iHeartMedia, Inc. (IHRT)
| Market Cap | 1.86B |
| Revenue (ttm) | 3.70B |
| Net Income (ttm) | 33.94M |
| Shares Out | 149.77M |
| EPS (ttm) | -1.09 |
| PE Ratio | n/a |
| Forward PE | 12.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 155,214 |
| Open | 12.43 |
| Previous Close | 12.69 |
| Day's Range | 12.28 - 12.72 |
| 52-Week Range | 11.38 - 28.24 |
| Beta | 1.60 |
| Analysts | Buy |
| Price Target | 30.31 (+144.0%) |
| Earnings Date | May 5, 2022 |
About IHRT
iHeartMedia, Inc. operates as a media and entertainment company worldwide. 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 live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and inciden...
Financial Performance
In 2021, iHeartMedia's revenue was $3.56 billion, an increase of 20.69% compared to the previous year's $2.95 billion. Losses were -$159.20 million, -91.69% less than in 2020.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for IHRT stock is "Buy." The 12-month stock price forecast is 30.31, which is an increase of 144.04% from the latest price.
News
iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial...
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 Officer ...
The Top 5 Insider Buys of the Week
Brian Sullivan details the top 5 stocks being bought the most by company executives with their own money.
IHeartMedia (IHRT) Reports Q1 Loss, Tops Revenue Estimates
iHeartMedia (IHRT) delivered earnings and revenue surprises of -43.48% and 0.50%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
iHeartMedia, Inc. Reports Results for 2022 First Quarter
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended March 31, 2022. Financial Highlights: Q1 2022 Consolidated Results Q1 Revenue of $843 m...
P&G And iHeartMedia Announce Third Annual “Can't Cancel Pride 2022 – Proud AND Together” on June 14
--(BUSINESS WIRE)--iHeartMedia (NASDAQ:IHRT) WHAT: This June, P&G and iHeartMedia will once again join forces during Pride Month for the return of “Can't Cancel Pride 2022 – Proud AND Together,” a fundr...
iHeartMedia Welcomes Sarah Van Mosel as Executive Vice President of the iHeart Audience Network
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Sarah van Mosel as Executive Vice President of the iHeart Audience Ne...
IHeartMedia (IHRT) Expected to Beat Earnings Estimates: Should You Buy?
IHeartMedia (IHRT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
iHeartMedia, Inc. to Report Quarterly Financial Results on May 5, 2022
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Thursday May 5th, 2022, it will issue financial results for the quarter ending March 31, 2022. The company will conduc...
Washington Commanders Announce Three-Year Audio Partnership with iHeartMedia D.C.
Offering the largest reach in the DMV, this exclusive deal will include gameday coverage on Big 100.3 FM and more ways for fans to listen daily on the iHeartRadio App, a free all-in-one digital music, p...
iHeartMedia Announces Lineup for the 2022 “iHeartRadio KIIS FM Wango Tango” on June 4
LOS ANGELES--(BUSINESS WIRE)--iHeartMedia and KIIS FM will kick off the Summer celebrating Pop music's legendary Summer festival, “iHeartRadio KIIS FM Wango Tango,” LIVE on June 4 at Dignity Health Spor...
iHeartMedia Names Sam Englebardt to Its Board of Directors
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT), the leading audio company in America, today announced that it has named Sam Englebardt, General Partner of Galaxy Interactive, to its Board o...
iHeartMedia Chairman and Chief Executive Officer Bob Pittman and President, Chief Operating Officer & Chief Financial...
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 Officer ...
iHeartMedia Clocks 13.5% Revenue Growth In Q4
iHeartMedia Inc (NASDAQ: IHRT) reported fourth-quarter FY21 revenue growth of 13.5% year-on-year to $1.06 billion, beating the consensus of $1.04 billion. The Q4 revenue was up 25% Y/Y, excluding the im...
IHeartMedia (IHRT) Beats Q4 Earnings and Revenue Estimates
iHeartMedia (IHRT) delivered earnings and revenue surprises of 40.74% and 2.32%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
iHeartmedia, Inc. Reports Results for 2021 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, 2021. Financial Highlights: Q4 2021 Consolidated Results Q4 Reven...
iHeartMedia to Utilize Veritone's Synthetic Voice Technology to Translate and Produce Podcasts for New Markets
DENVER & NEW YORK--(BUSINESS WIRE)--iHeartMedia to Utilize Veritone's Synthetic Voice Technology to Translate and Produce Podcasts for New Markets
iHeartMedia Partners with Sounder to Launch Best-in-Class Brand Safety Tools Across the Largest Global Podcast Network
NEW YORK--(BUSINESS WIRE)--iHeartMedia, the largest audio media company in the U.S. and the top podcast publisher globally according to Podtrac, announced a partnership today with Sounder, an audio inte...
iHeartMedia, Inc. to Report Quarterly and Annual Financial Results on February 23, 2022
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (NASDAQ: IHRT) announced today that on Wednesday February 23rd, 2022, it will issue financial results for the quarter and year ending December 31, 2021. The ...
Thomas Rhett, Carrie Underwood, Zac Brown Band, Maren Morris, Dustin Lynch, Jimmie Allen, Scotty Mccreery, Cody Johns...
NEW YORK--(BUSINESS WIRE)--iHeartMedia announced today the return of the iHeartCountry Festival Presented by Capital One on Saturday, May 7. Now in its ninth year, the 2022 lineup will feature Country m...
Big Sean, H.E.R., Moneybagg Yo, Ari Lennox to Perform Plus A Special Moment from Lizzo During “iHeartRadio Living Black!
NEW YORK--(BUSINESS WIRE)--iHeartMedia, the number one audio company in the U.S., today announced the second annual “iHeartRadio Living Black! Empowered by AT&T” a month-long on-air celebration that wil...
Wall Street Analysts Predict a 53% Upside in iHeartMedia (IHRT): Here's What You Should Know
The average of price targets set by Wall Street analysts indicates a potential upside of 53.4% in iHeartMedia (IHRT). While the effectiveness of this highly sought-after metric is questionable, the posi...
iHeartMedia Los Angeles' KOST 103.5 and Children's Hospital Los Angeles to Launch Season of Giving Fundraising Campai...
LOS ANGELES--(BUSINESS WIRE)--For the sixth consecutive year, iHeartMedia Los Angeles' KOST 103.5, will join Children's Hospital Los Angeles on Giving Tuesday, Nov. 30, for its Season of Giving fundrais...
IHeartMedia (IHRT) Lags Q3 Earnings Estimates
iHeartMedia (IHRT) delivered earnings and revenue surprises of -9.09% and 2.17%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
iHeartMedia, Inc. Reports Results for 2021 Third Quarter
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter ended September 30, 2021. Financial Highlights: Q3 2021 Consolidated Results Q3 Revenue of $9...
iHeartMedia and DraftKings Ink Multifaceted Strategic Agreement
NEW YORK--(BUSINESS WIRE)--iHeartMedia, Inc. [Nasdaq: IHRT] and DraftKings Inc. [Nasdaq: DKNG] announced today a multi-year strategic relationship, making DraftKings the official odds supplier for iHear...