Should I buy or sell Paramount Global stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PARAA shares. View PARAA analyst ratings or view top-rated stocks .

How have PARAA shares performed in 2024?

Paramount Global's stock was trading at 19.66 at the beginning of the year. Since then, PARAA shares have increased by 7.1% and is now trading at 21.06. View the best growth stocks for 2024 here .

When is Paramount Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our PARAA earnings forecast .

How can I listen to Paramount Global's earnings call?

Paramount Global will be holding an earnings conference call on Monday, April 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "318497".

How were Paramount Global's earnings last quarter?

Paramount Global (NASDAQ:PARAA) posted its earnings results on Wednesday, February, 28th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.08 by $0.04. The firm earned $7.64 billion during the quarter, compared to analyst estimates of $7.89 billion. Paramount Global had a positive trailing twelve-month return on equity of 1.78% and a negative net margin of 2.05%. During the same quarter in the prior year, the company earned $0.08 earnings per share.

How often does Paramount Global pay dividends? What is the dividend yield for Paramount Global?

Paramount Global announced a quarterly dividend on Wednesday, April 10th. Investors of record on Monday, June 17th will be given a dividend of 0.05 per share on Monday, July 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Monday, June 17th. Read our dividend analysis for PARAA .

Is Paramount Global a good dividend stock?

Paramount Global (NASDAQ:PARAA) pays an annual dividend of 0.20 per share and currently has a dividend yield of 0.96%. Read our dividend analysis for PARAA .

Who are Paramount Global's major shareholders?

Paramount Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.00%) and GAMMA Investing LLC (0.00%).

How do I buy shares of Paramount Global?

Shares of PARAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PARAA

Paramount Global (PARAA) Stock Price, News & Analysis

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21.06

+0.25 (+1.20%)

(As of 06:32 PM ET)

Compare

Today's Range: 20.52
▼
21.52
50-Day Range: 19.53
▼
23.96
52-Week Range: 13.40
▼
27.23

Volume: 50,700 shs
Average Volume: 74,644 shs
Market Capitalization: $13.74 billion

P/E Ratio: N/A
Dividend Yield: 0.95%
Price Target: N/A

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Paramount Global MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
6.23% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 91.97%
From 1.37 to 2.63 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.03 out of 5 stars

Consumer Discretionary Sector

225th out of 253 stocks

Television Broadcasting Stations Industry

10th out of 10 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Paramount Global.

3.0

Short Interest

Percentage of Shares Shorted
6.23% of the float of Paramount Global has been sold short.
Short Interest Ratio / Days to Cover
Paramount Global has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in Paramount Global has recently decreased by 12.27%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Paramount Global has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Paramount Global does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Paramount Global will have a dividend payout ratio of 7.60% next year. This indicates that Paramount Global will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PARAA.

1.8

News and Social Media Coverage

News Sentiment
Paramount Global has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Paramount Global this week, compared to 7 articles on an average week.
MarketBeat Follows
Only 2 people have added Paramount Global to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Paramount Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.67% of the stock of Paramount Global is held by insiders.
Percentage Held by Institutions
Only 5.98% of the stock of Paramount Global is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Paramount Global are expected to grow by 91.97% in the coming year, from 1.37 to 2.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Paramount Global is -20.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Paramount Global is -20.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Paramount Global has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Paramount Global Stock (NASDAQ:PARAA)

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands. This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It also offers production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc.

PARAA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PARAA Stock News Headlines

April 17, 2024 | nypost.com

Paramount not expected to reach deal with Skydance by 30-day deadline: report

April 16, 2024 | finance.yahoo.com

Paramount Global (NASDAQ:PARA) Has Announced A Dividend Of $0.05

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 15, 2024 | finance.yahoo.com

Paramount Global-B (PARA) Stock Moves -0.55%: What You Should Know

April 15, 2024 | finance.yahoo.com

Paramount’s High-Grade Bondholders Confront Junk-Status Scenarios

April 13, 2024 | finance.yahoo.com

Paramount Global plans to shrink board to seven directors

April 12, 2024 | nypost.com

Mario Gabelli comes out against Paramount's merger with Skydance: ‘I'd rather see no sale'

April 12, 2024 | nypost.com

Mario Gabelli comes out against Paramount's merger with Skydance: ‘I'd rather see no sale'

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 12, 2024 | reuters.com

Hedge fund Barington urges Paramount to scrap talks with Skydance

April 12, 2024 | msn.com

Paramount Shareholders Express Concerns Over Potential Skydance Media Merger: 'Any Merger Talks That Forego Competitive Bidding...Is Averse To The Fair Market Value Of A Company'

April 12, 2024 | benzinga.com

Paramount Global Stock (NASDAQ:PARAA), Quotes and News Summary

April 11, 2024 | msn.com

Paramount plans to trim size of its board amid merger talks

April 11, 2024 | reuters.com

Paramount shareholders grow increasingly vocal about possible Skydance Media merger

April 11, 2024 | nypost.com

Paramount to shrink board size to 7 as Skydance deal talks escalate

April 11, 2024 | reuters.com

Paramount plans to shrink board to seven directors amid Skydance deal talks

April 11, 2024 | finance.yahoo.com

Why Four Paramount Directors—and Many Shareholders—Aren’t Sticking Around for a Deal

