Paramount Global (PARA)
| Market Cap | 7.29B |
| Revenue (ttm) | 29.27B |
| Net Income (ttm) | -5.20B |
| Shares Out | 666.71M |
| EPS (ttm) | -7.93 |
| PE Ratio | n/a |
| Forward PE | 8.11 |
| Dividend | $0.20 (1.83%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 8,473,334 |
| Open | 10.75 |
| Previous Close | 10.66 |
| Day's Range | 10.71 - 10.98 |
| 52-Week Range | 9.54 - 17.50 |
| Beta | 1.77 |
| Analysts | Sell |
| Price Target | 12.08 (+10.42%) |
| Earnings Date | Nov 8, 2024 |
About PARA
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 17 analysts, the average rating for PARA stock is "Sell." The 12-month stock price forecast is $12.08, which is an increase of 10.42% from the latest price.
News
Buy 2 October Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings-list from Kiplinger first-appeared 8/16/24 on BKH's SEC-Form-13F. Kiplinger, and YCharts both track this BRK batch. Here is your update from 10/28/24 YCharts data. 25 o...
Alphabet says Spotify, Paramount sign to use new cloud chip
Google Cloud, a unit of Alphabet Inc , said on Wednesday that Spotify Technology and Paramount Global are using a new chip that it designed with technology from Arm Holdings to power their streaming s...
The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids
LOS ANGELES--(BUSINESS WIRE)--The 16th Skechers Pier to Pier Friendship Walk Raises Over $3.4 Million for Kids.
David Ellison Will Hold 100% Of Family Interest In Paramount When Skydance Deal Closes
An amended FCC filing by Skydance today says that David Ellison will hold 100% of the Ellison family's interest in Paramount once that deal closes. The clarification is an attempt to allay concern tha...
THE "BET BLACK MEN'S SUMMIT" CREATES AN EMPOWERING SPACE FOR BLACK MEN TO ADDRESS COMPLEX TOPICS AND AMPLIFY THEIR VOICES AHEAD OF 2024 PRESIDENTIAL ELECTION
AIRING TUESDAY, OCTOBER 29, 2024, AT 10 PM ET/9 PM CT ON BET HOSTED BY D.L. HUGHLEY, A DYNAMIC, IN-DEPTH DISCUSSION ADDRESSING ECONOMIC, SOCIAL, AND POLITICAL TOPICS OF IMPORTANCE TO BLACK MEN FEATURI...
KAMALA HARRIS NAMED WINNER OF NICKELODEON'S KIDS PICK THE PRESIDENT "KIDS' VOTE" POLL
BRAND-NEW KIDS PICK THE PRESIDENT SPECIAL, HOSTED BY NATE BURLESON AND HIS DAUGHTER MIA, DEBUTS TONIGHT AT 8 P.M. (ET/PT) ON NICKELODEON PLATFORMS AND PARAMOUNT+ Share it: @Nickelodeon #KidsPickthePre...
Yellow Rose by Kendra Scott Announces Capsule Yellowstone Collection
The styles honor the iconic Yellowstone Dutton Ranch and Beth and Rip's love story AUSTIN, Texas , Oct. 23, 2024 /PRNewswire/ -- Inspired by the excitement surrounding the return of the fifth season o...
Paramount Global Director Charles Phillips, Who Questioned Skydance Deal, Resigning From Board
Paramount Global board member Charles Phillips, who raised questions about Skydance Media's offers during the companies' months-long merger saga, is resigning from the board. In an SEC filing Friday m...
Paramount assures bonus payouts for co-CEOs even if they exit roles
Paramount Global's board has approved awarding the previously declared annual bonus payments for its three co-CEOs even if they are no longer at the helm, according to a filing on Tuesday.
Paramount Grants Co-CEOs Additional Stock Awards Worth $3 Million, Other Sweeteners
Paramount Global's board has approved new grants of restricted stock valued at $3 million for each of its co-CEOs, Chris McCarthy, George Cheeks and Brian Robbins.
