NASDAQ:PARA Paramount Global Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paramount Global Please log in to your account or sign up in order to add this asset to your watchlist. $25.76 +1.24 (+5.06%) (As of 06/24/2022 12:00 AM ET) Add Compare Share Today's Range$24.61▼$25.8850-Day Range$24.25▼$36.2852-Week Range$23.69▼$47.46Volume7.96 million shsAverage Volume9.57 million shsMarket Capitalization$16.72 billionP/E Ratio4.22Dividend Yield3.73%Price Target$35.17 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainSEC FilingsSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PARA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paramount Global and its competitors with MarketBeat's FREE daily newsletter. Email Address PARA Stock Forecast (MarketRank)Overall MarketRank™2.18 out of 5 starsConsumer Discretionary Sector176th out of 397 stocksTelevision Broadcasting Stations Industry10th out of 21 stocksAnalyst Opinion: 4.0Community Rank: 0.0Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 4.0 Analyst's Opinion Consensus RatingParamount Global has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.17, Paramount Global has a forecasted upside of 36.5% from its current price of $25.76.Amount of Analyst CoverageParamount Global has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Community Rank Outperform VotesParamount Global has received 0 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParamount Global has received 12 “underperform” votes. (Add your “underperform” vote.)Community SentimentParamount Global has received 100.00% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Paramount Global and other stocks. Vote “Outperform” if you believe PARA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PARA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipParamount Global is a leading dividend payer. It pays a dividend yield of 3.73%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Global does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Paramount Global is 15.71%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Paramount Global will have a dividend payout ratio of 45.28% next year. This indicates that Paramount Global will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Global insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.45% of the stock of Paramount Global is held by insiders.Percentage Held by Institutions63.92% of the stock of Paramount Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Paramount Global are expected to decrease by -19.39% in the coming year, from $2.63 to $2.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Global is 4.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Global is 4.22, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.60.Price to Earnings Growth RatioParamount Global has a PEG Ratio of 1.20. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParamount Global has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Paramount Global (NASDAQ:PARA)Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids' programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks. In addition, the company develops, produces, finances, acquires, and distributes films. Paramount Global was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was incorporated in 1986 and is headquartered in New York, New York.Read More PARA Stock News HeadlinesJune 25, 2022 | benzinga.comDisney And Paramount To Re-Release 'Titanic' In Theaters For Valentine's Day 2023June 24, 2022 | benzinga.comWhat Are Whales Doing With Paramount GlobalJune 24, 2022 | msn.comDisney, Meta, Paramount, Other Major Companies to Cover Employee Travel Costs for AbortionJune 23, 2022 | nasdaq.comParamount Global-B (PARA) Gains But Lags Market: What You Should KnowJune 23, 2022 | benzinga.comThe Crisis At Disney: Part 3, Does Disney Still Have A Competitive Edge?June 22, 2022 | msn.comThe launch of Paramount Plus: Streaming isn’t a ‘winner takes all market’ says global chiefJune 22, 2022 | msn.comParamount Plus UK release date, price and what TV shows and movies you can watchJune 22, 2022 | americanbankingnews.comParamount Global (NASDAQ:PARA) Receives Consensus Recommendation of "Hold" from AnalystsJune 21, 2022 | benzinga.comBill Clinton Takes A Shot At Donald Trump: Here's What He SaidJune 20, 2022 | msn.comParamount's Maverick move into UK streaming market: Media giant to launch new subscription platformJune 20, 2022 | msn.comParamount's Maverick move into UK streaming marketJune 20, 2022 | seekingalpha.comParamount Global: Have Your Cake And Eat It TooJune 18, 2022 | finance.yahoo.comParamount Global-B (PARA) Outpaces Stock Market Gains: What You Should KnowSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Television broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:PARA CUSIPN/A CIK813828 Webwww.viacbs.com Phone(212) 258-6000Fax212-975-4516Employees22,965Year FoundedN/ACompany Calendar Ex-Dividend for 4/1 Dividend3/14/2022Dividend Payable4/01/2022Last Earnings5/03/2022Ex-Dividend for 7/1 Dividend6/14/2022Today6/26/2022Dividend Payable7/01/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$35.17 High Stock Price Forecast$44.