Paramount Global (PARAA)
| Market Cap | 22.01B |
| Revenue (ttm) | 28.50B |
| Net Income (ttm) | 4.07B |
| Shares Out | 648.58M |
| EPS (ttm) | 6.94 |
| PE Ratio | 4.89 |
| Forward PE | 10.25 |
| Dividend | $0.24 (0.71%) |
| Ex-Dividend Date | Jun 14, 2022 |
| Volume | 52,671 |
| Open | 34.61 |
| Previous Close | 34.73 |
| Day's Range | 33.78 - 35.53 |
| 52-Week Range | 28.50 - 50.56 |
| Beta | 1.53 |
| Analysts | Buy |
| Price Target | 43.07 (+26.9%) |
| Earnings Date | May 3, 2022 |
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 ...
Financial Performance
In 2021, PARAA'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 PARAA stock is "Buy." The 12-month stock price forecast is 43.07, which is an increase of 26.90% from the latest price.
News
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 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...
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% ...
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...
Paramount Global CFO Naveen Chopra to Participate in the MoffettNathanson Media & Communications Summit
NEW YORK , May 12, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Naveen Chopra, Chief Financial Officer, will participate in a question and answer session during the M...
CBS CEO George Cheeks scrambles to boost morale after staffers rip harsh working conditions
CBS CEO George Cheeks is scrambling to shore up morale at CBS News, dialing back demands that staffers work nights and weekends as they lament conditions under the struggling network's hard-driving boss...
People looking for entertainment options outside the home will continue to do so, says Paramount CEO
Bob Bakish, Paramount Global president and CEO, joins 'TechCheck' to discuss how consumers will treat the film business going forward, if he sees a consumer pullback coming and more.
Will Paramount's Streaming Push Help Or Hurt Its Stock?
The year-over-year revenue decline was largely due to the impact of the company's TV Media division not airing the Super Bowl, which moved to Comcast this year, resulting in lower advertising sales.
Gabelli Funds to Host 14th Annual Entertainment & Broadcasting Symposium Thursday, June 2, 2022
RYE, N.Y.--(BUSINESS WIRE)--Gabelli Funds will host its 14th Annual Entertainment & Broadcasting Symposium at the Harvard Club in New York City on Thursday, June 2, 2022. The symposium will feature disc...
Paramount+ shows signs of momentum as Netflix stumbles, thanks to originals like '1883‘
Paramount+ added nearly 7 million subscribers in Q1, as data shows its originals have grown in popularity.
Paramount Shares Wobble On Q1 Results; Wall Street Hasn't Fully Embraced Its Streaming Story
Paramount Global shares were down about 1% midway through the trading day after the company reported a mixed bag of first-quarter results. The stock initially dropped as much as 7% to near a 52-week low...
Paramount+ reaches nearly 40M subscribers, will expand to the U.K., South Korea, and India
Paramount Global, formerly ViacomCBS, reported an overall total of 62.4 million global subscribers across its suite of streaming services, with Paramount+ alone adding 6.8 million total subscribers in t...
Why Paramount Global Shares Are Trading Lower Today
Paramount Global (NASDAQ: PARA) reported a first-quarter FY22 revenue decline of 1% year-on-year to $7.33 billion, missing the consensus of $7.38 billion. Global streaming subscribers rose to over 62 mi...
Paramount Global stock dips after revenue falls short
Shares of Paramount Global Inc. PARA, +3.95% were off 4% in premarket trading Tuesday after the company formerly known as ViacomCBS posted declining revenue and profits for its most recent quarter. The ...