Paramount Global (PARA)

NASDAQ: PARA · IEX Real-Time Price · USD
24.17
-0.44 (-1.77%)
Feb 6, 2023, 1:53 PM EST - Market open
-1.77%
Market Cap 15.84B
Revenue (ttm) 30.02B
Net Income (ttm) 3.14B
Shares Out 655.75M
EPS (ttm) 4.72
PE Ratio 5.21
Forward PE 13.35
Dividend $0.96 (3.97%)
Ex-Dividend Date Dec 14, 2022
Volume 4,613,563
Open 24.33
Previous Close 24.60
Day's Range 23.95 - 24.44
52-Week Range 15.29 - 39.21
Beta 1.56
Analysts Hold
Price Target 20.44 (-15.41%)
Earnings Date Feb 16, 2023

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 ... [Read more]

Industry Entertainment
Founded 1986
Employees 22,965
Stock Exchange NASDAQ
Ticker Symbol PARA
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 35 analysts, the average rating for PARA stock is "Hold." The 12-month stock price forecast is $20.44, which is a decrease of -15.41% from the latest price.

Price Target
$20.44
(-15.41% downside)
Analyst Consensus: Hold
Stock Forecasts

News

3 Dividend Stocks for February 2023

A look at three dividend payers with wide or narrow Morningstar Economic Moat Ratings.

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5 hours ago - Morningstar

A look at media stocks surge

Jeff Kilburg, founder & CEO of KKM Financial, CNBC's Julia Boorstin and Alex Sherman join 'The Exchange' to discuss the recent surge in media stocks and more.

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2 days ago - CNBC Television

NICKELODEON'S BRAND-NEW ANIMATED PRESCHOOL SERIES BOSSY BEAR DEBUTS MONDAY, MARCH 6, AT 11 A.M. (ET/PT)

Season One Features Recurring Guest Voice Appearances  by Lance Bass and Michael Turchin Share it: @NickJr @ImagineKidsandFamily #BossyBear Click HERE for art and HERE to embed the trailer. BURBANK, C...

Other symbols: PARAA
4 days ago - PRNewsWire

Paramount Stock Had Stellar Month. Why It Might Be Time to Sell.

The shares surged more than 30% this month to $23, marking the stock's best January on record going back to 1991.

Other symbols: PARAA
6 days ago - Barrons

Paramount's stock could come up just shy of historic monthly rally

Paramount Global Inc. shares had been closing in on their best month in nearly 14 years but are now poised to come up just short of that milestone.

6 days ago - Market Watch

NATE BURLESON AND CHARLI D'AMELIO WILL BRING THE SLIME AS CO-HOSTS OF NICKELODEON KIDS' CHOICE AWARDS 2023, LIVE ON SATURDAY, MARCH 4, AT 7 P.M. (ET/PT)

KCA Nominees Announced: Beyoncé, Bad Bunny, Stephen Curry, Chris Evans, Lady Gaga, Selena Gomez, Jack Harlow, Lizzo, Jenna Ortega, Harry Styles, MrBeast, Serena Williams, Ed Sheeran, Taylor Swift and ...

Other symbols: PARAA
6 days ago - PRNewsWire

Up 40% Over The Past Month, Paramount Stock Unlikely To Rally Further In The Near Term

Paramount Global stock (NASDAQ: PARA) has rallied by close to 40% over the past month, considerably outperforming the S&P 500.

Other symbols: PARAA
6 days ago - Forbes

Paramount+ and Showtime to integrate content, rebrand later this year

Media giant Paramount Global Inc. on Monday announced it plans to merge its Paramount+ streaming service with its premium cable channel, Showtime.

6 days ago - Market Watch

Showtime to combine with Paramount+, rebrand with new name

Paramount Global is combining its premium cable network Showtime with streaming service Paramount+.

6 days ago - CNBC

Paramount to integrate Showtime with Paramount+

Paramount Global on Monday said it would integrate Showtime with Paramount+ across both streaming and linear platforms later this year, rebranding the premium tier of its streaming service to “Paramou...

6 days ago - Reuters

Amid growing competition, Paramount+ and Showtime are combining in the U.S.

Nearly a year after ViacomCBS announced its rebrand to become Paramount, the company is now making a major change to its portfolio with today's news that it will now be fully integrating Showtime into...

