FY2025 EPS Forecast for iHeartMedia Boosted by Analyst

iHeartMedia, Inc. (NASDAQ:IHRT) – Investment analysts at Barrington Research boosted their FY2025 earnings per share estimates for iHeartMedia in a research note issued on Tuesday, November 11th. Barrington Research analyst P. Sholl now anticipates that the company will earn ($0.38) per share for the year, up from their previous estimate of ($0.96). The consensus estimate for iHeartMedia’s current full-year earnings is ($0.13) per share. Barrington Research also issued estimates for iHeartMedia’s Q1 2026 earnings at ($0.37) EPS, Q2 2026 earnings at ($0.02) EPS and FY2027 earnings at $0.19 EPS.

iHeartMedia (NASDAQ:IHRT) last posted its earnings results on Monday, November 10th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.64. The company had revenue of $997.01 million during the quarter, compared to analyst estimates of $1.07 billion.

IHRT has been the topic of several other reports. Zacks Research upgraded iHeartMedia from a “strong sell” rating to a “hold” rating in a research note on Friday, August 15th. Wall Street Zen raised shares of iHeartMedia from a “sell” rating to a “hold” rating in a report on Sunday, August 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of iHeartMedia in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group raised their target price on shares of iHeartMedia from $1.25 to $4.00 and gave the stock a “neutral” rating in a report on Wednesday. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $4.25.

iHeartMedia Stock Performance

Shares of IHRT stock opened at $4.25 on Thursday. The company’s 50-day simple moving average is $3.06 and its 200-day simple moving average is $2.18. iHeartMedia has a one year low of $0.95 and a one year high of $4.77. The stock has a market capitalization of $638.10 million, a price-to-earnings ratio of -1.75 and a beta of 1.94.

Institutional Investors Weigh In On iHeartMedia

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers grew its position in shares of iHeartMedia by 2.7% in the third quarter. Rhumbline Advisers now owns 172,609 shares of the company’s stock valued at $495,000 after purchasing an additional 4,603 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iHeartMedia by 42.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 18,655 shares of the company’s stock worth $33,000 after purchasing an additional 5,591 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of iHeartMedia by 15.0% in the second quarter. The Manufacturers Life Insurance Company now owns 43,613 shares of the company’s stock valued at $77,000 after acquiring an additional 5,684 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of iHeartMedia by 11.4% during the second quarter. Intech Investment Management LLC now owns 76,686 shares of the company’s stock worth $135,000 after purchasing an additional 7,857 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of iHeartMedia during the third quarter worth approximately $25,000. Hedge funds and other institutional investors own 93.89% of the company’s stock.

About iHeartMedia

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.