April 11, 2024 | finance.yahoo.com

Disney, Paramount: Entertainment giants under pressure

April 10, 2024 | msn.com

Four Paramount board members to step down amid talks to merge with Skydance: report

April 10, 2024 | msn.com

Paramount Stock Falls With Four Board Members Reportedly Stepping Down Amid Merger Talks

April 10, 2024 | pymnts.com

Paramount Integrates Commerce as Media Giants Compete With TikTok Shop

April 10, 2024 | prnewswire.com

Paramount Global Declares Quarterly Cash Dividend

April 10, 2024 | bloomberg.com

Three Paramount Directors to Step Down During Skydance Talks, WSJ Says

April 10, 2024 | msn.com

Four Paramount Directors to Step Down as Company Discusses Skydance Merger

April 10, 2024 | money.usnews.com

Three Paramount Board Members to Step Down Amid Merger Talks With Skydance, WSJ Reports

April 10, 2024 | msn.com

Paramount, Shari Redstone face investor angst over possible Skydance deal

April 10, 2024 | msn.com

Four directors to leave Paramount board as company holds merger talks: report

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Ex-Dividend for 4/1 Dividend: 3/14/2024
Dividend Payable: 4/01/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/29/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Television broadcasting stations
Sub-Industry: N/A
Current Symbol: NASDAQ:PARAA
CUSIP: N/A
CIK: 813828
Web: www.viacomcbs.com
Phone: (212) 258-6000
Fax: N/A
Employees: 21,900
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): -1.02
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.37
P/E Growth: N/A
Net Income: $-608,000,000.00
Net Margins: -2.05%
Pretax Margin: -4.23%
Return on Equity: 1.78%
Return on Assets: 0.73%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.32
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $29.65 billion
Price / Sales: 0.46
Cash Flow: 24.21 per share
Price / Cash Flow: 0.87
Book Value: 35.30 per share
Price / Book: 0.60

Miscellaneous

Outstanding Shares: 652,480,000
Free Float: 641,589,000
Market Cap: $13.74 billion
Optionable: Optionable
Beta: 1.67

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Key Executives

Mr. Robert Marc Bakish (Age 60)
President, CEO & Director
Comp: $16.05M
Mr. Naveen K. Chopra (Age 50)
Executive VP & CFO
Comp: $3.51M
Ms. Christa A. D'Alimonte (Age 55)
Executive VP, General Counsel & Secretary
Comp: $3.03M
Ms. Nancy Ramsey Phillips (Age 56)
Executive VP & Chief People Officer
Comp: $1.83M
Ms. Doretha F. Lea (Age 59)
Executive Vice President of Global Public Policy & Government Relations
Comp: $1.96M
Ms. Jo Ann Ross
Chairman of Paramount Advertising
Ms. Katherine M. Gill-Charest (Age 60)
Executive VP, Controller & Chief Accounting Officer
Mr. Philip R. Wiser (Age 55)
Executive VP & CTO
Mr. Stephen D. Mirante (Age 59)
Executive VP & Chief Administrative Officer
Mr. Jaime Sue Morris C.F.A.
CPA, Executive Vice President of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

PARAA Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Global stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PARAA shares.
View PARAA analyst ratings or view top-rated stocks.
How have PARAA shares performed in 2024?: Paramount Global's stock was trading at 19.66 at the beginning of the year. Since then, PARAA shares have increased by 7.1% and is now trading at 21.06.
View the best growth stocks for 2024 here.
When is Paramount Global's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our PARAA earnings forecast.
How can I listen to Paramount Global's earnings call?: Paramount Global will be holding an earnings conference call on Monday, April 29th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "318497".
How were Paramount Global's earnings last quarter?: Paramount Global (NASDAQ:PARAA) posted its earnings results on Wednesday, February, 28th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.08 by $0.04. The firm earned $7.64 billion during the quarter, compared to analyst estimates of $7.89 billion. Paramount Global had a positive trailing twelve-month return on equity of 1.78% and a negative net margin of 2.05%. During the same quarter in the prior year, the company earned $0.08 earnings per share.

How often does Paramount Global pay dividends? What is the dividend yield for Paramount Global?: Paramount Global announced a quarterly dividend on Wednesday, April 10th. Investors of record on Monday, June 17th will be given a dividend of 0.05 per share on Monday, July 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Monday, June 17th.
Read our dividend analysis for PARAA.
Is Paramount Global a good dividend stock?: Paramount Global (NASDAQ:PARAA) pays an annual dividend of 0.20 per share and currently has a dividend yield of 0.96%.
Read our dividend analysis for PARAA.
Who are Paramount Global's major shareholders?: Paramount Global's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.00%) and GAMMA Investing LLC (0.00%).
How do I buy shares of Paramount Global?: Shares of PARAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PARAA) was last updated on 4/18/2024 by MarketBeat.com Staff

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Paramount Global (PARAA) Stock Price, News & Analysis

Paramount Global MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Paramount Global Stock (NASDAQ:PARAA)

PARAA Stock Price History

PARAA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PARAA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™