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NASDAQ:IHRT

iHeartMedia (IHRT) Stock Price, News & Analysis

$1.71
+0.11 (+6.88%)
(As of 07/26/2024 ET)
Today's Range
$1.57
$1.71
50-Day Range
$0.86
$1.71
52-Week Range
$0.81
$4.74
Volume
904,251 shs
Average Volume
1.07 million shs
Market Capitalization
$247.61 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00

iHeartMedia MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
75.4% Upside
$3.00 Price Target
Short Interest
Bearish
5.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of iHeartMedia in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-82.76%
From $0.29 to $0.05 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

Consumer Discretionary Sector

228th out of 279 stocks

Radio Broadcasting Stations Industry

8th out of 9 stocks

IHRT stock logo

About iHeartMedia Stock (NASDAQ:IHRT)

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. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web based service for radio stations, digital only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business; and provides scheduling and broadcast software and services. This segment also provides RCS, a cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. The company is headquartered in San Antonio, Texas.

IHRT Stock Price History

IHRT Stock News Headlines

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One of the most overlooked opportunities in the stock market is the 72-Hour Profit Surge... A short period of time where we can bet on a stock that is ALREADY “winning.” Let me give you a perfect example of how the Surge worked with Ross Stores. Back on November 16th, a little move was made that sent their stock soaring… The next day, my system would have alerted me that Ross Stores had entered the 72-Hour Profit Surge…
Why iHeartMedia (IHRT) Stock Is Down Today
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio broadcasting stations
Sub-Industry
Communication
Current Symbol
NASDAQ:IHRT
Employees
10,800
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$3.00
High Stock Price Target
$7.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+75.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-1,102,660,000.00
Pretax Margin
-28.22%

Debt

Sales & Book Value

Annual Sales
$3.75 billion
Book Value
($2.64) per share

Miscellaneous

Free Float
135,676,000
Market Cap
$247.61 million
Optionable
Optionable
Beta
1.72

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Key Executives


IHRT Stock Analysis - Frequently Asked Questions

How have IHRT shares performed this year?

iHeartMedia's stock was trading at $2.67 at the start of the year. Since then, IHRT stock has decreased by 36.0% and is now trading at $1.71.
View the best growth stocks for 2024 here
.

How were iHeartMedia's earnings last quarter?

iHeartMedia, Inc. (NASDAQ:IHRT) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.55) by $0.43. The company earned $799.04 million during the quarter, compared to analysts' expectations of $806.62 million.

What is Robert W. (Bob) Pittman's approval rating as iHeartMedia's CEO?

464 employees have rated iHeartMedia Chief Executive Officer Robert W. (Bob) Pittman on Glassdoor.com. Robert W. (Bob) Pittman has an approval rating of 64% among the company's employees.

Does iHeartMedia have any subsidiaries?

iHeartMedia subsidiaries include these companies: Jelli Inc., HowStuffWorks, Stuff Media, Thumbplay, Aircheck India Pvt. Ltd., AMFM Broadcasting Inc., AMFM Broadcasting Licenses LLC, and more.

Who are iHeartMedia's major shareholders?

Top institutional shareholders of iHeartMedia include Douglas Lane & Associates LLC (5.24%), Bank of New York Mellon Corp (0.28%), AEGON USA Investment Management LLC (0.14%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Media & Entertainment I Global, Robert W Pittman, Richard J Bressler, Michael B Mcguinness, James A Rasulo, Scott D Hamilton and Silver Point Capital LP.
View institutional ownership trends
.

How do I buy shares of iHeartMedia?

Shares of IHRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:IHRT) was last updated on 7/26/2024 by MarketBeat.com Staff

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