6 days ago - TechCrunch

Grade my trade: BKNG, BHP & PARA

CNBC's ‘Halftime Report' investment committee, Kari Firestone, Bryn Talkington and Jim Lebenthal, weigh in on the Booking Holdings, BHP Group and Paramount trades.

Other symbols: BHPBKNG
1 week ago - CNBC Television

SPIN MASTER ENTERTAINMENT, NICKELODEON MOVIES AND PARAMOUNT PICTURES ANNOUNCE A STAR-STUDDED ENSEMBLE OF NEW AND RETURNING VOICE TALENT FOR THE UPCOMING PAW PATROL: THE MIGHTY MOVIE™ ANIMATED MOTION PICTURE

Kristen Bell, Christian Convery, Mckenna Grace, Lil Rel Howery, James Marsden, and Serena Williams Join Previously Announced Taraji P. Henson and Returning Cast Members Kim Kardashian, Marsai Martin, ...

Other symbols: PARAA
1 week ago - PRNewsWire

Paramount Global could rename Showtime cable channel: report

Paramount Global is considering rebranding its Showtime cable channel as "Paramount+ With Showtime" and stocking the network with content from its Paramount+ streaming service, according to a report i...

Other symbols: PARAA
1 week ago - Market Watch

Streaming's 'third wave' of streaming will happen in coming months, says Heather Moosnick

Heather Moosnick, former Hulu and YouTube executive, joins ‘Squawk on the Street' to discuss Netflix's earnings and subscriber expectations.

Other symbols: CMCSADISNFLXPARAAWBD
2 weeks ago - CNBC Television

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In his 2005 bestseller “The Little Book That Beats the Market,” Joel Greenblatt (Trades, Portfolio) introduced the investing world to the Magic Formula, a simple mathematical formula to find profitabl...

Other symbols: MMMWHR
2 weeks ago - GuruFocus

Paramount Global to Report Fourth Quarter and Full Year 2022 Financial Results on February 16, 2023

NEW YORK , Jan. 17, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) announced today that it will report fourth quarter and full year 2022 financial results on Thursday, February 16, 2023. ...

Other symbols: PARAA
2 weeks ago - PRNewsWire

Paramount's (PARA) SkyShowtime Enters a Deal With HBO Max

Paramount (PARA) strikes a content acquisition deal with HBO Max, which will allow it to get exclusive rights to 21 European Originals on its platform.

3 weeks ago - Zacks Investment Research

Paramount (PARA) Announces the Release of Fatal Attraction

Paramount Global (PARA) announced the release of its new original series Fatal Attraction that will be premiered first on Apr 30 on Paramount Plus.

3 weeks ago - Zacks Investment Research

'Top Gun: Maverick' and Disney were the box office leaders in an otherwise soft 2022

While Paramount's "Top Gun: Maverick" topped the charts as the highest-grossing film of the year, Disney is the studio that wears the 2022 box office crown.

Other symbols: DIS
3 weeks ago - CNBC

What's Next For Paramount Stock?

Paramount Global stock (NASDAQ: PARA) has gained about 5% over the past month, outperforming the S&P 500 which decreased by -1.5% over the same period.

Other symbols: PARAA
3 weeks ago - Forbes

Paramount Global: A Top Gun in Berkshire's Portfolio

Paramount Global ( PARA , Financial) was a little late to the streaming war and still has a debt load over $17 billion, which has been weighing on its valuation considerably.

Other symbols: PARAA
3 weeks ago - GuruFocus

'Top Gun: Maverick' Breaks Paramount Global's Records

Months after its release, "Top Gun: Maverick" keeps raking in the records. The sequel to the classic movie rounded off 2022 as the number one movie at the global box office.

Other symbols: PARAA
1 month ago - GuruFocus

3 Mid-Cap Dividend Stocks to Buy in January

This past year could have been better for equity investors. 2022 was one of the worst performances by the S&P 500.

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1 month ago - InvestorPlace

The 7 Best Warren Buffett Dividend Stocks

The best Warren Buffett dividend stocks are expected to produce impressive returns for the Berkshire Hathaway equity portfolio. Here are seven with market-beating yields.

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1 month ago - Kiplinger