IHRT - iHeartMedia Inc Stock Price, Fair Value and News

1.21USD-0.08 (-6.20%)Delayed

Market Summary

USD1.21-0.08

Delayed

-6.20%

IHRT Stock Price

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IHRT RSI Chart

IHRT Valuation

Market Cap

181.3M

Price/Earnings (Trailing)

-0.2

Price/Sales (Trailing)

0.05

EV/EBITDA

7.53

Price/Free Cashflow

1.11

IHRT Price/Sales (Trailing)

IHRT Profitability

EBT Margin

-4.01%

Return on Equity

225.53%

Return on Assets

-13.3%

Free Cashflow Yield

89.75%

IHRT Fundamentals

IHRT Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

-1.5%

Rev. Growth (Qtr)

-25.1%

IHRT Earnings

Earnings (TTM)

-898.9M

Earnings Growth (Yr)

91.67%

Earnings Growth (Qtr)

-241.03%

Breaking Down IHRT Revenue

Last 7 days

-6.9%

Last 30 days

-37.9%

Last 90 days

-54.3%

Trailing 12 Months

-55.8%

How does IHRT drawdown profile look like?

IHRT Financial Health

Current Ratio

2.01

Debt/Equity

-13.09

Debt/Cashflow

0.05

IHRT Investor Care

Shares Dilution (1Y)

0.96%

Diluted EPS (TTM)

-6.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.7B	0	0	0
2023	3.9B	3.8B	3.8B	3.8B
2022	3.7B	3.8B	3.8B	3.9B
2021	2.9B	3.2B	3.4B	3.6B
2020	0	0	0	2.9B
2019	0	0	0	0
2018	6.2B	6.2B	6.3B	6.3B
2017	6.2B	6.2B	6.2B	6.2B
2016	6.3B	6.3B	6.3B	6.3B
2015	6.3B	6.3B	6.2B	6.2B
2014	6.2B	6.3B	6.3B	6.3B
2013	6.2B	6.2B	6.2B	6.2B
2012	6.2B	6.2B	6.2B	6.2B
2011	5.9B	6.0B	6.1B	6.2B
2010	0	5.7B	5.8B	5.9B
2009	0	0	0	5.6B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of iHeartMedia Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	mcguinness michael b	sold (taxes)	-13,656	1.38	-9,896	evp-finance & deputy cfo
May 09, 2024	fasbender jordan	sold (taxes)	-16,698	1.38	-12,100	see remarks
May 09, 2024	hamilton scott d	sold (taxes)	-840	1.38	-609	see remarks
Feb 25, 2024	pittman robert w	acquired	-	-	350,000	chairman and ceo
Feb 25, 2024	mcguinness michael b	acquired	-	-	87,500	evp-finance & deputy cfo
Feb 25, 2024	hamilton scott d	acquired	-	-	2,500	see remarks
Feb 25, 2024	fasbender jordan	acquired	-	-	75,000	see remarks
Feb 25, 2024	bressler richard j	acquired	-	-	350,000	see remarks
Feb 17, 2024	fasbender jordan	sold (taxes)	-2,021	2.65	-763	see remarks
Nov 14, 2023	pittman robert w	bought	205,950	2.0595	100,000	chairman and ceo

Which funds bought or sold IHRT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.47	-72,783	207,142	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-63.31	-324,025	130,554	-%
May 15, 2024	NOMURA HOLDINGS INC	unchanged	-	-13,491	48,611	-%
May 15, 2024	Apollo Management Holdings, L.P.	unchanged	-	-526,773	1,898,200	0.03%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-23.1	-383,343	579,726	-%
May 15, 2024	OCCUDO QUANTITATIVE STRATEGIES LP	sold off	-100	-292,741	-	-%
May 15, 2024	Cubist Systematic Strategies, LLC	sold off	-100	-227,951	-	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	added	3.87	-101,987	443,597	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	added	5.17	-7,490	34,888	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-1,043,260	3,759,320	0.08%

Are Funds Buying or Selling IHRT?

