Paramount Global (PARA)

NASDAQ: PARA · IEX Real-Time Price · USD
31.80
-1.29 (-3.90%)
At close: May 24, 2022 4:00 PM
31.81
0.01 (0.03%)
After-hours:May 24, 2022 7:58 PM EDT
Market Cap20.74B
Revenue (ttm)28.50B
Net Income (ttm)4.07B
Shares Out652.14M
EPS (ttm)6.14
PE Ratio5.18
Forward PE11.15
Dividend$0.96 (3.02%)
Ex-Dividend DateJun 14, 2022
Volume7,081,201
Open32.23
Previous Close33.09
Day's Range31.06 - 32.47
52-Week Range26.11 - 47.46
Beta1.59
AnalystsBuy
Price Target37.30 (+17.3%)
Earnings DateMay 3, 2022

About 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 ...

IndustryMedia
Founded1986
CEORobert Bakish
Employees22,965
Stock ExchangeNASDAQ
Ticker SymbolPARA
Full Company Profile

Financial Performance

In 2021, PARA's revenue was $28.59 billion, an increase of 13.06% compared to the previous year's $25.29 billion. Earnings were $4.54 billion, an increase of 87.57%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for PARA stock is "Buy." The 12-month stock price forecast is 37.3, which is an increase of 17.30% from the latest price.

Price Target
$37.3
(17.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Paramount Global CEO Bob Bakish Cancels Media Conference Keynote Due To Illness

Bob Bakish, CEO of Paramount Global, has canceled a scheduled appearance at a media conference this afternoon due to illness. The chief executive had been slated for an afternoon Q&A keynote session at ...

Other symbols:PARAA
11 hours ago - Deadline

Warren Buffett Just Bought 8 New Stocks: Here's the Best of the Bunch

Two of the legendary investor's recent purchases especially stand out.

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20 hours ago - The Motley Fool

7 Large-Cap Stocks to Buy Right Now

These seven large-cap stocks are undervalued, and are great long-term opportunities in today's turbulent market. The post 7 Large-Cap Stocks to Buy Right Now appeared first on InvestorPlace.

Other symbols:AZOCLFDGFFCXQCOM
1 day ago - InvestorPlace

Insiders Are Buying Paramount (PARA) Stock. Here's Why.

Shares of PARA stock are in full focus following insider buys from Warren Buffet's Berkshire Hathaway and National Amusements. The post Insiders Are Buying Paramount (PARA) Stock.

4 days ago - InvestorPlace

Paramount Global Showcases Full Scale and Power of IP-Driven, Multiplatform Content Company During Historic In-Person...

Built on the Strength of Iconic Brands, Premium Programming and Massive Reach Across Linear and Streaming to Deliver Unmatched Marketing Solutions for Advertising Partners *Click here for media assets *...

Other symbols:PARAA
6 days ago - PRNewsWire

CBS UNVEILS ITS 2022-2023 PRIMETIME LINEUP

The New Fall Dramas EAST NEW YORK, FIRE COUNTRY, SO HELP ME TODD and Unscripted Series THE REAL LOVE BOAT Join 18 Returning Shows Fall Schedule Features a New All-Reality Night on Wednesday from 8:00-11...

Other symbols:PARAA
6 days ago - PRNewsWire

PLUTO TV LAUNCHES IN NORDICS, UNVEILS PROGRAMMING LINE-UP

Transformational partnership combines beloved content from Viafree and NENT Group's Local Ad sales leadership with Pluto TV's global content and technology First instance of a combination of local AVOD ...

Other symbols:PARAA
6 days ago - PRNewsWire

Why Paramount Global Stock Surged Today

A legendary investor's holding company built a sizable stake in the entertainment leader.

Other symbols:PARAA
1 week ago - The Motley Fool

Paramount Global stock closed 15% up on Tuesday: explore why

Warren Buffett took a substantial stake in Paramount Global (NASDAQ: PARA) in the first quarter of 2022, a regulatory filing revealed on Tuesday; sending shares of the mass media company up 15%. Buffett...

1 week ago - Invezz

Paramount Global CEO Bob Bakish to Participate in the JP Morgan Global Technology, Media and Communications Conference

NEW YORK , May 17, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Bob Bakish, President and Chief Executive Officer, will participate in a question and answer session d...

