Paramount Global (PARAA)
| Market Cap | 7.60B |
| Revenue (ttm) | 28.87B |
| Net Income (ttm) | -5.48B |
| Shares Out | 40.70M |
| EPS (ttm) | -8.30 |
| PE Ratio | n/a |
| Forward PE | 7.64 |
| Dividend | $0.20 (0.88%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 92,434 |
| Open | 21.76 |
| Previous Close | 21.80 |
| Day's Range | 21.76 - 22.75 |
| 52-Week Range | 16.59 - 26.34 |
| Beta | 1.77 |
| Analysts | Hold |
| Price Target | 12.18 (-46.2%) |
| Earnings Date | Nov 8, 2024 |
About PARAA
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 16 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $12.18, which is a decrease of -46.20% from the latest price.
News
Streamers Max, Paramount+ Won November: Here's Why Analyst Expects Netflix, Amazon To Win December
A new analyst report that looks at downloads and user data could show the winners and losers and what's ahead for the streaming sector.
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Paramount Global (the "Company") (NASDAQ: PARA, PARAA) today announced that it would redeem all of its remaining outstanding 4.750% senior notes due May 15, 20...
Paramount's $8.4 bln Skydance merger faces FCC challenge by Center for American Rights
The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to challenge the planned $8.4 billion merger between Paramount Global ...
Paramount Global's Near-Term Outlook Is “Not Going To Change Just Because They're Being Bought By Skydance,” S&P Analyst Says
Skydance's $8 billion deal to merge with Paramount Global has been characterized in some corners of the industry as a rescue mission. But one Wall Street media veteran thinks it's premature to say the...
Skydance Media close to $8 billion deal to merge with Paramount Global
Skydance Media may finally win regulatory approval for its $8 billion deal to merge with Paramount Global — but the process could look like something out of “Mission: Impossible.”
Paramount's $8B Skydance merger faces fresh hurdles — from ‘60 Minutes' to the Teamsters
It is too early to know whether requirements to get the merger approved also could include turning over the raw transcript of the interview, according to the source.
Skydance boss David Ellison to chop Paramount's three-headed CEO structure after merger: report
David Ellison, son of Oracle billionaire Larry Ellison who will run the combined company as chairman and CEO, is planning changes at Paramount.
Paramount Co-CEO Troika, TV Businesses Eye Consolidation Once Skydance Merger Closes
The Paramount co-CEO threesome of Chris McCarthy, George Cheeks and Brian Robbins is apt to look quite different once the Skydance-Paramount merger goes through in late March-early April, according to...
Box office sees record holiday weekend
CNBC's Julia Boorstin joins 'Fast Money' to talk the weekend's record box office numbers.
Weprin: Wicked' is the fifth biggest weekend this year. Universal and Paramount are happy.
Alex Weprin, Media & Business Writer at The Hollywood Reporter, discusses the success of "Wicked" and "Gladiator 2" at the box office. "Wicked" earned over $114 million, making it the fifth biggest we...
Paramount Global: A Story No One Is Reporting Could Herald A Turnaround
Paramount's financial woes and extensive cost-cutting measures are overshadowed by the potential operational improvements under new leadership, especially in streaming and content strategy. Paramount'...
'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend
Universal's "Wicked" and Paramount's "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. "Wicked" has alread...
'Wicked' pulls in $19.2 million from early screenings
"Wicked," the first of two parts of the movie adaptation of a beloved Broadway musical, generated $19.2 million in U.S. and Canadian ticket sales from early screenings this week, distributor Universal...
Paramount Global Sets $1 Million Payouts To HR & Government Affairs Heads When Skydance Deal Closes
More cash is set to flow for Paramount Global executives as the company said two will each receive bonuses of $1 million when the company's sale to Skydance closes as part of a “transaction award prog...
'Wicked,' 'Gladiator II,' 'Moana 2' Could Break Thanksgiving Weekend Box Office: Stocks To Watch
Highly anticipated movies "Wicked" and "Gladiator II" are being released on the same day and come shortly ahead of "Moana 2," setting up what could be a record-breaking Thanksgiving weekend for the mo...
Shari Redstone paid off $186M loan to Paramount's lenders — with bulk of cash coming from Larry Ellison: sources
The 70-year-old daughter of the late media titan Sumner Redstone forked over $186 million last month owed to creditors of National Amusements — the holding company that owns 77.5% of Paramount's votin...
Major Paramount shareholder Mario Gabelli urges FCC to delay key decision on Skydance merger
Gabelli requested the delay so that he could probe for “potential fiduciary and/or federal securities violations” against Paramount's minority shareholders.
Paramount Shareholder Mario Gabelli Asks FCC To Delay Review Of Skydance Merger Pending His Request For More Financial Details
Longtime Paramount Global shareholder Mario Gabelli, who had agitated against iterations of the Skydance-Paramount merger deal, is stepping up his campaign for more transparency around the deal. Lawye...
PEPSI® and Regal Are Transforming a New York City Theatre Into the Roman COLAsseum For Exclusive Fan Event Celebrating Paramount Pictures' Highly Anticipated Gladiator II Film
Fans can sign up to RSVP for the free, immersive activation to get hyped for the upcoming Paramount Pictures film Gladiator II, only in theatres everywhere on November 22. They'll be transported to "T...
Paramount Revenue Is Down: Analyst Remains Optimistic That 'Gladiator II' And 'Sonic 3' Can Help
Paramount Global ‘s PARA third-quarter 2024 financial results reflect a mixed performance across various segments.
Paramount Co-CEO Chris McCarthy Feels Good About Paramount+'s Position “To Remain A Standalone”
“We feel good about our position and our ability to remain a standalone.” That was Paramount Co-CEO Chris McCarthy's update on the status of Paramount+, delivered on this morning's third-quarter earni...
Paramount Global (PARA) Q3 2024 Earnings Call Transcript
Paramount Global (NASDAQ:PARA) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Jaime Morris - EVP of IR Brian Robbins - President and CEO Chris McCarthy - President ...
Paramount's earnings lag estimates as streaming gains are offset by weak film and TV revenue
The company still expects to close its merger with Skydance, the studio run by David Ellison, in the first half of 2025.
Paramount Earnings Highlight Streaming Growth. The Stock Rises.
The media and entertainment company's shares are down 22% this year, compared with a 25% rise for the benchmark S&P 500.