Are funds buying IHRT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IHRT

No. of Funds

Unveiling iHeartMedia Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	pacific investment management co llc	19.99%	25,170,510	SC 13G/A
Feb 13, 2024	vanguard group inc	5.17%	6,376,979	SC 13G/A
Jan 26, 2024	blackrock inc.	6.7%	8,291,404	SC 13G/A
Jan 09, 2024	douglas lane & associates, llc	6.30%	7,759,971	SC 13G
Feb 14, 2023	pacific investment management co llc	19.99%	24,760,762	SC 13G/A
Feb 13, 2023	oak hill advisors lp	6.83%	8,641,530	SC 13G
Feb 09, 2023	vanguard group inc	9.02%	10,982,981	SC 13G/A
Feb 03, 2023	blackrock inc.	7.0%	8,565,276	SC 13G/A
May 09, 2022	global media & entertainment investments ltd	14.99%	18,140,000	SC 13D/A
May 02, 2022	global media & entertainment investments ltd	5989%	15,242,573	SC 13D/A

Recent SEC filings of iHeartMedia Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	DEFA14A	DEFA14A
Apr 15, 2024	PRE 14A	PRE 14A
Feb 29, 2024	8-K	Current Report
Feb 29, 2024	10-K	Annual Report

Peers (Alternatives to iHeartMedia Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
NYT	8.0B	2.5B	17.26%	33.74%	32.07	3.27	5.48%	30.80%
TGNA	2.6B	2.9B	13.49%	-8.00%	4.55	0.89	-11.11%	-6.42%
SMALL-CAP
GTN	615.7M	3.3B	15.93%	-	20.52	0.19	-9.51%	-91.71%
GCI	548.9M	2.6B	53.72%	63.88%	-4.47	0.21	-8.23%	-89.98%
CMLS	53.7M	838.9M	15.64%	-2.45%	-0.49	0.06	-9.52%	-2455.26%
BBGI	21.5M	243.7M	-2.74%	-34.86%	-0.3	0.09	-5.70%	-70.71%
EDUC	17.5M	57.0M	-9.33%	51.11%	72.46	0.31	-40.68%	192.35%

iHeartMedia Inc News

Latest updates

iHeartMedia Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q2
Revenue	-25.1%	799,038,000	1,066,783,000	952,989,000	920,014,000	811,239,000	1,125,890,000	988,930,000	954,005,000	843,458,000	1,062,019,000	928,051,000	861,605,000	706,665,000	935,530,000	744,406,000	487,648,000	780,634,000	3,381,217,000	5,981,800,000	8,582,383,000	11,182,966,000
S&GA Expenses	-17.3%	385,144,000	465,969,000	393,628,000	393,773,000	402,801,000	429,653,000	399,892,000	379,057,000	384,344,000	414,299,000	390,086,000	372,640,000	342,330,000	327,156,000	333,095,000	293,362,000	391,801,000	350,324,000	327,115,000	220,231,000	491,449,000
EBITDA Margin	0.4%	0.18	0.18	0.18	0.17	0.17	0.16	0.17	0.17	0.18	0.18	-0.38	-0.41	-0.47	-0.45	-0.21	-0.20	-0.17	1.62	1.60	1.62	1.65
Interest Expenses	19.7%	105,863,000	88,471,000	108,734,000	93,723,000	101,759,000	92,483,000	89,907,000	83,899,000	76,104,000	80,588,000	79,219,000	85,461,000	82,833,000	86,205,000	85,599,000	84,001,000	101,363,000	104,543,000	78,833,000	430,000	137,042,000
Income Taxes	37.1%	-20,662,000	-32,825,000	-9,261,000	-96,357,000	76,105,000	9,734,000	13,412,000	1,782,000	-20,209,000	-68,846,000	-27,147,000	24,449,000	79,935,000	25,858,000	-15,228,000	-43,742,000	-150,511,000	-12,670,000	16,758,000	16,003,000	39,095,000
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	109,600,000	-	-	-	28,801,000	-47,340,000	-241,059,000	-1,839,247,000	49,462,000	29,132,000	54,796,000	9,519,085,000
EBT Margin	-0.3%	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.04	-0.61	-0.65	-0.73	-0.71	-0.33	-0.32	-0.27	1.53	1.51	1.54	1.55
Net Income	-241.0%	-18,508,000	13,123,000	-9,053,000	-884,470,000	-222,260,000	79,881,000	-310,363,000	14,401,000	-48,582,000	111,630,000	3,180,000	-32,286,000	-241,723,000	3,466,000	-32,112,000	-197,317,000	-1,688,736,000	61,381,000	12,374,000	38,793,000	11,184,141,000
Net Income Margin	18.2%	-0.24	-0.29	-0.27	-0.35	-0.11	-0.07	-0.06	0.02	0.01	-0.04	-0.08	-0.09	-0.16	-0.65	-0.29	-0.29	-0.25	1.79	1.76	1.79	1.79
Free Cashflow	-157.0%	-80,859,000	141,890,000	67,651,000	33,999,000	-133,148,000	164,974,000	62,753,000	106,148,000	-74,769,000	51,943,000	45,462,000	-2,982,000	52,778,000	53,102,000	14,275,000	-6,513,000	69,876,000	175,675,000	151,471,000	65,766,000	-76,383,000

