iHeartMedia, Inc. (IHRT)
Market Cap | 146.91M |
Revenue (ttm) | 3.74B |
Net Income (ttm) | -898.91M |
Shares Out | 123.45M |
EPS (ttm) | -6.02 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 891,087 |
Open | 1.100 |
Previous Close | 1.090 |
Day's Range | 1.050 - 1.240 |
52-Week Range | 0.813 - 4.740 |
Beta | 1.64 |
Analysts | Hold |
Price Target | 3.00 (+152.1%) |
Earnings Date | Aug 6, 2024 |
About 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 infor... [Read more]
Financial Performance
In 2023, iHeartMedia's revenue was $3.75 billion, a decrease of -4.12% compared to the previous year's $3.91 billion. Losses were -$1.10 billion, 316.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for IHRT stock is "Hold." The 12-month stock price forecast is $3.0, which is an increase of 152.10% from the latest price.
News
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Women's Sports Audio Network Announces Slate of Original Shows Across a Range of Sports, Adding Capital One and e.l.f as Founding Partners
NEW YORK--(BUSINESS WIRE)--Today, iHeartMedia and Deep Blue Sports + Entertainment announced the inaugural lineup of original podcast shows for WSAN, the first-ever audio platform dedicated exclusivel...
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EasyKnock Launches Marketing Partnership With iHeartMedia
NEW YORK--(BUSINESS WIRE)--EasyKnock, the first home equity solution platform, has entered into an expansive marketing partnership with iHeartMedia which will include nationwide on-air and digital adv...
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Allison Russell, Billy Porter, Ben Platt, David Archuleta, Meghan Trainor, Melissa Etheridge, Orville Peck, RAYE, Victoria Monét and More Join P&G and iHeartMedia's Fifth Annual Can't Cancel Pride 2024 on June 12
NEW YORK--(BUSINESS WIRE)--iHeartMedia and P&G will once again join forces during Pride Month for the return of Can't Cancel Pride - an evening recognizing the impact of both music and LGBTQ+ organiza...
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Top 5 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Quarter - iClick Interactive Asia (NASDAQ:ICLK)
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
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iHeartMedia, Inc. Reports Results for 2024 First Quarter
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2024. Financial Highlights:1 Q1 2024 Consolidated Results Q1 Revenue of $79...
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iHeartMedia and Deep Blue Sports + Entertainment Launch Women's Sports Audio Network – The First-Ever Audio Platform Dedicated to Women's Sports
NEW YORK--(BUSINESS WIRE)--America's #1 audio company iHeartMedia and Deep Blue Sports + Entertainment today announced a new partnership to launch the Women's Sports Audio Network (WSAN), the first-ev...
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iHeartMedia, Inc. to Report Quarterly Financial Results on May 9, 2024
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday May 9th, 2024, it will issue financial results for the quarter ending March 31, 2024. The company will cond...
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Mundo Hispano Digital Embarks on Exclusive Content and Revenue Partnership with iHeartMedia
MundoNow's Oyénos Audio Network to be Distributed by iHeartPodcasts ATLANTA, March 26, 2024 /PRNewswire/ -- Today, Mundo Hispano Digital, the parent company of MundoNow.com, one of the oldest Certifie...
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iHeartMedia, Inc. Reports Results for 2023 Fourth Quarter and Full Year
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2023. Financial Highlights:1 Q4 2023 Consolidated Results Q4 Re...
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IHeartMedia and Charlamagne Tha God Announce the 2024 Black Effect Podcast Festival on April 27 at Pullman Yards in Atlanta
ATLANTA--(BUSINESS WIRE)--iHeartMedia and Charlamagne Tha God today announced the return of the Black Effect Podcast Festival to celebrate, uplift and amplify Black voices in the podcast industry. The...
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iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the Morgan Stanley Technology, Media & Telecom Conference
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Office...
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iHeartMedia, Inc. to Report Quarterly and Annual Financial Results on February 29, 2024
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday February 29th, 2024, it will issue financial results for the quarter and year ending December 31, 2023. The...
