Paramount Global (NASDAQ:PARAA – Free Report) – Equities research analysts at Seaport Res Ptn cut their Q1 2026 EPS estimates for shares of Paramount Global in a research report issued to clients and investors on Monday, July 28th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings per share of $0.37 for the quarter, down from their prior estimate of $0.42. Seaport Res Ptn has a “Strong Sell” rating on the stock. The consensus estimate for Paramount Global’s current full-year earnings is $2.25 per share.
Paramount Global (NASDAQ:PARAA – Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.02. Paramount Global had a negative net margin of 19.09% and a positive return on equity of 4.80%. The firm had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.88 billion.
Paramount Global Price Performance
Paramount Global Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 16th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. Paramount Global’s dividend payout ratio is presently -2.43%.
Institutional Trading of Paramount Global
Large investors have recently made changes to their positions in the company. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Paramount Global by 1,152.0% in the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 125,200 shares of the company’s stock valued at $2,792,000 after acquiring an additional 115,200 shares during the last quarter. Millennium Management LLC grew its position in shares of Paramount Global by 41.2% in the fourth quarter. Millennium Management LLC now owns 230,283 shares of the company’s stock valued at $5,135,000 after purchasing an additional 67,177 shares in the last quarter. AQR Arbitrage LLC purchased a new stake in shares of Paramount Global in the fourth quarter valued at approximately $1,335,000. Strs Ohio acquired a new stake in shares of Paramount Global in the first quarter valued at approximately $1,193,000. Finally, Geode Capital Management LLC lifted its position in Paramount Global by 11.6% during the fourth quarter. Geode Capital Management LLC now owns 275,630 shares of the company’s stock worth $6,147,000 after buying an additional 28,615 shares in the last quarter. 5.98% of the stock is currently owned by hedge funds and other institutional investors.
Paramount Global Company Profile
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.
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