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q2
Assets	-2.8%	6,758	6,953	6,878	6,984	8,035	8,336	8,330	8,701	8,627	8,881	8,811	9,064	9,051	9,203	9,122	8,906	9,312	11,021	10,935	10,998	10,710
Current Assets	-6.2%	1,413	1,507	1,349	1,336	1,271	1,473	1,409	1,372	1,316	1,473	1,356	1,511	1,366	1,619	1,497	1,210	1,525	1,416	1,271	1,114	932
Cash Equivalents	4.3%	361	346	213	165	188	336	296	295	280	353	370	584	530	721	725	529	658	412	288	139	63.00
Goodwill	0.0%	1,721	1,721	1,721	1,721	2,313	2,313	2,313	2,313	2,313	2,314	2,314	2,313	168	2,146	2,109	2,102	2,101	3,326	3,326	3,323	3,323
Current Liabilities	-17.3%	702	848	743	731	657	832	740	758	688	849	782	1,019	733	718	660	593	646	667	637	726	480
Long Term Debt	0.0%	5,217	5,215	5,228	5,316	5,395	5,414	5,553	5,627	5,739	5,738	5,737	5,721	5,976	5,982	5,987	5,807	5,924	5,757	5,755	5,757	5,757
LT Debt, Current	-15.0%	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	278	29.00	35.00	34.00	30.00	30.00	9.00	54.00	53.00	53.00
LT Debt, Non Current	-100.0%	-	5,215	5,228	5,316	5,395	5,414	5,553	5,627	5,739	5,738	5,737	5,721	5,976	5,982	5,987	5,807	5,924	5,757	5,755	5,757	5,757
Shareholder's Equity	-3.6%	-398	-384	-	-	472	685	593	893	872	916	798	789	814	1,051	1,040	1,066	1,259	2,945	2,847	2,820	2,779
Retained Earnings	-0.6%	-3,348	-3,330	-3,343	-3,334	-2,449	-2,227	-2,307	-1,997	-2,011	-1,962	-2,074	-2,077	-2,045	-1,803	-1,807	-1,774	-1,577	113	51.00	39.00	-
Additional Paid-In Capital	0.3%	2,955	2,947	2,939	2,932	2,923	2,913	2,902	2,891	2,883	2,877	2,870	2,864	2,855	2,849	2,841	2,835	2,831	2,827	2,790	2,773	-
Shares Outstanding	-0.6%	150	151	150	149	148	148	148	148	148	147	147	147	146	146	146	146	146	146	146	145	86.00
Minority Interest	-31.9%	6.00	9.00	9.00	10.00	9.00	10.00	9.00	9.00	8.00	8.00	8.00	8.00	8.00	8.00	9.00	9.00	9.00	9.00	8.00	8.00	9.00
Float	-	-	-	-	290	-	-	-	626	-	-	-	2,600	-	-	-	506	-	-	-	855	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q2
Cashflow From Operations	-138.5%	-59,277	154,104	96,169	56,772	-93,983	213,376	103,110	155,801	-52,212	133,980	95,736	29,129	71,728	79,784	33,252	11,369	91,540	205,363	180,341	83,201	-40,186
Share Based Compensation	2.3%	7,947	7,765	7,734	8,947	10,152	10,875	10,437	8,610	5,535	5,962	5,993	5,903	5,685	8,133	5,886	4,240	4,257	6,226	17,112	3,039	498
Cashflow From Investing	787.8%	78,015	-11,343	19,269	-20,839	-38,421	-46,419	-33,150	-29,967	-19,690	-86,892	-41,635	31,061	-249,324	-76,641	-20,491	-18,881	-31,800	-29,463	-26,028	-17,787	-261,144
Cashflow From Financing	65.2%	-3,548	-10,201	-67,082	-58,937	-15,938	-126,451	-68,946	-110,250	-461	-64,006	-268,236	-6,071	-13,811	-7,457	183,125	-121,771	187,283	-52,938	-4,411	-684	-55,557