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iHeartMedia Announces Jess Hilarious as New Co-host for the Nationally Syndicated Hit Radio Show “The Breakfast Club”
NEW YORK--(BUSINESS WIRE)--iHeartMedia, the leading audio company in America with a greater reach in the U.S. than any other media outlet, announced today that Jess Hilarious will join the wildly popu...
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Bartesian Leverages Strategic Partnership with iHeartMedia to Drive Expansion in 2024
Leading intelligent cocktail maker zeroes in on continued growth across North America CHICAGO , Jan. 29, 2024 /PRNewswire/ -- Bartesian, the award-winning cocktail machine serving premium cocktails on...
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Jason Aldean, Jelly Roll, Old Dominion, Lady A, Ashley McBryde, Riley Green, Brothers Osborne and Walker Hayes Lead Lineup for the 2024 “iHeartCountry Festival Presented by Capital One”
NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the return of the “iHeartCountry Festival Presented by Capital One” on Saturday, May 4, 2024. Now in its eleventh year, the 2024 lineup will feat...
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Radio shows surprising resilience even in a rapidly changing media world
Radio has leaned on loyal local audiences over the years. It also has the appeal of offering tickets and other prizes in call-in contests.
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iHeartMedia Announces Realignment of Markets Management And Increased Focus For Leaders on New High-Growth Opportunities
NEW YORK--(BUSINESS WIRE)--iHeartMedia, the #1 audio company in America, announced today a leadership realignment in its Markets Group, heightening the performance of its more than 160 Markets and 860...
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Ryan Seacrest and iHeartMedia Extend Relationship Through 2027
NEW YORK & LOS ANGELES--(BUSINESS WIRE)--iHeartMedia announced today that it has extended its contract with Ryan Seacrest, the nationally-celebrated media and entertainment entrepreneur, radio persona...
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iHeartMedia Los Angeles' KOST 103.5 and Children's Hospital Los Angeles Launch Eighth Annual Season of Giving Fundraising Campaign on Tuesday, Nov. 28
LOS ANGELES--(BUSINESS WIRE)--iHeartMedia Los Angeles' KOST 103.5 joins Children's Hospital Los Angeles on Giving Tuesday to kick off CHLA's Season of Giving campaign.
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iHeartMedia ‘s stock rises as company sets gain from BMI sale
iHeartMedia Inc.'s stock IHRT rose 4% in premarket trading on Monday after the media company said it would book a $100 million in proceeds for its equity interest in Broadcast Music Inc. (BMI) as part...
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iHeartMedia, Inc. Announces $100 Million In Proceeds Expected from New Mountain Capital's Acquisition of Broadcast Music, Inc.
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (“iHeart”) announced today that in connection with the previously announced acquisition of Broadcast Music, Inc. (“BMI”) to a shareholder group led by New ...
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iHeartMedia and Global Sign Multi-Year Podcast Partnership Deal in the UK, Ireland and USA
NEW YORK & LONDON--(BUSINESS WIRE)--Global, the UK's largest Radio and Outdoor media company, has signed an exclusive platform distribution and ad sales deal with iHeartMedia, the No. 1 audio company ...
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iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial Officer Rich Bressler to Participate in the Wells Fargo TMT Summit
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) (“iHeartMedia”) announced today that Bob Pittman, Chairman and Chief Executive Officer, and Rich Bressler, President, Chief Operating Office...
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iHeartMedia Celebrates the Holiday Season with Annual Holiday Music Flip Across Broadcast Stations Nationwide and the Return of the “iHeartRadio Holiday Special”
NEW YORK--(BUSINESS WIRE)--iHeartMedia announced the annual station flip to holiday music kicks off today with more than 85 stations across the country broadcasting the season's festive music from tod...
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iHeartMedia, Inc. Reports Results for 2023 Third Quarter
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended September 30, 2023. Financial Highlights:1 Q3 2023 Consolidated Results Q3 Revenue of...