IHRT stock icon

iHeartMedia
IHRT

$1
0.99%
 

About: iHeartMedia Inc is a United States-based diversified media and entertainment company. The company operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.

Employees: 10,800

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

2.18% less ownership

Funds ownership: 74.99% [Q4 2023] → 72.8% (-2.18%) [Q1 2024]

17% less funds holding

Funds holding: 147 [Q4 2023] → 122 (-25) [Q1 2024]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 4 (-1) [Q1 2024]

24% less capital invested

Capital invested by funds: $247M [Q4 2023] → $188M (-$59.1M) [Q1 2024]

33% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 48

41% less call options, than puts

Call options by funds: $274K | Put options by funds: $467K

71% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 35

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$1
0%
upside
Avg. target
$2.50
150%
upside
High target
$5
400%
upside

4 analyst ratings

positive
50%
neutral
25%
negative
25%
B of A Securities
Jessica Reif Cohen
0%upside
$1
Underperform
Maintained
3 Jun 2024
Guggenheim
Curry Baker
200%upside
$3
Buy
Maintained
16 May 2024
Goldman Sachs
Stephen Laws
0%upside
$1
Neutral
Maintained
13 May 2024
Guggenheim
Curry Baker
400%upside
$5
Buy
Maintained
4 Mar 2024

Financial journalist opinion

Based on 3 articles about IHRT published over the past 30 days