Paramount Global (PARAA)
Market Cap | 14.09B |
Revenue (ttm) | 30.15B |
Net Income (ttm) | 1.10B |
Shares Out | 569.30M |
EPS (ttm) | 1.61 |
PE Ratio | 15.37 |
Forward PE | 15.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 37,897 |
Open | 23.55 |
Previous Close | 23.43 |
Day's Range | 23.55 - 24.84 |
52-Week Range | 17.75 - 41.87 |
Beta | 1.66 |
Analysts | Hold |
Price Target | 24.57 (-0.73%) |
Earnings Date | May 2, 2023 |
About PARAA
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]
Financial Performance
In 2022, PARAA's revenue was $30.15 billion, an increase of 5.49% compared to the previous year's $28.59 billion. Earnings were $1.10 billion, a decrease of -75.70%.
Financial StatementsAnalyst Forecast
According to 35 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $24.57, which is a decrease of -0.73% from the latest price.
News

WELCOME TO GOOD BURGER, HOME OF THE GOOD BURGER!
NICKELODEON STUDIOS AND PARAMOUNT+ ANNOUNCE "GOOD BURGER 2," AN ALL-NEW MOVIE SEQUEL TO THE ICONIC '90S FILM Original Movie Stars, Kenan Thompson and Kel Mitchell, Return as Fan-Favorite Characters De...

Paramount Global Files Proxy Statement, Announces Changes to its Board of Directors
NEW YORK , March 17, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) (the "Company") today filed its proxy statement and announced changes to its Board of Directors (the "Board"), includin...

Paramount Unites Brands for Launch of First Global Comprehensive E-Commerce Platform, Paramount Shop
Paramount Shop Debuts with Expansive Range of Product Offerings from Across Paramount Brands, Including CBS, Comedy Central, MTV, Nickelodeon, Paramount Pictures & More NEW YORK , March 15, 2023 /PRNe...
Paramount+ ‘has been the fastest-growing streaming service' since 2021, CFO says
Paramount Global CFO Naveen Chopra joins Yahoo Finance Live to discuss Paramount+, competition in the streaming space, exceeding earnings expectations, amplifying the company's marketing through partn...

Paramount Global Declares Quarterly Cash Dividends
NEW YORK , March 10, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class...

Paramount Global Launches New Marketing Campaign “Popular is Paramount”
Paramount Global today announced a new brand positioning and trade campaign around the tag ‘Popular is Paramount' to reflect “the company's indisputable strength in making popular content and content ...

Paramount Global Launches "Popular is Paramount"
New Trade Marketing Campaign and Positioning Celebrates Scale, Breadth and Impact of Paramount Content with Big, Beloved IP For All Audiences at the Center Showcases Paramount's Track Record of Making...

Cable Network Valuations To Be Tested With Potential Sale Of BET
Paramount is in talks with Tyler Perry to sell a majority interest in BET Media Group, which owns Black Entertainment Television (BET) and VH1.
Paramount weighs sale of majority stake in BET Media Group: Report
Yahoo Finance's Allie Canal joins the Live show to discuss reports that Paramount is weighing the sale of a majority stake in BET Media Group.

JERSEY JACK PINBALL ANNOUNCES THE GODFATHER 50TH ANNIVERSARY PINBALL MACHINE
A pinball experience that you can't refuse CHICAGO , March 7, 2023 /PRNewswire/ -- Jersey Jack Pinball (JJP), in partnership with Paramount Consumer Products, is proud to announce The Godfather 50th A...

Paramount Global Exploring Sale Of Majority Stake In BET
Paramount Global is in early exploratory talks to sell a majority stake in BET Media. The company has been pretty clear about its desire to explore opportunities to raise cash, including an attempt to...

Paramount stock reverses higher after WSJ report media company was looking into selling bulk of its BET Media Group
Shares of Paramount Global PARA, +0.33% jumped 0.6% in midday trading, reversing an earlier loss of as much as 0.7%, after The Wall Street Journal reported that the mass media company was looking into...

Paramount Explores Sale of Majority Stake of BET Media Group
The potential sale of part of the parent of BET and VH1 would help Paramount shore up resources for streaming.

Paramount To Pay $122.5M To Settle 2019 Shareholder Lawsuit Over Viacom-CBS Merger
Paramount has agreed to pay $122.5 million to settle a 2019 lawsuit by Viacom shareholders over the company's merger with CBS. The settlement was disclosed today in an SEC filing. In the filing (read ...

THE THUNDERMANS ARE BACK IN ACTION!
NICKELODEON STUDIOS GREENLIGHTS THE THUNDERMANS RETURN, ALL-NEW FEATURE-LENGTH MOVIE BASED ON THE ORIGINAL HIT SHOW Original Series Cast Members Return, with Kira Kosarin, Jack Griffo, Addison Riecke,...

Paramount Global's Chief Executive Officer Bob Bakish to Participate in the 2023 Morgan Stanley Technology, Media & Telecom Conference
NEW YORK , March 1, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Bob Bakish, President and Chief Executive Officer of Paramount Global, will deliver the keynote add...

Paramount Turned Down $3 Billion-Plus Offer for Showtime From Former Executive
David Nevins was the latest Showtime suitor to be rebuffed by Paramount over past few years.

Paramount stock falls after WSJ reports it turned down more than $3 billion bid to buy Showtime
Shares of Paramount Global PARA dropped 2.7% in afternoon trading, after The Wall Street Journal reported that the media and entertainment company had turned down a bid from former executive David Nev...

Warren Buffett's Berkshire Hathaway is the largest investor in these 8 stocks
As 2022 wrapped, Warren Buffett's Berkshire Hathaway was the largest shareholder of eight stocks that include traditional oil companies and financial-services giants.

Warner Bros. Discovery sues Paramount over $500 million ‘South Park' deal
NEW YORK — Warner Bros. Discovery Inc. WBD, -1.14% is suing Paramount Global PARA, -4.86% , saying its competitor aired new episodes of the popular animated comedy series “South Park” after Warner pai...
Lightning Round: If Paramount Global comes down, buy, buy, buy
Mad Money host Jim Cramer takes calls on all manner of stocks, including CoreCivic, Paramount Global and Booking.com.

Warren Buffett stocks: Here are Berkshire Hathaway's 5 best-performing shares of 2023
So far this year, standout names from Berkshire Hathaway's portfolio include Nu Holdings and Paramount Global.

Paramount Global's Chief Financial Officer Naveen Chopra to Participate in the Deutsche Bank 31st Annual Media, Internet & Telecom Conference
NEW YORK , Feb. 21, 2023 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Naveen Chopra, Executive Vice President and Chief Financial Officer of Paramount Global, will parti...
Paramount CEO Bob Bakish forecasts earnings growth into 2024
This segment originally aired on February 16, 2023 Yahoo Finance Live anchors Dave Briggs and Seana Smith report on Paramount stock and CEO Bob Bakish's earnings growth forecast in the streaming space...

Paramount Isn't Buffeted by Streaming Winds
The media company was one of the few stocks Warren Buffett's Berkshire Hathaway bought more of during the fourth quarter