Paramount Global (NASDAQ:PARAA) Cut to “Strong Sell” at Seaport Res Ptn

Seaport Res Ptn downgraded shares of Paramount Global (NASDAQ:PARAA) from a hold rating to a strong sell rating in a research report report published on Monday morning,Zacks.com reports. Seaport Res Ptn also issued estimates for Paramount Global’s Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $1.25 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $1.45 EPS.

Paramount Global Stock Performance

Shares of PARAA opened at $23.29 on Monday. The business’s fifty day simple moving average is $22.85 and its two-hundred day simple moving average is $22.71. The company has a current ratio of 1.29, a quick ratio of 1.18 and a debt-to-equity ratio of 0.84. Paramount Global has a 12 month low of $21.32 and a 12 month high of $24.50. The company has a market cap of $15.70 billion, a price-to-earnings ratio of -2.83 and a beta of 1.29.

Paramount Global (NASDAQ:PARAA) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.10). The firm had revenue of $7.19 billion for the quarter, compared to the consensus estimate of $7.14 billion. Paramount Global had a negative net margin of 19.09% and a positive return on equity of 4.80%. Research analysts anticipate that Paramount Global will post 2.25 earnings per share for the current fiscal year.

Paramount Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Monday, June 16th were given a dividend of $0.05 per share. The ex-dividend date was Monday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.86%. Paramount Global’s dividend payout ratio (DPR) is presently -2.43%.

Institutional Investors Weigh In On Paramount Global

A number of institutional investors and hedge funds have recently bought and sold shares of PARAA. GABELLI & Co INVESTMENT ADVISERS INC. increased its holdings in shares of Paramount Global by 1,152.0% in the fourth quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 125,200 shares of the company’s stock worth $2,792,000 after purchasing an additional 115,200 shares during the last quarter. Poehling Capital Management INC. increased its holdings in shares of Paramount Global by 8.3% in the first quarter. Poehling Capital Management INC. now owns 243,714 shares of the company’s stock worth $5,544,000 after purchasing an additional 18,758 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Paramount Global by 4,605.4% in the first quarter. GAMMA Investing LLC now owns 22,727 shares of the company’s stock worth $517,000 after purchasing an additional 22,244 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Paramount Global by 4.7% in the first quarter. Bank of New York Mellon Corp now owns 130,744 shares of the company’s stock worth $2,974,000 after purchasing an additional 5,912 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Paramount Global by 11.6% in the fourth quarter. Geode Capital Management LLC now owns 275,630 shares of the company’s stock worth $6,147,000 after purchasing an additional 28,615 shares during the last quarter. 5.98% of the stock is owned by institutional investors.

About Paramount Global

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.