iHeartMedia, Inc. (IHRT)

NASDAQ: IHRT · IEX Real-Time Price · USD
2.110
-0.010 (-0.47%)
At close: Apr 24, 2024, 4:00 PM
2.170
+0.060 (2.84%)
After-hours: Apr 24, 2024, 6:14 PM EDT
-0.47%
Market Cap 260.41M
Revenue (ttm) 3.75B
Net Income (ttm) -1.10B
Shares Out 123.42M
EPS (ttm) -7.39
PE Ratio n/a
Forward PE 20.13
Dividend n/a
Ex-Dividend Date n/a
Volume 542,050
Open 2.120
Previous Close 2.120
Day's Range 2.080 - 2.190
52-Week Range 1.775 - 4.740
Beta 1.81
Analysts Hold
Price Target 4.07 (+92.89%)
Earnings Date May 9, 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]

Industry Broadcasting
IPO Date Jul 18, 2019
Employees 9,180
Stock Exchange NASDAQ
Ticker Symbol IHRT
Full Company Profile

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 Statements

Analyst Forecast

According to 7 analysts, the average rating for IHRT stock is "Hold." The 12-month stock price forecast is $4.07, which is an increase of 92.89% from the latest price.

Price Target
$4.07
(92.89% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 day ago - Business Wire

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...

6 days ago - Business Wire

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...

4 weeks ago - PRNewsWire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - PRNewsWire

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...

3 months ago - Business Wire

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.

Other symbols: SIRI
3 months ago - CNBC

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

5 months ago - Business Wire

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...

5 months ago - Market Watch

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 ...

5 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

Goose Insurance Super App Announces Marketing Partnership with iHeartMedia

SEATTLE--(BUSINESS WIRE)--Goose Insurance Services Inc., an insurance Super App offering a simple way to instantly buy insurance, announces a new marketing partnership with iHeartMedia and the rollout...

6 months ago - Business Wire

iHeartMedia, Inc. to Report Quarterly Financial Results on November 9, 2023

NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday November 9th, 2023, it will issue financial results for the quarter ending September 30, 2023. The company ...

6 months ago - Business Wire

iHeartMedia Brings Alternative Rock's Biggest Names Together Live for The 2024 “iHeartRadio ALTer EGO Presented By Capital One”

NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the lineup for the seventh annual “iHeartRadio ALTer EGO Presented by Capital One.” The biggest names in Alternative Rock will come together at t...

Other symbols: COF
6 months ago - Business Wire

YourTango Announces Groundbreaking New Podcast, "Open Relationships: Transforming Together" in Collaboration with iHeartMedia

NEW YORK , Oct. 5, 2023 /PRNewswire/ -- YourTango, a leading publishing platform whose mission is to foster the human connection and whose editorial reaches over 50 million people every month, announc...

7 months ago - PRNewsWire

iHeartMedia Rings in the Holiday Season With Its Iconic 2023 National ‘iHeartRadio Jingle Ball Tour Presented by Capital One' With the Exclusive Broadcast Special Moving to ABC

NEW YORK--(BUSINESS WIRE)--iHeartMedia will celebrate the holiday season across the nation with its annual “iHeartRadio Jingle Ball Tour Presented by Capital One” – the season's iconic live music even...

7 months ago - Business Wire