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+36.5%Consensus RatingHold Rating Score (0-4)2 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$6.11 Trailing P/E Ratio4.22 Forward P/E Ratio9.79 P/E Growth1.2Net Income$4.54 billion Net Margins14.26% Pretax Margin15.86% Return on Equity7.90% Return on Assets3.05% Debt Debt-to-Equity Ratio0.73 Current Ratio1.58 Quick Ratio1.48 Sales & Book Value Annual Sales$28.59 billion Price / Sales0.58 Cash Flow$24.77 per share Price / Cash Flow1.04 Book Value$35.45 per share Price / Book0.73Miscellaneous Outstanding Shares649,100,000Free Float646,180,000Market Cap$16.72 billion OptionableOptionable Beta1.56 Paramount Global Frequently Asked Questions Should I buy or sell Paramount Global stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Paramount Global stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PARA, but not buy additional shares or sell existing shares. View analyst ratings for Paramount Global or view top-rated stocks. What is Paramount Global's stock price forecast for 2022? 5 analysts have issued 12-month price targets for Paramount Global's shares. Their PARA stock forecasts range from $24.00 to $44.00. On average, they anticipate Paramount Global's share price to reach $35.17 in the next twelve months. This suggests a possible upside of 36.5% from the stock's current price. View analysts' price targets for Paramount Global or view top-rated stocks among Wall Street analysts. How has Paramount Global's stock performed in 2022? Paramount Global's stock was trading at $30.61 at the beginning of the year. Since then, PARA shares have decreased by 15.8% and is now trading at $25.76. View the best growth stocks for 2022 here. When is Paramount Global's next earnings date? Paramount Global is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Paramount Global. How were Paramount Global's earnings last quarter? Paramount Global (NASDAQ:PARA) announced its earnings results on Tuesday, May, 3rd. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.08. The company earned $7.33 billion during the quarter, compared to analyst estimates of $7.39 billion. Paramount Global had a trailing twelve-month return on equity of 7.90% and a net margin of 14.26%. The company's revenue was down 1.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.52 EPS. View Paramount Global's earnings history. How often does Paramount Global pay dividends? What is the dividend yield for Paramount Global? Paramount Global declared a quarterly dividend on Tuesday, April 5th. Stockholders of record on Wednesday, June 15th will be given a dividend of $0.24 per share on Friday, July 1st. This represents a $0.96 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Tuesday, June 14th. View Paramount Global's dividend history. Is Paramount Global a good dividend stock? Paramount Global(NASDAQ:PARA) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.73%. The dividend payout ratio of Paramount Global is 15.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Paramount Global will have a dividend payout ratio of 45.28% next year. This indicates that Paramount Global will be able to sustain or increase its dividend. View Paramount Global's dividend history. Who are Paramount Global's key executives? Paramount Global's management team includes the following people: Mr. Robert Marc Bakish, Pres, CEO & Director (Age 58, Pay $20.04M)Mr. Naveen Chopra, Exec. VP & CFO (Age 48, Pay $4.07M)Ms. Christa A. D'Alimonte, Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $3.25M)Ms. Nancy Ramsey Phillips, Exec. VP & Chief People Officer (Age 54, Pay $1.81M)Ms. Doretha F. Lea, Exec. VP of Global Public Policy & Gov. Relations (Age 57, Pay $2.09M)Ms. Jo Ann Ross, Pres & Chief Advter. Revenue Officer of U.S. Ad SalesMs. Katherine M. Gill-Charest, Exec. VP, Controller & Chief Accounting Officer (Age 58)Mr. Philip R. Wiser, Exec. VP & CTO (Age 53)Mr. Stephen D. Mirante, Exec. VP & Chief Admin. Officer (Age 57)Mr. Anthony Joseph DiClemente Jr., C.F.A., Jr., Exec. VP of Investor Relations Who are some of Paramount Global's key competitors? Some companies that are related to Paramount Global include Paramount Global (PARAA), ViacomCBS (VIACA), FOX (FOXA), FOX (FOX), Formula One Group (FWONK), Formula One Group (FWONB), Formula One Group (FWONA), Nexstar Media Group (NXST), Grupo Televisa, S.A.B. (TV), TEGNA (TGNA), ProSiebenSat.1 Media (PBSFY), Gray Television (GTN), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A) and E.W. Scripps (SSP). View all of PARA's competitors. What is Paramount Global's stock symbol? Paramount Global trades on the NASDAQ under the ticker symbol "PARA." How do I buy shares of Paramount Global? Shares of PARA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Paramount Global's stock price today? One share of PARA stock can currently be purchased for approximately $25.76. How much money does Paramount Global make? Paramount Global (NASDAQ:PARA) has a market capitalization of $16.72 billion and generates $28.59 billion in revenue each year. The company earns $4.54 billion in net income (profit) each year or $6.11 on an earnings per share basis. How many employees does Paramount Global have? Paramount Global employs 22,965 workers across the globe. How can I contact Paramount Global? Paramount Global's mailing address is 1515 Broadway, New York, New York 10036. The official website for Paramount Global is www.viacbs.com. The company can be reached via phone at (212) 258-6000, via email at [email protected], or via fax at 212-975-4516. This page (NASDAQ:PARA) was last updated on 6/26/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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