Other symbols:PARAA
1 week ago - PRNewsWire

6 Stocks Warren Buffett Is Buying in 2022

The deadline for Q1 13F filings has passed, meaning Berkshire Hathaway has disclosed its positions as of March 31. Here's what to know.

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1 week ago - InvestorPlace

Three Stock Lunch: Citi, Paramount & Chevron

Jeff Mills, Bryn Mawr Trust, joins 'Power Lunch' to discuss three stocks and whether he thinks they're worth investing in right now. Today's stocks are Citi, Paramount Global and Chevron.

Other symbols:CVXCPARAA
1 week ago - CNBC Television

Why Is Warren Buffett Buying Paramount Global?

Paramount Global ( PARA , Financial) is a global media brand which owns CBS, Comedy Central, Channel 5, MTV, Showtime and more. It's not a stock I would ever have expected Warren Buffett (Trades, Portfo...

Other symbols:PARAA
1 week ago - GuruFocus

Paramount soars 16% after Warren Buffett's Berkshire Hathaway reveals $2.6 billion stake in the media company

Paramount is a value stock based on its forward price-to-earnings ratio of 13x, which is right up Buffett's alley given his value investing strategy.

Other symbols:PARAA
1 week ago - Business Insider

Investors Are Jumping on the Bandwagon With These 2 Nasdaq Stocks

The major indexes were rising on Tuesday, and these stocks got some key recommendations.

Other symbols:AMDPARAA
1 week ago - The Motley Fool

5 Hot Stocks Up 10%: What Other Companies Joined Coinbase On The List?

Benzinga's “5 Stocks Up 10%” aims to deliver investors the news surrounding hot stocks with significant price action on May 17, 2022. The information provided for these hot stocks is compiled using the ...

Other symbols:COINAZPNPARAASETTWO
1 week ago - Benzinga

Buffett's Berkshire Hathaway Reveals $2.6B stake in Paramount and $3B stake in Citi

The ‘Halftime Report' investment committee discusses Berkshire Hathaway's stake in Paramount and Citi. With CNBC's Scott Wapner and the traders, Jim Lebenthal, Josh Brown, Michael Farr and Stephanie Link

Other symbols:PARAA
1 week ago - CNBC Television

Is Paramount Global A Value Stock? Inside Berkshire Hathaway's Purchase

Legendary value investor Warren Buffett took a stake in a leading media company in the first quarter. Could the purchase by Buffett signal placing multiple bets on the streaming wars or that the company...

Other symbols:PARAA
1 week ago - Benzinga

Why Is Paramount (PARA) Stock Up 10% Today?

The decision by Warren Buffett's company, Berkshire Hathaway, to buy $2.6 billion of Paramount's shares is causing PARA stock to rally. The post Why Is Paramount (PARA) Stock Up 10% Today?

1 week ago - InvestorPlace

Paramount Global Stock Jumps 10% After Warren Buffett's Berkshire Hathaway Buys In

Shares of Paramount popped higher in early trading after Berkshire Hathaway, the company of legendary investor Warren Buffett, disclosed late yesterday that it acquired a chunky stake in the company. Pa...

Other symbols:PARAA
1 week ago - Deadline

Paramount Global and Citi surge after Berkshire Hathaway discloses new stakes

Three of the new positions revealed in Berkshire Hathaway's BRK.B, -0.34% 13-F filing jumped in premarket trade on Tuesday. Paramount Global's B shares PARAA, -0.82% bounced 10%, as Celanese CE, +1.52% ...

Other symbols:PARAA
1 week ago - Market Watch

Paramount shares jump 10% after Buffett's Berkshire reveals new stake

Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.

1 week ago - CNBC

Here's Every Stock Warren Buffett Bought or Sold in the First Quarter

The Oracle of Omaha was very active in the markets.

1 week ago - The Motley Fool

Warren Buffett Reveals $2.6B Investment In Paramount Global

Warren Buffett's Berkshire Hathaway reported Monday in a securities filing that it has acquired a stake in Paramount Global after acquiring $2.6 billion in Class B shares. The SEC Form 13F filing showed...

Other symbols:PARAA
1 week ago - Deadline

4 Stocks Trading Below Earnings Power Value

When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.

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1 week ago - GuruFocus