Seaport Res Ptn Issues Negative Estimate for PARA Earnings

Key Points

• Seaport Res Ptn has downgraded its Q1 2026 earnings per share estimate for Paramount Global from $0.37 to $0.33, maintaining a "Strong Sell" rating on the stock.
• In its recent quarterly earnings report, Paramount Global posted an earnings per share of $0.46, surpassing analysts' expectations of $0.37.
• Various analysts have adjusted their price targets for Paramount Global, with Wells Fargo reducing its target from $12.00 to $10.00 and Guggenheim maintaining a "buy" rating with a target of $14.00.

Paramount Global (NASDAQ:PARA - Free Report) - Equities researchers at Seaport Res Ptn dropped their Q1 2026 earnings per share (EPS) estimates for shares of Paramount Global in a report released on Friday, August 1st. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $0.33 for the quarter, down from their prior forecast of $0.37. 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.

Paramount Global (NASDAQ:PARA - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.09. The business had revenue of $6.85 billion during the quarter, compared to analyst estimates of $6.88 billion. Paramount Global had a positive return on equity of 4.51% and a negative net margin of 0.05%. The company's revenue was up .5% on a year-over-year basis. During the same quarter last year, the business posted $0.54 EPS.

A number of other equities analysts have also weighed in on PARA. Wells Fargo & Company reduced their price objective on Paramount Global from $12.00 to $10.00 and set an "underweight" rating for the company in a research note on Friday. Guggenheim reiterated a "buy" rating and set a $14.00 price objective on shares of Paramount Global in a research note on Thursday, June 26th. UBS Group reduced their price objective on Paramount Global from $11.00 to $10.00 and set a "sell" rating for the company in a research note on Tuesday, April 15th. Benchmark reduced their price objective on Paramount Global from $19.00 to $16.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Finally, Citigroup restated a "neutral" rating and set a $12.00 target price (down from $13.00) on shares of Paramount Global in a research report on Thursday, May 29th. Seven analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Paramount Global has an average rating of "Hold" and an average target price of $11.70.

Paramount Global Stock Performance

NASDAQ PARA opened at $13.01 on Monday. The stock has a 50-day simple moving average of $12.52 and a two-hundred day simple moving average of $11.75. The firm has a market capitalization of $8.77 billion, a P/E ratio of -433.52, a PEG ratio of 3.99 and a beta of 1.17. Paramount Global has a fifty-two week low of $9.95 and a fifty-two week high of $13.59. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.39.

Paramount Global Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Monday, June 16th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, June 16th. Paramount Global's payout ratio is presently -666.67%.

Institutional Investors Weigh In On Paramount Global

Institutional investors have recently bought and sold shares of the company. Bell Investment Advisors Inc boosted its holdings in Paramount Global by 100.3% in the 1st quarter. Bell Investment Advisors Inc now owns 2,243 shares of the company's stock worth $27,000 after buying an additional 1,123 shares during the last quarter. Mattson Financial Services LLC acquired a new stake in Paramount Global in the 4th quarter worth about $28,000. Ossiam boosted its holdings in Paramount Global by 57.2% in the 4th quarter. Ossiam now owns 2,810 shares of the company's stock worth $29,000 after buying an additional 1,022 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Paramount Global in the 4th quarter worth about $35,000. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Paramount Global in the 4th quarter worth about $36,000. 73.00% of the stock is currently 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.

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