Jeff Shell is about to lead Paramount. He may have runway to make bold changes he couldn't at NBC
Former NBCUniversal CEO Jeff Shell is primed to take over as president of Paramount Global after its merger with Skydance Media is complete. Shell developed a reputation at NBCUniversal for having big...
Paramount Global to Report Third Quarter Financial Results on November 8, 2024
NEW YORK , Oct. 8, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) announced today that it will report third quarter financial results on Friday, November 8, 2024. The company will conduct...
NICKELODEON LETS KIDS' VOICES BE HEARD THIS ELECTION SEASON WITH RETURN OF KIDS PICK THE PRESIDENT "KIDS' VOTE" POLL AND BRAND-NEW SPECIAL
NICK'S "KIDS' VOTE" LAUNCHES TODAY, WITH RESULTS REVEALED IN SPECIAL HOSTED BY NATE BURLESON AND HIS DAUGHTER MIA, DEBUTING MONDAY, OCT. 28, ON NICKELODEON PLATFORMS AND PARAMOUNT+ Share it: @Nickelod...
CBS Helps Kamala Walz On - ACVF Divests From Paramount, Strengthening Its Commitment to Liberal Media Boycotts
WASHINGTON, DC / ACCESSWIRE / October 3, 2024 / Yesterday, the American Conservative Values ETF (ACVF), a fund designed for politically conservative investors, announced that it has divested its holdi...
Paramount Global: A Lot Of Uncertainties, But There's Value To Be Had
Paramount Global is undervalued with a price/book ratio of 0.43, despite its well-known brands and extensive film and TV library. PARA's current ratio of 1.3 indicates a good cash position and managea...
Time To Buy 2 September Berkshire DiviDogs And Watch 6 More
This Berkshire/Buffett holdings from Kiplinger first appeared on 8/16/24 on BKH's SEC-Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 9/30/24 YChart...
Paramount Global Is Going Without Nielsen Ratings (For Now)
On October 1, Paramount Global's contract with ratings provider Nielsen expired without a renewal agreement. As a result, Paramount Global networks including broadcast network CBS and such cable chann...
Disney and Paramount lay off hundreds of employees as legacy media giants struggle with pay-TV decline in 2024
It hasn't been a good week for the entertainment industry. Two of media's biggest names—the Walt Disney Company and Paramount Global—each announced layoffs this week.
Paramount Global Declares Quarterly Cash Dividend
NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class...
Paramount To Complete '90%' of Planned Staff Cuts Tuesday, Report Says
Paramount Global (PARA) is moving ahead with the second phase of the roughly 15% workforce reduction it announced last month.
Paramount Global bloodbath continues with ‘phase two' of planned 2K job cuts
The bloodbath at Paramount Global continued as the struggling media giant kicked off a second round of layoffs in its previously announced plans to cut 2,000 jobs.
Paramount Global begins second phase of layoffs in U.S., internal memo says
Paramount Global has begun the second phase of its planned layoffs in the United States as the media giant pushes toward increasing profitability, according to an internal memo seen by Reuters.
Paramount Initiates Next Round Of Layoffs In Ongoing Effort To Cut 15% Of U.S. Workforce
Paramount Global has initiated the next phase of its plan to lay off 15% of its U.S. workforce, saying the cuts will be 90% complete after further cutbacks today. George Cheeks, Chris McCarthy and Bri...
BET AND THE NATIONAL PAN-HELLENIC COUNCIL JOIN FORCES TO MOBILIZE BLACK VOTERS FOR THE 2024 ELECTION
Leaders of the "Divine Nine" plus Nine additional emerging young leaders powerfully share their collective voices NEW YORK , Sept. 19, 2024 /PRNewswire/ -- BET and The National Pan-Hellenic Council, ...
Your Voice is Your Vote. BET Media Group, National Urban League, NAACP, and Other Partners Aim to Drive Awareness and Registration This National Black Voter Day on September 20th
5th Annual National Black Voter Day Will Mobilize Black Voters Nationwide to Drive Unprecedented Turnout in the 2024 Election NEW YORK , Sept. 18, 2024 /PRNewswire/ -- BET Media Group (a unit of Param...