0.15 per share for the quarter, down from their previous estimate of $0.22. The consensus estimate for iHeartMedia's current full-year earnings is ($0.13) per share.

Separately, Guggenheim decreased their price target on shares of iHeartMedia from $5.00 to $4.50 and set a "buy" rating for the company in a report on Monday, March 10th.

iHeartMedia Stock Down 3.8 %

Shares of IHRT traded down $0.04 during midday trading on Friday, hitting $1.02. The company had a trading volume of 159,967 shares, compared to its average volume of 935,242. The company's 50 day moving average price is $1.48 and its 200 day moving average price is $1.93. The stock has a market cap of $150.12 million, a price-to-earnings ratio of -0.15 and a beta of 1.48. iHeartMedia has a 52 week low of $0.81 and a 52 week high of $2.84.

Institutional Investors Weigh In On iHeartMedia

A number of large investors have recently made changes to their positions in the company. Deutsche Bank AG raised its holdings in shares of iHeartMedia by 25.9% during the fourth quarter. Deutsche Bank AG now owns 3,830,745 shares of the company's stock valued at $7,585,000 after acquiring an additional 789,170 shares during the period. Schonfeld Strategic Advisors LLC raised its holdings in shares of iHeartMedia by 20.0% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 3,000,000 shares of the company's stock valued at $5,940,000 after acquiring an additional 500,000 shares during the period. Geode Capital Management LLC raised its holdings in shares of iHeartMedia by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 2,566,735 shares of the company's stock valued at $5,083,000 after acquiring an additional 51,219 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iHeartMedia by 21.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,499,409 shares of the company's stock valued at $4,949,000 after acquiring an additional 436,656 shares during the period. Finally, Bridgeway Capital Management LLC raised its holdings in shares of iHeartMedia by 17.0% during the fourth quarter. Bridgeway Capital Management LLC now owns 1,595,198 shares of the company's stock valued at $3,158,000 after acquiring an additional 231,481 shares during the period. Institutional investors and hedge funds own 93.89% of the company's stock.

Insider Transactions at iHeartMedia

In other iHeartMedia news, CEO Robert W. Pittman bought 200,000 shares of the company's stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average cost of $1.60 per share, for a total transaction of $320,000.00. Following the acquisition, the chief executive officer now directly owns 4,241,389 shares of the company's stock, valued at $6,786,222.40. This trade represents a 4.95 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, insider Richard J. Bressler bought 100,000 shares of the company's stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average price of $1.79 per share, for a total transaction of $179,000.00. Following the completion of the acquisition, the insider now directly owns 3,617,764 shares in the company, valued at approximately $6,475,797.56. This represents a 2.84 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 6.30% of the company's stock.

iHeartMedia Company Profile

iHeartMedia, Inc operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates.