Iheartmedia Class A Stock Today

IHRT Stock  USD 2.45  0.13  5.60%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 40

 
High
 
Low
Below Average
IHeartMedia is selling for under 2.45 as of the 21st of November 2024; that is 5.60% up since the beginning of the trading day. The stock's last reported lowest price was 2.24. IHeartMedia has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Note, on December 15, 2023, Senator Richard Blumenthal of US Senate acquired $50k to $100k worth of iHeartMedia Class's common stock.
Business Domain
Media & Entertainment
IPO Date
7th of May 2019
Category
Communication Services
iHeartMedia, Inc. operates as a media and entertainment company worldwide. 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. The company has 125.79 M outstanding shares of which 5.44 M shares are currently shorted by private and institutional investors with about 10.13 trading days to cover. More on iHeartMedia Class A

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IHeartMedia Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert Pittman
Business ConcentrationBroadcasting, Media & Entertainment, Communication Services, NASDAQ Composite, Communication Services, Media, Broadcasting, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.5395
Way Down
Pretty Stable
Gross Profit Margin0.470.6016
Significantly Down
Very volatile
Net Debt5.4 B5.7 B
Notably Down
Slightly volatile
Total Current Liabilities806 M848.4 M
Notably Down
Very volatile
Non Current Liabilities Total6.2 B6.5 B
Notably Down
Slightly volatile
Total Assets10.7 BB
Way Up
Slightly volatile
Total Current Assets1.9 B1.5 B
Fairly Up
Slightly volatile
Debt Levels
IHeartMedia can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IHeartMedia's financial leverage. It provides some insight into what part of IHeartMedia's total assets is financed by creditors.
Liquidity
iHeartMedia Class A currently holds 6.05 B in liabilities with Debt to Equity (D/E) ratio of 7.31, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. iHeartMedia Class has a current ratio of 1.77, which is within standard range for the sector. Note, when we think about IHeartMedia's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

995.29 Million
iHeartMedia Class A (IHRT) is traded on NASDAQ Exchange in USA. It is located in 20880 Stone Oak Parkway, San Antonio, TX, United States, 78258 and employs 9,180 people. IHeartMedia is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 330.14 M. iHeartMedia Class conducts business under Media sector and is part of Communication Services industry. The entity has 125.79 M outstanding shares of which 5.44 M shares are currently shorted by private and institutional investors with about 10.13 trading days to cover. iHeartMedia Class A currently holds about 294.83 M in cash with 213.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Check IHeartMedia Probability Of Bankruptcy
Ownership Allocation
iHeartMedia Class A has a total of 125.79 Million outstanding shares. The majority of iHeartMedia Class outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in IHeartMedia to benefit from reduced commissions. Accordingly, third-party entities are subject to a different set of regulations than regular investors in iHeartMedia Class A. Please pay attention to any change in the institutional holdings of iHeartMedia Class as this could imply that something significant has changed or is about to change at the company. On December 15, 2023, Senator Richard Blumenthal of US Senate acquired $50k to $100k worth of iHeartMedia Class's common stock.
Check IHeartMedia Ownership Details

IHeartMedia Stock Institutional Holders

InstituionRecorded OnShares
Invesco Senior Secured Management Inc2024-06-30
2.2 M
State Street Corp2024-06-30
2.1 M
Jpmorgan Chase & Co2024-06-30
M
Wells Fargo & Co2024-06-30
1.9 M
Loomis, Sayles & Company Lp2024-06-30
1.5 M
Bridgeway Capital Management, Llc2024-06-30
1.3 M
Bracebridge Capital, Llc2024-06-30
M
Northern Trust Corp2024-09-30
916.4 K
Amvescap Plc.2024-06-30
907.9 K
Allianz Asset Management Ag2024-06-30
22.5 M
Blackrock Inc2024-06-30
M
View IHeartMedia Diagnostics

IHeartMedia Historical Income Statement

At this time, IHeartMedia's Total Revenue is comparatively stable compared to the past year. Gross Profit is likely to gain to about 2.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024. View More Fundamentals

IHeartMedia Stock Against Markets

Additional Tools for IHeartMedia Stock Analysis

When running IHeartMedia's price analysis, check to measure IHeartMedia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.