iHeartMedia Inc (NASDAQ:IHRT) shares, rose in value on Friday, July 11, with the stock price down by -1.49% to the previous day’s close as strong demand from buyers drove the stock to $1.98.
Actively observing the price movement in the last trading, the stock closed the session at $2.01, falling within a range of $1.95 and $2.045. The value of beta (5-year monthly) was 1.761. Referring to stock’s 52-week performance, its high was $2.84, and the low was $0.95. On the whole, IHRT has fluctuated by 10.00% over the past month.
With the market capitalization of iHeartMedia Inc currently standing at about $265.16 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.76B, with a low estimate of 906.7M and a high estimate of 921.02M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 912.35M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IHRT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of IHRT currently trading nearly 8.79% and 31.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.82, while the 7-day volatility ratio is showing 5.86% which for the 30-day chart, stands at 8.17%. Furthermore, iHeartMedia Inc (IHRT)’s beta value is 1.87.
Data on historical trading for iHeartMedia Inc (NASDAQ:IHRT) indicates that the trading volumes over the past 10 days have averaged 0.66 and over the past 3 months, they’ve averaged 733.72K. According to company’s latest data on outstanding shares, there are 128.29 million shares outstanding.
Nearly 23.32% of iHeartMedia Inc’s shares belong to company insiders and institutional investors own 75.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.65 million shares as on 2025-06-13, resulting in a short ratio of 8.9. According to the data, the short interest in iHeartMedia Inc (IHRT) stood at 821.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 6.89 million. The stock has risen by 83.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IHRT stock heading into the next quarter.
