Seaport Res Ptn Expects Lower Earnings for Paramount Global

Key Points

• Seaport Res Ptn has reduced its Q1 2026 earnings per share estimate for Paramount Global from $0.37 to $0.33, maintaining a "Strong Sell" rating on the stock.
• The company recently reported Q2 earnings of $0.46 per share, exceeding the consensus estimate of $0.44, but fell short on revenue expectations at $6.85 billion.
• Paramount Global announced a quarterly dividend of $0.05, with an annualized yield of 1.0%, although its payout ratio stands at a negative -666.67%.

Paramount Global (NASDAQ:PARAA - Free Report) - Equities research analysts at Seaport Res Ptn cut their Q1 2026 EPS estimates for Paramount Global in a report released on Friday, August 1st. Seaport Res Ptn analyst D. Joyce now anticipates that the company will earn $0.33 per share for the quarter, down from their prior estimate 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 $2.25 per share.

Paramount Global Price Performance

NASDAQ PARAA traded down $0.69 on Monday, reaching $17.19. The company had a trading volume of 406,716 shares, compared to its average volume of 66,229. The stock has a market capitalization of $11.59 billion, a PE ratio of -572.64 and a beta of 1.27. Paramount Global has a 12 month low of $16.70 and a 12 month high of $24.50. The company has a quick ratio of 1.21, a current ratio of 1.39 and a debt-to-equity ratio of 0.83. The firm's 50 day moving average price is $22.42 and its 200 day moving average price is $22.56.

Paramount Global (NASDAQ:PARAA - Get Free Report) last released 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. The company had revenue of $6.85 billion for the quarter, compared to the consensus estimate 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 16th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, June 16th. Paramount Global's dividend payout ratio is presently -666.67%.

Institutional Trading of Paramount Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PARAA. Gamco Investors INC. ET AL grew its holdings in shares of Paramount Global by 0.4% in the first quarter. Gamco Investors INC. ET AL now owns 2,729,928 shares of the company's stock valued at $62,106,000 after purchasing an additional 11,217 shares in the last quarter. Gabelli Funds LLC boosted its stake in shares of Paramount Global by 0.9% during the first quarter. Gabelli Funds LLC now owns 1,850,097 shares of the company's stock worth $42,090,000 after buying an additional 16,514 shares during the period. Geode Capital Management LLC lifted its position in Paramount Global by 11.6% during the 4th quarter. Geode Capital Management LLC now owns 275,630 shares of the company's stock worth $6,147,000 after acquiring an additional 28,615 shares during the period. 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 valued at $5,544,000 after purchasing an additional 18,758 shares during the period. Finally, Millennium Management LLC raised its position in Paramount Global by 41.2% during the 4th quarter. Millennium Management LLC now owns 230,283 shares of the company's stock worth $5,135,000 after buying an additional 67,177 shares during the last quarter. Institutional investors and hedge funds own 5.98% of the company's stock.

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.