Paramount Global (NASDAQ:PARA – Free Report) – Seaport Res Ptn cut their Q1 2026 earnings per share estimates for shares of Paramount Global in a report issued on Monday, July 28th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $0.37 per share for the quarter, down from their previous forecast 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 $1.77 per share.
PARA has been the topic of a number of other reports. UBS Group dropped their price target on shares of Paramount Global from $11.00 to $10.00 and set a “sell” rating on the stock in a research note on Tuesday, April 15th. Needham & Company LLC reissued a “hold” rating on shares of Paramount Global in a research note on Tuesday, July 22nd. Wall Street Zen initiated coverage on Paramount Global in a research note on Saturday, May 17th. They issued a “hold” rating on the stock. Guggenheim reissued a “buy” rating and issued a $14.00 target price on shares of Paramount Global in a report on Thursday, June 26th. Finally, Loop Capital upped their price target on shares of Paramount Global from $10.00 to $11.00 and gave the stock a “sell” rating in a research note on Friday, July 25th. Six investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.60.
Paramount Global Stock Performance
Shares of PARA opened at $12.57 on Thursday. The stock has a market capitalization of $8.47 billion, a P/E ratio of -1.53, a P/E/G ratio of 4.08 and a beta of 1.19. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.18 and a current ratio of 1.29. Paramount Global has a 1 year low of $9.95 and a 1 year high of $13.59. The company’s fifty day moving average is $12.50 and its two-hundred day moving average is $11.71.
Paramount Global (NASDAQ:PARA – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.09. Paramount Global had a positive return on equity of 4.80% and a negative net margin of 19.09%. The business had revenue of $6.85 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year.
Paramount Global Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 16th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, June 16th. Paramount Global’s dividend payout ratio is presently -2.43%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Bell Investment Advisors Inc raised its stake in Paramount Global by 100.3% during the first quarter. Bell Investment Advisors Inc now owns 2,243 shares of the company’s stock worth $27,000 after purchasing an additional 1,123 shares during the period. Mattson Financial Services LLC acquired a new position in Paramount Global in the fourth quarter valued at $28,000. Ossiam grew its position in Paramount Global by 57.2% during the fourth quarter. Ossiam now owns 2,810 shares of the company’s stock valued at $29,000 after acquiring an additional 1,022 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in Paramount Global during the fourth quarter worth about $35,000. Finally, Resona Asset Management Co. Ltd. purchased a new position in shares of Paramount Global in the 4th quarter worth about $36,000. 73.00% 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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