Paramount Global (PARAA)
Market Cap | 8.06B |
Revenue (ttm) | 29.65B |
Net Income (ttm) | -608.00M |
Shares Out | 364.53M |
EPS (ttm) | -1.02 |
PE Ratio | n/a |
Forward PE | 20.42 |
Dividend | $0.20 (0.91%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 15,784 |
Open | 22.35 |
Previous Close | 22.20 |
Day's Range | 21.96 - 22.42 |
52-Week Range | 13.40 - 27.23 |
Beta | 1.78 |
Analysts | Hold |
Price Target | 15.45 (-29.8%) |
Earnings Date | May 2, 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 21 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $15.45, which is a decrease of -29.80% from the latest price.
News
S&P cuts Paramount Global's credit rating to 'BB+' on streaming challenges
Ratings agency S&P lowered Paramount Global's credit rating to 'BB+' from 'BBB-' on Wednesday as stiff competition in the streaming landscape pressures the media giant's free operating cash flow (FOCF...
S&P Global Cuts Paramount Credit Rating Into Junk Territory
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.
Paramount Global Credit Rating Cut To Junk Status By S&P Due To “Downside Ratings Pressure” In Its TV Business
Paramount Global's credit rating has been lowered to junk status by S&P Global, which cited the toll of ongoing pay-TV declines as a key factor in its downgrade. The credit ratings agency lowered Para...
PAW Patrol® Spin-off Rubble & Crew™ Drafts MLB Superstar Aaron Judge for Upcoming Episode
New York Yankees Captain and Dog Dad Will Guest Star as Himself in Spin Master's Hit Animated Series – Episode Premiering on Nickelodeon this Summer TORONTO, March 26, 2024 /PRNewswire/ - Baseball ent...
NICKELODEON SERVES UP BRAND-NEW EPISODES OF THE TINY CHEF SHOW BEGINNING MONDAY, APRIL 8
Additional Season Two Guest Stars Revealed, Including Lance Bass, Jordan Chiles, Auliʻi Cravalho, Rob Gronkowski, Tony Hawk, The Miz, Amy Sedaris, Danny Trejo and More Share it: @Nickelodeon @Nickelod...
With Its Studio Business Much Sought After, What's Next For Paramount?
Paramount Global stock (NASDAQ NDAQ : PARA) rallied by close to 12% in Wednesday's trading following a report that private equity firm Apollo Global Management APO extended a $11 billion offer to purc...
Redstone Reportedly 'Unconvinced' by Apollo's $11 Billion Bid For Paramount's Studio
Paramount Global (PARA) shares lost ground Thursday as controlling shareholder Shari Redstone reportedly isn't interested in an $11 billion offer to buy the company's studio segment.
Adobe Underweight, Paramount Global Upgraded, Revolve to Outperform | Top Calls
Top calls today are Adobe Underweight, Paramount Global Upgraded, Revolve to Outperform.
Paramount Stock Tumbles As $11 Billion Studio Deal Falls Into Doubt, Report Says
After posting its best day on Wall Street in four months Wednesday, shares of Paramount Global fell Thursday after a report indicated the media conglomerate's controlling shareholder might not be inte...
Paramount Stock Rides Roller Coaster Back Down After Report That Shari Redstone Is “Unconvinced” By Apollo Offer For Studio
Paramount Global shares, which soared Wednesday on news that Apollo had made an $11 billion offer for Paramount Pictures, has slumped today after a report splashed cold water on the scenario.
Paramount weighs buyout offers
Paramount Global shares have had a volatile week, as the stock surged on reports of a $11B offer from Apollo Global. #stocks #investing #paramount #cbs #streaming
Paramount Stock Jumps After Apollo Reportedly Offers $11 Billion For Studio Segment
Paramount Global (PARA) stock jumped Thursday after it was reported that private equity giant Apollo Management had offered $11 billion for its Hollywood studio.
Private equity giant Apollo offers $11B for Paramount Pictures studio: report
Apollo's reported $11 billion offer is more than the entire market capitalization of Paramount Global, which is currently around $7.7 billion.
Apollo Offers $11 Billion For Paramount Studios, Report Says
Apollo Global Management has made an $11 billion offer to purchase Paramount Global's studios, according to the Wall Street Journal, while the entertainment company reportedly weighs another offer fro...
Apollo Offers $11 Billion for Paramount's Studio
The bid comes as an independent committee of the company's directors is reviewing another offer from Skydance Media to merge with all of Paramount.
Paramount shares rise on report of Apollo's $11 billion bid for company's Hollywood studio
Shares of Paramount Global climbed nearly 8% Wednesday on reports that private-equity firm Apollo Global Management Inc. has offered $11 billion to buy the media conglomerate's film-and-television stu...
Apollo offers $11 bln for Paramount's Hollywood studio, source says
Private equity firm Apollo Global Management has offered $11 billion for Paramount Global's Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover i...
Paramount to expand premium streaming services across Europe
Paramount Global said on Tuesday it would expand the premium tier of its streaming services across Europe, starting with France this month.
Tom Cruise-WBD Deal Can't Hurt His $8 Billion Relationship With Paramount
When word broke in January that Tom Cruise signed a deal to develop original and franchise pictures with Warner Bros. Discovery, including having an office for the actor's Cruise/Wagner Productions co...
Paramount Defenses Celebrates Eighteen Years in Business, Announces Up To $100 Million Software Giveaway
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Paramount Defenses, the world's #1 cyber security company in privileged access, identity and Active Directory security, today announced that it is celebrating e...
Paramount Global to Sell India TV Stake to Reliance Industries
Paramount Global has agreed to sell its 13% stake in its Indian TV business to its local partner, Reliance Industries Ltd., for $517 million.
Paramount Global Sells Stake In Viacom18 To India's Reliance For $500 Million
Paramount Global has sold its 13% equity interest in Viacom18 Media to Indian conglomerate Reliance Industries for the equivalent $517 million. The close of the transaction, revealed in an SEC filing,...
India's Reliance to buy Paramount's stake in Viacom18
India's Reliance Industries has agreed to buy Paramount Global's entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S. compa...
Paramount Global to sell stake in India's Viacom18 to Reliance for over $500M
Paramount Global has reached a binding agreement to sell its stake in Indian media house Viacom18 to conglomerate Reliance for $517.4 million, the most valuable Indian firm disclosed to the local exch...
Paramount and Apollo in talks for strategic deal, says report
Apollo Global Management is in discussions with Paramount Global (PARA) about a possible acquisition or asset purchase. According to a report by Axios on Tuesday, a special committee formed by Paramou...