Paramount Global (PARA)
| Market Cap | 7.48B |
| Revenue (ttm) | 30.07B |
| Net Income (ttm) | -44.00M |
| Shares Out | 697.71M |
| EPS (ttm) | -0.15 |
| PE Ratio | n/a |
| Forward PE | 9.75 |
| Dividend | $0.20 (1.87%) |
| Ex-Dividend Date | Jun 17, 2024 |
| Volume | 17,930,154 |
| Open | 10.50 |
| Previous Close | 10.14 |
| Day's Range | 10.31 - 10.75 |
| 52-Week Range | 9.54 - 17.50 |
| Beta | 1.80 |
| Analysts | Sell |
| Price Target | 13.09 (+22.11%) |
| Earnings Date | Aug 5, 2024 |
About PARA
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, Nickelod... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for PARA stock is "Sell." The 12-month stock price forecast is $13.09, which is an increase of 22.11% from the latest price.
News
Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B
The media heiress reached a preliminary agreement to sell her controlling stake in Paramount Global to Skydance Media – just weeks after she walked away from a deal between the two sides, according t...
Paramount Reaches Tentative Merger Deal With Skydance—Stock Spikes 8%
Skydance Media and Paramount Global are back in merger negotiations, according to multiple outlets, sending Paramount shares up more than 8% as the two companies re-enter the deal-making process follo...
Back In Business: Skydance And Shari Redstone Reach Terms On New Merger Proposal For Paramount
In a stunning reversal, David Ellison's Skydance Media and the Shari Redstone-controlled Paramount Global are back at the M&A altar. The companies have reached terms on a revised merger agreement for ...
Paramount and Skydance are back on with a preliminary merger deal, WSJ reports
National Amusements, Paramount's controlling company, last month reportedly ended talks with Skydance.
Paramount shares pop 9% on news of preliminary Skydance Media deal
Paramount shares pop 9% on news of preliminary Skydance Media deal
Skydance Reaches New Deal with Redstone's National Amusements
Skydance Media has reached a preliminary agreement to buy Shari Redstone's family company National Amusements and merge with Paramount Global PARA 5.72%increase; green up pointing triangle, rekindling...
Paramount mulls $1.7B offer to sell BET to its CEO and NYC private equity firm: report
Scott Mills is teaming up with Chinh Chu, the head of CC Capital, in a bid for BET, according to Bloomberg News.
Paramount Global Stock Jumps On Report Of Revived BET Sale Talks
Paramount Global stock jumped 6% on the latest report it has resumed talking to potential buyers of select assets after pausing the divestments during ultimately fruitless merger talks with Skydance M...
3-Stock Lunch: Eli Lilly, Paypal, & Paramount
Boris Schlossberg, managing director of FX strategy at BK Asset Management, joins CNBC's 'Power Lunch' to discuss how to play three stocks: Eli Lilly, Paypal, and Paramount.
Barry Diller's IAC (IAC) Bid for Paramount (PARA)
IAC (IAC) has signed a non-disclosure agreement with National Amusements. George Tsilis discusses Barry Diller's IAC bid for Paramount.
Barry Diller is considering a bid to take control of Paramount Global
CNBC's Julia Boorstin joins 'The Exchange' to report Paramount as the stock of the legacy media is trading higher after news of its streaming arm's potential merger talks.
Media mogul Barry Diller weighs a bid to gain control of Paramount
Barry Diller's IAC is exploring a bid to take control of Paramount Global, CNBC's David Faber reported on Tuesday. The offer would be for Shari Redstone's National Amusements Inc., the controlling sha...
Media mogul Barry Diller in talks to acquire Paramount: NYT
Media mogul and IAC Chairman Barry Diller is reportedly exploring a bid to acquire Paramount Global (PARA), according to New York Times reports, after his company signed non-disclosure agreements (NDA...
Why Barry Diller's IAC is interested in Paramount
Rich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss how many people are looking at a bid for Paramount, the price an investor would pay for the studio, and more.
IAC explores Paramount bid
CNBC's Julia Boorstin reports on news from the Paramount Global saga.
Billionaire Barry Diller In Potential Takeover Talks With Paramount Following Skydance's Failed Bid, Report Says
Billionaire media mogul Barry Diller is in talks with Paramount's parent firm, National Amusements, for control of Paramount, according to The New York Times, marking the latest bid for Paramount afte...
Warner Bros. Discovery reportedly interested in merging Max and Paramount+ in joint venture
CNBC's Alex Sherman joins 'Closing Bell' to discuss the latest news from the streaming companies.
Barry Diller's IAC explores bid to take control of Paramount, source says
Billionaire Barry Diller's digital-media conglomerate IAC is exploring a bid to take control of Paramount Global , a person familiar with the matter told Reuters on Monday.
Paramount is hunting for a streaming partner, could kick off a wave of deals
Paramount Global leaders are having discussions with a number of companies to explore merging Paramount+, its money-losing streaming service. Warner Bros.
Paramount Global Shuts Down Cable Network Websites
In a cost-cutting move, Paramount Global announced they were shutting down the MTV News website. The announcement was soon followed by Paramount's decision to shut down the websites of cable propertie...
‘A Quiet Place' prequel opens big, while ‘Inside Out 2' tops $1 billion globally
“A Quiet Place: Day One” is making noise at the box office. The prequel earned an estimated $53 million in its first weekend in North American theaters, according to studio estimates Sunday.
These 20 stocks have been the S&P 500's biggest losers so far in 2024
The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have ...
Paramount Global set to ax more employees after ‘unacceptable' profit drop
The announcement came at a town hall meeting with Paramount Global's co-CEOs soon after failed merger talks with production company Skydance Media.
With Paramount Assets In Play, There's Chatter About A Sale & Leaseback Of Hollywood Lot
Paramount Global is pushing ahead with asset sales and bankers are in the house as it sets out to streamline and raise cash to pay down debt. Its three co-CEOs confirmed as much today at a Town Hall w...
Paramount Is Raising Its Streaming Prices
Paramount Global is raising the price of its streaming service, part of a push by the TV and film giant to stem losses in its online business. This after CEO Shari Redstone turned down a merger propos...