iHeartMedia, Inc. (IHRT)

NASDAQ: IHRT · IEX Real-Time Price · USD
12.42
-0.27 (-2.13%)
May 18, 2022 1:00 PM EDT - Market open
Market Cap1.86B
Revenue (ttm)3.70B
Net Income (ttm)33.94M
Shares Out149.77M
EPS (ttm)-1.09
PE Ration/a
Forward PE12.80
Dividendn/a
Ex-Dividend Daten/a
Volume155,214
Open12.43
Previous Close12.69
Day's Range12.28 - 12.72
52-Week Range11.38 - 28.24
Beta1.60
AnalystsBuy
Price Target30.31 (+144.0%)
Earnings DateMay 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...

IndustryMedia
IPO DateJul 18, 2019
Employees9,180
Stock ExchangeNASDAQ
Ticker SymbolIHRT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$30.31
(144.04% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

20 hours ago - Business Wire

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.

Other symbols:ALGNAONPHUBER
5 days ago - CNBC Television

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?

1 week ago - Zacks Investment Research

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...

1 week ago - Business Wire

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...

2 weeks ago - Business Wire

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...

2 weeks ago - Business Wire

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.

2 weeks ago - Zacks Investment Research

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...

3 weeks ago - Business Wire

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...

1 month ago - PRNewsWire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Benzinga

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?

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

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

Other symbols:VERI
3 months ago - Business Wire

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...

3 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Business Wire

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...

Other symbols:DKNG
6 months ago - Business Wire