Paramount Global (PARAA)
| Market Cap | 9.89B |
| Revenue (ttm) | 30.15B |
| Net Income (ttm) | -1.10B |
| Shares Out | 502.82M |
| EPS (ttm) | -1.78 |
| PE Ratio | n/a |
| Forward PE | 21.03 |
| Dividend | $0.20 (1.02%) |
| Ex-Dividend Date | Dec 14, 2023 |
| Volume | 69,652 |
| Open | 19.90 |
| Previous Close | 20.09 |
| Day's Range | 19.59 - 20.07 |
| 52-Week Range | 13.40 - 29.51 |
| Beta | 1.87 |
| Analysts | Hold |
| Price Target | 16.53 (-15.92%) |
| Earnings Date | Feb 15, 2024 |
About PARAA
Paramount Global operates as a media and entertainment company worldwide. The company operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. Its TV Media segment operates domestic and international broadcast networks, including CBS Television Network, Network 10, Channel 5, Telefe, and Chilevisión; and cable networks comprising Paramount Media Networks, Nickelodeon, BET Media Group, and CBS Sports. The company's Direct-to-Consumer segment provides portfolio of domestic and international pay and free streaming services... [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 20 analysts, the average rating for PARAA stock is "Hold." The 12-month stock price forecast is $16.53, which is a decrease of -15.92% from the latest price.
News
Comcast And Paramount Reach Carriage Renewal, Averting Blackout
Top U.S. cable operator Comcast has reached a carriage renewal with Paramount Global, averting a potential blackout of service around the New Year's holiday. The deal, confirmed to Deadline by a Param...
The streaming landscape will consolidate to 4-5 major players, says AlixPartners' Grace Lee
Grace Lee, Co-Head of Co-Head of the Media & Entertainment Practice for the Americas at AlixPartners, discusses the outlook for the streaming wars.
Paramount, CBS Owner National Amusements Confirms Cyberattack Affecting 82,000 People
Shari Redstone's National Amusements, the controlling shareholder of Paramount Global, has confirmed it was the victim of a hack that affected more than 82,000 people.
CBS, Paramount owner National Amusements says it was hacked
National Amusements, the cinema chain and corporate parent giant of media giants Paramount and CBS, has confirmed it experienced a data breach in which hackers stole the personal information of tens o...
Former NBC Cable President Tom Rogers on big media mergers in 2024
Tom Rogers, Oorbit Gaming and Entertainment executive chairman and former NBC Cable president, joins ‘Squawk Box' to discuss the state of the media landscape, whether next year could be a big year for...
Warner Bros. Discovery CEO David Zaslav's lifeline to Paramount's Shari Redstone not enough amid merger talk
If you haven't noticed, this isn't a great time to be running a media company.
Streaming industry could see deconsolidation: Brightcove CEO
Talk about a merger between Warner Bros. Discovery (WBD) and Paramount Global (PARA) was reported by Axios this week.
A Paramount-WBD Merger Could Be Too Little, Too Late
As reports emerged about a potential tie-up of the media giants, the stocks of both firms fell. Why Wall Street is unimpressed.
A Warner Bros.-Paramount merger would create a streaming behemoth.
A merger between entertainment giants Warner Bros. Discovery Inc. and Paramount Global could bring together TV networks like CBS and CNN, streaming services Max and Paramount+, and a wide swath of spo...
Warner Bros. Discovery CEO Zaslav not ready to make deal for Paramount
The purchase of Shari Redstone's stake in National Amusements and Paramount would make it easier for David Zaslav to start to absorb the media company.
Paramount needs more scale to survive, says Seaport's David Joyce
David Joyce, Seaport Research Partners senior analyst, joins 'Power Lunch' to discuss the potential Paramount and Warner Media streaming deal.
Warner Bros.-Paramount deal would be a mistake for WBD: TD Cowen's Doug Creutz
Doug Creutz, managing director at TD Cowen, joins 'The Exchange' to discuss the potential merger between Warner Bros. and Paramount, the likelihood of more media consolidation, and more.
Slim Odds of Warner-Paramount Deal Approval: LightShed Analyst
Rich Greenfield a media and technology Analyst at LightShed Partners says any merger between Warner Bros. and Paramount would have a "long and arduous" regulatory approval process and likely would not...
Why a Warner-Paramount Merger Would Benefit Content Creation
Laura Martin, senior entertainment and internet analyst at Needham & Co, says a potential merger of Warner Bros. and Paramount makes sense for both companies and the industry.
Warner Bros.-Paramount merger may be the best move for both companies, says CNBC founder Tom Rogers
Tom Rogers, CNBC founder, joins 'The Exchange' to discuss the potential merger of Warner Bros. and Paramount, the outlook for legacy media companies, and more.
Warner Bros. Discovery and Paramount slip amid reported merger talks
Jim Lebenthal, chief equity strategist at Cerity Partners, and Josh Brown, CEO of Ritholtz Wealth Management, debate the media company synergies and consequences of a merger.
Paramount, Warner Bros Discovery discuss merger; would consolidate streaming services
The chief executives of Warner Bros. Discovery and Paramount Global reportedly recently got together to weigh the possibility of merging their media companies into one.
What A Warner Bros./Paramount Merger Could Mean For Users
Reports that Warner Bros. Discovery and Paramount Global entered talks to potentially merge the two into another entertainment goliath—which could consolidate a lot of exclusive sports content— could ...
WBD, Paramount merger talk: Why a deal could be challenging
"Warner Bros. Discovery (WBD) CEO David Zaslav met with Paramount Global (PARA) CEO Bob Bakish about a potential deal, according to a report from Axios.
‘A bellwether for the industry': why Warner-Paramount talk is no surprise
Investors seemed unimpressed but analysts say even talk of a merger reflects moves to consolidate in a tough market
Warner Bros Discovery, Paramount will be 'worse off' together - analysts
Warner Bros Discovery and Paramount Global are likely to be "worse off" together as a merger will leave them billions deeper in debt and saddled with dying traditional television assets, Wall Street a...
Warner Bros. Discovery is Paramount's best fit for a merger, says Rosenblatt's Barton Crockett
Barton Crockett, Rosenblatt Securities senior analyst, joins 'Squawk on the Street' to discuss whether Warner Bros. Discovery should try to purchase Paramount, the most likely outcome for how the stre...
Warner-Paramount Deal Would Test Appetite for Streaming Consolidation
In the current Hollywood rumor mill, one thing remains certain: Streaming consolidation will be a lot easier said than done.
Warner Bros. Discovery, Paramount Reportedly in Merger Talks
Warner Bros. Discovery (WBD) and Paramount (PARA) are said to be in early talks about an entertainment mega-merger.
The studio at Paramount is the 'asset' that people want in a merger, says Puck's Matt Belloni
Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss preliminary talks between Warner Bros. Discovery and Paramount Global on a potential merger, how viable a deal would be, antitrust co...