• CITADEL BROADCASTING CORP Profile

    You might say this company is interested in letters -- radio call letters, that is. Citadel Broadcasting is the #3 radio broadcaster in the US in terms of number of stations (behind Clear Channel Communications and Cumulus Media), with more than 220 AM and FM stations serving more than 50 markets around the country. Most of the company's stations operate in market clusters, sharing administration and other back-office functions. The stations offer a variety of music formats, as well as news, talk, and sports. In addition, Citadel owns ABC Radio Network, one of the leading syndicators of radio news and entertainment programming. Theodore Forstmann owns almost 30% of the company through his Forstmann Little & Co.
    Farid Suleman
    CEO
    7201 W. Lake Mead Blvd., Ste. 400

    Las Vegas, NV 89128

    http://www.citadelbroadcasting.com

    Phone: 702-804-5200

    Fax: 702-804-8250
    Sector: Services Industry: Media
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2006 Employees
    $719,800,000 66.3% $-1,285,200,000 3,392
  • Key Executives: CDL

    Name Title Officer Since
    Farid Suleman CEO 3/1/02
    Judith A. Ellis COO -
    Randy Taylor CFO -
    Jacquelyn J. Orr General Counsel -
    Sandra J. Horbach Vice President 1/1/01
    Thomas V. Reifenheiser Director 11/30/07
    Charles P. Rose, Jr. Director 1/1/03
    Herbert J. Siegel Director 1/1/03
  • Top Competitors: CDL

  • Insider Trends: CDL

    Sentiment for CDL is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: CDL

    Date Name Shares Transaction Type Market Value
    06/27/08 ELLIS JUDITH A 125,000 Award of Stock Options $152,500.00
    06/27/08 ORR JACQUELYN J 35,000 Award of Stock Options $42,700.00
    06/27/08 STRATFORD PATRICIA 35,000 Award of Stock Options $42,700.00
  • Ownership Breakdown : CDL

    Large Block Holder Type Number  
    Institutions 344.00
     
    Mutual Fund 366.00
    Other Major 18.00
  • Short Interest Volume: CDL

    Data as of 7/28/08
    Current Short Interest Shares 28.33 M
    Current Short Interest Ratio 22.20
    Float 253.02 M
    Short Interest as % of Float 11.20
    Average Daily Volume 1.19 M
    Outstanding Shares 270.02 M