What is the target price for iHeartMedia?
Their forecasts range from $24.00 to $39.00. On average, they anticipate iHeartMedia's stock price to reach $29.86 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price. View analysts' price targets for iHeartMedia or view top-rated stocks among Wall Street analysts. Who are iHeartMedia's key executives?
Does iHeartMedia stock have an upside of 48%?
According to analysts' consensus price target of $29.86, iHeartMedia has a forecasted upside of 48.8% from its current price of $20.07. iHeartMedia has received no research coverage in the past 90 days.
Who bought iHeartMedia (IHRT) stock?
IHRT stock was bought by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, and Clear Harbor Asset Management LLC. Company insiders that have bought iHeartMedia stock in the last two years include Michael B Mcguinness, Richard J Bressler, and Robert W Pittman.
What was the Q4 2018 earnings report for iHeartMedia?
iHeartMedia, Inc. (NASDAQ:IHRT) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.10 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.01. The firm earned $928.05 million during the quarter, compared to analysts' expectations of $908.34 million.
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When did Iheart media go public?
iHeartMedia announces that its Class A common stock will return to public trading on the NASDAQ Global Select Market on July 18. iHeartMedia will be listed as “IHRT” on the ticker for its IPO. iHeartMedia, Inc.
What is iHeartRadio worth?
IHeartMedia net worth as of July 15, 2022 is $0.92B.
Is Iheart a publicly traded company?
(Nasdaq: IHRT), the number one audio company in America, today completed an exchange of iHeartMedia Warrants into shares of iHeartMedia Class A Common Stock, the Company's publicly traded equity, or Class B Common Stock.
Is iHeartRadio in financial trouble?
Formerly known as Clear Channel, iHeartMedia filed for Chapter 11 bankruptcy in March 2018 after amassing more than $20 billion in debt following a leveraged buyout a decade earlier. The company owns more than 850 radio stations, the iHeartRadio music-streaming service and a sizable live concert business.
Is iHeartRadio a monopoly?
One Man Controls Live Nation, iHeartRadio, SIRIUSXM, Ticketmaster, and Pandora — And That's A Problem. You've likely never heard of Liberty Media, but its tendrils grow far and wide. It's an American mass media company controlled by chairman John C. Malone.
What company owns iHeartRadio?
iHeartMediaiHeart / Parent organizationiHeartMedia, Inc., formerly CC Media Holdings, Inc., is an American mass media corporation headquartered in San Antonio, Texas. Wikipedia
Is iHeartMedia a buy?
iHeartMedia has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
How does iHeart make money?
Revenue from its Digital Audio Group, which includes not only podcasting, but also streaming, websites, and other digital assets, jumped 59% year over year to $273.2 million. Increases were also recorded at iHeart's Multiplatform Group, which includes its 850 radio stations.
Is iHeartMedia a Fortune 500 company?
Fortune placed iHeartMedia at No. 753 in the latest rankings, based on 2020 revenue of about $2.9 billion.
What happened to iHeartRadio?
In 2014, the iHeartRadio Talk feature was rebranded to "Shows & Personalities" and in 2016 the feature became known simply as "Podcasts".
How much debt does iHeartRadio have?
iHeartMedia Could Be a Thriving Business – If It Didn't Have $20 Billion in Debt. Being America's largest radio station owner doesn't mean as much as it used to in the era of podcasts and YouTube, but iHeartMedia's business model still works.
How big is iHeartMedia?
About iHeartMedia With 245 million monthly listeners in the U.S., 97 million monthly digital uniques and 196 million monthly consumers of its Total Traffic and Weather Network, iHeartMedia has the largest reach of any radio or television outlet in America.
Is iHeartRadio better than Spotify?
Spotify users can enjoy offline playback, unlimited skipping, on-demand play and ad-free listening depending on the subscription. On the other hand, iHeartRadio has extra features such as live radio, offline listening via song download, custom radio stations and unlimited song skips.
Who is the CEO of iHeartRadio?
Bob PittmanBob Pittman is Chairman and Chief Executive Officer of iHeartMedia, Inc., America's #1 audio company, serving as Chairman and Chief Executive Officer since 2011 and Chairman since 2013.
How does iHeart make money?
Revenue from its Digital Audio Group, which includes not only podcasting, but also streaming, websites, and other digital assets, jumped 59% year over year to $273.2 million. Increases were also recorded at iHeart's Multiplatform Group, which includes its 850 radio stations.
Which is better iHeartRadio or Pandora?
While Pandora has been criticized for lack of a human element in its presentation, iHeartRadio allows users to access not only music but also the human commentary and personality that accompany it on whatever local station listeners choose.
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How to calculate restricted stock?
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Who owns restricted shares of a company?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
Is index time real time?
Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.
Does IHRT pay dividends?
Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Source: FactSet
What is the iHeartMedia ticker symbol?
IHRT is not currently paying a regular dividend.
When is the earnings conference call for iHeartMedia?
iHeartMedia trades on the NASDAQ under the ticker symbol "IHRT."
What is Marketbeat community ratings?
iHeartMedia will be holding an earnings conference call on Thursday, August 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "7591477".
What is the P/E ratio of iHeartMedia?
MarketBeat's community ratings are surveys of what our community members think about iHeartMedia and other stocks. Vote “Outperform” if you believe IHRT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IHRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is iHeartMedia?
The P/E ratio of iHeartMedia is -11.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Is iHeartMedia a buy?
iHeartMedia, Inc. operates as a media and entertainment company worldwide . It operates through two segments, Audio, and Audio & Media Services. The Audio segment offers broadcast radio, digital, mobile, podcasts, social, program syndication, traffic, weather, news and sports data distribution, and on-demand entertainment, as well as live events, including mobile platforms and products; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,500 radio station affiliates. It also delivers real-time traffic and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2020, this segment owned 858 radio stations, which included 244 AM and 614 FM radio stations. The Audio and Media Services segment engages in the media representation business. This segment also provides broadcast and webcast software, such as radio station automation, music scheduling, HD2 solutions, newsroom software, audio logging and archiving, single station automation, and contest tracking software; and real-time audio recognition technology to approximately 9,000 radio stations, television music channels, cable companies, satellite music networks, and Internet stations. 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.
Does iHeartMedia pay dividends?
iHeartMedia has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
What is iHeartMedia Inc?
iHeartMedia does not currently pay a dividend.
Does market cap include convertible securities?
iHeartMedia Inc is a US-based diversified media and entertainment company. It operates its business through two segments; Audio and Audio and Media Services. Its Audio segment which derives majority revenue offers broadcast and digital radio, online and mobile services and products, traffic and weather data distribution, outdoor advertising services. It also provides outdoor advertising services in Asia, Australia, Europe and Latin America. Its assets incl
