NASDAQ
IHRT

iHeartMedia Inc Class A

Broadcasting
Communication Services

Prices are adjusted according to historical splits.

iHeartMedia Inc Class A Stock Price

Vitals

Today's Low:
$3.25
Today's High:
$3.39
Open Price:
$3.3
52W Low:
$2.21
52W High:
$10.565
Prev. Close:
$3.26
Volume:
1057048

Company Statistics

Market Cap.:
$420.61 million
Book Value:
-2.766
Revenue TTM:
$3.85 billion
Operating Margin TTM:
7.71%
Gross Profit TTM:
$2.43 billion
Profit Margin:
-34.77%
Return on Assets TTM:
2.36%
Return on Equity TTM:
-544.72%

Company Profile

iHeartMedia Inc Class A had its IPO on 2019-05-07 under the ticker symbol IHRT.

The company operates in the Communication Services sector and Broadcasting industry. iHeartMedia Inc Class A has a staff strength of 9,350 employees.

Stock update

Shares of iHeartMedia Inc Class A opened at $3.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.25 - $3.39, and closed at $3.28.

This is a +0.61% increase from the previous day's closing price.

A total volume of 1,057,048 shares were traded at the close of the day’s session.

In the last one week, shares of iHeartMedia Inc Class A have slipped by -7.87%.

iHeartMedia Inc Class A's Key Ratios

iHeartMedia Inc Class A has a market cap of $420.61 million, indicating a price to book ratio of 1.9066 and a price to sales ratio of 0.2155.

In the last 12-months iHeartMedia Inc Class A’s revenue was $3.85 billion with a gross profit of $2.43 billion and an EBITDA of $733.94 million. The EBITDA ratio measures iHeartMedia Inc Class A's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, iHeartMedia Inc Class A’s operating margin was 7.71% while its return on assets stood at 2.36% with a return of equity of -544.72%.

In Q2, iHeartMedia Inc Class A’s quarterly earnings growth was a negative -28.9% while revenue growth was a negative 3.6%.

iHeartMedia Inc Class A’s PE and PEG Ratio

Forward PE
77.5194
Trailing PE
0
PEG
11.1

Its diluted EPS in the last 12-months stands at $-8.44 per share while it has a forward price to earnings multiple of 77.5194 and a PEG multiple of 11.1. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into iHeartMedia Inc Class A’s profitability.

iHeartMedia Inc Class A stock is trading at a EV to sales ratio of 1.889 and a EV to EBITDA ratio of 14.1925. Its price to sales ratio in the trailing 12-months stood at 0.2155.

iHeartMedia Inc Class A stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$6.98 billion
Total Liabilities
$730.40 million
Operating Cash Flow
$-20839000.00
Capital Expenditure
$22.77 million
Dividend Payout Ratio
0%

iHeartMedia Inc Class A ended 2024 with $6.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.98 billion while shareholder equity stood at $-403500000.00.

iHeartMedia Inc Class A ended 2024 with $425.45 million in deferred long-term liabilities, $730.40 million in other current liabilities, 145000.00 in common stock, $-3334212000.00 in retained earnings and $1.72 billion in goodwill. Its cash balance stood at $165.33 million and cash and short-term investments were $165.33 million. The company’s total short-term debt was $76,189,000 while long-term debt stood at $5.32 billion.

iHeartMedia Inc Class A’s total current assets stands at $1.34 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.00 billion compared to accounts payable of $199.95 million and inventory worth $127.39 million.

In 2024, iHeartMedia Inc Class A's operating cash flow was $-20839000.00 while its capital expenditure stood at $22.77 million.

Comparatively, iHeartMedia Inc Class A paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$3.28
52-Week High
$10.565
52-Week Low
$2.21
Analyst Target Price
$6.1

iHeartMedia Inc Class A stock is currently trading at $3.28 per share. It touched a 52-week high of $10.565 and a 52-week low of $10.565. Analysts tracking the stock have a 12-month average target price of $6.1.

Its 50-day moving average was $3.88 and 200-day moving average was $4.93 The short ratio stood at 8.03 indicating a short percent outstanding of 0%.

Around 433.9% of the company’s stock are held by insiders while 9505.5% are held by institutions.

Frequently Asked Questions About iHeartMedia Inc Class A

The stock symbol (also called stock or share ticker) of iHeartMedia Inc Class A is IHRT

The IPO of iHeartMedia Inc Class A took place on 2019-05-07

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About

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.

Address

20880 Stone Oak Parkway, San Antonio, TX, United States, 78258