Paramount Global (PARAA)

NASDAQ: PARAA · IEX Real-Time Price · USD
+1.32 (5.63%)
Mar 21, 2023, 4:00 PM EDT - Market closed
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


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 PARAA
Full Company Profile

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 Statements

Analyst 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.

Price Target
(-0.73% downside)
Analyst Consensus: Hold
Stock Forecasts



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...

Other symbols: PARA
4 days ago - PRNewsWire

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...

Other symbols: PARA
4 days ago - PRNewsWire

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...

Other symbols: PARA
6 days ago - PRNewsWire

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...

Other symbols: PARA
6 days ago - Yahoo Finance

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...

Other symbols: PARA
1 week ago - PRNewsWire

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 ...

Other symbols: PARA
1 week ago - Deadline

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...

Other symbols: PARA
1 week ago - PRNewsWire

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.

Other symbols: PARA
2 weeks ago - Forbes

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.

Other symbols: PARA
2 weeks ago - Yahoo Finance


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...

Other symbols: PARA
2 weeks ago - PRNewsWire

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...

Other symbols: PARA
2 weeks ago - Deadline

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...

Other symbols: PARA
2 weeks ago - Market Watch

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.

Other symbols: PARA
2 weeks ago - WSJ

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 ...

Other symbols: PARA
2 weeks ago - Deadline



Other symbols: PARA
2 weeks ago - PRNewsWire

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...

Other symbols: PARA
2 weeks ago - PRNewsWire

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.

Other symbols: PARA
3 weeks ago - WSJ

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...

Other symbols: PARA
3 weeks ago - Market Watch

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.

3 weeks ago - Market Watch

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...

Other symbols: PARAWBD
3 weeks ago - Market Watch

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

Other symbols: PARA
3 weeks ago - CNBC Television

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.

Other symbols: ALLYFNDGMPARA
3 weeks ago - Business Insider

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...

Other symbols: PARA
1 month ago - PRNewsWire

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...

Other symbols: PARA
1 month ago - Yahoo Finance

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

Other symbols: PARA
1 month ago - WSJ