Seaport Res Ptn Issues Negative Estimate for PARAA Earnings

Paramount Global (NASDAQ:PARAA) – Equities research analysts at Seaport Res Ptn lowered their Q1 2026 earnings per share estimates for Paramount Global in a report released on Friday, August 1st. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of $0.33 for the quarter, down from their prior estimate of $0.37. Seaport Res Ptn currently 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) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.02. The company had revenue of $6.85 billion for the quarter, compared to analysts’ expectations of $6.88 billion. Paramount Global had a positive return on equity of 4.51% and a negative net margin of 0.05%.

Paramount Global Stock Performance

NASDAQ:PARAA opened at $19.61 on Monday. The stock’s 50-day moving average is $22.71 and its 200-day moving average is $22.67. The company has a current ratio of 1.39, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. The stock has a market cap of $13.22 billion, a P/E ratio of -653.45 and a beta of 1.27. Paramount Global has a 1-year low of $18.00 and a 1-year high of $24.50.

Paramount Global Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 16th were paid a $0.05 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.20 annualized dividend and a yield of 1.0%. Paramount Global’s payout ratio is -666.67%.

Hedge Funds Weigh In On Paramount Global

Institutional investors have recently added to or reduced their stakes in the business. Ethic Inc. raised its position in shares of Paramount Global by 35.7% during the second quarter. Ethic Inc. now owns 12,581 shares of the company’s stock worth $283,000 after purchasing an additional 3,311 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Paramount Global during the second quarter worth approximately $213,000. Strs Ohio acquired a new position in shares of Paramount Global during the first quarter worth approximately $1,193,000. SageView Advisory Group LLC raised its position in shares of Paramount Global by 25.9% during the first quarter. SageView Advisory Group LLC now owns 18,000 shares of the company’s stock worth $409,000 after purchasing an additional 3,700 shares during the period. Finally, Pentwater Capital Management LP raised its position in shares of Paramount Global by 412.5% during the first quarter. Pentwater Capital Management LP now owns 30,750 shares of the company’s stock worth $700,000 after purchasing an additional 24,750 shares during the period. 5.98% of the stock is owned by institutional investors and hedge funds.

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.