iHeartMedia, Inc. Class A (IHRT)

Over the past six months, iHeartMedia's share price increased significantly by 93.93% from January 6, 2025, to January 2, 2026. In November 2025, Q3 financial results showed better-than-expected revenue but a GAAP loss below analysts' estimates, leading to a stock drop. In November 2024, Q3 earnings met revenue expectations and beat EPS estimates. In May 2024, the company missed Q1 revenue estimates, causing the stock to drop. A report about Netflix licensing iHeartMedia's video podcasts caused the shares to hit a two-year high.

While specific seasonal patterns are not detailed, iHeartMedia's activities suggest some demand seasonality. The company celebrates the holiday season with a holiday music flip and the "iHeartRadio Holiday Special," indicating increased engagement and potentially advertising revenue during this period. Media and advertising often fluctuate based on consumer behavior and advertising budgets, with holidays typically being a peak time.

iHeartMedia, Inc. (IHRT) is an American audio media company in the Broadcasting industry, delivering audio content and services. Its offerings include broadcast radio stations, national radio networks, sponsorships, live and virtual events, podcasting, the iHeartRadio digital service, digital advertising technology, digital websites, newsletters, media representation via Katz Media Group, and broadcast software solutions through RCS Sound Software.

iHeartMedia has an extensive geographic footprint across the United States, operating between 848 and 860 live broadcast radio stations in approximately 160 U.S. markets. It has a strong presence in major metropolitan areas, covering 48 of the top 50 markets and 86 of the top 100 markets, reaching 9 out of 10 Americans every month, totaling a quarter of a billion monthly listeners.

In the past year, iHeartMedia has maintained a positive brand presence through initiatives and partnerships. The company announced the nominees for the 2026 iHeartRadio Music Awards and partnered with Netflix for video podcasts. Other news includes iHeartMedia's annual holiday music flip and the return of the "iHeartRadio Holiday Special" in November 2025, as well as partnerships with TikTok and Amazon Ads. These activities demonstrate ongoing engagement and strategic collaborations.

iHeartMedia's ownership is heavily concentrated among institutional investors, holding between 73.27% and 81.61% of the shares. Major institutional owners include Allianz Asset Management GmbH, PIMCO Income Fund Class A, BlackRock, Inc., Vanguard Group Inc, Charles Schwab Investment Management Inc, Oak Hill Advisors Lp, Douglas Lane & Associates, LLC, Acadian Asset Management Llc, Goldman Sachs Group Inc, and Deutsche Bank Ag. Global Media Entertainment Investments Ltd is the largest individual shareholder, owning 24.16% of the company's shares. Individual investors hold approximately 9.95% to 20% of the company. CEO Robert Pittman holds a 2.1% ownership stake.