iHeartMediaIHRT
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
69% more capital invested
Capital invested by funds: $98.3M [Q2] → $166M (+$68.2M) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
7% more funds holding
Funds holding: 104 [Q2] → 111 (+7) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
1.33% less ownership
Funds ownership: 73.03% [Q2] → 71.7% (-1.33%) [Q3]
55% less call options, than puts
Call options by funds: $107K | Put options by funds: $236K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Guggenheim Curry Baker 57% 1-year accuracy 8 / 14 met price target | 115%upside $5 | Buy Maintained | 19 Nov 2024 |
B of A Securities Jessica Reif Cohen 0% 1-year accuracy 0 / 3 met price target | 29%upside $3 | Neutral Upgraded | 12 Nov 2024 |
Financial journalist opinion
Based on 10 articles about IHRT published over the past 30 days
