with 245 million monthly listeners in the u.s., 87 million monthly digital uniques, over 75 million social followers 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. it serves over 150 markets through 858 owned radio stations, and the company’s radio stations and content can be heard on am/fm, hd digital radio, satellite radio, on the internet at iheartradio.com and on the company’s radio station websites, on the iheartradio mobile app, in enhanced auto dashes, on tablets and smartphones, and on gaming consoles. iheartradio, iheartmedia’s digital radio platform, is the no. 1 all-in-one digital audio service with over 700 million downloads; it reached its first 20 million registered users faster than any digital service in internet history and reached 70 million users faster than any other radio or digital music service and even faster than facebook. the company’s operations incl
Company profile
Ticker
IHRT
Exchange
Website
CEO
Robert W. Pittman
Employees
Location
Fiscal year end
Industry (SIC)
Former names
BT Triple Crown Capital Holdings III, Inc., C C Media Holdings Inc, CC Media Holdings Inc
SEC CIK
Corporate docs
Subsidiaries
Austin Tower Company • Broader Media Holdings, LLC • The Black Effect, LLC • iHM Licenses, LLC • Christal Radio Sales, Inc. • iHeartCommunications, Inc. • iHeartMedia + Entertainment, Inc. • iHeartMedia Capital I, LLC • iHeartMedia Capital II, LLC • iHeartMedia Management Services, Inc. ...
IRS number
260241222
IHRT stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
15 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Iheartmedia, Inc. Reports Results for 2023 Fourth Quarter and Full Year
29 Feb 24
8-K
Regulation FD Disclosure
12 Feb 24
8-K
Amendments to Articles of Incorporation or Bylaws
22 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Iheartmedia, Inc. Reports Results for 2023 Third Quarter
9 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Iheartmedia, Inc. Reports Results for 2023 Second Quarter
8 Aug 23
8-K
Departure of Directors or Certain Officers
19 May 23
Transcripts
IHRT
Earnings call transcript
2023 Q4
29 Feb 24
IHRT
Earnings call transcript
2023 Q3
9 Nov 23
IHRT
Earnings call transcript
2023 Q2
8 Aug 23
IHRT
Earnings call transcript
2023 Q1
2 May 23
IHRT
Earnings call transcript
2022 Q4
28 Feb 23
IHRT
Earnings call transcript
2022 Q3
3 Nov 22
IHRT
Earnings call transcript
2022 Q2
7 Aug 22
IHRT
Earnings call transcript
2022 Q1
8 May 22
IHRT
Earnings call transcript
2021 Q4
23 Feb 22
IHRT
Earnings call transcript
2021 Q3
7 Nov 21
Latest ownership filings
4
Scott D Hamilton
27 Feb 24
4
Jordan Fasbender
27 Feb 24
4
MICHAEL B MCGUINNESS
27 Feb 24
4
RICHARD J BRESSLER
27 Feb 24
4
ROBERT W PITTMAN
27 Feb 24
4
Jordan Fasbender
20 Feb 24
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9 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 213.48 mm | 213.48 mm | 213.48 mm | 213.48 mm | 213.48 mm | 213.48 mm |
Cash burn (monthly) | (no burn) | 6.86 mm | (no burn) | 58.69 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 45.66 mm | n/a | 390.52 mm | n/a | n/a |
Cash remaining | n/a | 167.82 mm | n/a | -177.04 mm | n/a | n/a |
Runway (months of cash) | n/a | 24.5 | n/a | -3.0 | n/a | n/a |
Institutional ownership, Q3 2023
17.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 311 |
Opened positions | 40 |
Closed positions | 32 |
Increased positions | 96 |
Reduced positions | 134 |
13F shares | Current |
---|---|
Total value | 5.07 tn |
Total shares | 22.06 mm |
Total puts | 133.10 k |
Total calls | 288.70 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.18 mm | $732.40 bn |
Vanguard | 2.31 mm | $531.15 bn |
Abrams Capital Management | 2.11 mm | $485.11 bn |
Impactive Capital | 1.99 mm | $457.36 bn |
Neuberger Berman | 1.44 mm | $331.48 bn |
Dimensional Fund Advisors | 828.72 k | $190.67 bn |
STT State Street | 788.81 k | $181.48 bn |
Simcoe Capital Management | 632.90 k | $145.61 bn |
Congress Asset Management | 517.70 k | $119.11 bn |
Capital Research Global Investors | 438.81 k | $100.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Feb 24 | Scott D Hamilton | Class A Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 2,500 | 0.00 | 26,146 |
25 Feb 24 | Jordan Fasbender | Class A Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 264,580 |
25 Feb 24 | Jordan Fasbender | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 75,000 |
25 Feb 24 | Mcguinness Michael B | Class A Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 87,500 | 0.00 | 417,432 |
25 Feb 24 | Mcguinness Michael B | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 87,500 | 0.00 | 87,500 |
25 Feb 24 | Bressler Richard J | Class A Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 350,000 | 0.00 | 2,992,734 |
25 Feb 24 | Bressler Richard J | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 770,000 | 0.00 | 770,000 |
25 Feb 24 | Pittman Robert W | Class A Common Stock, par value $0.001 per share | Grant | Acquire A | No | No | 0 | 350,000 | 0.00 | 3,516,359 |
25 Feb 24 | Pittman Robert W | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 770,000 | 0.00 | 770,000 |
News
12 Communication Services Stocks Moving In Tuesday's Pre-Market Session
26 Mar 24
Mundo Hispano Digital Embarks On Exclusive Content And Revenue Partnership With iHeartMedia
26 Mar 24
12 Communication Services Stocks Moving In Thursday's After-Market Session
21 Mar 24
Guggenheim Maintains Buy on iHeartMedia, Lowers Price Target to $5
4 Mar 24
Why Butterfly Network Shares Are Trading Lower By 22%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
29 Feb 24
Press releases
iHeartMedia, Inc. to Report Quarterly Financial Results on May 9, 2024
18 Apr 24
iHeartMedia Celebrates The Best in Podcasting During The Sixth Annual iHeartPodcast Awards Presented by The Hartford Live at SXSW
12 Mar 24
Hello Sunshine and iHeartPodcasts Join Forces to Launch New Daily Podcast "The Bright Side"
8 Mar 24
PITBULL TO TAKE THE STAGE AT POSSIBLE WITH IHEARTMEDIA
7 Mar 24
The 2024 iHeartRadio Music Awards, Airing Monday, April 1 on FOX Featuring Performances by Justin Timberlake, Green Day, TLC, Jelly Roll, Lainey Wilson, Tate McRae and More Live from Dolby Theatre in Los Angeles
4 Mar 24