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NASDAQ:PARAA

Paramount Global (PARAA) Stock Price, News & Analysis

21.71
+0.72 (+3.43%)
(As of 05:26 PM ET)
Today's Range
20.87
21.71
50-Day Range
20.69
26.10
52-Week Range
13.40
26.34
Volume
54,928 shs
Average Volume
74,917 shs
Market Capitalization
$14.17 billion
P/E Ratio
N/A
Dividend Yield
0.92%
Price Target
N/A

Paramount Global MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
6.01% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.22mentions of Paramount Global in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.40%
From 1.25 to 1.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.85 out of 5 stars

Consumer Discretionary Sector

243rd out of 264 stocks

Television Broadcasting Stations Industry

11th out of 11 stocks

PARAA stock logo

About Paramount Global Stock (NASDAQ:PARAA)

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. This segment also offers domestic and international television studio operations, including CBS Studios, Paramount Television Studios, and Showtime/MTV Entertainment Studios; CBS Media Ventures, which produces and distributes first-run syndicated programming; and digital properties consisting of CBS News Streaming and CBS Sports HQ. The Direct-to-Consumer segment provides a portfolio of domestic and international pay and free streaming services, including Paramount+, Pluto TV, BET+, and Noggin. The Filmed Entertainment segment produces and acquires films, series, and short-form content for release and licensing around the world, including in theaters, on streaming services, on television, through digital home entertainment, and DVDs/Blu-rays; and operates a portfolio consisting of Paramount Pictures, Paramount Players, Paramount Animation, Nickelodeon Studio, Awesomeness, and Miramax. It also offers production, distribution, and advertising solutions. The company was formerly known as ViacomCBS Inc. and changed its name to Paramount Global in February 2022. The company was founded in 1914 and is headquartered in New York, New York. Paramount Global is a subsidiary of National Amusements, Inc.

PARAA Stock Price History

PARAA Stock News Headlines

Can a Warner Bros. Discovery and Disney Bundle Fend Off Netflix? (PARAA)
Media and entertainment giant Warner Bros. Discovery Inc. (NYSE: WBD) shares initially tanked to $7.50 on its Q1 2024 earnings results.
Heard on the Street Tuesday Recap: Run AMC
Mario Gabelli on Paramount and Other Stocks
See More Headlines
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Company Calendar

Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Last Earnings
4/29/2024
Today
5/21/2024
Ex-Dividend for 7/1 Dividend
6/17/2024
Dividend Payable
7/01/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:PARAA
Fax
N/A
Employees
21,900
Year Founded
N/A

Profitability

Net Income
$-608,000,000.00
Pretax Margin
-1.41%

Debt

Sales & Book Value

Annual Sales
$29.65 billion
Cash Flow
24.12 per share
Book Value
35.30 per share

Miscellaneous

Free Float
641,589,000
Market Cap
$14.17 billion
Optionable
Optionable
Beta
1.66
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Key Executives

  • Mr. Robert Marc Bakish (Age 60)
    President, CEO & Director
    Comp: $16.05M
  • Mr. Naveen K. Chopra (Age 50)
    Executive VP & CFO
    Comp: $3.51M
  • Ms. Christa A. D'Alimonte (Age 55)
    Executive VP, General Counsel & Secretary
    Comp: $3.03M
  • Ms. Nancy Ramsey Phillips (Age 56)
    Executive VP & Chief People Officer
    Comp: $1.83M
  • Ms. Doretha F. Lea (Age 59)
    Executive Vice President of Global Public Policy & Government Relations
    Comp: $1.96M
  • Ms. Jo Ann Ross
    Chairman of Paramount Advertising
  • Ms. Katherine M. Gill-Charest (Age 60)
    Executive VP, Controller & Chief Accounting Officer
  • Mr. Philip R. Wiser (Age 55)
    Executive VP & CTO
  • Mr. Stephen D. Mirante (Age 59)
    Executive VP & Chief Administrative Officer
  • Mr. Jaime Sue Morris C.F.A.
    CPA, Executive Vice President of Investor Relations

PARAA Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Global stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Global in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PARAA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PARAA, but not buy additional shares or sell existing shares.
View PARAA analyst ratings
or view top-rated stocks.

How have PARAA shares performed in 2024?

Paramount Global's stock was trading at 19.66 at the beginning of the year. Since then, PARAA stock has increased by 10.4% and is now trading at 21.71.
View the best growth stocks for 2024 here
.

When is Paramount Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our PARAA earnings forecast
.

How were Paramount Global's earnings last quarter?

Paramount Global (NASDAQ:PARAA) released its earnings results on Monday, April, 29th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.25 by $0.37. The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.85 billion. Paramount Global had a positive trailing twelve-month return on equity of 3.35% and a negative net margin of 0.15%.

How often does Paramount Global pay dividends? What is the dividend yield for Paramount Global?

Paramount Global declared a quarterly dividend on Wednesday, April 10th. Stockholders of record on Monday, June 17th will be paid a dividend of 0.05 per share on Monday, July 1st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, June 17th.
Read our dividend analysis for PARAA
.

Is Paramount Global a good dividend stock?

Paramount Global (NASDAQ:PARAA) pays an annual dividend of 0.20 per share and currently has a dividend yield of 0.94%.
Read our dividend analysis for PARAA.

Who are Paramount Global's major shareholders?

Paramount Global's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (0.45%), Gabelli Funds LLC (0.29%), Vanguard Group Inc. (0.10%), Poehling Capital Management INC. (0.06%), GABELLI & Co INVESTMENT ADVISERS INC. (0.01%) and B. Riley Wealth Advisors Inc. (0.01%).

How do I buy shares of Paramount Global?

Shares of PARAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PARAA) was last updated on 5/21/2024 by MarketBeat.com Staff

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