iHeartMedia, Inc. (NASDAQ:IHRT – Free Report) – Barrington Research lowered their Q2 2025 EPS estimates for iHeartMedia in a research note issued on Tuesday, May 13th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of ($0.32) for the quarter, down from their previous estimate of ($0.21). The consensus estimate for iHeartMedia’s current full-year earnings is ($0.13) per share. Barrington Research also issued estimates for iHeartMedia’s Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.18 EPS, FY2025 earnings at ($0.77) EPS, Q1 2026 earnings at ($0.30) EPS, Q2 2026 earnings at ($0.11) EPS, Q3 2026 earnings at $0.25 EPS, Q4 2026 earnings at $0.59 EPS, FY2026 earnings at $0.43 EPS and FY2027 earnings at $0.16 EPS.
iHeartMedia (NASDAQ:IHRT – Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.63) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.16). The business had revenue of $807.10 million during the quarter, compared to analysts’ expectations of $790.17 million.
View Our Latest Analysis on IHRT
iHeartMedia Trading Down 5.7%
IHRT opened at $1.16 on Thursday. The stock’s 50 day simple moving average is $1.31 and its 200-day simple moving average is $1.87. The stock has a market cap of $170.73 million, a PE ratio of -0.17 and a beta of 1.72. iHeartMedia has a 1 year low of $0.81 and a 1 year high of $2.84.
Hedge Funds Weigh In On iHeartMedia
Several institutional investors have recently added to or reduced their stakes in IHRT. US Bancorp DE boosted its holdings in shares of iHeartMedia by 224.0% in the 1st quarter. US Bancorp DE now owns 16,402 shares of the company’s stock worth $27,000 after acquiring an additional 11,339 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in iHeartMedia in the first quarter worth $32,000. BNP Paribas Financial Markets bought a new stake in shares of iHeartMedia during the fourth quarter worth $33,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of iHeartMedia in the first quarter valued at $46,000. Finally, State of Wyoming acquired a new position in iHeartMedia during the 4th quarter worth about $49,000. 93.89% of the stock is owned by institutional investors.
Insider Transactions at iHeartMedia
In related news, CEO Robert W. Pittman purchased 200,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were purchased at an average cost of $1.60 per share, for a total transaction of $320,000.00. Following the completion of the transaction, the chief executive officer now directly owns 4,241,389 shares of the company’s stock, valued at approximately $6,786,222.40. The trade was a 4.95% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard J. Bressler acquired 100,000 shares of the company’s stock in a transaction on Friday, March 7th. The shares were bought at an average price of $1.79 per share, with a total value of $179,000.00. Following the completion of the purchase, the insider now directly owns 3,617,764 shares of the company’s stock, valued at approximately $6,475,797.56. This represents a 2.84% increase in their ownership of the stock. The disclosure for this purchase can be found here. 8.50% of the stock is currently owned by insiders.
iHeartMedia Company Profile
iHeartMedia, Inc operates as an audio media company in the United States and internationally. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship and events, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents syndicated radio programs and services to radio station affiliates.
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