Paramount Global (PARA)

NASDAQ: PARA · IEX Real-Time Price · USD
11.19
-0.27 (-2.36%)
At close: Jul 26, 2024, 4:00 PM
11.23
+0.04 (0.36%)
After-hours: Jul 26, 2024, 7:49 PM EDT
-2.36%
Market Cap 7.89B
Revenue (ttm) 30.07B
Net Income (ttm) -44.00M
Shares Out 705.49M
EPS (ttm) -0.15
PE Ratio n/a
Forward PE 10.23
Dividend $0.20 (1.79%)
Ex-Dividend Date Jun 17, 2024
Volume 9,741,487
Open 11.59
Previous Close 11.46
Day's Range 11.15 - 11.71
52-Week Range 9.54 - 17.50
Beta 1.80
Analysts Sell
Price Target 12.73 (+13.76%)
Earnings Date Aug 8, 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]

Industry Entertainment
Founded 1986
Employees 21,900
Stock Exchange NASDAQ
Ticker Symbol PARA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for PARA stock is "Sell." The 12-month stock price forecast is $12.73, which is an increase of 13.76% from the latest price.

Price Target
$12.73
(13.76% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Barry Diller hints IAC no longer in race for Paramount deal, fears merger will face litigation: report

Diller said he will be "shocked" if the merger does not face a lot of legal challenges.

Other symbols: IAC
7 hours ago - New York Post

Barry Diller says Paramount pursuit 'might be over' for IAC, CNBC reports

Billionaire Barry Diller signaled his digital-media conglomerate IAC was no longer in the race to buy Paramount Global , CNBC reported on Friday.

Other symbols: IAC
13 hours ago - Reuters

Paramount shareholder sues to block Shari Redstone's deal with Skydance

The plaintiff alleged the merger was unfair and disadvantageous to Paramount's Class B stockholders, who will not receive a fair share of the benefits compared to Redstone and National Amusements.

1 day ago - New York Post

Paramount, Skydance merger faces court challenge by shareholder

A Paramount Global investor has sued to the block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware's Chancery Court o...

1 day ago - Reuters

Bullish on Paramount (PARA)

Paramount (PARA) is today's morning trade for beginner, intermediate, and advanced options traders. Alan Knuckman demonstrates a bullish example trade using the stock.

4 days ago - Schwab Network

PARA ONGOING INVESTIGATION: BFA Law Reminds Paramount Global (Nasdaq:PARA) Stockholders to Contact Us about Continuing Investigation into the Merger

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

4 days ago - GlobeNewsWire

PARA LEGAL UPDATE: BFA Law Reminds Paramount Global Shareholders to Contact the Firm about Ongoing Investigation into the Merger

NEW YORK, NY / ACCESSWIRE / July 21, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

5 days ago - Accesswire

PARA LEGAL NEWS: BFA Law Alerts Paramount Global (Nasdaq:PARA) Shareholders it is Investigating the Merger Transaction and Notifies Stockholders to Contact Us

NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

6 days ago - GlobeNewsWire

PARA LEGAL INVESTIGATION: BFA Law Notifies Paramount Global (Nasdaq:PARA) Investors it is Investigating the Merger Transaction and Urges Shareholders to Contact Us

NEW YORK, NY / ACCESSWIRE / July 19, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

7 days ago - Accesswire

PARA SECURITIES REMINDER: BFA Law Reminds Paramount Global Shareholders to Contact Us about Continuing Investigation into the Merger

NEW YORK, NY / ACCESSWIRE / July 18, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

8 days ago - Accesswire

Mario Gabelli's next move could be a lawsuit as he probes Paramount's Skydance merger: sources

He's a serious man, and if he does pull the trigger on litigation, it won't be without a good reason.

8 days ago - New York Post

PARA SHAREHOLDER ALERT: The Paramount Global Merger is Being Investigated by BFA Law; Investors are Encouraged to Contact the Firm

NEW YORK, NY / ACCESSWIRE / July 17, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

9 days ago - Accesswire

Media Stocks Jump With Broader Market As Interest Rate Relief Seems Certain

Media and entertainment shares are having a great day as are markets with the Dow, S&P and Russell 2000 all decisively on the upswing. Investors are baking in an interest rate cut this fall with some ...

Other symbols: AMCAMCXCMCSADISFOXWBD
10 days ago - Deadline

PARA SHAREHOLDER NOTIFICATION: Paramount Global (Nasdaq:PARA) Shareholders are Urged to Contact BFA Law about Investigation into the Company's Acquisition Price

NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

10 days ago - GlobeNewsWire

Billionaire investor Mario Gabelli on why he's seeking more clarity in Skydance-Paramount deal

Mario Gabelli, GAMCO Investors chairman CEO, joins 'Squawk Box' to discuss the state of the Skydance-Paramount deal, why he filed paperwork in Delaware to seek more clarity on the deal,

11 days ago - CNBC Television

PARA INVESTOR ANNOUNCEMENT: Paramount Global (PARA) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price

NEW YORK, NY / ACCESSWIRE / July 15, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

11 days ago - Accesswire

PARA INVESTOR NOTIFICATION: BFA Law Encourages Paramount Global (PARA) Shareholders to Contact the Firm about Ongoing Investigation into the Merger

NEW YORK, NY / ACCESSWIRE / July 14, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

12 days ago - Accesswire

PARA INVESTOR NOTICE: Paramount Global (Nasdaq:PARA) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price

NEW YORK, July 13, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

13 days ago - GlobeNewsWire

Famed investor Mario Gabelli preparing possible challenge to Paramount deal: ‘Operation fish bowl'

Gabelli Funds, which owns nearly 4.9 million Class-A voting shares in Paramount, is seeking greater transparency around the National Amusements deal.

14 days ago - New York Post

Paramount Global to Report Second Quarter Financial Results on August 8, 2024

NEW YORK , July 12, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) announced today that it will report second quarter financial results on Thursday, August 8, 2024. The company will condu...

14 days ago - PRNewsWire

PARA SHAREHOLDER ALERT: Paramount Global (Nasdaq:PARA) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price

NEW YORK, NY / ACCESSWIRE / July 12, 2024 / Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (NASDAQ:PARA) merger transaction is fair to minority shareholders, who...

14 days ago - Accesswire

How famed investor Mario Gabelli could derail Paramount's Skydance merger: ‘We want to see all the details'

Cardinale knows the new Paramount run by a new generation of media mogul in David Ellison in an era of AI and technological change, could be the test-case for the industry's future.

15 days ago - New York Post

Paramount's 'Sad' Story and Zaslav's Struggles

MoffettNathanson senior research analyst Michael Nathanson discusses Shari Redstone's Paramount sale as well as the challenge facing David Zaslav and Warner Bros. Discovery with the company likely to ...

15 days ago - Bloomberg Markets and Finance

Skydance Deal In Hand, Paramount Lays Out What Happens If A Rival Offer Emerges

Paramount  has laid out some terms of its planned merger with David Ellison's Skydance including what happens if another bidder appears. The deal includes a so-called “go shop” period during which oth...

15 days ago - Deadline

PARA INVESTIGATION NEWS: Paramount Global (Nasdaq:PARA) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating whether the Paramount Global (Nasdaq:PARA) merger transaction is fair to minority shareholders, who...

15 days ago - GlobeNewsWire