Paramount Global (PARA)
| Market Cap | 20.74B |
| Revenue (ttm) | 28.50B |
| Net Income (ttm) | 4.07B |
| Shares Out | 652.14M |
| EPS (ttm) | 6.14 |
| PE Ratio | 5.18 |
| Forward PE | 11.15 |
| Dividend | $0.96 (3.02%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 7,081,201 |
| Open | 32.23 |
| Previous Close | 33.09 |
| Day's Range | 31.06 - 32.47 |
| 52-Week Range | 26.11 - 47.46 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 37.30 (+17.3%) |
| Earnings Date | May 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 ...
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 StatementsAnalyst 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.
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 ...
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.
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 *...
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...
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 ...
Why Paramount Global Stock Surged Today
A legendary investor's holding company built a sizable stake in the entertainment leader.
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...
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...
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.
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...
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.
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.
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 ...
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
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...
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?
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...
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% ...
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.
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...
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.