Seaport Res Ptn Issues Negative Forecast for PARA Earnings

Key Points

• Seaport Res Ptn has reduced its Q1 2026 EPS estimate for Paramount Global from $0.42 to $0.37, maintaining a "Strong Sell" rating on the stock.
• Paramount Global reported earnings of $0.29 per share for the last quarter, exceeding consensus estimates, but experienced a revenue decline of 6.4% compared to the previous year.
• Currently, 73% of Paramount Global's stock is held by institutional investors, with a consensus target price set at $11.60.

Paramount Global (NASDAQ:PARA - Free Report) - Research analysts at Seaport Res Ptn decreased their Q1 2026 EPS estimates for Paramount Global in a research report issued on Monday, July 28th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $0.37 per share for the quarter, down from their previous 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 $1.77 per share.

Several other research analysts have also issued reports on the stock. Guggenheim reaffirmed a "buy" rating and issued a $14.00 target price on shares of Paramount Global in a research note on Thursday, June 26th. JPMorgan Chase & Co. reduced their price target on Paramount Global from $11.00 to $10.00 and set an "underweight" rating on the stock in a research report on Wednesday, May 21st. Loop Capital raised their price target on Paramount Global from $10.00 to $11.00 and gave the stock a "sell" rating in a research report on Friday, July 25th. Wall Street Zen started coverage on Paramount Global in a report on Saturday, May 17th. They set a "hold" rating on the stock. Finally, Morgan Stanley raised their target price on Paramount Global from $10.00 to $12.00 and gave the stock an "underweight" rating in a report on Friday. Seven research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, Paramount Global has an average rating of "Hold" and an average price target of $11.70.

Paramount Global Price Performance

Shares of PARA traded up $0.44 during mid-day trading on Thursday, hitting $13.01. 9,686,336 shares of the company traded hands, compared to its average volume of 11,023,689. Paramount Global has a one year low of $9.95 and a one year high of $13.59. The company has a current ratio of 1.29, a quick ratio of 1.18 and a debt-to-equity ratio of 0.84. The business has a 50-day moving average of $12.52 and a 200 day moving average of $11.73. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 3.99 and a beta of 1.17.

Paramount Global (NASDAQ:PARA - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.09. Paramount Global had a negative net margin of 0.05% and a positive return on equity of 4.53%. The firm had revenue of $6.85 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. The company's revenue was up .5% on a year-over-year basis.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Bell Investment Advisors Inc increased its position in Paramount Global by 100.3% during 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 period. Mattson Financial Services LLC bought a new position in Paramount Global during the fourth quarter worth about $28,000. Ossiam increased its holdings in shares of Paramount Global by 57.2% during the fourth quarter. Ossiam now owns 2,810 shares of the company's stock worth $29,000 after purchasing an additional 1,022 shares during the period. Atlas Capital Advisors Inc. bought a new position in shares of Paramount Global during the fourth quarter worth approximately $35,000. Finally, Resona Asset Management Co. Ltd. bought a new position in shares of Paramount Global during the fourth quarter worth approximately $36,000. 73.00% of the stock is owned by institutional investors.

Paramount Global Dividend Announcement

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

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.