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IHRT Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 799,038	$ 811,239
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	341,360	344,620
Selling, general and administrative expenses (excludes depreciation and amortization)	385,144	402,801
Depreciation and amortization	105,162	108,512
Impairment charges	1,508	3,947
Other operating expense, net	572	221
Operating loss	(34,708)	(48,862)
Interest expense, net	95,515	95,457
Gain (loss) on investments, net	91,994	(6,505)
Equity in earnings (loss) of nonconsolidated affiliates	(45)	40
Gain on extinguishment of debt	0	4,625
Other expense, net	(496)	(99)
Loss before income taxes	(38,770)	(146,258)
Income tax benefit (expense)	20,662	(76,105)
Net loss	(18,108)	(222,363)
Less amount attributable to noncontrolling interest	400	(103)
Net loss attributable to the Company	(18,508)	(222,260)
Other comprehensive loss, net of tax:
Foreign currency translation adjustments	(219)	(46)
Other comprehensive loss, net of tax	(219)	(46)
Comprehensive loss	(18,727)	(222,306)
Less amount attributable to noncontrolling interest	0	0
Comprehensive loss attributable to the Company	$ (18,727)	$ (222,306)
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (0.12)	$ (1.50)
Weighted average common shares outstanding - Basic (in shares)	149,795	148,365
Diluted (in dollars per share)	$ (0.12)	$ (1.50)
Weighted average common shares outstanding - Diluted (in shares)	149,795	148,365

IHRT Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 361,403	$ 346,382
Accounts receivable, net of allowance of $37,742 in 2024 and $38,055 in 2023	878,353	1,041,214
Prepaid expenses	135,234	93,131
Other current assets	38,082	26,189
Total Current Assets	1,413,072	1,506,916
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment, net	529,114	558,865
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles - licenses and other	1,114,479	1,113,979
Other intangibles, net	1,111,236	1,173,210
Goodwill	1,721,349	1,721,483
OTHER ASSETS
Operating lease right-of-use assets	693,545	704,992
Other assets	175,517	173,166
Total Assets	6,758,312	6,952,611
CURRENT LIABILITIES
Accounts payable	215,410	236,162
Current operating lease liabilities	73,775	73,832
Accrued expenses	196,110	317,575
Accrued interest	53,164	61,987
Deferred revenue	163,310	158,540
Current portion of long-term debt	289	340
Total Current Liabilities	702,058	848,436
Long-term debt	5,216,503	5,214,810
Noncurrent operating lease liabilities	749,365	762,820
Deferred income taxes	315,679	339,768
Other long-term liabilities	173,281	171,535
Commitments and contingent liabilities (Note 6)
STOCKHOLDERS' DEFICIT
Noncontrolling interest	6,400	9,397
Preferred stock, par value $.001 per share, $100,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in capital	2,955,043	2,947,096
Accumulated deficit	(3,348,650)	(3,330,142)
Accumulated other comprehensive loss	(1,347)	(1,128)
Cost of shares (999,647 in 2024 and 983,589 in 2023) held in treasury	(10,166)	(10,127)
Total Stockholders' Deficit	(398,574)	(384,758)
Total Liabilities and Stockholders' Deficit	6,758,312	6,952,611
Class A Common Stock
STOCKHOLDERS' DEFICIT
Common stock	125	125
Class B Common Stock
STOCKHOLDERS' DEFICIT
Common stock	21	21
Special Warrants
STOCKHOLDERS' DEFICIT
Common stock	$ 0	$ 0

About iHeartMedia Inc

iHeartMedia, Inc. operates as a media and entertainment company worldwide. The company 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 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. 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. iHeartMedia, Inc. is headquartered in San Antonio, Texas.

CEO	Mr. Robert W. Pittman
WEBSITE	iheartmedia.com
INDUSTRY	Media
EMPLOYEES	9350

iHeartMedia Inc Frequently Asked Questions

What is the ticker symbol for iHeartMedia Inc? What does IHRT stand for in stocks?

IHRT is the stock ticker symbol of iHeartMedia Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of iHeartMedia Inc (IHRT)?

As of Fri May 17 2024, market cap of iHeartMedia Inc is 181.25 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IHRT stock?

You can check IHRT's fair value in chart for subscribers.

What is the fair value of IHRT stock?

You can check IHRT's fair value in chart for subscribers. The fair value of iHeartMedia Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of iHeartMedia Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IHRT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is iHeartMedia Inc a good stock to buy?

The fair value guage provides a quick view whether IHRT is over valued or under valued. Whether iHeartMedia Inc is cheap or expensive depends on the assumptions which impact iHeartMedia Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IHRT.

What is iHeartMedia Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, IHRT's PE ratio (Price to Earnings) is -0.2 and Price to Sales (PS) ratio is 0.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IHRT PE ratio will change depending on the future growth rate expectations of investors.